Markets

Markets

Air traffic control failure disrupts flights in Scotland, Northern Ireland and northern England – business live

National Air Traffic Services says it is investigating a ‘technical issue’ at its Prestwick centre in Scotland An air traffic control failure has caused delays to flights at Manchester Airport, about two weeks after a software glitch caused widespread flight c

The Guardian12m ago
Markets

All the signs say another financial crisis is coming. Here’s why we need to prepare for it now | Larry Elliott

War, AI disruption and markets in turmoil: the warnings are all there. But lessons from the 2008 crash could help us Continue reading...

The Guardian2h ago
Markets

AI slowdown calls justified but collapse of bubble may be more immediate threat | Heather Stewart

Scale of debt issuance being used to fund the hectic pace of the datacentre rollout by tech firms is a worry Warnings about powerful and uncontrolled AI have dominated the headlines this past week. But even amid the omens of apocalypse , it is still worth aski

The Guardian23h ago
Markets

Are global stock markets heading for a crash?

Economies thrown into renewed turmoil as AI debt, Iran war and soaring government bond yields fuel alarm At the height of the summer, the mood was optimistic in the world’s financial capitals. Powered by the AI revolution , the US stock market had rallied to a

The Guardian1d ago
Markets

Software defect blamed for UK air traffic control chaos; FTSE 100’s worst day since July; Volkswagen cuts outlook – as it happened

Rolling coverage of the latest economic and financial news UK airport disruption: what are your rights if you have been affected? Britons are increasingly worried about the climate emergency, and job security. New data from the Office for National Statistics s

The Guardian3d ago
Markets

UK government borrowing costs fall as Bank of England outlines new bond-selling plan – as it happened

BoE lays out proposal to sell UK bonds back to the government, and wind up the asset purchase scheme launched after the GFC Bank of England urged to slow or halt bond-selling to slash UK borrowing costs The Guardian view on the Bank of England’s £120bn bill: p

The Guardian4d ago
Markets

UK rents accelerate as London house prices fall, and inflation rises to 3.1% – as it happened

Soaring motor fuel costs have pushed UK inflation to a five-month high in August Full story: UK inflation rises to 3.1% as motor fuel prices jump by almost a quarter Worryingly, the cost of goods produced by UK factories rose at a faster rate in August too. Pr

The Guardian5d ago
Markets

Pensioners are ‘big winners’ with triple-lock set to rise by 3.9%, lifting state pension to £13,000 – as it happened

Wage growth – used to set triple-lock pension – slows to 3.9%, meaning state pension should hit £13,000 next year ‘Costing billions’: is the pensions triple lock a lifeline or simply unaffordable? If the state pension rises to £13,000 next year, it will probab

The Guardian6d ago
Markets

AI-linked stocks slide after tech bosses call for slowdown in ‘reckless’ development

Donald Trump dismisses attempts to increase controls on artificial intelligence as ‘sick conspiracy’ AI -linked stocks tumbled on Monday after the bosses of Anthropic, OpenAI and SpaceX called for a slowdown in AI “reckless” development , citing fears the tech

The Guardian6d ago
Markets

UK government moves to acquire Speciality Steel UK; AI stocks hit by calls for slowdown – as it happened

Rolling coverage of the latest economic and financial news AI-linked stocks fall after tech bosses call for slowdown in ‘reckless’ development AI CEOs say they need to slow the pace of development. But will they? The Guardian view on controlling AI: humanity c

The Guardian14 Sept
Markets

Africa’s richest man aiming to make $23bn from continent’s biggest-ever IPO

Public offering of Aliko Dangote’s Nigerian oil refinery business could swell his net wealth by two-thirds The fortune of Africa’s richest person could swell by two thirds to nearly $60bn (£44bn) after his refinery in Nigeria listed publicly in the continent’s

The Guardian14 Sept
Markets

Surging inflation puts interest rates back in focus as policymakers meet in Japan, US and UK

Iran war and turbulent global bond markets add to pressure as rate decisions loom this week in major western economies Economics viewpoint: perilous UK economic conditions trace back to Trump Central bankers in economies including the US, Japan and the UK will

The Guardian13 Sept
Markets

The perilous economic conditions facing the UK can be traced back to Trump | Richard Partington

As John Healey drafts his autumn budget, the US president’s policies continue to inflate debt servicing costs Britain is not entirely in control of its own destiny, from the rising cost of the weekly shop, to the vaulting cost of government borrowing. What is

The Guardian13 Sept
Markets

Gasoline prices drive up US monthly inflation; four UK interest rate hikes expected by next summer – as it happened

US monthly inflation rate rises to 0.4% in August, though annual rate unchanged at 3.4% and core inflation dips a little UK economy unexpectedly grows 0.4% in July boosted by AI Digging into today’s GDP report a little, we can see that the UK services sector h

The Guardian11 Sept
Markets

Ryanair boss says airline will dispute account of passenger who said they were partially sucked out of window – as it happened

Ljubisa Karović suffered neck and shoulder injuries after the window broke during the flight Ryanair will dispute passenger’s claim he was sucked out of window Ryanair boss Michael O’Leary said that the airline will be “disputing” that any part of a passenger’

The Guardian10 Sept
Markets

Air traffic control boss has one week to deliver investigation into glitch, No 10 says, as UK flight cancellations top 2,000 – as it happened

Transport secretary does not think Nats incident was ‘unavoidable’; technical issue at Nats resolved but flights to and from UK airports still disrupted Tell us: how have you been affected by UK air traffic disruption? Oil prices rise above $100 a barrel for f

The Guardian9 Sept
Markets

More than 600 UK flights cancelled after air traffic control ‘technical issue’ – as it happened

National Air Traffic Services apologise for technical issue disrupting departures today, which Flightradar24 say has caused hundreds of cancellations Air traffic control issue causes flight delays and disruption across UK Gas prices are rising this morning, pu

The Guardian8 Sept
Markets

Trump’s approval rating is plummeting – as his fortune grows and grows | Arwa Mahdawi

The US president says criticising his soaring investment portfolio is ‘very unfair’. Tell that to the millions of Americans struggling with the cost of living If I had a dollar for every time Donald Trump said something inane, I would be a very rich woman. But

The Guardian8 Sept
Markets

Jaguar Land Rover job cuts: £500,000 package to help workers facing threat of redundancy – as it happened

Rolling coverage of the latest economic and financial news, as JLR plans to cut almost one in 10 workers UK house prices fall for first time in nearly three years, says Lloyds The rise in mortgage rates could cool demand in the UK housing market, where ( as re

The Guardian7 Sept
Markets

China prepares £40bn stimulus for financial sector amid fears over sluggish growth

Beijing wants banks and insurers to bolster investment in stock market as it helps to replenish cash reserves China will inject $54bn (£40bn) into its financial sector as Beijing attempts to shore up banks and insurers in the face of faltering economic growth.

The Guardian6 Sept
Free newsletter

Never miss a headline

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