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July 26, 2025

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Economics

IMF clings to a hopeful agenda as crisis follows crisis

At the fund’s annual meeting this week in Morocco, ambitions for climate and debt relief may be overwhelmed by events – againLast week’s turmoil in the global bond markets will be playing on the minds of finance ministers and central bank governors whe…

October 8, 2023
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Firms will hesitate to invest in UK after Sunak’s climate U-turns, says Mark Carney

Former Bank of England governor says businesses prioritise countries with clean power and consistent strategiesUK politics live – latest news updatesRishi Sunak watering down the UK’s climate commitments has damaged Britain’s position on the world stag…

October 5, 2023
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Supply shortages and mortgage rate rises push UK rents to highest point ever

Average rental property receives three times more enquiries from prospective tenants than in 2019Business live – latest updatesPrivate home rents in Great Britain have increased to their highest point on record after shortages in supply and mortgage ra…

October 5, 2023
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Bond market sell-off sends UK long-term borrowing cost to 25-year high

Rate tops level last seen after Liz Truss mini-budget as fears of global inflation and US political instability spook marketsBusiness live – latest updatesBritain’s long-term cost of borrowing has hit its highest level since 1998, as political instabil…

October 4, 2023
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Tories uneasy at lack of ambition from Sunak and Hunt at conference

MPs express bafflement PM has resolved to do so little since ‘steadying ship’ after Truss’s disastrous tenureIt seems extraordinary to many Conservative MPs that a debate over their party’s economic direction of travel rages on almost one year after Li…

October 4, 2023
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Greggs keeps prices on hold as sales leap and it opens new shops

Britain’s biggest bakery chain says cost inflation is easing, although staff costs are risingBusiness live – latest updatesGreggs, Britain’s biggest bakery chain, said it had no plans to raise its prices before Christmas after its cost inflation eased,…

October 3, 2023
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UK food prices fall in September for first time in two years, figures show

Average food basket down by 0.1% amid fierce supermarket competition, says the British Retail ConsortiumFood prices dropped in the UK in September for the first month in almost two years, according to retail industry figures, offering consumers some re…

October 3, 2023
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Rishi Sunak’s Commons majority in peril as 60 Tories join Liz Truss group

Growth Group now same size as government’s majority, as it urges PM to cut taxes and resume frackingUK politics live – latest updatesSixty Conservative MPs have joined Liz Truss’s Growth Group, imperilling the government’s majority in parliament, as Ri…

October 2, 2023
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UK house prices drop 5.3% with falls in every region, says Nationwide

High interest rates blamed for year-on-year fall with price of average home £14,500 lower than September 2022.UK house prices fell by 5.3% in the year to September, with drops in price in every region of the country as rising interest rates squeeze the…

October 2, 2023
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UK admits extra £330m a year in charges for post-Brexit animal and plant imports

Labour’s Stella Creasy elicits confirmation of higher charges to firms which some say risk further fuelling food inflationThe government has admitted it will cost businesses £330m each year in additional charges when new post-Brexit border controls on …

October 1, 2023
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