The Bank of Japan has ended its negative interest rate policy, increasing the benchmark rate to 0.1%. This move marks a significant shift after 17 years of ultra-loose monetary policy, driven by persistent inflation exceeding the 2% target.
Several airlines serving the UK are curtailing flight numbers and increasing prices, with long-haul routes via Asia seeing significant fare hikes. Jet fuel costs have doubled due to Middle East supply disruptions, forcing carriers to re-route flights and pass expenses onto passengers.
Jenny Lennick, founder of Jenny Lemons, successfully pivoted her struggling San Francisco clothing business into a thriving enterprise specialising in food-themed hair accessories, achieving £1.6 million in revenue last year despite previous debt and ongoing challenges from tariffs and intellectual property infringements.
