UK inflation rises to 3.1% as fuel costs put Bank of England in focus
There's nothing like talk of energy prices and potential higher borrowing costs to remind us that the summer holidays are well and truly over.
Economy
Dollar consolidates ahead of Fed rate decision and Warsh signals
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‘We need to get it right’: union gusto for Burnham will face make-or-break tests
Louise Haigh, the UK first secretary, got a standing ovation from trade union members in Brighton this week, as she acknowledged what she called “the necessity to be bolder in this second chance that we’ve been allowed”.
Revealed: the UK towns with the fewest jobs for young people
Young people in Rotherham face a local jobs market with the fewest suitable opportunities in Britain, according to a report that warns stark regional divisions are fuelling a crisis in youth work.
Mayors and other local leaders could be given powers to oversee water firms
Mayors and other local politicians could be given powers to oversee water companies under plans being considered by the UK government to bring utilities under greater public control.
How rising bond yields impact American consumers
The BBC’s Samira Hussain explains why some could see increased interest rates for mortgages and business loans.
August UK inflation report expected to show rising inflation
The United Kingdom (UK) Office for National Statistics (ONS) will publish the highly anticipated Consumer Price Index (CPI) data for August on Wednesday at 06:00 GMT.
Indian Rupee remains near seven-week low ahead of Fed's decision
The Indian Rupee (INR) holds onto over-a-week long losses against the US Dollar (USD) on Wednesday. The USD/INR pair trades firmly near its seven-week high at around 96.00, as the Indian currency remains under pressure …
Silver Price Forecast: XAG/USD bears have the upper hand below $64.00 and 200-day EMA
Silver (XAG/USD) struggles to capitalize on the previous day's modest gains and fails to break above the $64.00 round figure during the Asian session on Wednesday. Traders now seem hesitant and opt to wait for the highl…
Airlines should pay for CO2 removal if Heathrow expands, say climate advisers
Heathrow airport should be allowed to expand only if airlines pay for the removal of carbon dioxide from the atmosphere, the government’s climate advisers have said.
PBOC’s Pan says will rely less on loan growth targets and more on rate tools to guide policy
The People’s Bank of China (PBOC) Governor Pan Gongsheng said on Wednesday that the Chinese central bank will rely less on loan growth targets and more on interest rate tools to guide policy.
Euro sticks to losses near one-month low as USD bulls retain control ahead of Fed decision
The EUR/USD pair sticks to a negative bias for the fifth straight day and trades around the 1.1535-1.1530 area during the Asian session on Wednesday. Spot prices remain close to a one-month trough, touched on Monday, as…
AI app ads promoting 'objectification of women' banned by watchdog
A series of social media adverts for AI apps have been banned by a UK watchdog for promoting "the creation of sexually explicit content and objectification of women".
Expect even more potholes on UK roads after summer heatwaves, says RAC
The UK’s dilapidated roads are expected to get even worse, with motorists warned to expect a jump in the number of potholes as result of the country’s hottest summer on record.
EUR/JPY Price Forecast: Holds ground above 179.00 within oversold territory
EUR/JPY gains ground for the third successive day, trading around 179.10 during Asian hours on Wednesday. Technical analysis of the daily chart shows the currency cross trading within a descending channel, keeping the o…
New Zealand Dollar drops as RBNZ’s Silk to exit in December
NZD/USD extends its losses for the third consecutive day, trading around 0.5750 during Asian hours on Wednesday. The currency pair faces downward pressure primarily due to a weakening New Zealand Dollar (NZD) following …
The extreme engineering of aircraft windows
In late May, a chemical storage tank with more than 7,000 gallons of toxic material began heating up â fast. The tank belonged to GKN Aerospace, a company that supplies parts to the aviation industry, including aircra…
Do you feel guilty when calling in sick at work? This might be why...
Research suggests, external anywhere between a third to a half of people in the UK work even when sick - something experts call presenteeism.
Burnham and Trump to hold first face-to-face meeting in New York - The Times
If, as expected, Andy Burnham becomes the British prime minister later this month, one of his first telephone calls is likely to be with Donald Trump.
United States Dollar Index gains ground ahead of Fed interest rate decision
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is continuing its winning streak for the sixth consecutive day and trading around 99.70 during Asian hours on Wedn…
Messi has been called up to the Argentine national team for his farewell match
Eight-time Ballon d'Or winner Lionel Messi has been called up to the Argentine national team for his farewell match with the national squad. This was announced by the press office of the Argentine Football Association.
We are all new job starters - here's how we got through the first few days
Adjusting to a new job is always nerve-wracking, especially if it's a role you've wanted for a while.
Australian Dollar weakens below 0.7150 as markets brace for Fed rate decision
The AUD/USD pair declines to around 0.7120 during Asian trading hours on Wednesday. Expectations of a US interest rate hike provide some support to the US Dollar (USD) and act as a headwind for the pair. Traders brace f…
UK in talks about joining global defence bank led by Canada
The UK government is in discussions about joining a global investment bank, aimed at raising more money for defence spending.