Author: Buzzo

Faisal Islam & Nick EdserEconomics editor and Business reporter, BBC NewsEPAThe government is proposing to ease restrictions on how some pension schemes are managed, as part of efforts to boost economic growth.The Treasury said defined benefit pension schemes have a total surplus of £160bn, but under current rules much of the money is trapped and cannot be invested in the wider economy.The government has made improving growth its main priority in order to boost living standards, but recent figures indicate the economy is struggling to expand.Prime Minister Sir Keir Starmer told company bosses on Tuesday that the government’s “growth mission”…

Starmer says Labour must get economy working and ‘we’re beginning to see how that’s turning around’Keir Starmer has claimed that the economy is beginning to revive.Growth has been largely flat since Labour took office, but in an interview with Bloomberg this morning he claimed that it was starting to revive. We have to get our economy working. I think we’re beginning to see how that’s turning around. The number one priority of this Labour government is growth: growth, growth, growth. Starmer spoke to Bloomberg after his meeting this morning with business leaders, ahead of Rachel Reeves’ speech tomorrow on promoting…

Bill Gates said he believes he would have been diagnosed with autism if he were growing up today.The Microsoft co-founder and tech billionaire, 69, made the revelation in his upcoming memoir, “Source Code: My Beginnings.”In an excerpt of the book, which was published in The Wall Street Journal, Gates wrote about how his parents “struggled with their complicated son” during his childhood in Washington State.”If I were growing up today, I probably would be diagnosed on the autism spectrum,” Gates wrote. MELANIA TRUMP SAYS BARRON AUTISM RUMORS CAUSED ‘IRREPARABLE DAMAGE’”During my childhood, the fact that some people’s brains process information differently…

US President Donald Trump has paused grants, loans and other federal assistance, according to a leaked government memo verified by the BBC’s US partner, CBS News.In the memo, the acting head of the Office of Management and Budget (OMB) calls on government agencies to ensure spending is consistent with Trump’s priorities – and nods to a number of executive orders that the returning president has made.The full impact of the pause is not yet clear, although the memo specifies that Medicaid and Social Security benefits are not affected. It comes days after the US halted nearly all foreign aid.The move…

Kane Cornes has blasted West Coast over its decision to re-sign veteran midfielder Elliott Yeo on a fresh three-year contract in June last year, describing the move as “stupidity” after the 31-year-old last week suffered knee and ankle injuries.The premiership-winning on-baller will almost certainly miss the start of the Eagles’ season after he injured the medial ligament in his right knee and suffered syndesmosis damage to his right ankle when he was tackled during a training session last Friday.Cornes said Yeo was a “real bright spot” for West Coast in the 2024 season, in which he averaged 22.5 disposals, 12…

On a recent episode of Jay Leno’s Garage, the renowned car enthusiast and former TV host turned his attention to one of BMW’s most elusive and impressive models: the 1994 BMW 850CSi. With only 1,519 built worldwide—and just 225 sold in the U.S.—this car has earned a reputation as the hidden gem of the E31 8 Series lineup. To help tell its story, Leno invited automotive journalist Jason Cammisa to provide deeper insights into the history and engineering behind this incredible machine. In case you haven’t figured it out, Cammisa is the proud owner of this beauty.An M8 in DisguiseThe…

May the Force be with you…View Entire Post ›

President Donald Trump signed a handful of executive orders on Monday, including two banning “radical gender ideology” and Diversity, Equity and Inclusion (DEI) initiatives from all branches of the U.S. military.Trump stated that both orders, titled “Prioritizing Military Excellence and Readiness” and “Restoring America’s Fighting Force,” should be in the process of being implemented by Defense Secretary Pete Hegseth and the secretary of homeland security within 30 days.Under “Restoring America’s Fighting Force,” Trump states that DEI programs have undermined “leadership, merit and unit cohesion, thereby eroding lethality and force readiness” and have “violated Americans’ consciences by engaging in invidious race…

Barcelona-based business travel management platform TravelPerk has raised $200 million at a hefty $2.7 billion valuation — almost double the $1.4 billion valuation at its previous fundraise last year. Alongside the raise, TravelPerk also announced it has acquired Swiss startup Yokoy to bring native expenses management into the fray. With the travel and tourism industry just about back to pre-pandemic levels, this has proved a boon for startups offering everything from tour packages and trip-planning tools, to luggage storage and vacation rental smarts. This trend has been reflected somewhat in the corporate sphere, too, with the World Travel and Tourism…

Morning opening: With friends like theseJakub KrupaDanish prime minister Mette Frederiksen and German chancellor Olaf Scholz at a press conference in Berlin this morning. Photograph: Filip Singer/EPADanish prime minister Mette Frederiksen travels to Berlin, Paris and Brussels at short notice today as she seeks to seek European unity in response to US president Donald Trump’s repeated plans to “get” Greenland.“Denmark is a small country with strong allies. And it is part of a strong European community where together we can meet the challenges we face. … With war on the continent and changes in geopolitical reality, … unity is crucial,”…