US stocks rally as retail strength calms growth fears

US stocks held on to their gains following the release of minutes from the Federal Reserve’s July monetary policy meeting, as fresh optimism over consumer spending countered recent worries over economic growth. The S&P 500 jumped 0.8 per cent higher on Wednesday, boosted by strong earnings from retailers Target and Lowe’s, which underlined the health […]

HS2 rail link could be terminated as review announced

HS2 rail link could be terminated as review announced

By Alan McGuinness, political reporter The future of HS2 has been thrown into doubt after it was revealed that an independent review will consider whether and how the £55bn project should continue. The Department for Transport has formally announced the “rigorous” inquiry into the high-speed rail link, which will “inform the government’s decisions on next […]