Rates
Bank of England holds interest rates at 3.75% as inflation fears mount
The Bank of England has kept UK interest rates on hold as fears mount over rising inflation triggered by the Iran war.Against a volatile backdrop in the Middle East...
Fed holds interest rates steady despite Trump’s renewed calls to lower them
The US Federal Reserve held interest rates steady on Wednesday, leaving rates unchanged for the fifth time since December despite Donald Trump’s renewed calls to lower rates.Cooler inflation data...
Rising oil prices could force up UK interest rates, say economists
The Bank of England could be forced to tear up its economic forecasts and raise interest rates later this year if oil prices return to above $100 a barrel,...
‘It’s not fair’: cafe owners frustrated over exclusion from business rates cut
Ferdinand Geus is proud of the positive, global impact his small specialty coffee business is having.“Around 3,000 small, family-owned farms in Yemen rely on us – we’ve persuaded many...
Business rates to be cut by 20% for England pubs, clubs and music venues
Business rates will be cut by 20% for pubs, clubs and live music venues across England from April next year, Downing Street has announced.The discount will apply to nearly...
China’s economy grows at 4.3%, one of its lowest rates on record
China has posted worse-than-expected growth figures for the three months to June as its economy expanded by just 4.3% – one of its lowest quarterly readings on record.The rate,...
China grows at one of lowest rates on record; Thames Water has funds to survive to year end – business live
Key eventsIntroduction: China grows at one of lowest rates on record; Thames Water has funds to survive to year endGood morning, and welcome to our rolling coverage of business,...
US stock markets fall amid Iran strikes and potential higher interest rates
US stock markets fell on Wednesday as the US continued strikes on Iran and the Federal Reserve flagged concerns that would warrant higher interest rates.Donald Trump’s declaration at the...
UK cost of living squeeze eases after record fall in diesel prices, and drop in mortgage rates – business live
Introduction: UK diesel prices record biggest monthly drop on record, RAC saysGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.The plummeting...
