Finance

Russia hikes interest rates to 12% as rouble falls

Posted on 15th Aug 2023

The Bank of Russia raises rates sharply in an attempt to boost the currency and lower inflation.

China suspends youth unemployment data after record high

Posted on 15th Aug 2023

The country's central bank also unexpectedly cut key interest rates as it tries to boost the economy.

Target sales suffer after Pride month backlash

Posted on 16th Aug 2023

Boss Brian Cornell says firm will apply what it had "learned" from the controversy.

Interest rates: How a rise affects you and your money

Posted on 16th Aug 2023

The Bank of England has put up interest rates 14 times in a bid to slow price rises.

UK inflation rate drops but more interest rate rises expected

Posted on 16th Aug 2023

The fall to 6.8% looks like good news but there is more to be done to get the economy back on track.

UK rent rises at the highest rate seen for years

Posted on 16th Aug 2023

Prices paid by UK renters rose by 5.3% on average in the year to July - the highest level seen since 2016.

What is the Bank of England and why does it change interest rates?

Posted on 16th Aug 2023

The Bank of England has put up interest rates to 5.25% as it tries to control inflation.

What is the UK inflation rate and why is it so high?

Posted on 15th Aug 2023

The rate at which prices are rising remains high, driven by soaring food prices.

Monzo on top of banking satisfaction rankings

Posted on 15th Aug 2023

Although its score has dropped, the challenger bank leads a regulator's banking league table.

Wage surge raises prospect of further interest rate hike

Posted on 15th Aug 2023

Regular pay grew at 7.8% but the data has increased the possibility of another interest rate rise.

Interest-only mortgages: Warning against over-optimism in clearing debts

Posted on 15th Aug 2023

Some people do not realise they might not be able to clear their final debt, research suggests.

Russia hikes interest rates to 12% as rouble falls

Posted on 15th Aug 2023

The Bank of Russia raises rates sharply in an attempt to boost the currency and lower inflation.

China halts youth unemployment data as economy falters

Posted on 15th Aug 2023

The country's central bank also unexpectedly cut key interest rates as it tries to boost the economy.

Japan economy gets major boost from weak currency

Posted on 15th Aug 2023

The weakness of the yen has helped Japanese exporters as it makes their products cheaper overseas.

Russian rouble falls to 16-month low against US dollar

Posted on 15th Aug 2023

The currency has been hit by rising imports and higher military spending for the Ukraine war.

Petrol prices: Why are they going back up?

Posted on 14th Aug 2023

Motoring organisations warn price rises will pile pressure on families and small businesses.

What's next for Wilko and its 12,500 workers?

Posted on 14th Aug 2023

The retailer is in administration but that doesn't necessarily mean it will disappear from the High Street.

Pay: Firms fight back with counteroffers to keep staff

Posted on 14th Aug 2023

A survey finds companies are willing to match or better new job offers but risk fuelling inflation.

Mortgage rates are falling but don't celebrate yet

Posted on 13th Aug 2023

A number of lenders are cutting rates but experts say it may be too early to call it a turning point.

Amazon releases some seller funds after complaints

Posted on 13th Aug 2023

Amazon withheld some seller takings temporarily but is releasing them after some businesses came close to collapse.