28 h. ago Voices: After Labour’s first year, Starmer could still learn from ‘one

The current prime minister would be wise to study Clement Attlee’s post-war premiership, which also started with a landslide election but, mired in economic uncertainty and internal conflict, quickly ran out of steam, says historian Alun Evans

Politics

34 h. ago Economic slowdown linked to global uncertainty amid Trump tariffs – think tank

The Fraser of Allander Institute now expects Scottish economic growth of 0.8% in 2025 and 1.0% in 2026 – a slight downgrade from its April forecasts.

Economics

44 h. ago U.S. applications for jobless aid fell to 233,000 last week as layoffs remain low

Fewer Americans applied for unemployment benefits last week as layoffs in the U.S. remain low despite uncertainty about how tariffs will impact the economy

Politics

2 d. ago Brits reveal top behaviours that boost confidence in investing and saving

Brits’ financial confidence has grown in the last 12 months – despite economic uncertainty, recent volatility in the stock market and falling interest rates.

Economics

3 d. ago Interest rates are still on ‘downward’ path, says Bank of England chief

Governor Andrew Bailey also highlighted weakness in the UK labour market amid increased economic uncertainty.

Events

3 d. ago US job openings in May hit 7.8 million in a continuing display of labor market resilience

U.S. job openings rose unexpectedly in May, a sign that the American labor market remains resilient in the face of high borrowing costs and uncertainty over U.S. economic policy

Economics

2 w. ago TV licence rules explained as changing watching habits could save £174

Some households may not even need a TV Licence, but avoiding it when you do need one could cost £1,000

Economics

2 w. ago Restaurants, hotels and farms beg Trump to exempt their businesses from immigration raids after screeching policy U

Confusion as tension between deportation targets and economic necessity bolsters fear and uncertainty

Politics

2 w. ago UK interest rates expected to remain on hold; rate cuts in Norway, Switzerland and the Philippines – business live

Central bankers warn that trade war worries, and conflict in the Middle East, could hurt growthNewsflash: We have a third interest rate cut this morning!Norway’s central bank has surprised analysts by cutting its policy rate by a quarter of one percentage point, to 4.25%. The rate had been set at 4.5% since December 2023.“Inflation has declined since the monetary policy meeting in March, and the inflation outlook for the coming year indicates lower inflation than previously expected.A cautious normalisation of the policy rate will pave the way for inflation to return to target without restricting the economy more than necessary.”“The uncertainty surrounding the economic outlook is now greater than normal. If the economy takes a different path than currently envisaged, the policy rate path may be adjusted. But our objectives stand firm. We will finish the job and ensure that inflation is brought all the way back to 2 percent.”The Monetary Board also noted indications of a deceleratio...

Politics

2 w. ago Bank of England expected to leave interest rates on hold as Middle East conflict pushes up oil price – business live

Rolling coverage of the latest economic and financial news, as Switzerland and Philippines cut interest ratesNewsflash: We have a third interest rate cut this morning!Norway’s central bank has surprised analysts by cutting its policy rate by a quarter of one percentage point, to 4.25%. The rate had been set at 4.5% since December 2023.“Inflation has declined since the monetary policy meeting in March, and the inflation outlook for the coming year indicates lower inflation than previously expected.A cautious normalisation of the policy rate will pave the way for inflation to return to target without restricting the economy more than necessary.”“The uncertainty surrounding the economic outlook is now greater than normal. If the economy takes a different path than currently envisaged, the policy rate path may be adjusted. But our objectives stand firm. We will finish the job and ensure that inflation is brought all the way back to 2 percent.”The Monetary Board also noted indications of...

Economics

2 w. 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

2 w. ago Florida budget puts millions in reserves as economic uncertainty brews. Here's a look by the numbers

On the 105th day of what was supposed to be a 60-day session, Florida lawmakers gave final approval to a leaner state budget totaling $115.1 billion, marking the end of a lawmaking season that was largely defined by inter-party clashes in the Republican-dominated capitol

Economics

3 w. ago When times are tough, practicing gratitude can improve moods in the workplace

Practicing and encouraging gratitude can be a simple way to boost morale at a time when layoffs and economic uncertainty are causing stress and anxiety

Politics

3 w. ago Tell us: have your saving habits changed due to economic uncertainty?

We would like to hear from people who have started setting aside more cashUK households are increasingly setting aside physical cash amid extreme economic uncertainty and to provide a safety net for possible banking system outages such as the recent one in Spain, according to the Bank of England’s chief cashier.Victoria Cleland said on Tuesday that the Bank had tracked a significant increase in the number of banknotes in circulation in recent months, continuing a rising trend since 2022. Continue reading...

Economics

3 w. ago Pitbull review – like a children’s party, but with loads of booze

Co-Op Live, ManchesterWith a hedonistic seize-the-day message, the pop-rapper resembles a cult leader or motivational speaker – and his followers are willing to overlook the faults in his live showPitbull is trying to give over 20,000 people a language lesson. “I want to teach you a little bit of Spanish,” he says to the crowd, about 90% of whom are dressed in Mr Worldwide cosplay of bald caps, aviators and squiggly hand-drawn facial hair. The phrase he’s teaching? “Yo no quiero agua, yo quiero bebida”, which in English translates to “I don’t want water, I want a drink”. As people used to say: yolo.This is the vibe of Pitbull’s Party After Dark tour, which returns to the UK for its second run this year. It’s a relentless ride through the era of hedonistic and carefree EDM pop that sprouted up after the 2008 financial crisis, and given renewed economic uncertainty and horrific global events, it’s unsurprising that people are still seeking escapism. Why shouldn’t that be delivered by ...

Society

4 w. ago The number of Americans filing for jobless benefits last week rises to highest level in eight months

Filings for U.S. unemployment benefits rose to their highest level in eight months last week but remain historically low despite growing uncertainty about how tariffs could impact the broader economy

Politics