Economy

Economy

Most Americans view rising living costs as biggest barrier to a better life, survey finds

When asked to detail what would make a better life in three to five years, 60% of US adults said greater financial security Americans may seem increasingly divided on beliefs and values, but in a new survey of more than 30,000 adults from across the country sp

The Guardian18h ago
Economy

Healey urged to be bold on borrowing in first test of Burnham’s growth pledge

Some want the chancellor to exploit newly flexible fiscal rules – others want a more creative approach, such as borrowing from markets With just 12 weeks to go until his first budget, new chancellor John Healey is seeking ways to ramp up public investment, wit

The Guardian23h ago
Economy

US refunds $100bn of Donald Trump’s ‘liberation day’ tariffs

More than half of tariff income refunded after supreme court ruled Trump’s levies were illegal Business live – latest updates The Trump administration has refunded about $100bn from the tariffs it collected before the US supreme court ruled them illegal, accor

The Guardian2d ago
Economy

Bank battle: history suggests Burnham faces fight if he opts for windfall tax

As lenders’ profits soar, calls grow for a levy to help new PM ease cost of living pressures on households It has been a stellar week for UK banks. Fuelled by high interest rates and market turbulence rippling out from the US war on Iran, major lenders have re

The Guardian2d ago
Economy

Trump Fed chair’s inflation strategy: leave it to the market | Eduardo Porter

Kevin Warsh would rather stay out of the fray – and thus devalue the Fed’s credibility as an economic steward It must feel strange to argue that government action is inevitably counter-productive – illegitimate even – when the government is you. For the last h

The Guardian3d ago
Economy

Oil prices plunge and Europe’s markets rally after Trump calls off Iran strikes

Brent crude drops by 5% after US president claimed talks on Middle East peace deal would resume Crude oil prices fell sharply while stocks and government bonds rallied on Monday after Donald Trump cancelled planned strikes on Iran and claimed peace talks were

The Guardian4d ago
Economy

UK manufacturing growth picks up as Trump tariff chaos eases

Factories in upbeat mood despite fears over economic impact of US war on Iran, poll finds UK manufacturers ramped up production last month for the fourth consecutive month and at the fastest pace in almost two years, according to a leading survey of the indust

The Guardian4d ago
Economy

Yen hits three-month high after Trump helps prop up currency

US and Japanese governments confirm they carried out a rare joint intervention late last week Why has Trump stepped in to prop up Japan’s currency? Business live – latest updates The yen has hit its highest level in three months after Japan and the US launched

The Guardian4d ago
Economy

Trump’s hypocritical new tariffs are a chance for the world to fight back | Joseph Stiglitz

The president’s pretext of stopping forced labour is only a ruse – he is trying to grab a share of global trade for the US Here he goes again. The US President, Donald Trump, is increasing and decreasing tariffs willy-nilly, violating international agreements

The Guardian4d ago
Economy

ECB official warns climate crisis poses growing threat to ‘core financial stability’

Exclusive: As wildfires rage, Frank Elderson says more work needed to assess risk from collapse of ecosystem services A senior policymaker at the European Central Bank has said the climate emergency and the breakdown of nature poses a dramatically growing risk

The Guardian6d ago
Economy

Bank holds interest rates but says it is ready to raise them if Iran war escalates

The Bank also expects the economy to grow more than previously forecast this year, although uncertainties remain because of the Iran war.

BBC News30 Jul
Economy

Bank of England holds interest rates at 3.75% as inflation fears mount

Split vote comes as Iran war is rekindled and oil price climbs close to $90 a barrel Business live – latest updates Only Middle East crisis is preventing drop in UK interest rates The Bank of England has kept UK interest rates on hold as it warned that a furth

The Guardian30 Jul
Economy

US economic growth sees surprise slowdown in second quarter

The economy grew at an annual rate of 1.5% in the three months to June, down from 2.1% seen in the previous quarter.

BBC News30 Jul
Economy

Bank of England holds interest rates despite Iran war inflation threat - as it happened

Live, rolling coverage of business, economics and financial markets as three members of monetary policy committee vote to raise rates That German GDP reading has indeed contributed to the wider eurozone hitting expectations – and then some. The eurozone econom

The Guardian30 Jul
Economy

US economy grows sluggish 1.5% in second quarter as inflation tops Fed target

Consumer spending remained resilient even as policymakers kept interest rates on hold The US economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth. But consumer spending rose. And the Federal Reserve ’s favored me

The Guardian30 Jul
Economy

Only the Middle East crisis is preventing a drop in UK interest rates

Bank’s wariness about inflationary pressures from the conflict lie behind decision to hold steady at 3.75% Business live – latest updates There is a threat of high inflation coming to the UK but only from the conflict in the Middle East, which could keep oil p

The Guardian30 Jul
Economy

What's happening to UK interest rates and what does it mean for mortgages?

