Bank of England’s chief economist dampens hopes of summer interest rates cut Huw Pill warns inflation could rebound as UK business survey signals economy strengthened over last month
FTSE 100 hits record closing high again, despite BoE chief economist warning against cutting interest rates too soon – as it happened Rolling coverage of the latest economic and financial news
FTSE 100 hits record high as shares rise amid hopes of interest rate cuts UK’s blue-chip index reaches 8,076, surpassing previous high of 8,047 in February 2023
Leading UK lenders raise fixed-rate mortgage deals amid ‘market uncertainty’ Borrowers urged not to panic as banks including Barclays, NatWest and HSBC readjust cost of loans
Jeremy Hunt’s scope for tax cuts hit by higher-than-expected borrowing Government borrowed £120.7bn in the last financial year, with just under £12bn in March
FTSE 100 hits record closing high amid hopes of interest rates cuts – as it happened Rolling coverage of the latest economic and financial news
FTSE 100 hits record closing high amid hopes of interest rate cuts UK’s blue-chip index ended trading at 8,023, its highest close ever, as pound falls against dollar
Ten Years to Save the West by Liz Truss review – economical with the truth about her own downfall The former PM’s whingeing, unintentionally hilarious and scapegoating rant about the economy-crashing disaster of her time in No 10 is best read as a cautionary tale of hubristic zeal
Most difficult global outlook since 1930s heralds end of US-led world order IMF has revised up growth forecasts but medium-term prospects remain poor as globalisation goes into reverse
World Bank official calls for shake-up of G20 debt relief scheme Chief economist says common framework has failed to provide any new money to world’s poorest countries since it was set up in 2020
Yes, inflation has slowed, but business is still paying the price – and so are you Retail inflation has lessened, but businesses are still swamped by huge price increases in materials and services
A heedless dash for net zero will waste cash and, later, votes Keir Starmer must learn from the Tories’ failures and ensure green projects are well planned and resourced
As India goes to the polls, can democracy deliver a better life for all of its people? Behind a veneer of progress, injustice and inequality propped up by corruption and an outdated caste system haunt the subcontinent
Jeremy Hunt’s tax cut plans to face IMF scrutiny next month Annual health check to examine whether tax increases or spending cuts will be needed after election
Pound drops as Bank of England deputy governor sees lower inflation ahead – as it happened Rolling coverage of the latest economic and financial news