Wednesday, 29 July 2026
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Cuba’s economy needs urgent changes to overcome a crisis intensified by a US oil blockade, the president, Miguel Díaz-Canel, has said in a speech to Communist party leaders.
Uncertainty over the impact of high energy prices has led policymakers at the Bank of England to hold interest rates at 3.75%.
Since 2020, the stock market has more than doubled. Americans who own substantial financial assets are reveling in economic success. For everyone else, the economy feels very different. This summer, the average family w…
The Bank of England has held interest rates at 3.75% for a fourth consecutive time, keeping them at the lowest level since February 2023.
Sky News - Governor, you’ve held interest rates where they are when we’ve had some more positive news round inflation, oil prices are coming down. It feels like a rosier picture, but you're still pretty cautious? Govern…
The number of job vacancies has fallen to its lowest level for five years as businesses cut back on recruitment, according to the latest official figures.
Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.
The City watchdog has closed an investigation into the power generator Drax after an almost 10-month review into the sourcing of wood pellets for its biomass station.
Property sales in Dubai have fallen “off a cliff”, a leading market watcher has said, after war in the Middle East forced a dramatic slowdown in one of the world’s most expensive real estate markets.
In 2024, the buy-now-pay-later company Klarna announced that it would cut hundreds of customer service roles and begin using an artificial intelligence chatbot instead. The move was expected to save the company millions…
Tesco’s UK sales growth has more than halved as it said the conflict in the Middle East had created “ongoing uncertainty for many households”.
The US Federal Reserve left interest rates unchanged for the fourth time this year after its first meeting under new chair, Kevin Warsh, a Donald Trump appointee who has taken over the central bank during a tumultuous t…
The Federal Open Market Committee approved the following statement for release by a 12 â 0 vote:
Membership of the European single market was at stake when the UK voted on Brexit, but it was not the decisive question in the campaign. The leave campaign dishonestly promised a cost-free severance of ties with Britain…
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When 200,000 protesters gathered to meet the G8 summit in Genoa , 25 years ago, their point (our point, in fact; I went on a coach, it took two and a half days) was that eight rich nations shouldn’t dictate the rules to…
Hyundai will be targeted by protesters at a rally before the Group A game between Mexico and South Korea in Guadalajara on Thursday, due to the World Cup sponsor’s business dealings with the South American mining compan…
Ivan Rogers, Britain’s EU ambassador from 2013 to 2017, says party’s ideas did not ‘remotely measure up’ to challenge
UK inflation unexpectedly remained at 2.8% last month as higher transport and fuel costs were offset by slower food price rises, official figures have shown.
Food prices rose at the slowest rate since December 2024 with declines in inflation for meat, cheese, vegetables and cheese
Upgrade to Buchanan Galleries part of £50m spend this year and £800m by 2029 to revive appeal of department stores
Brands are expected to cut more than £1bn of digital advertising spending due to the UK’s ban on social media for under-16s, with streaming services tipped to benefit as advertisers try to reach large audiences of teena…
The rules have changed and more taxpayers are being pulled into the net, not only the wealthy
He is known as the “wolf in cashmere” – the owner of the world’s biggest luxury group whose brands including Louis Vuitton, Dior and Tiffany have made him one of the world’s richest people.
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