Economy & Money
European economy, markets, the euro, ECB, inflation and business.
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US inflation eases to 3.5% as oil spike stalls Fed rate cuts
A drop in US inflation to 3.5% is likely to be temporary after Middle East tensions pushed Brent crude above $87, keeping pressure…
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US inflation eases to 3.5% on brief Iran truce, but oil prices surge again
A brief US-Iran ceasefire pushed American inflation down to 3.5% in June, but the collapse of that deal and new Gulf tensions thre…
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‘If we die, we die together’: wife of Ryanair passenger almost sucked through window speaks
Svetlana Grković says she grabbed her husband’s legs while was ‘outside up to his chest’ for two minutes Ryanair passenger almost …
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UK wasted £9.9bn on Covid PPE, inquiry finds
A UK public inquiry has found that nearly £10bn of public money was wasted on personal protective equipment during the pandemic, o…
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Energy spike from Iran strikes revives European rate hike bets
A sudden surge in oil and gas prices triggered by US strikes on Iran has forced financial markets to price in further interest rat…
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Chinese car exports top 1m as VW plans up to 100,000 job cuts
A record monthly surge in Chinese car exports has pushed China's trade surplus with the EU to €900m a day, intensifying pressure o…
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Woman's Hour
We hear about a new study exploring the impact hormones have on women with ADHD.
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Removing tax from food could cost £14m - minister
Treasury says a GST removal from essential grocery items would mostly benefit the richest islanders.
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ECB selects 36 payment firms for 2027 digital euro pilot
The European Central Bank has chosen 36 banks and fintechs to test a digital euro starting in 2027, a crucial step toward moderniz…
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Ofwat orders South East Water shareholders to fund £30.5m redress
British regulators are forcing South East Water's shareholders to foot a £30.5m bill for repeated supply failures, signalling a to…
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EasyJet Holidays’ ‘spa’ resort was lacking an on-site spa or gym
We booked the £1,070-a-week retreat because of the facilities, but when we got there they were a round-trip away Last month’s tale…
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European stocks fall as Iran tensions lift oil and China exports surge
European equities dropped and oil prices surged above $86 a barrel after the US escalated strikes on Iran, while record Chinese ex…
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UK regulator fines South East Water £30.5m for supply failures
A record wave of regulatory enforcement in England's privatised water sector continues as South East Water is hit with a £30.5m pe…
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Pop-up free school uniform and prom dress stall
People are being encouraged to donate, swap or take items they need for free.
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Parent cooking classes 'built my confidence'
New cooking scheme aims to help parents learn healthy recipes which are convenient to make.
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Campaigners urge London to adopt city-wide right to grow food on public land
Activists are pressing the Greater London Authority to standardise access to unused public land for urban agriculture, highlightin…
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UK's strict beer rules block investment in no-lo boom
The UK's out-of-step 0.05% alcohol-free threshold is stifling investment in a rapidly growing market, putting it at odds with Euro…
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US Commerce Secretary Lutnick caught in undisclosed Epstein ties
Newly surfaced emails contradict US Commerce Secretary Howard Lutnick's claims of ignorance regarding business ties to Jeffrey Eps…
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Bali tourism expansion drains aquifers and triggers severe water crisis
The rapid expansion of hospitality infrastructure in Bali is consuming over 65 per cent of the island’s fresh water, exposing regu…
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US Mexican food chain Chipotle to open first restaurant in Mexico
Other US fast food brands have struggled to succeed in the countries their dishes originated.
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White House threatens 100% EU tariffs over digital tax as US refunds $81bn
Washington is paying back $81bn in illegal tariffs while preparing a new wave of 100% duties specifically targeting European digit…
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French app Yuka drives supermarket chain to drop 160 additives
The French food-scanning app Yuka has grown to 85 million users and is now pressuring major European retailers like Intermarché to…
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'I don't want to seem tight': How much should you give to the year-end teacher collection?
Collecting money for a joint present might overcome the competitive gift-giving, but it can still cause friction.
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World Cup and heatwave lift UK spending but hurt high street
A temporary surge in UK consumer spending driven by football and hot weather masks a deepening structural shift towards online ret…