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June 19, 2026

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Economics

KPMG leaked confidential Optus information and surveilled whistleblower’s laptop, inquiry hears

International firm owns up to breach of ethics after staff leaked confidential Optus information while bidding for telco contractKPMG has admitted to another breach of ethics after its staff leaked Optus’ confidential information to colleagues bidding …

June 19, 2026
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UK borrows more than expected as impact of Iran war takes toll

May figure of £23.3bn underlines challenge facing Andy Burnham if he ends up as Labour leaderBusiness live – latest updatesThe UK borrowed a higher-than-expected £23.3bn in May amid the economic fallout of the Iran war, underlining the fiscal pressures…

June 19, 2026
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Not so empty nesters: record-high number of US adults under 35 live at home, new data says

Data shows that the increase in at-home living stems from high housing costs rather than labor market conditionsA record number of the US’s young adults were living with their parents last year, according to new data from Realtor.com, as high housing c…

June 18, 2026
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Bank of England governor warns UK public to expect higher costs this year

Andrew Bailey says ‘inflationary pressure in pipeline’ despite US and Iran signing initial peace deal as interest rates kept on holdBusiness live – latest updatesThe governor of the Bank of England has warned consumers to expect higher costs this year …

June 18, 2026
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UK unemployment rate falls to 4.9% and wages grow more than expected

Drop will put pressure on Bank of England to raise interest rates despite peace deal in Iran warBusiness live – latest updatesUnemployment fell and wages increased in April, official figures showed, putting pressure on the Bank of England to raise inte…

June 18, 2026
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Rejoining customs union would not fix damage caused by Brexit, research finds

Exclusive: Economists find Brexit caused 12% depression in UK exports, most of which is due to leaving single marketBrexit has depressed UK exports to the EU by 12%, and rejoining the customs union would undo only a fraction of the damage, research sha…

June 18, 2026
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Surprisingly benign UK inflation data signals a softer Iran war hit than feared

War’s impact on UK cost of living more muted than first forecast suggesting fuel price rises have failed to spill out more widely across UK plcUK inflation stays at 2.8% as slowing food prices offset transport costsBusiness live – latest updatesAs soon…

June 17, 2026
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UK inflation in surprise hold at 2.8% as slowing food prices offset transport costs

Flatlining figure confounds forecasts of an increase to 3% as Bank of England prepares to set interest ratesUK inflation unexpectedly remained at 2.8% last month as higher transport and fuel costs were offset by slower food price rises, official figure…

June 17, 2026
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Bank of Japan raises interest rates to 31-year high … of 1%

Country acts amid Iran war inflation pressures, but US Fed and Bank of England expected to hold ratesBusiness live – latest updatesThe Bank of Japan (BoJ) has raised interest rates to a 31-year high as it tries to dampen inflationary pressures created …

June 16, 2026
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RBA interest rates: Bullock says ‘if we need to increase again, we will’ after Reserve Bank holds interest rates

Reserve Bank of Australia decision on Tuesday comes after three consecutive cash rate hikes this yearFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank has warned it is read…

June 16, 2026
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  • French court confirms Moroccan footballer Hakimi to stand trial on rape charge June 19, 2026
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