Rolling coverage of the latest economic and financial news, as UK inflation falls to its lowest level since 2015 Latest: Economists predict inflation will stay low Introduction: CPI tumbles to
8.51am EDT 08:51 Record 11.5% fall in Canada GDP in second quarter And there has been an update from Canada, whose second-quarter GDP dropped at an annualised rate of 38.7%.
3.31am EDT 03:31 Stock markets have also retreated across Europe after an initial flurry of positivity (in Germany and France at least). The Euro Stoxx 600 index, which tracks most
Good morning, and welcome to our live coverage of business, economics and financial markets. North American oil prices have sustained five-month-high levels as producers brace for hurricanes that could prompt
France’s Accor is reportedly considering a merger with UK rival InterContinental Hotels Group (IHG) that would create the biggest hotel group in the world. Accor chief executive Sébastian Bazin put
3.17am EDT 03:17 The Bank of England printing works, now De La Rue, in Debden Newly printed sheets of 5 notes are checked for printing mistakes. Photograph: David Levenson /
3.58am EDT 03:58 Almost an hour into trading and the mood on European stock exchanges is, if anything, bleaker. The FTSE 100 has lost 2.5% or 158 points to trade
Rolling coverage of the latest financial news, as investors await the Fed’s first economic forecasts since the pandemic took hold ‘It’s not capitalism’: why are global financial markets zooming up?
“The Fearless Girl” statue outside the New York Stock Exchange. Photograph: Johannes Eisele/AFP via Getty Images Good morning, and welcome to our rolling coverage of the world economy, the financial