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Labor’s budget will benefit the young – but does little to woo voters drawn to One Nation
Jim Chalmers’ budget tips the scales in favour of younger and less well-off households – but it’s middle-class gen X that are turning to the rightwing party
Explore all of our 2026.. - source: The Guardian - 14.05.2026
‘Inevitable’ jet fuel shortages will drive up air fares this summer, says Willie Walsh
Impact of disruption from Iran war may be felt into 2027 even if strait of Hormuz reopens, says aviation body boss
Increases in air fares for travellers in Europe are “inevitable” over.. - source: The Guardian - 14.05.2026
‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again
As Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrous
A rise in borrowing costs and warnings.. - source: The Guardian - 14.05.2026
UK economy records surprise 0.3% growth in first month of the Iran war
GDP reading ties in with some surveys suggesting UK plc has kept up momentum despite rising fuel costs
The UK economy unexpectedly grew during the first full month of the Iran war,.. - source: The Guardian - 14.05.2026
UK GDP report to show how Iran war hurt economy in March – business live
Rolling coverage of the latest economic and financial news, including the UK’s latest GDP report
Bank of England deputy governor Sarah Breeden has declared that interest rates do not need.. - source: The Guardian - 14.05.2026
The king’s speech: what is the government’s legislative agenda for the next 12 months?
Keir Starmer set out bills to abolish NHS England, overhaul Send provision, limit jury trials and forge ties with EU
Keir Starmer has laid out long-promised changes to education, health and.. - source: The Guardian - 13.05.2026
US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell
Warsh will serve four-year term as chair, taking over amid rising inflation and pressure from Trump to lower rates
The US Senate confirmed Kevin Warsh as chair of the Federal Reserve, one.. - source: The Guardian - 13.05.2026
‘I don’t think about Americans’ financial situation,’ says Trump amid Iran talks
With US inflation at a three-year high, US president insisted he’s not focused on economic hardship sparked by the conflict
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Donald.. - source: The Guardian - 13.05.2026
UK housebuilder Vistry warns of ‘significantly’ lower profits amid Iran war uncertainty
Bovis Homes owner’s shares plunge 10.5% after it was forced to cut prices as buyers became cautious
One of the UK’s biggest housebuilders has said its profits will be.. - source: The Guardian - 13.05.2026
UK bond market on edge amid political turmoil – business live
Political instability, fears of drawn-out Labour leadership campaign, and possibility of Reform government all blamed for jump in UK borrowing costs
IS THE UK THE HARBINGER OF THINGS TO.. - source: The Guardian - 13.05.2026
Three-quarters of UK millionaires would be happy to pay more tax, research finds
Despite concerns super-rich are leaving due to tax burdens, 88% of those surveyed were proud to live in UK and would pay more to fund public services
Nine in 10 UK millionaires are proud to.. - source: The Guardian - 13.05.2026
Labour must offer more than ‘better managed decline’ on economy, MPs urge
Soft-left Tribune group issues thinly disguised attack on Keir Starmer, calling for bold policy renewal
An influential group of MPs has said Labour needs an urgent renewal of economic.. - source: The Guardian - 12.05.2026
Investor jitters over Starmer uncertainty drive UK borrowing costs to 28-year high
Bond yields soar and pound falls against dollar as investors brace for potential Labour leadership change
Long-term UK borrowing costs soared to the highest level in almost three decades on.. - source: The Guardian - 12.05.2026
US inflation jumped to 3.8% in April as war with Iran continues to drive up prices
Prices rose 3.8% over the last year, according to Bureau of Labor Statistics data, highest jump since 2023
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US inflation jumped to.. - source: The Guardian - 12.05.2026
Rolling coverage of the latest economic and financial news
Starmer on the brink as cabinet ministers urge him to quit
Good morning, and welcome to our rolling coverage of.. - source: The Guardian - 12.05.2026
UK households cut back spending at fastest rate in 18 months, Barclays says
Dip in credit card spending in April, particularly on travel, suggests Britons preparing for harder times amid Iran war fallout
Households cut back on their spending in April at the fastest.. - source: The Guardian - 12.05.2026
Democrats are playing with fire in trying to reclaim tax cuts from Republicans
Senator Chris Van Hollen and other Democratic lawmakers are embracing a policy that hardly benefits the middle class
Soul-searching within the Democratic party is to be expected after its.. - source: The Guardian - 11.05.2026
Oil prices climb after Trump dismisses Iran’s response to peace plan
Brent crude rises after US president calls overture from Tehran ‘totally unacceptable’
Business live – news updates
Oil prices have climbed after Donald Trump condemned Iran’s.. - source: The Guardian - 11.05.2026
US Senate expected to confirm Kevin Warsh as next Federal Reserve chair
Warsh would succeed outgoing Fed chair Jerome Powell as Trump continues his push to influence the US central bank
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The US.. - source: The Guardian - 11.05.2026
UK households bracing for new cost of living crisis, report finds
PwC survey reports fast fall in consumer confidence with people worried about Iran war’s impact on economy and personal finances
British households are bracing for a new cost of living.. - source: The Guardian - 11.05.2026