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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…
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…
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 …
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…
G7 told ‘we will stand with Ukraine for as long as it takes’, with Russia’s finance networks and shadow fleet targetedKeir Starmer has vowed to “choke off” Russian revenue with further sanctions and to provide hundreds of millions of pounds worth of en…
Markets welcome US-Iran peace deal but prices may stay high as buyers race to refill depleted emergency crude stockpilesOil prices hit three-month low and markets rallyBusiness live – latest updatesAfter more than 100 days of the greatest recorded disr…
Federal Reserve to make first decision under Kevin Warsh as Middle East hopes ease inflation pressuresBusiness live – latest updatesCentral banks in the US and UK are expected to leave interest rates on hold this week as the peace deal in the Middle Ea…
The Standard of Living by James Graham traces economist’s influence on British politics and cultureUK politics live – latest updatesAfter exploring the rise of Rupert Murdoch and the emergence of Gareth Southgate’s England team, James Graham has turned…
US president left last meeting early, but world leaders aim to end Ukraine war and push for resolution in Gaza and IranEmmanuel Macron, the host of the G7 summit in Évian-les-Bains, has framed an agenda to make it as palatable as possible to his guest …
Consumer sentiment still remains at historically low levels amid Iran war and rising inflation, new survey showsEasing gas prices are making Americans feel better about their personal finances and the economy in June, but consumer sentiment remains at …