Bank of England economist sorry for 'accept you're poorer' remark
Posted on 16th May 2023
Huw Pill says he regrets saying people should get used to being poorer or risk high inflation.
News
Finance
Asia is spending big to battle low birth rates - will it work?
Posted on 17th May 2023
Governments in the region are spending hundreds of billions of dollars trying to reverse the trend.
A simple guide to debt ceiling, and what the 14th amendment has to do with it
Posted on 17th May 2023
The US government could start to run out of money within weeks - how did we get to this point?
Eleven million Britons struggling to pay bills
Posted on 17th May 2023
The UK's financial regulator says 40% more adults are finding it hard to pay debts and bills.
Why inflation is falling but prices are still rising
Posted on 17th May 2023
We report this percentage every month but here are three things you may not know.
Vauxhall-maker warns Brexit may force it to close UK factory
Posted on 18th May 2023
Vauxhall-maker Stellantis is calling on the government to renegotiate some Brexit rules or risk losing electric
Chancellor Jeremy Hunt: Office working should be default
Posted on 18th May 2023
Jeremy Hunt says while home working has benefits, he worries about a "loss of creativity" for firms.
are selling a product that we hope gets discontinued'
Posted on 18th May 2023
The firms aiming to help eradicate invasive species by making commercial use of them.
Could a US debt default unleash global chaos?
Posted on 19th May 2023
The BBC examines four ways you could be affected if the US fails to reach a deal on its debt.
Could a US debt default unleash global chaos?
Posted on 19th May 2023
The BBC examines four ways you could be affected if the US fails to reach a deal on its debt.
Supermarkets probed over food and fuel prices
Posted on 16th May 2023
The competition watchdog will look at whether a failure in competition means customers are overpaying.
What is the UK inflation rate and why is the cost of living rising?
Posted on 16th May 2023
The rate at which prices are rising remains high, driven by soaring food prices.
A simple guide to debt ceiling, and what the 14th amendment has to do with it
Posted on 17th May 2023
The US government could start to run out of money within weeks - how did we get to this point?
Why inflation is falling but prices are still rising
Posted on 17th May 2023
We report this percentage every month but here are three things you may not know.
Princess of Wales's parents' party firm sold after collapse
Posted on 18th May 2023
Party Pieces, started by Carole Middleton in 1987, is sold after falling into administration.
China overtakes Japan as world's top car exporter
Posted on 19th May 2023
The jump in China's exports was boosted by rising demand for electric vehicles and increased sales to Russia.
Asda consults on cutting pay for 7,000 workers
Posted on 18th May 2023
The supermarket chain says it is consulting on whether higher pay for some employees "makes sense".
Train strikes: New RMT walkout means three strikes in four days
Posted on 19th May 2023
Members of the RMT union will strike on Friday 2 June in a national dispute with 14 train companies.
Ovo and Good Energy forced to refund overcharged customers
Posted on 18th May 2023
The average repayment to affected Ovo customers will be £181, while Good Energy will refund £109.
BT to cut 55,000 jobs with up to a fifth replaced by AI
Posted on 18th May 2023
The telecoms giant plans to shed up to 40% of its workforce by the end of the decade to cut costs.
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