Economy news

• World Bank to phase out China lending

  30-06-2026 22:47 via ft.com
  Decision from global development institution follows years of pressure from the Trump administration
  
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• How China’s green tech could boost its global finance ambitions

  01-07-2026 13:00 via ft.com
  Clean tech leadership will help Beijing’s financial agenda, says former central bank chief economist
  
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• Trump’s contradictions mangle a complex history of US trade

  01-07-2026 12:00 via ft.com
  The president’s obsession with tariffs reflects a misreading of the past 250 years
  
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• June inflation in the Eurozone is good news for the ECB

  01-07-2026 11:56 via ft.com
  Weaker headline and core inflation provide early indication that the energy shock is temporary
  
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• FirstFT: US stock markets record best quarter since 2020

  01-07-2026 11:55 via ft.com
  Also in today’s newsletter: Democratic socialist wins Colorado primary and Trump administration green-lights latest Anthropic AI model
  
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• Premium Bonds July jackpot winners revealed – who won £1 million?

  01-07-2026 11:38 via moneyweek.com
  
  Two Premium Bonds holders have woken up millionaires after NS&I revealed the winners of the July 2026 prize draw.The latest £1 million jackpot winners come from Reading and Warwickshire and won with bond numbers 250TP871786 and 217AV429216, respectively.The Reading winner bought their bond in July 2015 and has a total holding of £49,931, close to the maximum of £50,000.The Warwickshire champ purchased their winning bond in January 2014 and holds a total of £14,000 in
  
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• Eurozone inflation falls more than expected to 2.8% in June

  01-07-2026 11:00 via ft.com
  Price growth remains above central bank’s target for fourth straight month
  
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• How can you avoid an inheritance tax 'minefield' if you remarry?

  01-07-2026 07:00 via moneyweek.com
  
  Marriage rates among the over 50s have risen significantly in recent years, according to the Office for National Statistics (ONS). Latest data reveals the number of men who said ‘I do’ aged 50+ is up by 33% in the past decade; for women in that age group it’s even higher, at 47%. Those figures are greater still for people in their 60s, where there’s been a 33% increase in men who have married aged 60+ and a 56% rise among women over the 10 years to 2022.Later-life marriag
  
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• FirstFT: Europe defence drive benefits US jobs, Rutte says

  01-07-2026 06:32 via ft.com
  Also in today’s newsletter: Made-in-Germany US weapons and French-US logistics deal
  
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• ‘We have to kill diesel’: China’s e-truck rival to Tesla seeks $2bn US Spac deal

  01-07-2026 06:00 via ft.com
  Windrose Electric chief says US tariffs are not high enough to keep it out of America
  
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• The fragility of the world’s economic resilience

  01-07-2026 06:00 via ft.com
  Are we invulnerable or just plain lucky?
  
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• Are we invulnerable or just plain lucky?

  01-07-2026 06:00 via ft.com
  The fragility of the world’s economic resilience
  
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• Plea for households to read energy meter as prices rise

  01-07-2026 01:02 via bbc.co.uk
  
  Household energy prices have risen by 13% a year as regulator Ofgem's latest price cap kicks in.
  
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• Egg producers settle US claims they manipulated benchmark prices

  30-06-2026 19:58 via ft.com
  Federal and state authorities cite three-year effort to co-ordinate bids that inflated quotations
  
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• US labour demand remained firm in May

  30-06-2026 17:13 via ft.com
  Latest Jolts survey reinforces narratives of robust labour market
  
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• £1.6 billion in savings left unclaimed – are you among the hundreds of thousands unknowingly missing out?

  30-06-2026 16:26 via moneyweek.com
  
  Hundreds of thousands of young people have more than £2,000 sitting unclaimed in Child Trust Funds (CTFs), a type of tax-free savings account for children born between 2002 and 2011.The government has now launched a taskforce aimed at reuniting people with their money, with ministers teaming up with financial institutions including Nationwide, HSBC and Sheffield Mutual to reconnect savers with their accounts.Roughly 6.3 million CTFs were opened for children born between 1 September 2002 an
  
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• Japan sets highest rate in 31 years: what now for investors?

  30-06-2026 15:50 via moneyweek.com
  
  This month saw the Bank of Japan (BoJ) raise its main interest rate from 0.75% to 1% – the highest rate since 1995, in response to surging global energy prices due to the Iran war. While Japan’s inflation rate has sat below its 2% target all year – it was 1.5% in May – a BoJ policy statement suggested a risk of it accelerating above that target, forcing businesses to pass on higher costs. This could lead to “an increase in consumer prices across a wide range of item
  
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• FirstFT: The great wealth transfer 

  30-06-2026 11:36 via ft.com
  Also in today’s newsletter: corporate AI users’ staff hires and China’s ‘ghost cities’
  
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• EU to increase steel tariffs on trading partners

  30-06-2026 10:55 via ft.com
  Decision to slash duty-free quotas and double rate to 50% follows similar moves by the UK, US and Canada
  
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• Homes harder to sell as high mortgage rates frustrate buyers

  30-06-2026 08:22 via bbc.co.uk
  
  Three in five homes listed for sale since January remain on the market, says property portal Zoopla.
  
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• EU and China buy time to avoid trade fight as Brussels demands deficit cuts

  30-06-2026 07:00 via ft.com
  Also in this newsletter: Far-right petition pushes Meloni over mass deportation plan
  
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• FirstFT: How Elliott spawned a new army of activists 

  30-06-2026 06:32 via ft.com
  Also in today’s newsletter: corporate AI users’ staff hires and Maersk raises profit guidance
  
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• Analysts’ Views: hawkish Warsh fails to spur Fed rate rise predictions

  30-06-2026 06:30 via ft.com
  Our June survey sees the Fed and Bank of England on hold with the ECB and Bank of Japan primed to raise again this year
  
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• A different type of G7 central bank divergence

  30-06-2026 06:00 via ft.com
  Fragmentation risks economic and financial instability unless accompanied by government action
  
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• ‘Tooth fairy’ payout nears £5 as UK childhood finances overtake inflation

  30-06-2026 01:01 via ft.com
  Annual survey also shows the average child gets £10 per week in pocket money
  
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• FirstFT: Supermicro’s Taiwan offices raided in chip smuggling investigation

  29-06-2026 23:26 via ft.com
  Also in today’s newsletter: China grounds light aircraft after Beijing crash and foreign investors fear Japan is backsliding on reform
  
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• Maersk raises profit guidance as new US tariffs fuel demand

  29-06-2026 22:32 via ft.com
  American companies rush to stockpile goods ahead of fresh round of levies
  
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• EU sets deadline of October for reduction in trade deficit with China

  29-06-2026 21:04 via ft.com
  European commissioner Maroš Šefčovič demands action after meeting Chinese commerce minister Wang Wentao
  
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• ECB does not need to fight inflation with ‘same force’ as in 2022-23, Lagarde says

  29-06-2026 21:00 via ft.com
  President of central bank signals that there could be a modest increase in interest rates
  
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• Supreme Court blocks Trump's attempt to fire Federal Reserve Governor Lisa Cook

  29-06-2026 18:51 via bbc.co.uk
  
  The decision, seen as a win for central bank independence, sends the fight over removal back to the lower courts.
  
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