The Latest Breaking News on Economy

When Emily and Jimmy Black bought their first home in September 2020, their mortgage repayments were tough but manageable. Fast forward less than two years and things are looking very different.

The Reserve Bank has raised interest rates to a decade high 3.35 per cent at its first meeting of the year in a bid to curb sky-high inflation

Tens of thousands of nurses and ambulance workers joined Britain’s largest-ever health sector strike on Monday – the latest walkout to cause disruption at the National Health Service. Public support for striking staff remains high, but negotiations with the government over pay increases have reached a stalemate.

MPC rate setter warns that another rise is “likely” at their next meeting

The action will hit three NHS hospital trusts across Greater Manchester

People are taking to the streets in their thousands not just across Scotland but the UK as a whole, with many people such as NHS staff and teachers fighting for the likes of a better pay as the cost of living soars and their workload increases.

Inflation could become entrenched as Covid, energy shock and Brexit hit economy, says Catherine Mann

Catherine L. Mann said the risk of being too cautious in raising rates is greater than the risk of being too aggressive.

UK’s shortest-serving prime minister says she ‘learned a lot’ from time in government but does not want top job again