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UK food prices on track to rise by 50% since start of cost of living crisis

Beef and olive oil costs increase the most as climate and energy shocks drive inflation, research suggests

Food prices are on track to be 50% higher in November than at the start of the.. - source: The Guardian - 04.05.2026


Women in developing countries hardest hit by rising debt burden, UN research finds

Study warns women face job losses and increased unpaid care duties as debt and conflict-driven turbulence force spending cuts

Women are hit hardest when the debt burden in developing.. - source: The Guardian - 04.05.2026


Jim Chalmers rules out fuel excise extension and downplays hopes for tax relief in ‘most responsible’ budget yet

The treasurer also says May federal budget will play ‘helpful not harmful role in fight against inflation’

Jim Chalmers has warned there will be little room for more cost of living.. - source: The Guardian - 04.05.2026


Interest rates are set to rise. Use our loan calculator to check how a rate hike could affect you

The Reserve Bank could raise interest rates again on Tuesday, after lifting rates in February and March

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The Reserve Bank.. - source: The Guardian - 03.05.2026


Average price of gas in California edges past $6 a gallon, highest level in four years

Analysts say Americans have now paid $21.7bn more to fill their tanks since the start of the US war on Iran

Exxon and Chevron quarterly earnings fall despite soaring oil prices

Sign.. - source: The Guardian - 01.05.2026


NatWest faces £140m hit from Iran war as UK growth slows and inflation rises

Profits ahead of expectations but almost half of £283m impairment charge follows forecast reassessment

NatWest said the economic fallout from the conflict in the Middle East could cost it.. - source: The Guardian - 01.05.2026


ACCC v Woolworths may have exposed the ‘magic’ of supermarket discounts – but will it change how we shop?

The seven-day trial in the watchdog’s case against the supermarket offered a rare glimpse into its internal machinations

Get our breaking news email, free app or daily news.. - source: The Guardian - 01.05.2026


Tony Blair’s thinktank urges Labour to scrap ‘unaffordable’ pension triple lock

State pension was ‘built for a different era’, says former PM’s organisation amid pressure on government finances

Labour has been urged by Tony Blair’s thinktank to scrap the.. - source: The Guardian - 01.05.2026


Bank of England warns UK should brace for higher inflation due to Middle East war – video

The Bank of England has left interest rates unchanged at 3.75% but warned that the UK should brace for hikes later this year, as a result of the war in the Middle East.

The Bank’s.. - source: The Guardian - 30.04.2026


US economic growth rebounds 2% as consumer spending slows amid Iran war

First quarter output, driven by AI investment and government spending, rose as oil shock fuels inflation fears

US gross domestic product (GDP) accelerated 2% in the first three months of.. - source: The Guardian - 30.04.2026


Oil price tops $120 a barrel after Trump warns Iran blockade could last ‘months’

Oil markets spooked as US president appears willing to maintain US Navy blockade and Iran keeps strait of Hormuz all but shut

The price of Brent oil soared above $126 a barrel on.. - source: The Guardian - 30.04.2026


Rising costs forcing 3m UK households to skip meals, Which? report finds

Consumer insight tracker shows 85% are worried about food prices and a majority think the economy will deteriorate

Three million UK households are being forced to skip meals as consumers.. - source: The Guardian - 30.04.2026


Fed leaves interest rates unchanged in defiance of Trump’s calls for cuts

Fed officials cite elevated inflation, slow job growth and uncertainty in Middle East as reasons for holding rates

Sign up for the Breaking News US email to get newsletter alerts in your.. - source: The Guardian - 29.04.2026


Reliance on Chinese green tech poses ‘serious’ risk for Europe, experts say

Continent ‘sleepwalking’ into series of economic and national security problems due to over-dependence

Europe is “sleepwalking” into a series of economic and national security.. - source: The Guardian - 29.04.2026


UK firms in ‘critical financial stress’ jump by a third as costs rise, report says

Insolvency firm points to tax rises, staff costs and shaky consumer confidence after number increases to 62,193

The number of UK businesses in “critical financial distress” has risen by.. - source: The Guardian - 29.04.2026


UK exports to Middle East tumble as Iran war hits economy – business live

Rolling coverage of the latest economic and financial news

Heathrow has warned that it faces an ‘uncertain outlook’, after a positive start to the year.

London’s largest airport.. - source: The Guardian - 29.04.2026


UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns

Niesr says even under best-case scenario, economy would grow at slower pace in 2026 and 2027 because of conflict

Britain is facing a £35bn economic hit and the risk of a recession this.. - source: The Guardian - 29.04.2026


GM expecting $500m Trump tariff refund, boosting its 2026 earnings outlook

Companies are now seeking refunds on tariffs after supreme court ruled Trump’s emergency levies were illegal

Sign up for the Breaking News US email to get newsletter alerts in your.. - source: The Guardian - 28.04.2026


BP profits double after ‘exceptional’ oil trading during Iran war – business live

Rolling coverage of the latest economic and financial news

Maja Darlington, climate campaigner for Greenpeace UK, says:

“The oil industry’s capacity to profiteer from human misery.. - source: The Guardian - 28.04.2026


Retail sales rise in Great Britain after Iran war prompted ‘panic at the pumps’

Rise of 0.7% in March was spurred by motorists filling their tanks, and the sun helping clothing and footwear

Motorists stocking up on fuel helped to push up retail sales in Great Britain.. - source: The Guardian - 24.04.2026


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