All the updated news related to kathleen brooks

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City

Pressure mounts on Reeves as Starmer refuses to guarantee future of her job

Rachel Reeves is under intense pressure after Sir Keir Starmer refused to guarantee her long-term future in No 11 as the value of the pound fell and Government borrowing costs remained high. The Prime Minister said the Chancellor had his “full ...

13 Jan 2025 at 13:40

DeepSeek AI model sends shockwaves through US tech firms as stocks plunge

The emergence of Chinese artificial intelligence firm DeepSeek rocked US tech giants’ stocks on Monday night amid concerns that the new low-cost AI model would upend their dominance. Tech shares plunged and chip maker Nvidia suffered falls of ...

28 Jan 2025 at 12:34

Government borrowing costs rise further after Budget

Government borrowing costs leapt higher on Thursday afternoon with bond yields rising to their highest point in a year, as markets continued to digest a sharp increase in borrowing in Labour’s autumn Budget. The yield – or interest rate – on ...

31 Oct 2024 at 16:49

City

Reeves will be Chancellor for whole of this Parliament, No 10 says

Rachel Reeves will be Chancellor “for the whole of this Parliament,” Downing Street has said, following questions over whether her future in Number 11 was guaranteed amid high Government borrowing costs. Sir Keir Starmer said Ms Reeves had ...

13 Jan 2025 at 17:32

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