Money
Bank of England raises rates to 4% as Middle East conflict drives inflation
The Bank of England has raised interest rates for the first time in over three years, citing rising inflation driven by the conflict in the Middle East.
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Money
Bank of England to raise rates to 4% for first time in three years
Analysts expect the Bank of England to lift the base rate to 4% amid rising fuel costs, impacting millions of borrowers.
Money
Fed holds rates steady in 10-2 split as Warsh denies political influence
The Federal Reserve paused rate hikes with a 10-2 vote, as Chair Kevin Warsh insisted politics didn't sway the decision.
Money
UK businesses in record distress ahead of Budget
Over 738,000 UK businesses in significant financial distress, the highest level since 2004, as the chancellor prepares his first Budget amid rising costs and…
Money
State pension to hit £13k a year in April 2027
Over 13 million UK pensioners to get a £489 annual boost from April 2027, pushing the full New State Pension above £13,000 for the first time.
Money
UK inflation hits 3.5% as diesel tops £2 a litre
UK inflation rose to 3.5% in September, driven by soaring fuel costs and Middle East conflict, raising pressure on the Bank of England.
Money
US Economy's Growth and Inflation Under Trump
Trump claims the US economy is 'the hottest in the world', but data reveals rising inflation, unequal gains, and a shrinking workforce.
Money
UK Economy Surges 0.1% in August Despite Spending Drop
UK economy grows 0.1% in August despite falling consumer spending, boosting hopes ahead of chancellor’s 28 October budget [1]
Money
UK growth beats forecasts, but inflation hits harder than expected
IMF predicts stronger UK growth this year, but households face steeper inflation than previously thought [1].
Money
IFS warns Healey's Budget at risk from global conflicts
Global conflicts are pushing UK inflation higher, threatening Chancellor Healey’s Budget plans and forcing tough fiscal choices.
