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UK pay growth slows as Iran war prompts cost of living squeeze
Unemployment rate remained at 4.9% in the three months to the end of June, ONS figures show
Wage growth in the UK slowed in June as workers come under pressure from a renewed cost of living.. - source: The Guardian - 18.08.2026
Brent crude climbs above $91 a barrel
Good morning, and welcome to our rolling coverage of the global economy, the financial markets, the eurozone and business.
Oil prices have.. - source: The Guardian - 18.08.2026
Top economists urge Burnham to sign UK up to UN initiative on global inequality
Open letter signed by 40 academics including Nobel winner Joseph Stiglitz and Kate Pickett, co-author of The Spirit Level
Forty prominent progressive academics are urging Andy Burnham’s.. - source: The Guardian - 18.08.2026
China’s economy showing signs that slowdown may be extending
Industrial output and retail sales slump in July after one of the country’s weakest quarterly growth rates ever
China’s economy is showing signs of extending a slowdown with a slump in.. - source: The Guardian - 17.08.2026
Leading economies’ borrowing costs hit highest since 2008 crisis
Concern over impact of Iran war pushes up government bond yields in US, UK, France, Germany and Japan
Government borrowing costs in several advanced economies hit their highest level since.. - source: The Guardian - 17.08.2026
Summer jobs bounce back in UK thanks to busy calendar of sport and music
Industry tracker finds ‘exceptionally warm weather’ has helped boost job listings in hospitality and tourism sector
The summer job has staged a comeback this year thanks to the hot.. - source: The Guardian - 17.08.2026
Interest rate dilemma for central banks as inflation rises but growth slows
The Federal Reserve, the ECB and the Bank of England appear unclear on how to tackle inflation amid the Iran war
New UK cost of living crisis looms as rising energy bills lift.. - source: The Guardian - 16.08.2026
From tourism to power generation and productivity, Europe feels economic cost of heatwaves
Low river levels have stalled German freight traffic and forced closure of nuclear plants in France
Across Europe this scorching summer, workers have struggled in the heat as wildfires.. - source: The Guardian - 16.08.2026
New UK cost of living crisis looms with soaring energy bills forecast to lift inflation
Latest reading on Wednesday likely to frame scale of challenge for new PM to ease pressures on households amid Iran war fallout
British households are facing a renewed cost of living.. - source: The Guardian - 16.08.2026
Donald Trump doesn’t just love billionaires, he loves multimillionaires too
US tax policy deprives the government of revenue and overwhelmingly serves the interests of the rich
After the House passed its version of Donald Trump’s One Big Beautiful Bill Act.. - source: The Guardian - 15.08.2026
US long-term borrowing costs hit 25-year high, as inflation fears hit bond sale – business live
Rolling coverage of the latest and economic news, as US sells 30-year bonds at highest borrowing costs since 2001
Gennadiy Goldberg, head of US rates strategy at TD Securities, agrees that.. - source: The Guardian - 14.08.2026
UK economic growth slows down as Iran war pushes up energy prices
GDP expanded by 0.4% in three months to June, down from 0.6% in the first quarter, says ONS
Economic growth slowed in the second quarter of the year, as the disruption unleashed by the Iran.. - source: The Guardian - 13.08.2026
Live, rolling coverage of business, economics and financial markets as GDP rises in June despite Iran war after stagnating in May
Good morning, and welcome to our live, rolling coverage of.. - source: The Guardian - 13.08.2026
Premier of the People’s Republic of China regarded as an economic reformer who declared that the country had become ‘the factory of the world’
Zhu Rongji, who has died aged 97, was.. - source: The Guardian - 12.08.2026
Panama canal fees soar due to Iran war and El Niño as ship ‘pays $4m to jump queue’
Falling water levels linked to weather system are expected to limit number of slots to transit shipping lane
Commercial ships travelling through the Panama canal are facing a rise in costs.. - source: The Guardian - 12.08.2026
US credit card debt climbs to $1.26tn, nearing last year’s record high
Mortgage and student loan balances saw ‘small decline’ with increases elsewhere, says post alongside Fed report
Credit card debt in the United States is growing close to a record high,.. - source: The Guardian - 12.08.2026
US inflation cooled slightly to 3.4% in July, according to latest data
Energy is cheaper than at its peak in late April, but gas is still nearly $1 a gallon more expensive than before the Iran war
US consumer prices cooled slightly in July as the annualized.. - source: The Guardian - 12.08.2026
Oil prices climb as Iran talks hit new impasse; Tui hit by high fuel costs – business live
Brent crude prices hover near $90 per barrel, as fallout from Iran war hits travel firm Tui’s profits
Good morning, and welcome to our rolling coverage of business, the financial markets.. - source: The Guardian - 12.08.2026
UK heatwaves may have cost economy £4.4bn in lost output so far this year, analysis finds
Verdant thinktank says cost could top £25bn a year by 2030 and calls for maximum temperature for working and urban redesign to cool down cities
Repeated debilitating heatwaves this summer.. - source: The Guardian - 12.08.2026
Consumer confidence at near two-year high as World Cup and UK holidaying lift summer spending
Barclays says survey shows people feel more secure in jobs and have more leeway to spend on non-essentials
Consumer confidence hit its highest level in almost two years in July, according.. - source: The Guardian - 11.08.2026