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‘Not too early to start chilling the champagne,’ says one analyst as traders toast drop in consumer inflation Britain’s blue-chip share index has posted its biggest one-day jump of 2023 after US inflation slowed by more than expected last month.The FTS…
The Reserve Bank governor will soon find out if his term has been extended – but economic hints from major banks tell a happier story than expectedGet our morning and afternoon news emails, free app or daily news podcastPhilip Lowe may yet go down as o…
Fellow hospitality chain Loungers enjoys record sales, with inflationary pressures diminishingThe pub chain JD Wetherspoon has reported soaring sales in recent weeks, as cash-strapped consumers look for cheaper food and drinks amid high inflation and t…
Chancellor thought to have ruled out providing extra cash if PM decides to accept pay review bodies’ recommendations Jeremy Hunt has told ministers there will be no extra money to give millions of public sector workers an average 6% pay rise, potential…
This blog is now closed.PwC admits to another conflict of interest breachGet our morning and afternoon news emails, free app or daily news podcastA student on New South Wales’s Central Coast has died after contracting the influenza virus, just days aft…
From Canberra insiders to an outsider described as ‘borderline brilliant’, here are the runners and riders for the Reserve Bank’s top jobFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or da…
Shoppers snap up barbecue food, swimwear, beach towels, outdoor games and garden furniture in June Britain’s retailers recorded a sharp rise in spending in June as hot weather prompted consumers to buy summer clothing and outdoor goods, despite growing…
Consumers, farmers and even McDonald’s struggle in shortage blamed on irregular weatherListening to the chatter at Delhi’s vegetable markets, only one question is on everyone’s lips: just how much will a tomato cost today?Prices of tomatoes, a staple o…
Chancellor calls on firms to tackle high prices as government remains far from pledge of halving inflation to 5%Jeremy Hunt has said he must “double down” on high prices after admitting a package of pre-election tax cuts this autumn was looking unlikel…
Markets suffer on both sides of Atlantic as Fed signals more rate hikes and recession fears grow in UKGlobal financial markets fell sharply on Thursday as investors braced for central banks driving interest rates up further to combat high inflation acr…