Economy
The latest news, updates and opinions on Economy from the expert team here at MoneyWeek
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Federal Reserve raises interest rates by 0.5%
News The latest hike by the Federal Reserve takes the US benchmark rate to 4.25% - 4.5%.
By Rupert Hargreaves Published
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Bank of England raises interest rate by 0.5%
News The Bank of England has raised interest rates once again, this time by 0.5%. This takes the bank’s base rate to 3.5%, the highest it’s been since 2008.
By Rupert Hargreaves Published
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CPI inflation vs RPI inflation: what’s the difference?
Tutorials We’ve been hearing a lot about CPI inflation recently, but what is this metric and why is it different to RPI inflation?
By Manika Premsingh Published
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UK inflation falls to 10.7% but cost of living pressures remain
News CPI is down to 10.7% from last month’s 41-year-high of 11.1%
By Nicole García Mérida Published
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Unemployment rises as over 50s head back to work
News The latest figures from the Office for National Statistics showed a 0.1% increase in unemployment, but a decreased rate of inactivity.
By Nicole García Mérida Published
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UK economy grows 0.5% in October, but storm clouds gather
News The latest data from the ONS showed the economy grew 0.5% in October, but shrank 0.3% in the three months to October
By Nicole García Mérida Published
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Autumn Budget: what does it mean for your finances?
Analysis From tax threshold freezes, changes to dividend allowances and energy help – what does the Autumn Budget mean for you?
By Rupert Hargreaves Last updated
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UK inflation hits 41-year high of 11.1%
News The rising costs of energy and food have pushed the figure up to its highest level since 1981.
By Nicole García Mérida Published
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The best business bank accounts – November 2022
Advice A crucial element of running any business is ensuring you select the right bank account. We’ve rounded up the best business bank accounts to help you make the right decision.
By John Fitzsimons Published
Advice