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Economics News and Commentary |
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News: BBC News: Economy
Reeves doesn't rule out wider business rates support across hospitality
Chancellor says support for pubs is on its way and leaves the door open for further tweaks to business rates changes
World central bank chiefs 'stand in solidarity' with US Fed chair Powell
Eleven central banks have backed Jerome Powell after the US launched a criminal investigation into the US Fed.
Fed chair Powell hits out at 'unprecedented' probe by US justice department
Jerome Powell said he believed the investigation was due to Donald Trump's anger over the Fed's refusal to cut interest rates.
Trump faces extraordinary moment in spat with Fed chair
Jerome Powell's public response to a DoJ investigation could be a seismic moment for Donald Trump's presidency.
UK set for a 'booming' mortgage market, say analysts
Competition among lenders in the UK suggests that rates could be cut in the coming weeks.
US job creation in 2025 slows to weakest since Covid
Employment growth for the world's largest economy eased significantly last year.
Businesses call to be included in any pub rates backtrack
Shops, pharmacies and music venues want any climbdown on business rates for pubs to apply to them too.
AI robots and plastic made from peas - science to watch in 2026
Why scientists in Cambridge are "optimistic" they can improve our lives and the UK economy in 2026.
The French university where spies go for training
Sciences Po Saint-Germain near Paris trains current French secret agents and potential new recruits.
FTSE 100 hits 10,000 mark for first time
A rally on the first trading day of the new year has taken London's main share index through the milestone.
Late shopper rush drives Boxing Day sales traffic
Figures suggest the surge in post-Christmas shoppers was the strongest in a decade.
US economy grows at fastest pace in two years
Strong consumer spending helps the US economy grow at a faster rate than expected.
Who are the frontrunners for the top Fed job?
Donald Trump is due to name a new leader of the Federal Reserve at a tricky moment.
Gold and silver hit records as investors hunt for safety
Investors are flocking to precious metals amid geopolitical tensions and expectations of more US interest rate cuts.
What is GDP and how fast is the UK's economy growing?
The strength of the UK economy helps determine how much tax the government collects to pay for services.
London's West End bucks Christmas shopping trends
While UK high streets saw a drop in footfall on Black Friday, the West End saw a rise in shoppers.
How much money does the UK government borrow, and does it matter?
The state borrows to fund day-to-day spending as well as long-term infrastructure projects.
Retail sales fall as Black Friday deals fail to lure shoppers
Supermarket sales fell for the fourth month in a row, while discounts did not lift Black Friday spending in November, figures suggest.
AI likely to displace jobs, says Bank of England governor
Andrew Bailey says workers need to be trained to move into jobs that use AI, but adds it might not lead to mass unemployment.
Americast
The president makes a primetime address to the nation.
Will pre-Christmas interest rate cut be enough to boost UK economy next year?
The Bank of England is hoping the interest rate cut will inject some much-needed momentum into the economy.
Interest rates cut to 3.75% but further reductions to be 'closer call'
The decision to lower borrowing costs was widely expected, after inflation slowed in the year to November.
Price increases in the US ease unexpectedly in November
Prices rose 2.7% over the 12 months to November, according to the latest figures from the consumer price index (CPI).
Why are UK prices still rising?
UK Inflation has dropped back from record highs but remains above the Bank of England's 2% target.
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