
UK house prices were broadly unchanged in July as higher mortgage rates and weaker buyer confidence kept the market subdued, according to new figures from Lloyds. The lender said the average property cost £299,253 last…
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UK house prices were broadly unchanged in July as higher mortgage rates and weaker buyer confidence kept the market subdued, according to new figures from Lloyds. The lender said the average property cost £299,253 last…

Persimmon has upgraded its full-year outlook as the UK housebuilder says it is positioned to benefit from renewed political focus on new homes, even as it faces higher costs linked to the Iran war, according to The…

A cooling UK labour market is offering little support to the idea that interest rates need to rise again soon, according to ING economist James Smith. In comments published by The Guardian Business in its live coverage…
Three takeover bids for UK-listed companies landed in a single day, including one for Bath-based Rotork, renewing concern about the hollowing-out of London's stock market.
British House Prices Expected Fall This Year, Despite has moved into focus in economy coverage. British house prices expected to fall this year, despite ‘Burnham bounce’, Rightmove reports Asking prices for newly listed…

Ikea is preparing to bring its secondhand ambitions further into the UK market, with a new platform designed to let members of its loyalty scheme buy and sell preowned items directly with one another. The retailer said…
UK faces very difficult trade-offs in budget because of Iran, analysts warn The UK government may have less room for manoeuvre in the next autumn budget than previously expected if the Iran war continues to keep oil…
Rolls-Royce is seeking UK government support for its re-entry into the huge narrowbody jet engine market, after resolving the engine reliability problems that dogged it for years.
The White House has defended Argentina's footballers after they displayed a banner supporting their country's claim to the Falkland Islands during the World Cup semi-final, with officials citing a belief in free speech.

H2: Borrowing costs climb across major economies Government debt markets were hit by a broad selloff on Monday as investors pushed borrowing costs higher in the US, UK, France, Germany and Japan. The move lifted yields…
UK Prime Minister Andy Burnham was due to meet his newly reshaped cabinet on Tuesday after a sweeping round of appointments that elevated some of the politicians who helped bring him to power and removed several figures…
The UK's possible cut to electric car sales targets has exposed pressure from automakers and reopened a wider fight over how quickly transport policy should move.
The UK's decision to nationalise British Steel has triggered a sharp diplomatic rebuke from Beijing, with China's government formally declaring itself strongly dissatisfied with a move it argues sends a damaging signal…

Germany’s factory sector delivered a brighter-than-expected reading in June, offering a sign of resilience in Europe’s largest economy even as global markets remained cautious, according to The Guardian Business. The…
The House passed a large Pentagon funding bill and a separate budget step that could help Republicans push ahead on war funding and other priorities.
Jamaat-e-Islami's planned sit-ins over the petrol price hike have put Lahore, governor houses and public movement under watch before August 16.
Andy Burnham has unveiled a plan to get rough sleepers off the streets by Christmas, putting housing and homelessness back into the centre of UK political debate. The BBC reported that rough sleepers in England would be…
UK inflation cooled faster than expected to 2.6% in June as food and fuel prices dropped, with new Chancellor John Healey calling it welcome news while stressing there is still much more the government should do.
European leaders have made positive noises about new UK PM Andy Burnham, but he is likely to face the same EU restrictions that constrained his predecessor Keir Starmer.
Apple regains top market value spot as Nvidia slips in AI trade Apple has moved back to the top of the global market-cap ranking, overtaking Nvidia in a shift that highlights how investors are reassessing the artificial…
UK ministers face renewed pressure over early-release rules after officials warned that a narrow exemption could create wider prison-capacity consequences.
U.S. markets hovered near record territory as oil volatility, high Treasury yields and July inflation data kept investors cautious.
Documents seen by The Guardian show BMW, Ford, Nissan, Toyota and Bosch urged ministers to keep petrol and diesel models on the road after 2035.

The retailer has been around for 50 years but struggled to compete with newer rivals such as Amazon. Can its new owners turn it around