US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell

Warsh will serve four-year term as chair, taking over amid rising inflation and pressure from Trump to lower rates

The king’s speech: what is the government’s legislative agenda for the next 12 months?

Keir Starmer set out bills to abolish NHS England, overhaul Send provision, limit jury trials and forge ties with EU

IEA warns that mounting supply losses from the Strait of Hormuz are depleting global oil inventories at a record pace

With US inflation at a three-year high, US president insisted he’s not focused on economic hardship sparked by the conflict

Bovis Homes owner’s shares plunge 10.5% after being forced to cut prices as buyers become cautious

Despite concerns super-rich are leaving due to tax burdens, 88% of those surveyed were proud to live in UK and would pay more to fund public services

Bond yields soar and pound falls against dollar as investors brace for potential Labour leadership change

UK bond yields hit highest since 1998 this morning, before easing back as some cabinet ministers voiced support for Keir Starmer

Prices rose 3.8% over the last year, according to Bureau of Labor Statistics data, highest jump since 2023

Soft-left Tribune group issues thinly disguised attack on Keir Starmer, calling for bold policy renewal

Dip in credit card spending in April, particularly on travel, suggests Britons preparing for harder times amid Iran war fallout

Yields on 10- and 30-year British government bonds have risen today, as investors digest possibility of leadership challenge

Bond yields creep higher on concerns about potential for political instability and rising inflation

Senator Chris Van Hollen and other Democratic lawmakers are embracing a policy that hardly benefits the middle class

Brent crude rises after US president calls overture from Tehran ‘totally unacceptable’