18 h. ago HS2 may run at 'reduced speeds' in attempt to drive down costs, boss of doomed project admits

Mark Wild said ‘there is a need to simplify the day-one railway’ amid calls for the line to be scrapped altogether

Economics

19 h. ago Interest rates – live: Bank of England holds rate amid oil and inflation concerns

Rate remains at 4.25 per cent as experts look to balance higher inflation with economic growth

Economics

19 h. ago Bank of England holds interest rates at 4.25% amid fears Middle East crisis and rising food inflation could increase cost

Most economists had predicted that the Bank of England's Monetary Policy Committee (MPC) would opt to keep interest rates on hold at 4.25 per cent following its latest meeting.

Economics

21 h. ago Brits face wait for interest rates relief with Bank of England poised to hold amid anxiety over Middle East crisis and 'sticky' inflation

The Monetary Policy Committee looks set to keep the base rate at 4.25 per cent when the latest decision is announced at noon.

Economics

40 h. ago Voices: Who’s to blame for food price hikes – supermarkets or Rachel Reeves?

The retail giants point the finger at the chancellor’s business tax rises as food inflation jumps to 4.4 per cent – so are they right, and will mortgages and petrol pump prices be next, asks James Moore

Economics

42 h. ago UK transport secretary calls HS2 an ‘appalling mess’ as she confirms delay

Heidi Alexander vows to ‘sort out’ HS2 project; UK inflation dips to 3.4% as transport costs ease while food prices jumpUK inflation eases to 3.4% amid falling fuel and air fare pricesInflation pressures remain sticky in the UK, according to Rob Wood, chief UK economist at Pantheon Macroeconomics.Looking ahead, we continue to expect CPI inflation to average 3.4% for the rest of the year as strong wage growth, minimum wage hikes and tax increases pass through to retail prices. We think headline inflation will struggle to dip below 3% before April 2026. By that point, inflation will have been above target almost continuously for five years, risking further deanchoring of inflation expectations and persistent wage pressure.Granted, US president Trump’s trade war could lead to some diversion of Chinese exports previously bound to the US, which could cut UK inflation. But war in the Middle-East has boosted oil and natural gas prices, adding 10bp to our forecast inflation peak and risks p...

Politics

43 h. ago UK inflation eases by less than anticipated ahead of Bank of England rate decision

Inflation in the U.K. dropped modestly in May as a drop in air fares and transport costs were largely offset by rising food prices, particularly chocolate

Economics

45 h. ago Householders should put a piece of paper in fridge door before Friday

This trick from appliance brand Beko will help you avoid spoilt food as the temperatures rise in coming days

Politics

47 h. ago Business Briefing: UK inflation holds at 3.4% amid rising food prices and cheaper transport costs

From stubborn inflation and a downgraded economic outlook, to a major regional investor merger, AO World’s strong results, and fresh insight into the future of flexible work - here are today’s top UK business stories.

Economics

47 h. ago More woe for Rachel Reeves as 'sticky' inflation defies expectations to hold at 3.4%

Official figures showed headline CPI stuck at 3.4 per cent in May, worse than the 3.3 per cent analysts had pencilled in.

Economics

48 h. ago UK inflation rate holds as air fares and fuel prices decrease – but risk remains

At 3.4 per cent inflation remains far above the Bank of England’s target

Economics

2 d. ago Fuel tanker rates surge as Middle East crisis worries markets – business live

Rolling coverage of the latest economic and financial newsTrump says UK is protected from tariffs ‘because I like them’ as trade deal is signed offIran and Israel crisis: what does it mean for the price of oil?Over in Tokyo, Japan’s central bank chief has warned that the jump in the oil price, if maintained, could push up inflation.Speaking after the BoJ left interest rates on hold today, governor Kazuo Ueda told reporters:“Coupled with already rising food prices, such moves in oil prices caused by tensions in Iran and Israel, if persist, could risk affecting inflation expectations and underlying inflation. So we must scrutinise developments carefully.”“Even if developments surrounding U.S. trade policy stabilise toward a certain direction, there’s very high uncertainty on how that could affect the economy .For the time being, there is extremely high uncertainty over each country’s trade policy. As such, there is bigger downside risk for both Japan’s economy and prices.” Continue re...

Events

3 d. ago Sky Glass Air TV has a much cheaper £6 a month price, but is it worth it?

Sky Glass Air provides a cheaper way to get access to Sky channels with a low monthly payment. But how does it compare to Sky Glass?

Economics

5 d. ago West Lothian school transport cost prompts question over free bus pass use

The council pays £1, 245 per pupil to provide ‘free’ school transport - but with the Scottish Government also providing free bus passes to under 22s, one councillor questioned why pupils were not being asked to use normal buses.

Politics

7 d. ago Cheaper mortgages and relaxed lending rules push up price of a first home

Falling interest rates and the ability to borrow more are set to push prices of first-time buyer homes even higher, after they already spiked at the start of 2025.

Economics

7 d. ago Cuba’s students call for resignations and strikes after brutal internet price hike

Students say rise in prices was trigger but underlying anger was communist government’s increasing reliance on USDHaving endured electricity blackouts, water shortages, transport failures and the spiralling cost of food, Cuba’s students appear to have finally lost patience with their government over a ferocious price hike for the country’s faltering internet.Local chapters of Cuba’s Federation of University Students (FEU) have been calling for a slew of measures, including attendance strikes, explanations from ministers and even the resignation of their own organisation’s president. Continue reading...

Events

8 d. ago Inflation holds steady as data shows how prices are faring after Trump’s ‘Liberation Day’ tariffs

May’s consumer price index captures the period after President Donald Trump unveiled his ‘Liberation Day’ trade tariffs

Economics

9 d. ago Sky's new Glass TV upgrade now available to buy for much cheaper price

The Sky Glass Air smart TV is now available to buy in the UK, with shoppers able to get their hands on the sleek smart TV with Sky built in from £6 per month

Economics

1 week ago Fire TV Stick owners offered cheap way to stream Sky TV and it's totally legal

Amazon is offering those with a Fire TV Stick the chance to stream Sky for a cheaper price.

Events

1 week ago Bestselling Ninja air fryer at lowest price all year on Amazon and cheaper buying direct

This particular model of Ninja air fryer is one of the brand's best-sellers and is currently on offer on Amazon, saving shoppers a huge amount of money

Economics