Economy

Economy

Why are European countries moving their gold out of North America?

The Netherlands has relocated 86 tonnes of the shiny stuff - what's going on?

BBC News9h ago
Economy

Trump calls for interest rate cut after jobs figures raise hike bets

The president's remarks came as stronger-than-expected jobs figures added to growing expectations that rates could be increased.

BBC News17h ago
Economy

‘There’s no plan’: as instability in global bond markets rises, what are the knock-on effects?

From mortgages to inflation, concerns about the public finances of major economies have wide-reaching consequences When Donald Trump was asked recently about the threat of rising interest rates on US government debt, he told baffled reporters: “The ultimate in

The Guardian18h ago
Economy

US jobs report smashes forecasts; shares in Falklands oil explorers plunge as Argentina threatens sanctions – as it happened

Rolling coverage of the latest economic and financial news, as US economy adds 162,000 new jobs in August US added 162,000 jobs in August, with unemployment rate holding steady It’s official, UK car sales jumped last month. New car registrations rose by 13.7%

The Guardian19h ago
Economy

Populism poses serious challenge to independent central banks, Bailey says

Bank of England governor says central bankers must explain decisions or risk being seen as ‘unrepresentative elite’ The governor of the Bank of England has said the rise of populist politicians presents a serious challenge to independent central banks. As Nige

The Guardian21h ago
Economy

US added 162,000 jobs in August, with unemployment rate holding steady

Number of new jobs being added has been fluctuating, with private companies adding 38,000 jobs in August The US economy added 162,000 jobs in August, an uptick after a sluggish summer for the labor market. The unemployment rate held steady at 4.1%, still down

The Guardian22h ago
Economy

Business Daily

Rising bonds yields and growing government debt could see interest rates start to rise

BBC News2d ago
Economy

UK mortgage borrowers brace for rate jump amid global bond sell-off

Swap rates rise to three-year high as increase in oil prices leads to fears of higher inflation Business live – latest updates Homeowners in the UK are braced for a jump in mortgage rates, driven by higher inflation and interest rate increase expectations amid

The Guardian2d ago
Economy

Rich people more likely to steal children’s sweets, finds Ig Nobel prize-winning study

We round up this year’s winners at awards for achievements that ‘first make people laugh and then make them think’ It’s that time of year again: a select group of scientists have been summoned to a ceremony to receive coveted prizes, be showered in paper plane

The Guardian2d ago
Economy

Bond market turmoil eases, as Bank of England chief economist argues for interest rate rise – as it happened

Rolling coverage of the latet economic and financial news Other European government borrowing costs are dipping this morning too. The yield on 10-year German bunds is down 1.5bps to 3.36%, while French 10-year bond yields are 1.5bps lower at 4.23%. Continue re

The Guardian2d ago
Economy

Yen soars as Bank of Japan tipped to raise interest rates

Jump lifts currency to highest level against dollar in a month, while global markets remain jittery Business live – latest updates The Japanese yen has soared by more than 2% against the dollar amid speculation the Bank of Japan is set to raise interest rates.

The Guardian2d ago
Economy

NI employers named for not paying staff minimum wage

Across the UK, more than 600 employers were ordered to pay affected workers the outstanding wages, with £4m returned to workers.

BBC News2d ago
Economy

China’s demise was gleefully predicted by the west – meanwhile, it built an AI revolution | Larry Elliott

Free AI models that are as good as the investment-hungry US versions will disrupt global markets, and offer Britain a lesson Almost from the moment it began, the end of the Chinese economic miracle has been much anticipated. Thick and fast, the books have come

The Guardian2d ago
Economy

Dutch central bank moves 86 tonnes of gold to UK from US and Canada, citing ‘geopolitical unrest’

Bank says gold reserves held in London could be traded more easily and the move will allow it to respond more rapidly in a ‘crisis situation’ The Dutch central bank says it has moved 86 tonnes of its gold reserves out of the US and Canada to London, citing “in

The Guardian2d ago
Economy

Why wait? Business grads buying firms to install themselves as CEO

Impatient to be the boss of an established company they are borrowing money to fund their purchases.

