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Speculation of further 0.25-point increase in rates after speech by Bank of England governor to IMFLive business newsThe governor of the Bank of England, Andrew Bailey, has played down the risks of a system-wide banking crisis, paving the way for furth…
Monthly consumer price index shows US prices increased at a lower rate in March, though core inflation remains steadyUS prices increased 5% over the last year, the lowest inflation has been since 2021, when prices started to climb.The monthly consumer …
International Monetary Fund forecast echoes predictions from Treasury and RBA and warns ‘ominous forces’ may be behind global economic strainsFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app …
The walkout by junior doctors, who form the backbone of hospital and clinic care in the National Health Service, is due to last until 7 a.m. on Saturday.
Traditional roast lamb will also make a bigger dent this year as lamb and goat prices climb by 9.4%The cost of Easter has soared by nearly a quarter compared with last year, as inflation hits popular items including chocolate eggs and hot cross buns, a…
Warning for year ahead comes as profits fall 11% at grocery arm but remain steady across rest of groupThe Co-operative Group has warned its profits are likely to fall in the year ahead as the food to funerals group expects the “turbulent economic headw…
MPC member Silvana Tenreyro expects such a move ‘to avoid significant inflation undershoot’The Bank of England may need to cut interest rates earlier and faster as the impact from previous increases drags down the economy and pulls back inflation, one …
This blog is now closed.RBA hits pause on offical interest rate at 3.6% but says further rises may be neededGet our morning and afternoon news emails, free app or daily news podcastAustralia’s new high commissioner to the UK, Stephen Smith, says becomi…
KPMG study shows scale of household spending cutbacks, with eating out hit particularly hardMore than half of UK consumers have cut back on discretional spending since the start of the year, with nearly two-thirds choosing to reduce the amount they spe…
Annual rate down to 6.9% this month, with signs of cost of living pressures easingThe eurozone’s annual inflation rate fell sharply in March as plunging energy prices eased pressure on the cost of living across the 20 countries that use the single curr…