Fitch downgrades US credit rating from AAA to AA+
The rating agency Fitch says it expects a deterioration in the government’s finances over three years....
UK house prices fall at sharpest rate for 14 years, says Nationwide
The building society says annual prices dropped by 3.8% and affordability “remains stretched”....
Food price inflation slows to lowest level this year
But overall, shop prices are still 7.6% higher this July compared with a year ago....
Taxes on wine and spirits rise as alcohol duty overhauled
A shake-up of the duties levied on alcoholic drinks will push up the price of stronger drinks....
Etsy faces growing calls to boycott its services after withholding sellers’ money
Sellers on the online marketplace are calling for a boycott in protest at its reserve system....
Savings: Banks with lowest rates will face action, watchdog warns
The UK’s financial regulator says it will take “robust action” if banks offer unjustifiably low rates....
Latest rail strike hits – will there be more?
Members of the Aslef train drivers union are starting another week-long overtime ban on Monday....
Key consumer protection powers come into force
The Consumer Duty should put more onus on financial firms to ensure customers are dealt with fairly....
Etsy accused of ‘destroying’ sellers by withholding money
The online marketplace has come under fire for putting 75% of sellers’ takings on hold for 45 days....
‘The cost of living started my shoplifting’: Why stealing goods is on the rise
With shoplifting on the rise, we speak to some people about why they do it and others about their experiences facing it....