Bank boss tells BBC he won’t rush interest rate rises
Bank of England governor says the Iran war energy shock makes the next rate decision “very very difficult”....
US war on Iran was a ‘mistake’, says Reeves
The chancellor’s criticism follows a report that the conflict will hit the UK harder than other big economies....
AA fined and ordered to refund learner drivers for hidden fees
The owner of the AA and BSM driving schools failed to disclose fees upfront during online booking....
Help to Buy mostly helped high earners, IFS says
People with lower incomes benefitted less from the house-buying scheme than those with high incomes, the influential think tank says....
US Treasury secretary tells BBC ‘bit of pain’ worth long-term security
Scott Bessent said a “small bit of economic pain” was worth it to eliminate the threat of Iranian strikes on Western capitals....
UK faces biggest hit to growth from Iran war of major economies, IMF says
The financial body cuts its growth forecast for the UK and warns the war threatens to throw the global economy “off course”....
Households could get free electricity for doing washing on sunny weekends
Providers will be able to encourage people to use energy when “weather conditions result in excess supply”....
Founder of China’s Evergrande pleads guilty to fraud
Evergrande was once China’s biggest real estate firm, with a stock market valuation of more than $50bn....
Oil prices ease on hopes of new US-Iran peace talks
Crude prices jumped above $100 on Monday after talks failed between the two sides at the weekend....
Man charged with attempted murder in attack on home of OpenAI’s Sam Altman
The Texas man, who also faces federal felony charges, allegedly had documents advocating for violence against AI executives....