Economy news

• FirstFT: US and India announce defence and technology agreements

  22-06-2023 23:56
  Also in today’s newsletter, the ‘catastrophic implosion’ of the Titan submersible and the Bank of England raises interest rates
  
  Read more

• Zambia agrees debt relief with China and other creditors

  22-06-2023 21:08
  Agreement ends years of fraught talks and tackles roughly half of $13bn of external borrowing
  
  Read more

• Germany locks in more US natural gas as it shuns Russian supply

  22-06-2023 20:51
  State-owned group formed from Gazprom assets to purchase 2.25mn tonnes annually for 20 years
  
  Read more

• Interest rates: Bank of England boss denies wanting recession as rates rise

  22-06-2023 19:59 via bbc.co.uk
  
  "If we don't raise rates now, it could be worse later," Bank of England boss warns as it raises rates again.
  
  Read more

• Advertisement

• Sunak’s future looks tied to success of fight on inflation

  22-06-2023 19:47
  Prime minister and chancellor back BoE governor’s decisions despite restive Tory MPs eyeing impending election
  
  Read more

• Sunak’s future looks tied to Bank of England success on inflation

  22-06-2023 19:47
  Prime minister and chancellor back governor’s decisions despite restive Tory MPs eyeing impending election
  
  Read more

• The Bank of England’s credibility is still on the line

  22-06-2023 18:57
  Half-point rise was a necessary signal of intent to get a grip on inflation
  
  Read more

• BoE seeks to finally get on front foot in fight against inflation

  22-06-2023 18:28
  UK central bank aims to regain credibility with half-percentage-point rate rise
  
  Read more

• Advertisement

• Bank of England seeks to get on front foot in fight against inflation

  22-06-2023 18:28
  UK central bank aims to regain credibility with half-percentage-point rate rise
  
  Read more

• Bailey seeks to get on front foot in fight against inflation

  22-06-2023 18:28
  UK central bank aims to regain credibility with half-percentage-point rate rise
  
  Read more

• Turkey hikes interest rates as Erdogan stages economic U-turn

  22-06-2023 15:18 via bbc.co.uk
  
  Turkey almost doubles its main rate, reversing one of President Erdogan's unorthodox economic policies.
  
  Read more

• Zambia expects creditors to agree restructuring deal ‘in next few days’

  22-06-2023 14:20
  President attends Paris conference in anticipation of an accord to end years of financial limbo
  
  Read more

• Sterling fails to find boost from BoE rate rise

  22-06-2023 14:16
  Pound gives up early gains as investors worry about recession after bigger-than-expected 0.5 percentage point increase
  
  Read more

• Sterling fails to find boost from Bank of England rate rise

  22-06-2023 14:16
  Pound gives up early gains as investors worry about recession after bigger-than-expected 0.5 percentage point increase
  
  Read more

• Bank of England interest rate rise fails to boost sterling

  22-06-2023 14:16
  Pound gives up early gains as investors worry about recession after bigger-than-expected 0.5 percentage point increase
  
  Read more

• US overtakes China as market for South Korean goods

  22-06-2023 14:05
  Shifts in supply chains part of changing pattern of global trade
  
  Read more

• Basket-case central bank does bumper interest rate hike

  22-06-2023 13:23
  wow
  
  Read more

• Turkey’s central bank brings low-rate era to close with 6.5 percentage point rise

  22-06-2023 13:15
  New governor Hafize Gaye Erkan raises benchmark rate from 8.5% to 15%
  
  Read more

• DS Smith pre-tax profits soar 75% on price rises as demand slumps

  22-06-2023 13:10
  Cardboard-box maker suffers first decline in volume in 15 years
  
  Read more

• China’s dominance of solar poses difficult choices for the west

  22-06-2023 13:00
  The unpalatable truth is that green technologies mean we will have to find ways to co-operate with Beijing
  
  Read more

• FirstFT: Bond market flashes red

  22-06-2023 12:31
  Also in today’s newsletter, FTC accuses Amazon of tricking customers and Disney’s challenge to revive its fortunes
  
  Read more

• An impasse over finance between rich and poor that threatens the planet

  22-06-2023 12:00
  Advanced and emerging economies alike need to restore the clout and credibility of multilateral lending
  
  Read more

• FirstFT: Bank of England set to raise interest rates again

  22-06-2023 06:21
  Also in today’s newsletter, the threat to Russian gas flows to Europe and Ukraine’s recovery head speaks to Henry Mance
  
  Read more

• World Bank set to unveil ‘pause clauses’ for countries hit by disasters

  22-06-2023 06:00
  Barbados’s Mia Mottley says measures are ‘vital’ to allow poorer nations the fiscal space to rebuild
  
  Read more

• World Bank set to unveil ‘pause clauses’ for countries crippled by disasters

  22-06-2023 06:00
  Barbados’s Mia Mottley says measures are ‘vital’ to allow poorer nations the fiscal space to rebuild
  
  Read more

• US cannot rely on allies to meet climate goals, warns Mitsubishi

  22-06-2023 06:00
  Domestic manufacturing and ‘friendshoring’ will struggle to supply the clean energy boom
  
  Read more

• Treasury investors bet on US falling into recession

  22-06-2023 06:00
  Yield-curve inversion suggests high chance of economic downturn but riskier assets remain buoyant
  
  Read more

• The Bank of England must do whatever it takes to tame inflation

  22-06-2023 06:00
  Britain’s difficulties have been compounded by an insufficient response
  
  Read more

• Critics accuse IMF over countries’ debt deadlocks

  22-06-2023 06:00
  Creditors and analysts grow impatient with fund’s flawed framework to calculate debt sustainability
  
  Read more

• Bundesbank lessons for today’s central bankers

  22-06-2023 06:00
  When wage and price increases become tightly intertwined, the damaging ratchet can be hard to eliminate
  
  Read more

• Theft of meat, sweets and alcohol in UK hits highest in decade

  22-06-2023 01:01
  Cost of living crisis driving ‘unprecedented’ crime spate, say shopkeepers
  
  Read more

• Theft of meat, sweets and alcohol in UK hits highest in a decade

  22-06-2023 01:01
  Cost of living crisis driving ‘unprecedented’ crime spate, say shopkeepers
  
  Read more

• Bank of England faces calls for tougher action in rate decisions

  22-06-2023 01:01
  PM says feels ‘deep moral responsibility’ to tackle inflation, while some economists seek higher rise in cost of borrowing
  
  Read more

Follow @Economy_UKnws on Twitter!