The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.

BBC News30 Jul
Economy

US borrowing costs hit 19-year high as Fed holds interest rates

Bank’s chair pledges to keep up fight against inflation but decision brings fears of a failure to keep pace Business live – latest updates US government borrowing costs have hit their highest level since 2007 after the Federal Reserve voted to hold its key int

The Guardian30 Jul
Economy

'No magic wand' to tackle high prices, Fed boss says as US interest rates held

The Federal Reserve's decision, which was broadly expected, means rates remain between the 3.5% and 3.75%.

BBC News29 Jul
Economy

What happens here has a big impact on your money

BBC business reporter Dearbail Jordan explains how it works from inside the Bank of England.

BBC News29 Jul
Economy

UK faces ‘very difficult trade-offs’ in budget because of Iran war, say analysts

Leading thinktank says higher oil prices and inflation will give Andy Burnham a ‘challenging inheritance’ Andy Burnham has been warned by a leading thinktank of “very difficult trade-offs in the next autumn budget” if the Iran war keeps oil prices and inflatio

The Guardian28 Jul
Economy

Marmite and Dove owner Unilever warns of price rises due to growing costs

Consumer goods group reports strong sales growth, owing in part to World Cup marketing campaigns Business live – latest updates Unilever has warned it will push through further price rises over the coming months, as the Marmite, Dove and Hellmann’s owner tries

The Guardian28 Jul
Economy

Oil prices fall as US pauses strikes on Iran over strait of Hormuz

Brent crude drops 9% to below $88 a barrel, prompting UK government bond yields to fall Oil prices have dropped sharply as traders bet that a pause in US attacks on Iran could prevent an escalation in the conflict that would further restrict global supply. Bre

The Guardian27 Jul
Economy

Would you choose £50,000 over the chance of £1m?

The vast majority of people - particularly women - answer a survey saying they'd take the certainty over chance.

BBC News26 Jul
Economy

Rising oil prices could force up UK interest rates, say economists

Bank of England expected to keep rates on hold on Thursday but renewed Iran conflict casts shadow over energy costs The Bank of England could be forced to tear up its economic forecasts and raise interest rates later this year if oil prices return to above $10

The Guardian26 Jul
Economy

Gary Stevenson to quit YouTube channel, citing health concerns

Former City trader’s weekly Gary’s Economics videos took off during the Covid pandemic The City trader turned wealth tax campaigner Gary Stevenson has announced he is quitting the YouTube channel that made his name, citing health concerns. His announcement, in

The Guardian26 Jul
Economy

What does an Andy Burnham-led government mean for your money?

The new PM says he will look at how much people can earn before paying tax but there will be no change yet.

BBC News22 Jul
Economy

What is happening to UK prices?

UK inflation dropped slightly in June 2026, but higher energy costs are expected to push it back up.

BBC News22 Jul
Economy

How much money does the UK government borrow, and why does it matter?

The UK government borrows to fund day-to-day spending as well as long-term infrastructure projects.

BBC News21 Jul
Economy

UK borrows less than expected in June but public finances remain a challenge

Public finances for last month were better than expected but the UK is carrying major debt.

BBC News21 Jul
Economy

Jobs, borrowing and taxes: Andy Burnham's economic challenges

The person in charge of the country will change but the financial challenges remain the same.

BBC News20 Jul
Economy

Business Daily

China's economy slows, New York targets AI centres, and the ‘king of fruits’ giveaway

BBC News16 Jul
Economy

Chip giant TSMC pledges another $100bn to expand US production

The company says it will create "high-tech, high-paying jobs", and raises its total commitment to the US to $265bn.

BBC News16 Jul
Economy

What's happening to the UK economy and how does it affect you?

The rate of UK economic growth affects things like pay increases and the amount of tax raised.

BBC News16 Jul
Economy

UK economy returns to growth in May

The modest growth reverses a slight contraction that had been seen the previous month.

BBC News16 Jul
Economy

Gas prices drive down US inflation - but will it last?

While the US inflation rate fell in June, concerns remain over price rises increasing again due to the renewed conflict in the Middle East.

BBC News14 Jul
Free newsletter

Never miss a headline

The biggest stories in business and finance, delivered to your inbox. Join thousands of readers — unsubscribe any time.