12 h. ago Business news live: UK inflation set to stay unchanged and Royal Mail to scrap second

Stock markets updates and business news from Thursday

Economics

2 w. ago Dunelm cuts price of cooling duvet rated for those who 'struggle to sleep in the heat'

Dunelm has slashed the price of bedding to keep you cool during the balmy summer nights

Politics

2 w. ago The new (affordable) Dyson fan is what everyone needs in a heatwave

With a cheaper price than expected, the Dyson Cool CF1 Fan could be one of Dyson’s best air conditioning products yet

Politics

3 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

3 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

3 w. ago UK inflation to edge higher if oil prices push up energy costs, experts warn

Experts have said that inflation is set to remain elevated over the coming months, particularly if global oil prices continue to spike.

Economics

3 w. ago Martin Lewis reveals the cheapest ways to stay cool during the heatwave

Amid an energy market crisis, keeping cool in the heat can come with an expensive price tag, the Manchester-based money expert said.

Politics

3 w. ago UK inflation set to cool as prices settle following April bill rises

The rate of Consumer Prices Index inflation is expected to have fallen to 3.3% in May, from 3.5% in April, according to a consensus of analysts.

Economics