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The Latest Breaking News from Ed Conway

Hurricane Helene shuts down critical mines, endangering AI chip supply

The two mines provide high-purity quartz for semiconductors.

Fortune

The best 'lazy' classes in London for when you just can't be bothered

Ready to hit pause on HIIT? Maximum intensity is far from the only way to work out — and these low impact classes have benefits for your mind as much as your body, says Hayley Spencer

Evening Standard

Bank of England’s Ramsden warns inflation ‘remains much too high’ after falling to 7.9% in June - as it happened

FTSE 100 jumps and gilt yields tumble after larger-than-expected drop in UK inflation last month

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

European Central Bank raises interest rates to fight inflation; Nationwide to lift fixed mortgage rates – as it happened

UK mortgage holders face worst squeeze since 1990s crash, while Europe’s central bank hikes borrowing costs to battle inflation

The Guardian - UK

Finance crisis - UK pension funds were on verge of being wiped out today by Kwasi Kwarteng budget

Reports have emerged that the Bank of England emergency intervention in the money markets was sparked by fears there would be an unprecedented run that would have left pension funds insolvent.

Daily Record

ECB hikes interest rates by record 75bp and slashes growth forecasts – as it happened

Christine Lagarde warns that eurozone economic growth is weakening, but EBC plumps for record increase in borrowing costs to curb inflation

People

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