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What could US-Iran peace deal mean for UK household costs?
The impact on petrol and food prices, energy bills and mortgages if the truce holds and strait of Hormuz reopens
Around the world, markets reacted with relief this week to news that Donald.. - source: The Guardian - 19.06.2026
KPMG leaked confidential Optus information and surveilled whistleblower’s laptop, inquiry hears
International firm owns up to breach of ethics after staff leaked confidential Optus information while bidding for telco contract
KPMG has admitted to another breach of ethics after its.. - source: The Guardian - 19.06.2026
UK borrowing surges over forecasts in May as government spending rises – business live
Rolling coverage of the latest economic and financial news
Emeritus professor Joe Nellis, economic adviser at MHA, warns that the UK public finances are “not in comfortable territory”,.. - source: The Guardian - 19.06.2026
UK vacancies fall to lowest for five years as wages grow faster than expected
Employers wary of hiring permanent staff but unemployment eased to 4.9% in the three months to April
The number of UK job vacancies fell to its lowest level for five years as businesses cut.. - source: The Guardian - 18.06.2026
Bank of England governor warns UK public to expect higher costs this year
Andrew Bailey says ‘inflationary pressure in pipeline’ despite US and Iran signing initial peace deal as interest rates kept on hold
The governor of the Bank of England has warned.. - source: The Guardian - 18.06.2026
Not so empty nesters: record-high number of US adults under 35 live at home, new data says
Data shows that the increase in at-home living stems from high housing costs rather than labor market conditions
A record number of the US’s young adults were living with their parents.. - source: The Guardian - 18.06.2026
‘Mega-consumers’ of food and energy cost environment $5.7tn a year, study finds
Top 10% generate climate and biodiversity damage bill that exceeds economies of most countries, say researchers
The environmental damage bill racked up by the highest-consuming 10% of the.. - source: The Guardian - 18.06.2026
Bank of England expected to leave interest rates on hold; UK unemployment falls – business live
Rolling coverage of the latest economic and financial news
UK wage growth was stronger than expected in the three months to April, this morning’s labour market data shows.
Basic pay.. - source: The Guardian - 18.06.2026
Rejoining customs union would not fix damage caused by Brexit, research finds
Exclusive: Economists find Brexit caused 12% depression in UK exports, most of which is due to leaving single market
Brexit has depressed UK exports to the EU by 12%, and rejoining the.. - source: The Guardian - 18.06.2026
Surprisingly benign UK inflation data signals a softer Iran war hit than feared
Impact of war on UK cost of living more muted than first forecast suggesting fuel price rises have failed to spill out more widely across UK plc
UK inflation stays at 2.8% as slowing food.. - source: The Guardian - 17.06.2026
UK inflation unexpectedly stays at 2.8% as food price falls offset transport costs
Flatlining figure confounds forecasts of an increase to 3% as Bank of England prepares to set interest rates
UK inflation unexpectedly remained at 2.8% last month as higher transport.. - source: The Guardian - 17.06.2026
Food prices rose at the slowest rate since December 2024 with declines in inflation for meat, cheese, vegetables and cheese
Meat (particularly beef and cooked ham), dairy (particularly.. - source: The Guardian - 17.06.2026
Is it bad that Elon Musk has a trillion dollars? Yes, and here’s why
Just as the ‘poverty line’ determines what’s required for basic living, we need a ‘wealth line’ to show when extreme wealth becomes harmful
It was bound to happen.. - source: The Guardian - 17.06.2026
US small business owners: how are you operating in the current economic climate?
We would like to hear from small business owners in the US about how they’re adapting to challenges such as inflation
An index of US small business optimism reportedly fell in May to the.. - source: The Guardian - 16.06.2026
Rolling coverage of the latest economic and financial news
The BoJ’s interest rate hike didn’t prevent Japan’s Nikkei share index from hitting a fresh record high.
The Nikkei.. - source: The Guardian - 16.06.2026
US and UK central banks expected to keep interest rates on hold amid Iran peace deal
Federal Reserve to make first decision under Kevin Warsh as Middle East hopes ease inflation pressures
Central banks in the US and UK are expected to leave interest rates on hold this week.. - source: The Guardian - 15.06.2026
Starmer vows new sanctions on Russia and nuclear energy support for Ukraine
G7 told ‘we will stand with Ukraine for as long as it takes’, with Russia’s finance networks and shadow fleet targeted
Keir Starmer has vowed to “choke off” Russian revenue with.. - source: The Guardian - 16.06.2026
Oil and gas unlikely to return to prewar prices for months even if Hormuz reopens
Markets welcome US-Iran peace deal but prices may stay high as buyers race to refill depleted emergency crude stockpiles
Oil prices hit three-month low and markets rally
After more.. - source: The Guardian - 15.06.2026
EU trade deficit with China reaches record €1bn a day, data shows
Import and export figures come as European leaders prepare to meet this week to address growing imbalance
The EU’s trade deficit with China has reached a record €1bn (£0.8bn) a day,.. - source: The Guardian - 15.06.2026
From Bloomsbury to Whitehall: new play reimagines life of John Maynard Keynes
The Standard of Living by James Graham traces economist’s influence on British politics and culture
After exploring the rise of Rupert Murdoch and the emergence of Gareth Southgate’s.. - source: The Guardian - 15.06.2026