11+ hour, 57+ min ago   (486+ words) The UK economy is expected to have recorded another quarter of growth as businesses find ways to cope with the fallout of the Iran war, but some industries are coming under increasing pressure, economists think. Figures from the Office for…...

3+ day, 14+ hour ago   (341+ words) Housebuilder Persimmon has said it expects to deliver home completions at the “upper end” of targets, despite a challenging property market. Boss Dean Finch said that “affordability constraints and build cost pressures” are continuing to drag on the industry. However,…...

2+ week, 5+ day ago   (448+ words) Grocery price inflation has slowed to its lowest rate since December 2024 as the World Cup and heatwaves drove the highest number of supermarket trips in more than five years. Supermarket prices were 2.6% higher than a year ago over the four…...

3+ week, 3+ day ago   (558+ words) The UK economy returned to growth in May, but official figures showed expansion was muted amid price pressures and supply chain issues due to the Iran war. The Office for National Statistics (ONS) said gross domestic product rose (GDP) by…...

1+ mon, 1+ week ago   (553+ words) The number of home mortgage approvals made to buyers dropped to a two-and-a-half-year low last month, figures show. Experts said the impact of the war in the Middle East pushing up borrowing costs took its toll on buyer demand. Some…...

1+ mon, 3+ week ago   (388+ words) UK inflation is set to have increased again last month over more expensive airfares and car duty. Economists have predicted that the rate of Consumer Price Index (CPI) inflation rose to 3% in May, from 2.8% in April. It would mean that…...

3+ mon, 4+ day ago   (253+ words) UK long-term borrowing costs have jumped to their highest level since 1998, amid concerns over rising inflation and political uncertainty ahead of this week’s local elections. The yield on 30-year UK government bonds – also known as gilts – reached a 28-year high…...

4+ mon, 1+ week ago   (566+ words) The price difference between diesel and petrol has reached the highest level since at least 2003 as the Iran oil crisis deepens, new figures show. Latest data from motoring services company the RAC shows the average price of a litre of…...

4+ mon, 2+ week ago   (197+ words) Chancellor Rachel Reeves has said the economic challenges from the Iran war may be “significant” and contingency planning is under way for energy bill support “for those who need it most”. The crisis in the Middle East has pushed up…...

7+ mon, 4+ day ago   (369+ words) Supermarket Aldi has revealed a £1.65 billion sales haul over the Christmas month as price remained the “biggest priority” for shoppers. The group reported a 3% rise in total sales over the four weeks to Christmas Eve as it notched up a…...