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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
Union calls for robust review of OBR over fears it holds back economic growth
TUC will urge John Healey to order ‘root and branch’ assessment of watchdog amid claims its forecasts downplay investment benefits
The TUC is urging the new chancellor, John Healey, to.. - source: The Guardian - 08.08.2026
Trump orders new 15% tariff on key material for solar panels and microchips
Move to raise levy on goods made with polysilicon aims to protect domestic US supply chains from China, the major producer
Donald Trump has ordered a new 15% tariff on imported products.. - source: The Guardian - 07.08.2026
Most Americans view rising living costs as biggest barrier to a better life, survey finds
When asked to detail what would make a better life in three to five years, 60% of US adults said greater financial security
Americans may seem increasingly divided on beliefs and values,.. - source: The Guardian - 06.08.2026
Healey urged to be bold on borrowing in first test of Burnham’s growth pledge
Some want the chancellor to exploit newly flexible fiscal rules – others want a more creative approach, such as borrowing from markets
With just 12 weeks to go until his first budget, new.. - source: The Guardian - 06.08.2026
Bank battle: history suggests Burnham faces fight if he opts for windfall tax
As lenders’ profits soar, calls grow for a levy to help new PM ease cost of living pressures on households
It has been a stellar week for UK banks. Fuelled by high interest rates and.. - source: The Guardian - 05.08.2026
UK manufacturing growth picks up as Trump tariff chaos eases
Factories in upbeat mood despite fears over economic impact of US war on Iran, poll finds
UK manufacturers ramped up production last month for the fourth consecutive month and at the.. - source: The Guardian - 03.08.2026
Oil prices plunge and Europe’s markets rally after Trump calls off Iran strikes
Brent crude drops by 5% after US president claimed talks on Middle East peace deal would resume
Crude oil prices fell sharply while stocks and government bonds rallied on Monday after.. - source: The Guardian - 03.08.2026
ECB official warns climate crisis poses growing threat to ‘core financial stability’
Exclusive: As wildfires rage, Frank Elderson says more work needed to assess risk from collapse of ecosystem services
A senior policymaker at the European Central Bank has said the climate.. - source: The Guardian - 01.08.2026
US economy grows sluggish 1.5% in second quarter as inflation tops Fed target
Consumer spending remained resilient even as policymakers kept interest rates on hold
The US economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on.. - source: The Guardian - 30.07.2026
US borrowing costs hit 19-year high as Fed holds interest rates
Bank’s chair pledges to keep up fight against inflation but decision brings fears the Fed is failing to keep pace
US government borrowing costs have hit their highest level since 2007.. - source: The Guardian - 30.07.2026
Live, rolling coverage of business, economics and financial markets as global stock markets drop after US central bank keeps interest rates steady
Good morning, and welcome to our live.. - source: The Guardian - 30.07.2026
UK faces ‘very difficult trade-offs’ in budget because of Iran war, say analysts
Leading thinktank says higher oil prices and inflation will give Andy Burnham a ‘challenging inheritance’
Andy Burnham has been warned by a leading thinktank of “very difficult.. - source: The Guardian - 29.07.2026
Oil prices fall as US pauses strikes on Iran over strait of Hormuz
Brent crude drops 9% to below $88 a barrel, prompting UK government bond yields to fall
Oil prices have dropped sharply as traders bet that a pause in US attacks on Iran could prevent an.. - source: The Guardian - 27.07.2026