Cheap money, the Delta variant and China’s sluggish performance add up to tough times aheadFinancial markets these days react to any whiff of tighter monetary policy in the US, so a little drama on Thursday was par for the course after the US Federal R…
Climate tipping points add to the cost of carbon emissions
The presence of tipping points adds to uncertainty, risk, and actual costs.
UK can’t fight climate crisis with austerity, warns expert
Author of government study says Treasury resistance to green spending programmes could halt progress to net zero Imposing “premature austerity” again will undermine the fight against climate change and stop poorer households going green, one of the wor…
Sorry, kids: house prices aren’t going to stop going through the roof
HSBC analysis gives a good half-dozen reasons why buying a house will not get easier for years – which is very bad news for most British youngstersAnyone hoping for a property crash is going to be sorely disappointed. The main element of Rishi Sunak’s …
UK economic recovery speeds up in June after lockdown measures relaxed – business live
GP visits, advertising spending and reopening of hospitality venues all helped economy grow for fifth month running in JuneBREAKING: UK economy returned to growth in Q2Growth faster than expected in JuneONS: Economy is rebounding stronglyGDP up by 1% i…
Will central bank digital currencies dethrone the dollar?
Some say the greenback’s dominance of cross-border payments will be erodedThis week marks the 50th anniversary of “the weekend that changed the world”, when the US president Richard Nixon suspended the dollar’s convertibility into gold at a fixed price…
Pound at 18-month high vs euro as German investor morale takes Covid-19 hit – business live
Rolling coverage of the latest economic and financial newsLatest: Sterling highest since February 2020 vs euroGerman investor morale hit by fourth-wave fearsUS small business confidence falls amid struggle to find workersEarlier:Philip Morris shifts to…
Vectura may face takeover auction; oil hit by pandemic fears; US job openings hit record – as it happened
Rolling coverage of the latest economic and financial news, as cigarette maker Philip Morris and private equity group Carlyle battle to own UK health companyLatest: US job openings hit recordOil hit by China’s Covid-19 restrictions.Auction process loom…
Team GB’s successes can give us insight into the country’s economy
There are lessons to be learned from how and why GB Olympians have gone from under-performer to globally competitive in 25 yearsForget the feelgood factor. The warm glow generated by Team GB winning gold for three-day eventing or the modern pentathlon …
Morrisons receives new £6.7bn takeover offer from private equity investors – business live
Rolling live coverage of business, economics and financial markets as group led by Fortress increases bid following shareholder criticismAsda boss resigns early after private equity-backed takeoverSurprise decline in German production amid chip shortag…