KPMG leaked confidential Optus information and surveilled whistleblower’s laptop, inquiry hears

International firm owns up to breach of ethics after staff leaked confidential Optus information while bidding for telco contract

UK borrows more than expected as impact of Iran war takes toll

May figure of £23.3bn underlines challenge facing Andy Burnham if he ends up as Labour leader

Bank of England governor warns UK public to expect higher costs this year

Andrew Bailey says ‘inflationary pressure in pipeline’ despite US and Iran signing initial peace deal as interest rates kept on hold

Not so empty nesters: record-high number of US adults under 35 live at home, new data says

Data shows that the increase in at-home living stems from high housing costs rather than labor market conditions

Bank of England leaves interest rates on hold and lowers inflation forecast amid Middle East ‘uncertainty’ – as it happened

Rolling coverage of the latest economic and financial news, including the latest UK jobs report and the Bank of England’s interest rate decision

‘Mega-consumers’ of food and energy cost environment $5.7tn a year, study finds

Top 10% generate climate and biodiversity damage bill that exceeds economies of most countries, say researchers

UK vacancies fall to lowest for five years as wages grow faster than expected

Employers wary of hiring permanent staff but unemployment eased to 4.9% in the three months to April

Rejoining customs union would not fix damage caused by Brexit, research finds

Exclusive: Economists find Brexit caused 12% depression in UK exports, most of which is due to leaving single market

UK inflation unexpectedly stays at 2.8% with higher transport costs offset by slower food price rises – as it happened

Food prices rose at the slowest rate since December 2024 with declines in inflation for meat, cheese, vegetables and cheese

Surprisingly benign UK inflation data signals a softer Iran war hit than feared

Impact of war on UK cost of living more muted than first forecast suggesting fuel price rises have failed to spill out more widely across UK plc

UK inflation stays at 2.8% as slowing food prices offset rising transport costs

May’s figure confounds forecasts of an increase to 3% as Bank of England prepares to set interest rates

Is it bad that Elon Musk has a trillion dollars? Yes, and here’s why

Just as the ‘poverty line’ determines what’s required for basic living, we need a ‘wealth line’ to show when extreme wealth becomes harmful, says economist and philosopher Ingrid Robeyns

US small business owners: how are you operating in the current economic climate?

We would like to hear from small business owners in the US about how they’re adapting to challenges such as inflation

Brent crude falls to three-month low below $80 as Iranian oil tankers ‘resume shipping’ – as it happened

Rolling coverage of the latest economic and financial news

Bank of Japan raises interest rates to 31-year high … of 1%

Country acts amid Iran war inflation pressures, but US Fed and Bank of England expected to hold rates