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Economics News and Commentary |
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News: BBC News: Economy
How the Iran war affects your money and bills
The conflict in the Middle East has increased pressure on the cost of petrol, household energy bills and even food.
Minimum wage: Who is getting a pay rise and how much is it?
Increases in the National Minimum Wage and National Living Wage mean 2.7 million workers will be paid more from April.
'We are at the edge of a battlefield': BBC reports near Strait of Hormuz
The BBC's Orla Guerin travels to the edge of the critical waterway that Iran has put a stranglehold on.
US jobs surge unexpectedly in March despite Iran war
Employers added 178,000 jobs, far more than had expected, the Labor Department says.
National Minimum Wage rises this week
Around 2.7 million people are set to receive a pay rise this week as the national minimum wage goes up by 50p to £12.71 for over 21s.
Minimum wage rises to £12.71 an hour as firms warn of impact
Many businesses have said they will have to pass higher wage costs onto customers.
Warning Iran war 'shock' could push up mortgages for 1.3m homeowners
Higher energy prices could lead to higher borrowing costs for homeowners, the Bank warns.
From water to council tax: How the bill rises (and one drop) affect you
A string of bill increases have taken effect but minimum wage and benefit rises will help some to pay them.
Oil nears highest price since start of Iran war
The US-Israel Iran war has halted almost all traffic in a key waterway and the price Brent crude has surged.
Housing market to soften amid Iran war fallout, Nationwide says
The lender says the market regained momentum in March, but rising mortgage and energy costs could hit consumer confidence.
What's happening to the UK economy and how does it affect you?
The rate of economic growth affects things like pay increases and the amount of tax raised.
'Ripple of fear' over Iran war hits consumer confidence
A key survey indicates growing doubt among shoppers over prospects for the UK economy in the next year.
'Affordability is the biggest thing' - Conservatives mixed on economy under Trump
Conservatives gathered at the annual CPAC conference in Texas were mixed when asked about their feelings on the current economy.
UK forecast to see biggest hit to growth from Iran war out of major economies
The OECD downgrades forecasts for many of the world's biggest economies due to the US-Israel war with Iran.
The Briefing Room
What are the reasons for the large number of young people without a job in the UK?
UK inflation rate stays at 3% before Iran war hits oil prices
The speed of price rises in the UK has stayed the same, according to data which was collected before the US-Israel war with Iran began.
Will UK interest rates fall any time soon?
The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.
When will the cash Isa saving limits change?
Chancellor Rachel Reeves announced changes to cash Isa rules, but what are they and how do they work?
Why are UK prices still rising?
UK Inflation has dropped back from record highs but remains above the Bank of England's 2% target.
Should Jersey follow English banknote design?
Jersey's banknotes were last refreshed in 2010 - is it time for a redesign?
Sir John Curtice: Why Labour's Brexit focus has shifted from Leavers to Remainers
Will the pursuit of a closer relationship with the EU risk courting electoral disaster by alienating Brexit-backing voters?
Faisal Islam: Iran war is having a dramatic effect on the UK economy
The knock-on effects of the war in the Gulf go beyond a hold on interest rates and are set to reverberate for months.
Bank ready to raise interest rates if Iran war price 'shock' persists
Policymakers vote unanimously to hold rates at 3.75% after the Iran war prompts a reversal in the debate over borrowing costs.
Pay grows at slowest rate in more than five years
Annual earnings grew at an annual rate of 3.8% in the November to January period, the Office for National Statistics says.
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