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Figures give fuel to claims that profiteering has played a big part in the UK’s high levels of inflationBritish companies have boosted their profitability, according to the latest official figures, insulating themselves against cost pressures and fuell…
Latest jobless rate higher than economists predicted, Bureau of Statistics unemployment figures showFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastAustralia’s employers she…
Proposals said to include forcing large exporters to convert up to 80% of their foreign currency into roublesVladimir Putin is reportedly planning to hold a meeting with Russian policymakers on Wednesday in order to discuss reintroducing some capital c…
Both sides of constitutional debate use Gers data to argue case for and against independenceUK politics live – latest updatesScotland’s public spending deficit has fallen from a record peak last year, as oil and gas revenues reached their highest-ever …
This online tool will help you discover what is contributing to your household’s cost of living increasesInflation has been soaring in the UK, with people being hit by higher prices for everyday essentials, but cost of living pressures are finally star…
Lower energy costs behind drop in annual rate in July, as wage increases finally overtake price risesWhich UK goods and services have changed most in price?Analysis: Bank may be forced to deploy its only weapon againBusiness live – latest updatesThe UK…
Further tough decisions will be needed while the Kremlin continues to spend large sums on its Ukraine invasionProtracted wars are costly and cause economic damage. Ancient Rome discovered that, as did the US in the 1960s when the conflict in Vietnam wa…
Emergency decision is intended to halt slide after currency dropped to weakest point in almost 17 months Russia’s central bank has hiked interest rates by 3.5 percentage points in an emergency move aimed at halting the rouble’s recent slide, after it f…
UK regular pay growth highest since 2001 while unemployment rate rises unexpectedly; rouble recovers afters Bank of Russia raises rates at extraordinary meetingThe statement doesn’t mention the rouble, which dropped to its lowest level in nearly 17 mon…
High spending on war in Ukraine and drop in export revenues put further pressure on Russia’s economyThe rouble has fallen to its weakest point in almost 17 months as a collapse in export revenues and growing military spending increase pressure on Russi…