7 h. ago Reeves to touch down in Washington after IMF warns of rising UK inflation

The Chancellor is to champion Britain as a place where investors and businesses can count on economic stability during meetings in Washington DC.

Events

10 h. ago Welsh councils warn of massive council tax rises or 13,000 job losses

Filling a gap from Welsh Government funding could see 20% rises in council tax, they have warned

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12 h. ago Charity issues warning to households about popular winter accessory amid rise in injuries

It is the highest figure recorded for more than 20 years

Events

15 h. ago UK inflation to rise to highest in G7, warns IMF as food costs surge

It came as the IMF increased its UK growth forecast for this year but reduced its prediction for 2026 amid concerns over the labour market.

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15 h. ago World economy resilient amid Trump tariffs but outlook looks ‘dim’, says IMF

UK and global GDP growth forecasts upgraded for this year but immigration controls could have negative impact Business live – latest updatesThe global economy has shown “unexpected resilience” in the face of Donald Trump’s tariffs, but the full impact is yet to be felt, and outlook for growth remains “dim”, the International Monetary Fund (IMF) has warned.As policymakers gather in Washington for its annual meetings, the IMF has upgraded its forecast for global GDP growth this year to 3.2%, from 3% at its last update in July. Next year’s global forecast is unchanged, at 3.1%. Continue reading...

Politics

16 h. ago Urgent hot water bottle warning as hospitals see rise in injuries

Figures show the number of injuries have almost doubled in five years, from 499 in 2019

Events

5 d. ago Killer Victorian disease that could be mistaken for Covid surges 13.6% – the 6 symptoms Brits are urged to look out for

CASES of a killer disease prevalent during the Victorian era have been on the rise - and symptoms could be mistaken for flu or Covid, warn health chiefs. The disease is preventable and curable, making rapid identification and treatment crucial. New data published by the UK Health Security Agency (UKHSA) revealed levels of tuberculosis (TB)...

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6 d. ago Keir Starmer's cabinet warned not to use emergency cash to fund public sector pay rises

No10 described the clampdown on the use of the government's reserve funds ahead of next month's Budget as "tough but prudent"

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6 d. ago No more bailouts to fund public sector pay rises, cabinet ministers warned

Labour chancellor Rachel Reeves tightens purse strings ahead of difficult Autumn Budget

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6 d. ago IMF chief warns of economic uncertainty and offers this advice: 'Buckle up'

The global economy may be holding up better than expected despite major shocks such as President Donald Trump’s tariffs, but the head of the International Monetary Fund says that resilience may not last

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6 d. ago IMF chief warns ‘uncertainty is the new normal’ in global economy

Kristalina Georgieva outlines mounting risks to economic stability before fund’s annual meetings next weekBank of England warns of growing risk that AI bubble could burstGold price tops $4,000 for first time as investors seek safe havenThe head of the International Monetary Fund has issued a stark warning about the mounting risks facing the global economy, saying: “Buckle up: uncertainty is the new normal.”As finance ministers and central bankers prepare to meet in Washington for the IMF’s annual meetings next week, its managing director, Kristalina Georgieva said the world economy had shown surprising resilience in the face of Donald Trump’s trade war. Continue reading...

Events

6 d. ago Bank of England warns of risk of AI market correction; gold hits new $4,000 an ounce record – business live

Soaring tech valuations could drop amid potentially ‘disappointing’ progress on AI, central bank says; gold has doubled in two years and extends 50% rally so far this yearPeter Hargreaves, the billionaire co-founder of Hargreaves Lansdown, is retiring from the UK’s largest personal investment site, seven months after its £5.4bn acquisition by private equity firms. Hargreaves, 79, who set up the business in 1981 in the back bedroom of his house in Clifton with Stephen Lansdown, is handing his board position to his son Robert and said this “marks a proud new chapter in the family legacy”. His firm pioneered “DIY” investments, allowing people to invest directly in shares via its website without costly financial advisers.The Bristol-based company said he had rejoined the board earlier this year to “provide continuity and support through a period of change” following its takeover by a private equity consortium of Jersey-based buyout giant CVC Capital Partners, Sweden’s Nordic Capital and...

