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Economics News and Commentary
 
News: BBC News: Economy

Hospitality jobs boom as US prepares for World Cup
It is the third month in a row US jobs figures have beaten expectations.

Is there an AI stock market bubble, and is it ready to burst?
Despite the Iran war, inflation and debt fears, US markets keep hitting record highs, fueled largely by AI. BBC's Samira Hussain looks into whether that bubble will burst.

British Heart Foundation plans to close 150 charity shops
The charity says it is facing "an exceptionally challenging trading environment".

Top UK chefs call for cutting VAT for pubs and restaurants to 10%
Tom Kerridge, Yotam Ottolenghi, Ravneet Gill and Simon Rogan told BBC Newsnight VAT should be halved to ease mounting pressure on the hospitality industry.

Is 'out of control' US tipping culture spreading overseas?
With US waiting staff getting cross at receiving less than 20%, tips are also on the rise elsewhere.

How you can save money on your energy bill
Experts say action now can save money when the pinch comes this winter.

Energy bills to rise for millions as impact of Iran war hits
A household using a typical amount of energy will pay £221 a year more, under the regulator's new price cap.

'I live in survival mode': The rise of the multi-job workforce
More people are taking second jobs as rising costs and insecure work reshape how we earn a living.

Trump wants new Fed chair to be 'totally independent'
The US president piled major pressure on Kevin Warsh's predecessor to cut interest rates.

Borrowing in April hit highest level since Covid
Borrowing was higher than expected last month and retail sales fell as fuel prices surged.

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.

Supermarkets hit back over pressure to cap price of milk, bread and eggs
A minister confirms talks have taken place but says there will be no mandatory cap on essential food prices.

Inflation falls to 2.8% but is expected to rise from here
Energy prices were lower due to the government's energy bill support package and lower wholesale prices before the Iran war.

Will UK interest rates go up?
The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.

What is happening to UK prices?
The war in Iran is expected to push UK Inflation further above the Bank of England's 2% target.

Business Daily
Trump's pick for the US Fed chair risks rebuke from the president if rates do not fall

UK growth forecast upgraded by IMF but risks remain
Growth has been upgraded from 0.8% to 1% for 2026 in the influential body's latest forecast.

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.

'They took £20,000 I didn't owe': Parents hit by child maintenance errors
John Hammond is one of 30 parents who told BBC Your Voice they'd experienced problems with the CMS.

UK borrowing costs rise and pound falls as leadership drama continues
Analysts say the moves have been fuelled by concerns a Burnham-led government would increase government borrowing.

Faisal Islam: Six things we now know about the UK economy in charts
The UK economy is showing resilience – it’s worth diving into the data in more detail to understand why.

UK economy sees surprise growth in March despite Iran war
The economy grew by 0.3% in the month, official figures show, confounding analysts' forecasts of a small contraction.

Trump's Fed chair pick Kevin Warsh confirmed by US Senate
Kevin Warsh was confirmed by the narrowest margin since the role required a Senate confirmation vote.

US inflation jumps to 3.8% as energy costs surge from Iran war
The key measure of US inflation rises its highest level since May 2023 as consumers feel the impact of the Iran war.

 
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