Economy
The latest news, updates and opinions on Economy from the expert team here at MoneyWeek
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CPI inflation falls faster than expected in June
The rate of CPI inflation came in below expectations for June, giving a welcome boost to the Bank of England, the government and consumers.
By Rupert Hargreaves Published
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UK wage growth hits a record high
Stubborn inflation fuels wage growth, hitting a 20-year record high. But unemployment jumps
By Vaishali Varu Published
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FCA tells banks to speed up savings rate increases
Record profits and low savings rates spurred the FCA to meet with some of the UK’s top banks.
By Tom Higgins Published
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Recession delayed, not avoided
Stubborn inflation presages trouble for the UK, says Max King. Luckily for investors, the global outlook is healthier.
By Max King Published
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Britain’s inflation problem
Inflation in the UK appears to be remaining higher for longer when compared with similar rich countries. Why? And when can we expect a return to normal? Simon Wilson reports.
By Simon Wilson Published
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UK launches universal basic income trial
A trial of universal basic income will give a lucky few £1,600 every month. But how will the trial work?
By Simon Wilson Published
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Bank of England hikes interest rates to 5%
The Bank has raised rates for the 13th time in a row, as it continues its battle with inflation
By Ruth Emery Published
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UK inflation remains at 8.7% ‒ what it means for your money
Inflation was unmoved at 8.7% in the 12 months to May. What does this ‘sticky’ rate of inflation mean for your money?
By John Fitzsimons Published
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Who is the richest woman in the world?
Analysis Francoise Bettencourt Meyers is the richest woman in the world with a fortune of $91 billion according to Bloomberg.
By Jacob Wolinsky Last updated
Analysis