Events

6 d. ago Bank of England warns growing risk AI bubble could burst; gold hits new $4,000 an ounce record – business live

Soaring tech valuations could drop amid potentially ‘disappointing’ progress on AI, central bank says; gold has doubled in two years and extends 50% rally so far this yearPeter Hargreaves, the billionaire co-founder of Hargreaves Lansdown, is retiring from the UK’s largest personal investment site, seven months after its £5.4bn acquisition by private equity firms. Hargreaves, 79, who set up the business in 1981 in the back bedroom of his house in Clifton with Stephen Lansdown, is handing his board position to his son Robert and said this “marks a proud new chapter in the family legacy”. His firm pioneered “DIY” investments, allowing people to invest directly in shares via its website without costly financial advisers.The Bristol-based company said he had rejoined the board earlier this year to “provide continuity and support through a period of change” following its takeover by a private equity consortium of Jersey-based buyout giant CVC Capital Partners, Sweden’s Nordic Capital and...

Events

6 d. ago Spot gold rises above $4,000 for the first time; car dealer Vertu Motors warns of £5.5m profit hit from JLR disruption – business live

Gold has doubled in two years and extends 50% rally so far this year amid central bank buying and political turmoilPeter Hargreaves, the billionaire co-founder of Hargreaves Lansdown, is retiring from the UK’s largest personal investment site, seven months after its £5.4bn acquisition by private equity firms. Hargreaves, 79, who set up the business in 1981 in the back bedroom of his house in Clifton with Stephen Lansdown, is handing his board position to his son Robert and said this “marks a proud new chapter in the family legacy”. His firm pioneered “DIY” investments, allowing people to invest directly in shares via its website without costly financial advisers.The Bristol-based company said he had rejoined the board earlier this year to “provide continuity and support through a period of change” following its takeover by a private equity consortium of Jersey-based buyout giant CVC Capital Partners, Sweden’s Nordic Capital and the Abu Dhabi wealth fund, which completed in March.Har...

Economics

6 d. ago US ‘undermining global health’ by threatening to strip funding from aid projects that do not fit its political agenda

Trump administration reported to be planning expansion of ‘global gag rule’ to halt any initiatives promoting diversity, equity and inclusionThe Trump administration plans to export its “war on woke” by forcing foreign governments, non-governmental organisations and international bodies to abandon working on diversity, equity and inclusion or face being stripped of US funding.The plans have been called an attack on other nations’ sovereignty and one health organisation warned of “unimaginable effects” including a rise in deaths and violence, as safe clinics for vulnerable groups close. Continue reading...

Politics

7 d. ago Sea level rise could plunge 100 MILLION buildings underwater, warn scientists

Rising sea levels could plunge more than 100 million buildings underwater, scientists have warned.

Events

1 week ago Keir Starmer a ‘handmaiden’ to the rise of Reform UK, Green Party’s Polanski warns

Zack Polanski is pitching the Green Party as a left-wing alternative for disgruntled Labour voters

Events

1 week ago Wetherspoon's warns inflation will rise this winter after its energy and labour costs soar

Pub giant JD Wetherspoon sounded the alarm over the price of a pint and a meal, with new subsidies for nuclear power set to drive businesses' energy costs even higher.

Events

1 week ago Special needs bill for schools soars to £16bn as IFS warns of 'dramatic' rise in spending

In a report, the Institute for Fiscal Studies (IFS) said there was 'worryingly little evidence' on what support works best and called for a full review of the system.

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1 week ago FIA issue 'heat hazard' warning for Singapore Grand Prix as teams must take action

The FIA have stepped in ahead of the Singapore Grand Prix, issuing an official warning to teams. Temperatures in Singapore are expected to rise to dangerous levels this weekend.

Events