world news Some farmers face bankrupcy over devastated harvests A European-wide drought is devastating harvests leading to warnings about possible food price increases 01/08/2018
Business UK inflation defies expectations The British pound slipped to a one-week low on Wednesday as lower-than-expected inflation data undermined the chances of an interest rate rise. 13/06/2018
Venezuela Three less zeros for Venezuelan bank notes Venezuelan President Nicolas Maduro has announced that the country's bank notes will be re-issued but with three less zeros. The move is the result of a economic crisis that has seen the bolivar plummet against other currencies. 23/03/2018
World Eurozone inflation lower than expected European Central Bank President Mario Draghi says he sees no reason to change current policy 16/03/2018
World Inflation jump raises rate rise worries in USA America's Federal Reserve may be prompted to act more drastically should inflation take off, and higher interest rates mean slower economic growth. 14/02/2018
Business Bank of England keeps interests rates on hold The Bank of England keeps interest rates on hold as real wages fall and consumers suffer biggest loss of spending power in 40 years. 14/12/2017
Business UK inflation hits near six-year high BoE will have to write to Chancellor after breaking through 2% target ceiling to reach 3.1% in November. 12/12/2017
Business UK economy: moderate growth but inflation remains high UK economy: Britain is on course for its longest fall in living standards since records began, with wages not returning to their pre-financial crisis levels until at least 2025 23/11/2017
Business UK inflation holds firm despite rising food prices UK inflation unexpectedly held steady last month. The annual rate was unchanged from September’s five-and-half year high of 3%, official data 14/11/2017
Business UK inflation highest since 2012 British inflation rose to its highest level in more than five years for September, adding to the likelihood that the Bank of England will raise interest rates next month 17/10/2017
Business UK inflation rises to 2.9% The pound has hit a one-year high after UK inflation climbed to its highest rate in more than five years. The Consumer Price Index showed 12/09/2017
Venezuela Maduro ready 'to be a dictator' to help Venezuela Venezuela continues to reel under a political and economic crisis but President Nicholas Maduro shows no sign of changing course. Maduro says he's willing to be a dictator if it will help turn the country around. 10/09/2017
Business British economy shows signs of 'slowdown' in latest growth estimate Britain’s economy has grown by just 0.3 percent in the second quarter of 2017, marking what government statisticians are calling a “notable slowdown” 26/07/2017
Business Eurozone inflation slowdown confirmed in June Eurostat figures show consumer prices for June were up by an annual rate of 1.3 percent. 17/07/2017
United Kingdom British pay growth lags further behind inflation, but jobless rate drops The new data complicates the debate among Bank of England officials over the need for higher interest rates 12/07/2017