UK economy
Business faces £42bn debt crisis after end of ultra-low rates
Business
It came as economists at Europe’s second-largest bank, BNP Paribas, warned that inflation will be higher and “bumpier” in the years to ...
Labour grapples with plans for a British wealth fund – without the wealth
Business
Top bosses from Aviva, Equitix and Brunel Pensions are also involved, giving an indication of the type of institutional investors Labour is ...
Pound surges as summer rate cut hopes vanish
Business
Thanks for joining me. We begin the day with the announcement of an impending fall in energy bills. The Ofgem price cap ...
Bank of England will cut interest rates in August, says Goldman Sachs
Business
Thanks for joining me. We begin the day with the economic news that has been keenly anticipated by mortgage holders and the ...
Gold surges to record after Iran’s president killed in crash
Business
Thanks for joining me. The price of gold has hit a new record high after Iran’s president was killed in a helicopter ...
‘Socialistic’ London has lost its mojo, says Wizz Air boss
Business
It makes the prospect of Mr Váradi receiving his £100m bonus, first promised in 2021, faint. Under the terms of the deal, the ...
The radical new Dutch government is the canary in the EU coal mine
World
Electric car subsidies will be scrapped, while heat pumps will no longer be mandatory. “Red diesel” will be brought back for farmers, ...
Energy bills to fall to lowest level in two years
Business
Thanks for joining me. We begin the day with figures showing retail sales unexpectedly slowed in China as and the property sector ...
Strong wage growth hits hopes of interest rate cut
Business
Thanks for joining me. Average wages have grown faster than expected in a blow to hopes for interest rate cuts in June. ...
Exploitation and immigration fraud is fuelling Britain’s black economy
Business
If we discovered a business leader had amassed their fortune not only by making a tidy profit on the goods or services ...