4+ day, 13+ hour ago   (470+ words) The British pound’s move against the US dollar is no longer simply a reflection of the interest-rate differential between the Bank of England and the Federal Reserve. Instead, it has become the result of a complex interaction between monetary policy…...

1+ week, 13+ hour ago   (799+ words) The UK economy is expected to have contracted modestly in July, as weak retail activity and higher household energy costs weighed on consumer spending at the start of the third quarter. Economists at Investec and Pantheon Macroeconomics forecast that official…...

1+ week, 1+ day ago   (832+ words) Chancellor John Healey has warned that his first Budget could involve difficult decisions as the economic consequences of Donald Trump’s war with Iran feed through into inflation, growth and government borrowing costs. The warning comes after a sharp rise in…...

1+ week, 4+ day ago   (1574+ words) London equities fell on Tuesday as a renewed surge in oil prices pushed government borrowing costs sharply higher, reviving concerns about inflation and adding to the fiscal pressures facing the UK government ahead of next month’s Budget. The FTSE 100 closed…...

1+ week, 5+ day ago   (814+ words) UK government borrowing costs have climbed to their highest levels in almost two decades, as rising oil prices and disruption to global energy supplies fuel concerns that inflation could remain elevated and interest rates may have to stay higher for…...

3+ week, 2+ day ago   (545+ words) Investors are growing increasingly wary of government debt as borrowing costs surge across major markets, complicating the fiscal outlook for Andy Burnham’s administration just as pressure mounts for further cost-of-living support. The latest UK retail sales figures have added to…...

3+ week, 2+ day ago   (402+ words) The latest public sector finance figures offer the new Government some welcome relief – but one encouraging month will not be enough to prevent difficult decisions that must be made in the upcoming October Budget. Public Sector Net Borrowing, excluding public…...

3+ week, 2+ day ago   (373+ words) Gold prices extended their gains as they benefited from a softer US dollar. The currency retreated to a multi-month low, reducing pressure on the metal gradually. While bond yields stabilized after the markets’ reaction to the US Treasury’s decision to…...

3+ week, 4+ day ago   (590+ words) Andy Burnham has promised to do “what I can” to help households through increasingly difficult economic conditions after UK inflation accelerated and forecasts pointed to further pressure on energy bills. Consumer price inflation rose to 2.9 per cent in July, from…...