UK inflation drops to 3.2%, increasing expectations of Thursday interest rate cut – business live

There were a few annual declines in food prices:Olive oil -16.2%Flours and other cereals -6.1%Pasta products and couscous -4.2%Sugar -4%Frozen seafood -2.4%Rice -1

UK inflation falls sharply to 3.2% amid slowdown in food price rises

UK inflation fell by more than expected in November amid a slowdown in food prices, official figures show, strengthening the case for the Bank of England to cut interest rates on Thursday.In a crunch week for the economy, the Office for National Statistics said the rate as measured by the consumer prices index eased to 3.2% last month from a reading of 3.6% in October. City economists had forecast a modest drop to 3

UK insists US tech deal not dead as Trump threatens penalties against European firms

Downing Street insists the $40bn Tech Prosperity Deal between the US and UK that is on hold is not permanently stalled. The BBC reported on Tuesday evening that the prime minister’s office claimed that the UK remains in “active conversations with US counterparts at all levels of government” about the wide-ranging deal for the technology industries in both countries to cooperate.The agreement, previously billed as historic, was paused after the US accused the UK of failing to lower trade barriers, including a digital services tax on US tech companies and food safety rules that limit the export of some agricultural products. The New York Times first reported British confirmation that negotiations had stalled.“We look forward to resuming work on this partnership as quickly as possible,” a Downing Street spokesperson said in a statement

US date rape survivors file lawsuit accusing Hinge and Tinder of ‘accommodating rapists’

The Dating Apps Reporting Project produced this story in partnership with the Pulitzer Center’s AI Accountability Network and The Markup, now a part of CalMatters, and copublished with The Guardian and The 19th.Six women who were drugged and raped or sexually assaulted by the same Denver cardiologist filed a lawsuit against Match Group on Tuesday, accusing the world’s largest dating app company of “accommodating rapists across its products” through “negligence” and a “defective” product.The women, backed by four law firms, said that by allowing known abusers like Stephen Matthews to remain on its apps, Tinder and Hinge, even after they are reported for rape, the company fostered a breeding ground for “sexual predators”.“Even when Match Group receives reports about rapists, they continue to welcome them, fail to warn users about the general and specific risks, and affirmatively recommend known predators to members,” the complaint said. “Rapists know each Match Group platform offers a catalog of available victims

Ashes third Test, day one – as it happened

Ali Martin’s report from Adelaide Oval is here:That’s my cue to get out of here, thanks for your company and comments on what turned out to be an absorbing if lackadaisical day of cricket.BIG DAY TOMORROW!Goodbye.That’s yer lot. An absorbing and hot day of cricket comes to a close in Adelaide. Australia played a series of poor shots to keep gifting England wickets, immediately after lunch the hosts were 94 for 4

Alex Carey’s sparkling century helps Australia recover from early England Ashes onslaught

After the pandemonium of Perth and Brisbane’s pink-ball palooza came an outbreak of more familiar looking Test cricket at Adelaide Oval. For the locals it was one to savour as their boy, Alex Carey, delivered a sparkling century at his home ground that saw Australia edge the opening day.Not that England, 2-0 down and clinging on in this series, could be too downbeat. Ben Stokes had lost what appeared an ominous toss and, though far from perfect, his bowlers kept plugging away in 35c heat. At stumps Australia were 326 for eight from 83 overs – runs on the board but surely short of ambitions when Pat Cummins got the choice first thing