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September 1, 2025

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Economics

Australia well served by RBA inflation band but monetary policy impact may now be ‘exhausted’, ex-governors say

Fears in 2010s of supercharged asset prices influenced RBA’s decision to not cut cash rate to zero, says former governor Glenn Stevens in interview with bank’s historianGet our breaking news email, free app or daily news podcastAustralians are obsessed…

September 1, 2025
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Australia well served by RBA inflation band but monetary policy impact may now be ‘exhausted’, ex-governors say

Fears in 2010s of supercharged asset prices influenced RBA’s decision to not cut cash rate to zero, says former governor Glenn Stevens in interview with bank’s historianGet our breaking news email, free app or daily news podcastAustralians are obsessed…

September 1, 2025
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Spirit Airlines files for bankruptcy protection for second time in a year

Low-cost carrier experiences dwindling cash and mounting losses as recovery further hit by Trump tariffs US no-frills pioneer Spirit Airlines filed for fresh chapter 11 bankruptcy protection on Friday, as dwindling cash and mounting losses derailed its…

August 29, 2025
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Starmer names former Bank of England deputy governor as his chief economic adviser

Appointment of Nemat “Minouche” Shafik announced after series of economic missteps by Downing StreetBusiness live – latest updatesThe former Bank of England deputy governor Nemat “Minouche” Shafik is set to join Keir Starmer’s team as chief economic ad…

August 29, 2025
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US appeals court rules most of Trump’s sweeping global tariffs illegal – as it happened

This blog is now closed. Read the full story hereA visit to Taiwan by two US senators has drawn criticism from China, which claims the island as its own and objects to any contact between officials of the two sides.The chair of the Senate armed service…

August 29, 2025
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Pre-budget lift for Rachel Reeves as UK business confidence rises

Despite concerns about economy, poll shows optimism about trading prospects at highest level since 2014Business live – latest updatesConfidence among UK businesses has grown despite anxiety about the state of the economy, in a rare slice of positive ne…

August 29, 2025
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Treasury ‘considering taxing landlords’ rent’ to raise £2bn

Proposals for autumn budget would mean expanding national insurance to include rental incomeProperty tax threat ‘is slowing down housing market’The Treasury is reportedly considering a tax on landlords that will target income from rents in the autumn b…

August 28, 2025
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France on the brink: how a budget deficit became a political crisis

With the government facing defeat in a confidence vote, the nation’s economic problems will still need to tackledFrance is stuck in economic limbo, without a budget and soon, possibly, without a government. The prime minister, François Bayrou, has call…

August 27, 2025
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Half of UK adults worry that AI will take or alter their job, poll finds

The TUC calls for a new approach to technology and greater input from workers on how it is deployedHalf of adults in the UK are concerned about the impact of artificial intelligence on their job, according to a poll, as union leaders call for a “step …

August 27, 2025
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More pain for Reeves as government borrowing jumps to 26-year high

Chancellor is urged to ‘get a grip’ on the nation’s finances as yield on 30-year bond rises to 5.62% The cost of UK government borrowing has jumped to near a 27-year high, piling pressure on Rachel Reeves to reveal how she will tackle the deficit in th…

August 26, 2025
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