Scottish Mortgage values SpaceX at $1.25tn ahead of blockbuster IPO
UK investment trust’s valuation means its holding in Elon Musk’s company is worth £3bn
Economic news
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It’s not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas
Here’s some of the places where prices are rising fast for consumers.
‘How long can the gilt market act as the UK’s political police?’
The bond vigilantes saddle up for Starmer
Consumer prices rose 3.8% annually in April, the highest since May 2023
The consumer price index was expected to increase by 3.7% annually in April, according to the Dow Jones consensus.
UK borrowing costs surge as Starmer leadership crisis rattles bond markets
30-year gilt yield at highest this century as cabinet ministers pressure prime minister to consider his position
Japanese snack maker goes black and white on Iran war supply crunch
Calbee to drain colour from packaging in response to rising prices of petroleum-based inks