The effective interest rate on US government bonds, the 10-year Treasury yield, briefly rose above 5% this week, reaching levels not seen since 2007. This increase reflects market recalibrations of US economic prospects.
Transport Secretary confirms the Driver and Vehicle Standards Agency (DVSA) will not meet its seven-week driving test waiting time target until autumn 2025, a year later than the previously revised goal. Average waits currently stand at 22 weeks, despite recent booking system reforms.
Michael O'Leary, Ryanair's long-standing Chief Executive, has finalised a contract extension that will see him lead the airline group until April 2032. The agreement includes a substantial bonus scheme, potentially worth over £130 million, tied to ambitious financial targets and share price performance.
