UK inflation fell to 3.4% in May

Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation fell to 3.4 per cent in May, in line with expectations, as the Bank of England seeks evidence that recent price rises are under control. The reading from the Office for National Statistics…

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Why Keir Starmer made Nigel Farage Britain’s ‘real opposition’

Sir Keir Starmer’s decision to target Nigel Farage’s Reform UK as “the real opposition” was a seismic political choice, elevating the right-wing populist party from outsiders to the status of Britain’s potential government-in-waiting. The controversial move, executed in a speech last month, has divided opinion, with some Labour strategists warning that Starmer has taken a…

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Vince swings to profit loss on sales decline

Vince Holdings announced on Tuesday sales fell 2.1% to $57.9 million, resulting in the U.S. luxury fashion brand swinging to a profit loss for the three months. Vince The New York-based company said sales for the quarter ending May 3 were hurt by declining retail store channel sales in the direct-to-consumer segment, as a result of store…

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