BBC News2d ago
Economy

The Guardian view on Kemi Badenoch and the economy: a plan stuck in the Tory comfort zone | Editorial

The Conservative leader’s choice of a new shadow chancellor shows a lack of insight into the reasons why the party was defeated at the last election To outlast a prime minister always counts as some kind of achievement for an opposition leader, although Kemi B

The Guardian3d ago
Economy

Burnham beware, the bond markets will demand proper answers in the budget | Nils Pratley

Fair to say the current sell-off is international, but the PM has said little yet to make investors rethink the UK’s status It’s too soon to say the bond markets have turned on Andy Burnham. Tuesday’s spike in gilt yields, taking the UK’s 30-year borrowing cos

The Guardian3d ago
Economy

UK politics: Andy Burnham pressed on borrowing costs and spending at first PMQs – as it happened

Burnham faced questions from Kemi Badenoch and other MPs amid speculation over budget In the news release to mark the first anniversary of his election as the Green party’s leader, Zack Polanski highlighted what he described as 10 achievements during his first

The Guardian3d ago
Economy

Australians are buying EVs instead of holidaying in Europe – and other things we learned from the national accounts

ABS’s snapshot of Australia’s accounts shows economic growth – albeit low – in the face ‘challenging international circumstances’ Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast The Australian

The Guardian3d ago
Economy

Bond market sell-off calms as oil price drops, and Burnham pledges ‘fiscal responsibility’ – as it happened

Rolling coverage of the latest economic and financial news Global bond sell-off intensifies as US-Iran tensions stoke inflation fears Politics Live: Andy Burnham pressed on borrowing costs and spending at first PMQs The Guardian view on the global bond shock:

The Guardian3d ago
Economy

Taxing the banks: what Europe’s windfall levies brought in as Burnham eyes his next move

Ahead of a crucial budget, four countries’ experiments offer a mixed verdict on how to tax bumper profits The countdown is on. Two months out from Andy Burnham’s inaugural autumn budget, bank executives are wringing their hands over whether the government will

The Guardian3d ago
Economy

Why are UK borrowing costs rising and what does it mean for me?

Some government borrowing costs have hit their highest level for 28 years - what does it mean for you?

BBC News3d ago
Economy

The Global Story

Economist Kenneth Rogoff argues that that the era of dollar dominance may be ending

BBC News3d ago
Economy

Global bond sell-off intensifies as US-Iran tensions stoke inflation fears

UK borrowing costs driven up, adding to challenges facing John Healey as he prepares for first budget The global government bond sell-off resumed on Wednesday, driving up the UK’s borrowing costs and exacerbating the challenges facing John Healey as he prepare

The Guardian3d ago
Economy

The Guardian view on the global bond shock: Andy Burnham should take note | Editorial

Japan’s collision with Donald Trump reveals the dilemma facing Britain: economic independence is becoming more necessary – and more tricky to achieve “In the midst of every crisis lies great opportunity” is an aphorism attributed to Albert Einstein . It seems

The Guardian4d ago
Economy

Burnham says Brexit brought ‘decade of low growth’ in first Commons address as prime minister – as it happened

This liveblog is now closed. Read the Guardian’s report of today’s political news here My colleague Richard Partington , the Guardian’s senior economics correspondent, grew up, like Andy Burnham, in the Warrington suburb of Culcheth. He has been home to find o

The Guardian4d ago
Economy

US borrowing costs hit fresh highs over inflation fears

The effective interest rate on 10 years rose to 4.79%, its highest level since January 2025, as oil prices surged.

BBC News4d ago
Economy

Mark Carney tells US to ‘start being serious’ amid escalating trade war

Canadian PM is set to retaliate against tariffs levied by Donald Trump and criticized US officials over insults US politics live – latest updates Mark Carney has rebuked Donald Trump’s administration and urged officials in Washington to “start being serious” a

The Guardian4d ago
Economy

Fed has 'work to do' if price rises don't ease for Americans, Warsh says

Kevin Warsh remarks suggest interest rates could be increased if policymakers think inflation is running too high.

BBC News28 Aug
Economy

Jersey earnings rise by 1.2% after inflation

Statistics Jersey says the increase is "slightly lower" than the long-term annual average.

BBC News26 Aug
Economy

Burnham refuses to rule out tax rises in autumn Budget

Experts have warned that he and Chancellor John Healey will have little room to manoeuvre in their first Budget.

BBC News25 Aug
Economy

'What you see is what you pay' - why some US restaurants are banning tips

Tips are central to US dining culture but some eateries think that they are unfair.

BBC News24 Aug
Economy

Economic adviser O'Neill rules out government job but backs PM's devolution plans

Lord O'Neill, former chief economist at Goldman Sachs, was tipped to become Andy Burnham's chief economic adviser.

BBC News22 Aug
Economy

Watch: How does the US national debt affect consumers around the world?

The debt has more than doubled in a decade to reach a milestone $40tn (£29.4tn), Treasury figures show.

BBC News21 Aug
Economy

US borrowing costs rise as attempts to ease rates prove short-lived

Economists said there were ongoing concerns over the level of borrowing as national debt passed $40tn.

BBC News21 Aug
Economy

Radical

Has Great Britain underestimated its own power and influence in the world?

BBC News21 Aug
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