Author: Editor-In-Chief

This report is from this week’s CNBC UK Exchange newsletter. Is it what you see? You can subscribe here.dispatchWhen assessing what 2025 has meant for the UK economy, UK businesses and financial markets, it is tempting to focus less on what has happened and more on what has not happened.Most obviously, the widely expected Bank of England rate cut did not materialize as hoped, while inflation did not fall as much as the Bank of England and other banks had hoped.General view of residential and commercial skyscrapers over Tower Bridge in Canary Wharf, London, England, June 26, 2025. John Keeble…

Tim Cook, CEO of Apple Inc., attends the Apple Worldwide Developers Conference held at the Apple Park campus in Cupertino, California on June 9, 2025.David Paul Morris | Bloomberg | Getty ImagesOne of the biggest launches apple’s History is scheduled to be announced next year, but it has nothing to do with hardware. The company promised investors it would launch the next generation of Siri, its artificially intelligent voice assistant. There’s a lot going on with Apple announcing a “more personal Siri.” Siri has so far stayed out of the tech industry’s AI race that began when OpenAI announced ChatGPT…

India’s exports rose nearly 20% in November compared to the same month last year, the fastest growth in three years, mainly driven by exports to the United States and China.The rise comes at a time when many countries are struggling to protect their exports from the impact of high U.S. tariffs introduced by President Donald Trump. President Trump said the United States imposed a 25% tariff on India earlier this year in retaliation for India’s continued purchase of Russian crude oil, bringing the total tariff to 50%.Recommended stories list of 3 itemsend of listThe increase in Indian exports in November…

Red Bull manager Laurent Mequise insists the Milton Keynes team will remain aggressive under his leadership, saying the team will push F1’s rules “to the limits and sometimes beyond”.Mekies has made an impressive start to the season since replacing Christian Horner in July, overseeing a turnaround that has seen Max Verstappen within two points of a historic return to title contention. Under Horner, who has been at the helm of the team since it joined the grid in 2005, Red Bull have become known for their particularly fierce competitiveness, while the Briton himself has had several feuds with rival team…

Regent Street in London at Christmas timeGetty ImagesLONDON — European stock markets were mostly higher on Wednesday as investors braced for central bank decisions.pan-european Stocks 600 It rose 0.3% immediately after the opening bell, with sectors mixed, with most major exchanges in positive territory. The European Central Bank is scheduled to hold its last policy meeting of the year on Thursday, and European market participants will be keeping an eye on the central bank’s actions this week.The central bank is expected to keep interest rates at 2%, but ECB President Christine Lagarde said she was likely to raise the euro…

Jake Paul is set to “shock the world” and “spark the biggest upset in the history of the sport” when he takes on former world heavyweight champion Anthony Joshua in Miami. sprayer This content is provided by sprayercookies and other technologies may be used. To view this content, you must allow cookies. You can change the settings and enable it using the buttons below. sprayer Use cookies or allow them only once. You can change your settings at any time in Privacy Options. Unfortunately, we were unable to verify whether you consented. sprayer cookie. To view this content please allow…

Shoppers walk past a Regent Street store on the last weekday before Christmas in London, December 22, 2023.Henry Nichols AFP | Getty ImagesBritain’s inflation rate plunged to 3.2% in November, raising the possibility that the Bank of England will cut interest rates at its final board meeting of the year on Thursday.Economists polled by Reuters had expected inflation to hit 3.5% in the 12 months to November, the lowest annual rate since March and down from 3.6% in October. Core inflation, which excludes energy, food, alcohol and tobacco, also rose by 3.2% in the year to November, down from 3.4%…

In early November, US President Donald Trump declared that “Christianity faces an existential threat in Nigeria.” In a series of posts on his platform Truth Social, he accused “Islamic extremists” of “genocide” and warned that the United States “could very well move into a now disgraceful country full of guns.”This claim was based on the well-known assumption that violence in Nigeria is driven by religious ideology and that Christians are targeted by Islamic extremists.In mid-November, a new wave of school kidnappings revealed how dangerous northern Nigeria has become for children of all faiths. On November 17, armed men attacked a…

Undefeated world super middleweight champion Terrence Crawford has announced his retirement from boxing at the age of 38.The five-division champion revealed his decision in a video posted to YouTube, saying he would be ceasing to compete months after his victory over Canelo Alvarez in September. With his victory over Alvarez, Crawford became the first male fighter in the modern era to hold undisputed titles in three weight divisions. In a post about X, he said he was “leaving as a great man with nothing else left to prove.””When I step away from competing, it’s not because the fight is over,…

Ben & Jerry’s co-founders Ben Cohen and Jerry Greenfield partnered with MoveOn to hand out free ice cream in Philadelphia’s Franklin Square during Vice President Kamala Harris’ Scoop the Vote tour to rally votes against Democrats in Philadelphia, Pennsylvania on September 16, 2024. Lisa Lake | Getty Images Entertainment | Getty ImagesIn an interview with CNBC, Ben & Jerry’s co-founder Ben Cohen accused parent company Magnum Ice Cream Company of “destroying” the brand.Magnum, the world’s largest independent ice cream business, is only a week old, but it’s already experienced years of internal drama.Unilever-appointed Ben & Jerry’s CEO Jochanan Sengh said…