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Cooling UK labour market ‘questions need’ for Bank of England rate hikes; grocery inflation slows to two-year low – business live | Business

Cool UK jobs market 'questions need for rate hikes' – economistsJames Smith, developed markets economist, UK at ING, said the cooling labour market means...

Top economists urge Burnham to sign UK up to UN initiative on global inequality | Inequality

Forty prominent progressive academics are urging Andy Burnham’s government to join a new global push to tackle inequality.The experts include Nobel winner Joseph Stiglitz,...

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UK summer bookings jump as Britons put off overseas holidays by travel fears | Travel & leisure

Summer bookings at Britain’s hotels and holiday parks have jumped, compared with last year, as fears about flight cancellations and long delays at EU...

UK service sector shrinks amid Iran war disruption and heatwave – business live | Business

FTSE 100 hits four-month highBritain’s blue-chip stock index has hit its highest level since the first week of the Iran war this morning.The FTSE...

US employers added just 57,000 new jobs in June, lower than expected | US unemployment and employment data

US job growth slowed in June as employers added 57,000 new jobs – just about half of what economists had predicted – and the Bureau...

EU urged to exempt UK from car rules that could be worst Brexit impact yet | Automotive industry

The EU’s car industry has called for the UK to be fully included in new “made in Europe” rules that threaten to shut out...

UK house prices flat in June, says Nationwide; higher energy bills cap kicks in – business live | Business

Key eventsUK competition watchdog launches investigation into Nexfibre-Netomnia dealMark SweneyThe competition watchdog has launched an in-depth investigation into the £2bn proposed deal by the...

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