Economy
The latest news, updates and opinions on Economy from the expert team here at MoneyWeek
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Wage growth remains stubbornly high – what does it mean for interest rates?
Today’s wage growth figures came in higher than expected, but there are signs that the labour market is cooling. What does it mean for inflation and interest rates?
By Katie Williams Published
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How much is Rishi Sunak worth? Is Rishi richer than the King?
Analysis How much is Rishi Sunak worth? Rishi is the only prime minister in history to be wealthier than the ruling monarch, King Charles III
By Rupert Hargreaves Last updated
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GDP: UK economy exits recession
The latest GDP figures reveal the UK economy grew by 0.6% in the first three months of the year, officially exiting recession. We look at what households and investors can expect next.
By Katie Williams Published
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When will UK interest rates fall? Latest Bank of England predictions
Briefings The Bank of England has kept interest rates at 5.25% for nine months. But when could the base rate go down?
By Henry Sandercock Last updated
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When is the next Bank of England base rate meeting?
The Bank of England held the base rate at 5.25% at its May meeting. When is the next Monetary Policy Committee (MPC) meeting, and where are interest rates heading?
By Katie Williams Last updated
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What is Rihanna's net worth?
Features Rihanna's net worth came mainly from her music in her early days of fame. Now, she's an actress and has her own cosmetics brand. So, how much is she worth?
By Jacob Wolinsky Last updated
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What does a weak yen mean for Japan's economy?
The Japanese yen slumped to a 34-year low. What does a weak yen mean for inflation, interest rates and tourism in Japan?
By Alex Rankine Published
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UK food price inflation rate ‘lowest level in two years’, British Retail Consortium finds
News Food price inflation is at its slowest rate since March 2022, according to the BRC. It also found non-food products have gone into deflation.
By Henry Sandercock Published
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What does conflict in the Middle East mean for oil prices and the economy?
Israel launched a retaliatory strike on Iran in the early hours of Friday morning. Oil prices spiked in response, before falling back again. As tensions escalate, what’s next for inflation and the economy?
By Katie Williams Last updated