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Inflation drop makes Bank of England early Christmas present to Reeves almost a certainty

Monetary policy committee, cautious in recent months, expected to respond with cut in interest rates

UK inflation falls sharply to 3.2% amid slowdown in food price rises

Drop in November annual rate adds to case for Bank of England cut to interest rates on Thursday

Christmas dinner and festive treats up to 70% more expensive, reports Which?

Price of turkey jumps as much as £15 compared with 2024, while chocolate has steepest mark-up

Unemployment rises in US and UK, adding to pressure to cut interest rates – as it happened

Rolling coverage of the latest economic and financial news, as US non-farm payrolls rise by 64,000 in November but shrink by 105,000 in October

UK unemployment rose to four-year high of 5.1% before budget

October figure from ONS suggests employers laid off workers, as earnings growth excluding bonuses fell

UK and South Korea sign new trade deal aimed at cars, salmon and Guinness

Government says arrangement will bring in extra £400m on top of more than £15bn of existing annual trade with Korea

Rishi Sunak tells Covid inquiry he was worried about UK’s ability to fund itself

Reflecting on chaos of early pandemic, former chancellor said it was ‘acutely stressful’ to see rising interest bill on government bonds

Brighton’s struggling independent stores: ‘The nation of shopkeepers will go on the dole’

City’s small shops are reaching tipping point amid higher business rates, staff costs and big chains eager to move in

Why universal basic income still can’t meet the challenges of an AI economy

Andrew Yang’s revived pitch suits the automation debate, but UBI can’t fix inequalities concentrated tech wealth drives

How many more times will the Bank of England rescue Rachel Reeves?

The City expects a cut in interest rates on Thursday but economic prospects for 2026 complicate the picture

Labour is procrastinating over policy as UK’s economy goes backwards

New business rates regime that is poised to hit pubs and hotels is latest example of hasty decision-making

UK politics: Trump talks ‘complete nonsense’ about crime in London, says Met police commissioner – as it happened

Mark Rowley says capital is a safe city, and claims of no-go areas are ‘completely false’

December cut to UK interest rates ‘nailed on’ after economy shrinks unexpectedly by 0.1% in October – as it happened

Disappointing UK GDP report shows economy contracted by 0.1% in both September and October

UK economy shrank unexpectedly before budget, data shows

GDP fell by 0.1% in October as activity failed to regain momentum after cyber-attack on Jaguar Land Rover

Health and safety rules holding UK infrastructure back, says writer of government report

Exclusive: John Fingleton says regulators need to change their attitude to risk to end the country’s economic stagnation

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  • Brent crude rises after Trump says he wants to ‘take the oil’ in Iran and Yemeni Houthis launch second attack on Israel – business live
  • Apple subsidiary fined by UK government over Moscow sanctions breach
  • Mounjaro maker wants NHS drug price rises in return for more investment in UK
  • How could US forcibly reopen strait of Hormuz and what are the risks?
  • Brent crude hits $116 a barrel after Trump says he wants to ‘take the oil in Iran’
  • Glasgow arts hub tenants condemn ‘unsustainable’ rent rises by landlord
  • UK savers told to act now before Easter Sunday cash Isa deadline
  • Pessimism takes root in UK as shoppers struggle to afford essentials
  • Cost of living: how to prepare for the ‘awful April’ shower of bill increases
  • Who are the Houthis – explained in 30 seconds
  • Big retailers say UK jobs at risk from guaranteed hours reforms
  • Millions of boomer small business owners will soon retire. Will their companies just disappear?
  • One in five UK hospitality businesses fear collapse as costs surge
  • Oil on track for record monthly surge as Iran war disrupts markets
  • War in Iran erodes the chancellor’s headroom and exposes the UK’s fragility
  • HBO Max pins hopes on Friends and Harry Potter to win UK streaming war
  • First sugar-free Easter on UK TV as chocolate ads are pushed past 9pm
  • ‘Definitely dodgy’: how to spot a fake vape
  • US treasury department demands retraction of story on increased oversight of Federal Reserve
  • ‘It feels like they’re pulling figures out of the sky’: UK pet owners welcome crackdown on vet fees
  • How EVs could be part of answer to UK’s fuel reserve worries
  • The great care home cash grab: how private equity turned vulnerable elderly people into human ATMs
  • Saving for a pension: why gen Z aren’t all banking on retirement
  • ‘Canadians don’t want to come here any more’: anger over Trump squeezes US border businesses
  • These CEOs want a starring role in our lives – and there’s not much we can do about it
  • Hundreds of North Sea licences granted by Tories ‘produce only 36 days of gas’
  • UK ‘weeks away’ from medicine shortages if Iran war continues, experts say
  • Wall Street hits six-month low and Dow falls into correction as Trump ‘appears to lose his grip on markets’ – as it happened
  • Lloyds bank faces £66m court battle with car loan customers
  • UK government borrowing costs hit 5% as Iran war fuels bond market sell-off

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