UK inflation rise makes it clear: the cost of living crisis has not gone away

Analysts say pressure will be on Bank to keep interest rates higher for longer, as consumers’ mood stays gloomy

Trust in the US is eroding. The question isn’t if the dollar will lose supremacy – it’s when

De-dollarisation is not a threat to global stability. Countries are simply questioning the rules of a game long rigged in Washington’s favour

In today’s newsletter: Rachel Reeves has announced the ‘biggest financial regulation reforms in a decade’ – but are they enough to spark the economy?

At the Mansion House dinner she calls for regulators to allow more risk to clear the way for economic growth

London’s blue-chip index has risen 10% in 2025 helped by investor flight from US stocks amid Trump’s trade policies

London stock market hits new peak, Thames Water reports £1.6bn loss, and Rachel Reeves outlines ‘Leeds reforms’ for financial services

Inflation remains far below the peaks seen three years ago, when price increases reached as high as 9%

GDP grows 5.2% in second quarter as world’s second largest economy ‘front-loads’ shipments before tariffs kick in

Events such as the Iberian power blackout have led some to go back to physical money, but others are not convinced

Chancellor to announce raft of deregulation changes as City regulators move to pare back transparency rules

Retail body says sales up by 3.1% year on year in June after drop in May, but Barclays finds shoppers are cautious

Energy secretary says it is not clear if opposition have any net zero policy

EU trade commissioner says ‘we want to use ‘every minute until 1 August to find a negotiated solution’

Rolling coverage of the latest economic and financial news, as Andrew Bailey insists: “I think the path [for interest rates] is down”.

‘Slack’ opening up in UK economy as higher taxes squeeze employers, says Andrew Bailey