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Economics News and Commentary
 
News: BBC News: Economy

The secretive crypto firm backed by Farage's biggest donor
Tether is a giant in crytocurrency, an industry that Nigel Farage believes the UK should be embracing.

'Keeping kids entertained can be expensive so VAT cut will help'
Parents welcome a government scheme but a charity warns it will not solve the cost-of-living crisis.

Interest rates may need to rise this year, says Bank of England economist
Chief economist at the Bank of England says slower growth and inflationary pressures mean rate rise needed

One million more UK homeowners set to face higher mortgages
Homeowners face paying £45 a month more on average when they move onto a new deal over the next two years.

Why the expected fight over the North American trade deal never kicked off
The US has confirmed it will not extend the agreement for another 16 years, but stopped short of more dramatic action.

World Cup boom falters as US hospitality jobs fall in June
There had been early signs of a jobs boom from the tournament, but hospitality jobs declined in June.

Plea for households to read energy meter as prices rise
Household energy prices have risen by 13% a year as regulator Ofgem's latest price cap kicks in.

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.

Homes harder to sell as high mortgage rates frustrate buyers
Three in five homes listed for sale since January remain on the market, says property portal Zoopla.

Supreme Court blocks Trump's attempt to fire Federal Reserve Governor Lisa Cook
The decision, seen as a win for central bank independence, sends the fight over removal back to the lower courts.

Burnham's 'Manchesterism' could change the UK, but is not yet a full economic plan
Andy Burnham's speech depicted a different way of seeing and running the UK, though there are many other questions about the detail.

How you can save money on your energy bill as debts rise
Experts say support is available as total debt and arrears to suppliers hit a new record.

Rethink
Could the US dollar lose its number one status?

The legal fight to get equal pay for Germany's disabled workers
A test case is seeking the minimum wage for 300,000 disabled people who currently get paid less.

The economic challenges facing the next prime minister
Though the person in charge of the country will change, the fiscal issues remain the same.

Alan Greenspan, architect of the modern American economy, dies aged 100
As chairman of the Federal Reserve, Alan Greenspan became the world's most high-profile banker.

Plans to end gazumping with binding agreements in house sales shake-up
Sales agreements will be legally binding sooner and making sellers provide more home information up front are part of the planned changes.

Warning over 'fragile' public finances as borrowing rises
The UK borrowed £23.3bn in May, according to official figures, up almost a third on the same month last year.

Americast
The US economy backs Elon Musk’s vision for AI and sending people into space

Interest rates held as Bank warns of impact of high energy prices
The Bank last cut interest rates in December but upheaval in the Middle East has stalled any further reductions.

What's happening to UK interest rates and what does it mean?
The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.

Number of job vacancies hits five year-low
Latest figures suggest companies are becoming more cautious about taking on new staff.

Warsh to review how Fed works after holding US interest rates at first meeting
The Federal Reserve held rates between 3.5% and 3.75% after Kevin Warsh's first meeting in charge of the central bank.

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.

 
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