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The Resolution Foundation says the £4.4 bn cost‑of‑living package announced by Chancellor John Healey is poorly targeted, leaving even recipient families with higher energy bills than during the last price shock.
Chancellor John Healey cuts business rates for more small firms and caps the minimum wage rise for younger workers, prompting mixed reactions from retail and hospitality owners.
The Office for Budget Responsibility warns that higher energy prices could affect prices, living standards and economic growth in the UK.
The chancellor announced measures in the Budget that will affect under‑25s, covering housing and minimum wage.
The Federal Reserve voted to keep interest rates unchanged despite rising inflation, marking its last rate decision before the midterm elections.
The Federal Reserve kept borrowing costs unchanged after a September rate hike, the first in three years.
Chancellor Healey says Britain will chart a new course, but the Iran war limits his options.
The BBC explains who is eligible for the £100 energy payment and when it will be paid, a scheme expected to reach millions from January.
UK tax thresholds for starting to pay tax and entering the higher rate have been frozen for three years, affecting take‑home pay.
Fed officials will announce their next interest‑rate decision this week, following September’s first hike in three years.
Chancellor John Healey's first Budget, announced on 28 October 2026, includes measures that will directly impact pay, energy bills and personal savings.
The Central Bank of Sri Lanka announced that 27 companies, applications and organisations have been designated as prohibited schemes after investigations under Section 83(C) of the Banking Act.
Federal Reserve Chairman Kevin Warsh convened a press conference following the central bank's latest interest rate decision.
UK equality watchdog says employees should legally be able to find out co‑workers' salaries.
Chancellor John Healey announced the removal of standing charges from household gas bills, a move praised by Nesta’s Andrew Sissons as progressive, cost‑free for the Treasury and beneficial for poorer households and electrification.
The Villa Vie Odyssey halted its voyage in Cambodia because of soaring fuel costs, leaving passengers stranded while the operator arranges temporary living arrangements.
New data show Chinese families now support more elderly than children, marking a milestone as Beijing deals with an ageing population.
John Healey delivers his first budget amid a Middle East war‑driven economic shock, tackling youth jobs, Brexit fallout, cost‑of‑living pressures and fiscal rules.
The White House eases its hardline stance on Canada trade amid rising voter worries about inflation linked to tariffs, just days before the midterm elections.
UK retailers see surge in bottled water, tinned food, wind‑up radios and torches after government emergency stockpile advice.
Business analyst and certified financial planner Jill Schlesinger offers tips for avoiding debt during holiday shopping.
HSBC CFO Pam Kaur says there is no pressure to move the bank’s headquarters out of the UK despite speculation over upcoming tax increases.
BTG reports 738,144 UK firms in significant financial distress in Q3 2026, the highest level since 2004, prompting calls for more budget support.
HSBC reported a 32% rise in profits, prompting renewed calls for new bank taxes in the UK budget, while its CFO addressed a recent Google Cloud outage and discussed AI, risk management and hiring plans.
People earning between £380 a month and £150,000 a year shared their wishes for the upcoming UK Budget with the BBC.
Donald Trump heads into the US midterm elections facing an economic issue similar to that of President Joe Biden.
The British Retail Consortium reports shop price inflation rose to 2.1% year‑on‑year in October, the highest in two and a half years, signalling retailers are beginning to pass on higher energy and food costs.
AI startup Anthropic disclosed its IPO filing, which could become one of the largest stock debuts, NBC News reports.
A study by think‑tank E3G finds the UK’s £15 bn Warm Homes plan—focused on home insulation and heat‑pump installation—could slash household energy bills by £1 bn a year, generate about 50,000 jobs and add £1.6 bn to the economy, far outweighing the modest impact of the proposed R
The BBC examines a crackdown on sports piracy, questioning if efforts to stop illegal TV sticks and streaming links are getting out of hand.
Bank of England Governor Andrew Bailey joined finance leaders from France, Germany and several Scandinavian and Baltic nations in walking out of an IMF meeting in Bangkok when Russian Finance Minister Anton Siluanov addressed the group in Russian.
“I have this sense that, within a few months, AI is going to be all anyone is talking about,” said a cabinet minister, as senior Labour members voiced concerns over AI safety and extremist misuse.
NHS trusts across England are turning down Palantir’s £330 million federated data platform, citing existing systems that are equal or better, with some reporting it as duplicative or retrograde.
President Donald Trump has placed a sweeping Russia sanctions package on hold, waiving many restrictions via an executive order while tensions rise with Ukraine over his criticism of President Zelenskyy.
Tesla CEO Elon Musk showcased a new vehicle at a SpaceX facility, prompting questions about a possible flying car.
Elon Musk unveiled Tesla’s Roadster 2, a two‑person sports car that uses SpaceX rocket thrusters to lift off, flip and land, claiming it’s the world’s first flying car.
BBC footage shows Israeli settlers attacking Palestinian farmers and setting fire to olive trees during the West Bank olive harvest, underscoring ongoing tensions.
Regulator for Great Britain weighs up reintroducing market stabilisation charge to prevent firms going bust Energy suppliers could be forced to pay a charge to rivals if they lure customers with cheaper deals, as the industry regulator for Great Britain attempts to prevent suppli
Rolling coverage of the latest economic and financial news John Healey poised to raise taxes on banks in budget Elsewhere in the markets today, South Korea’s Kospi share index has recorded its biggest weekly loss since October 2008, down 14.5% this week. Although the Kospi did ri
BBC Verify analysis of data from a UK maritime agency shows 12 vessels were struck in a week.
After Primark announced home delivery, women share why they now avoid physical clothing stores.
Water company tells creditors it will not survive long enough to agree refinancing deal without more money Thames Water has asked its creditors for another £2.4bn as the embattled water company comes close to running out of cash. The UK’s largest water company said on Thursday it
Chancellor John Healey plans to tax Britain’s banks in his 28 October budget to offset public‑finance damage from the Middle East war, while he is in Bangkok where the IMF praised the UK’s fiscal progress.
Britain’s culture secretary, Lucy Nandy, says she may intervene in Sky’s £1.6bn takeover of ITV’s entertainment arm, citing concerns over free expression and news diversity.
US lawmakers introduced legislation targeting Wall Street executives linked to Jeffrey Epstein, while Senator Elizabeth Warren criticized Barclays for failing to vet former CEO Jes Staley’s ties to the convicted sex offender.
Inflation concerns are ramping up ahead of this year's midterms, while Chicago police search for a suspect in an alleged sexual assault at the University of Chicago, as highlighted in CBS News' Eye Opener.
AI‑linked shares tumble as US inflation worries and potential rate hikes trigger circuit‑breaker halts on South Korea’s Kospi 200, sending chip makers like Samsung and investors such as SoftBank sharply lower.
Chancellor John Healey arrived in Bangkok for IMF/World Bank meetings, welcomed the IMF’s endorsement of the UK’s fiscal plan and pledged to stay the course ahead of the upcoming August GDP data.
At a Montana rally, President Donald Trump claimed “very little inflation” despite data showing a 3.7% rise in U.S. inflation over the past year.
Official figures show the UK economy grew, contrary to predictions of a contraction, according to Sky News.