House prices to fall and rents to rise in 2024, forecasts suggest
UK house prices are expected to fall in 2024, according to analysts and lenders, while the cost of renting a home will continue to rise...
Bank of Russia Governor Says She Is Bracing for More Sanctions
Bank of Russia Governor Elvira Nabiullina, who helped the Kremlin absorb the blow from sweeping sanctions over the invasion of Ukraine,...
Fears of higher oil prices after Red Sea attacks
Attacks on commercial ships in the Red Sea risk pushing up the price of oil and other goods, analysts have warned.
Several firms have ...
Why is inflation higher in UK than other countries?
The UK's inflation rate has fallen to the lowest level in more than two years, but the cost of living is still rising faster here than ...
Inflation falls to lowest level in over two years
UK inflation fell by more than expected last month, driven largely by a drop in fuel prices.
Prices rose by 3.9% in the year to No...
BP pauses all Red Sea shipments after rebel attacks
Oil giant BP will pause all shipments of oil through the Red Sea after recent attacks on vessels by Houthi rebels.
The firm blamed the...
Interest rates: Too early to speculate about cut, says Bank boss
It is "too early" to speculate about when UK interest rates will be cut, according to the governor of the Bank of England.
Andrew ...
Federal Reserve signals interest rate cuts next year
The US central bank has signalled it could start cutting interest rates next year if inflation continues to fall.
Forecasts releas...
Elon Musk’s Tesla recalls two million cars over Autopilot defect
Tesla is recalling more than two million cars after the US regulator found its driver assistance system, Autopilot, was partly defectiv...
Macy’s shares surge on hopes for $5.8bn buyout
Shares of US department store Macy's have surged on hopes of a $5.8bn (£4.6bn) buyout deal.
An investor group has offered to pay $...