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Rolling coverage of the latest economic and financial news
The pound has hit its highest level against the US dollar in three months.
Sterling hit $1.3534 early this morning, its.. - source: The Guardian - 24.12.2025
US economy grew strongly in third quarter, GDP report says
GDP rose at an annualized rate of 4.3% over the third quarter, far higher than expected
The US economy surged over the summer, the commerce department announced on Tuesday in one of the.. - source: The Guardian - 23.12.2025
Tesla sales fall across Europe again as BYD surges – business live
Rolling coverage of the latest economic and financial news
Tesla’s sales didn’t fall everywhere last month, though.
The Norwegian market was a bright spot – Tesla’s sales in.. - source: The Guardian - 23.12.2025
Rachel Reeves sets early March date for spring statement as OBR prepares forecast
3 March update aims to give ‘stability and certainty’ after criticism over leaks before November budget
Rachel Reeves has set a date of 3 March for an early spring statement, as Labour.. - source: The Guardian - 22.12.2025
Britain’s economy has been damaged by Brexit. But what should ministers do about it?
The idea of a customs union has gained traction, but agreeing a deal would be far from straightforward
Almost a decade on from the Brexit vote, the verdict is clear. Britain’s immediate.. - source: The Guardian - 22.12.2025
UK consumers saving less as taxes squeeze incomes, data shows
ONS finds households’ savings ratio has dropped to lowest rate for more than a year across third quarter
UK consumers saved less money during the third quarter of the year as higher taxes.. - source: The Guardian - 22.12.2025
Gold and silver hit record highs amid rate-cut bets and Venezuela tensions – business live
Rolling coverage of the latest economic and financial news
Gold was already on track for its best year since 1979, and is up 68% since 1 January.
Some economists have predicted.. - source: The Guardian - 22.12.2025
UK economy entering 2026 amid sharp private sector downturn, says CBI
Business lobby survey finds firms ‘put brakes on key spending decisions’ before autumn budget
Heather Stewart: Four reasons to be cheerful about UK plc in 2026
Wes Streeting urges.. - source: The Guardian - 22.12.2025
Top economists call for halt to Sri Lanka debt repayments after Cyclone Ditwah
Group of 120 experts including Joseph Stiglitz urge fresh debt restructuring plan given scale of destruction
A group of the world’s top economists – including the Nobel prize winner.. - source: The Guardian - 21.12.2025
UK borrowed more than expected in November amid pre-budget pressure
ONS figures show public sector net borrowing was £11.7bn – £1.9bn less than in same month last year
The UK government borrowed more than expected in November, official figures show,.. - source: The Guardian - 19.12.2025
Rolling coverage of the latest economic and financial news
Non-food retailers, such as department stores and clothing shops, bucked the downward trend last monh with a 1% rise in sales.. - source: The Guardian - 19.12.2025
Trump announces $1,776 payment for military workers amid tariff uncertainty
The ‘Warrior Dividend’ comes ahead of a supreme court decision that could force the return of tariff revenue
Donald Trump promised a one-time $1,776 payment for 1.45 million US military.. - source: The Guardian - 18.12.2025
Bank of England expected to announce pre-Christmas interest rate cut today – business live
Rolling coverage of the latest economic and financial news
UK inflation falls sharply to 3.2% amid slowdown in food price rises
Yesterday’s larger-than-expected drop in UK.. - source: The Guardian - 18.12.2025
UK inflation falls by more than expected to 3.2%, adding to case for interest rate cut
Slowing pace of price rises in November makes Bank of England cut to cost of borrowing on Thursday more likely
UK inflation significantly cooled in November to 3.2%, official figures show,.. - source: The Guardian - 17.12.2025
UK inflation slows sharply to 3.2% as food prices ease – business live
Inflation drops to lowest annual rate since March as cakes, biscuits and breakfast cereals become cheaper; ‘interest rate cut certain’ on Thursday
The TUC is calling for a “sequences.. - source: The Guardian - 17.12.2025
Christmas dinner and festive treats up to 70% more expensive, reports Which?
Price of turkey jumps as much as £15 compared with 2024, while chocolate has steepest mark-up
Shoppers are paying up to 70% more for Christmas chocolate treats compared with last year,.. - source: The Guardian - 17.12.2025
Rolling coverage of the latest economic and financial news
Inflation continues to take a large bite out of pay growth.
Using the Consumer Prices Index, annual real regular pay growth.. - source: The Guardian - 16.12.2025
UK and South Korea sign new trade deal aimed at cars, salmon and Guinness
Government says arrangement will bring in extra £400m on top of more than £15bn of existing annual trade with Korea
The UK has signed a new trade deal with South Korea designed to.. - source: The Guardian - 15.12.2025
Rishi Sunak tells Covid inquiry he was worried about UK’s ability to fund itself
Reflecting on chaos of early pandemic, former chancellor said it was ‘acutely stressful’ to see rising interest bill on government bonds
Rishi Sunak was concerned about the UK’s.. - source: The Guardian - 15.12.2025
Brighton’s struggling independent stores: ‘The nation of shopkeepers will go on the dole’
City’s small shops are reaching tipping point amid higher business rates, staff costs and big chains eager to move in
It’s lunchtime at Dormitory, an independent bedlinen store on.. - source: The Guardian - 15.12.2025