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Economics News and Commentary
 
News: BBC News: Economy

Surprise fall in US jobs last month as slow summer continues
Analysts had expected an uptick in the number of jobs created, but the number of roles fell by 23,000 in July.

Bank holds interest rates but says it is ready to raise them if Iran war escalates
The Bank also expects the economy to grow more than previously forecast this year, although uncertainties remain because of the Iran war.

US economic growth sees surprise slowdown in second quarter
The economy grew at an annual rate of 1.5% in the three months to June, down from 2.1% seen in the previous quarter.

What's happening to UK interest rates and what does it mean for mortgages?
The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.

'No magic wand' to tackle high prices, Fed boss says as US interest rates held
The Federal Reserve's decision, which was broadly expected, means rates remain between the 3.5% and 3.75%.

What happens here has a big impact on your money
BBC business reporter Dearbail Jordan explains how it works from inside the Bank of England.

Would you choose £50,000 over the chance of £1m?
The vast majority of people - particularly women - answer a survey saying they'd take the certainty over chance.

What does an Andy Burnham-led government mean for your money?
The new PM says he will look at how much people can earn before paying tax but there will be no change yet.

What is happening to UK prices?
UK inflation dropped slightly in June 2026, but higher energy costs are expected to push it back up.

How much money does the UK government borrow, and why does it matter?
The UK government borrows to fund day-to-day spending as well as long-term infrastructure projects.

UK borrows less than expected in June but public finances remain a challenge
Public finances for last month were better than expected but the UK is carrying major debt.

Jobs, borrowing and taxes: Andy Burnham's economic challenges
The person in charge of the country will change but the financial challenges remain the same.

Business Daily
China's economy slows, New York targets AI centres, and the ‘king of fruits’ giveaway

Chip giant TSMC pledges another $100bn to expand US production
The company says it will create "high-tech, high-paying jobs", and raises its total commitment to the US to $265bn.

What's happening to the UK economy and how does it affect you?
The rate of UK economic growth affects things like pay increases and the amount of tax raised.

UK economy returns to growth in May
The modest growth reverses a slight contraction that had been seen the previous month.

Gas prices drive down US inflation - but will it last?
While the US inflation rate fell in June, concerns remain over price rises increasing again due to the renewed conflict in the Middle East.

The mysterious crypto firm backed by Farage's biggest donor
Tether is a giant in crytocurrency, an industry that Nigel Farage believes the UK should be embracing.

'Keeping kids entertained can be expensive so VAT cut will help'
Parents welcome a government scheme but a charity warns it will not solve the cost-of-living crisis.

Interest rates may need to rise this year, says Bank of England economist
Chief economist at the Bank of England says slower growth and inflationary pressures mean rate rise needed

One million more UK homeowners set to face higher mortgages
Homeowners face paying £45 a month more on average when they move onto a new deal over the next two years.

Why the expected fight over the North American trade deal never kicked off
The US has confirmed it will not extend the agreement for another 16 years, but stopped short of more dramatic action.

World Cup boom falters as US hospitality jobs fall in June
There had been early signs of a jobs boom from the tournament, but hospitality jobs declined in June.

Plea for households to read energy meter as prices rise
Household energy prices have risen by 13% a year as regulator Ofgem's latest price cap kicks in.

 
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