GBP/USD 1.364 EUR/GBP 0.861 GBP/JPY 197.845 EUR/USD 1.175 GBP/AUD 2.077 USD/JPY 144.997 USD/CAD 1.357 AUD/USD 0.657 CAD/JPY 106.827 EUR/CAD 1.595 GBP/CAD 1.852 AUD/CAD 0.892 AUD/JPY 95.264 AUD/NZD 1.083 EUR/AUD 1.789 GBP/USD 1.364 EUR/GBP 0.861 GBP/JPY 197.845 EUR/USD 1.175 GBP/AUD 2.077 USD/JPY 144.997 USD/CAD 1.357 AUD/USD 0.657 CAD/JPY 106.827 EUR/CAD 1.595 GBP/CAD 1.852 AUD/CAD 0.892 AUD/JPY 95.264 AUD/NZD 1.083 EUR/AUD 1.789
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News from The Guardian – Business

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The Guardian – Business • May 20, 2025

Water companies should be taken into public ownership now | Letter

Over the past thirty years, water firms have distributed £78 billion to shareholders, with a significant portion of consumer bills allocated to servicing debt and dividend payments...

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The Guardian – Business • May 20, 2025

ITV to cut jobs and slash budgets of daytime shows including Good Morning Britain

ITV’s decision to reduce workforce and limit programming hours for several key daytime productions is expected to substantially lower operational expenses and impact the company’s...

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The Guardian – Business • May 20, 2025

Talks to settle £120m legal claim against Vodafone end without success

The unresolved dispute over commission reductions has financial implications potentially exceeding £120 million, as numerous franchise operators allege these changes led to substan...

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The Guardian – Business • May 20, 2025

Pace of UK interest rate cuts is too rapid, Bank of England chief economist says

The Bank of England’s chief economist warned that swiftly lowering borrowing costs amid robust wage growth may increase inflation risks, suggesting careful consideration before imp...

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The Guardian – Business • May 20, 2025

Majority of US companies say they have to raise prices due to Trump tariffs

Over half of US businesses report that increased expenses from recent trade policies will likely lead to higher prices, impacting overall market costs and consumer spending pattern...

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The Guardian – Business • May 20, 2025

Reeves eyes Gulf trade pact as ‘next deal,’ Bank of England’s Pill says pace of interest rate cuts ‘...

The potential trade agreement with Gulf countries could enhance export opportunities, while recent comments on monetary policy and regional interest rate changes reflect shifting e...

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The Guardian – Business • May 20, 2025

Trump can complain all he wants – but he can’t stop his own economic mess | Sidney Blumenthal

The president’s policies, including high tariffs and significant legislation, have triggered ongoing economic challenges that are unlikely to be reversed quickly, impacting financi...

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The Guardian – Business • May 20, 2025

RBA interest rates announcement: Reserve Bank cuts official cash rate to 3.85%

The recent reduction in borrowing costs by the central bank may help ease financial burdens on borrowers while reflecting confidence that inflationary pressures are gradually dimin...

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The Guardian – Business • May 20, 2025

Post Office offers compensation to Horizon IT victims over name and address leak – report

The Post Office plans to provide financial restitution to numerous former sub-postmasters affected by a data breach, with individual payments limited to £5,000 despite possibilitie...

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The Guardian – Business • May 19, 2025

Reeves hopes hat-trick of deals shows Britain is open for business

The recent agreements in food, energy, and defence sectors are expected to modestly enhance the UK’s economic appeal, potentially attracting increased investment and reinforcing it...

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The Guardian – Business • May 19, 2025

EU reset deal puts Britain back on the world stage, says Keir Starmer

The new agreement aims to improve the UK's economic position by enhancing market access and reducing consumer costs, though it involves compromises on key sectors such as fishing a...

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The Guardian – Business • May 19, 2025

The Guardian view on the EU trade deal: a rational step forward | Editorial

The recent agreement establishes a framework for ongoing discussions, potentially influencing trade costs, mobility arrangements, and security cooperation, while providing limited...

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The Guardian – Business • May 19, 2025

This new EU deal is great for Britain. Now, Labour, focus on the future, not on Farage | Polly Toynb...

The agreement opens opportunities for British defense firms to compete for substantial European contracts, potentially boosting the economy more significantly than small sectors li...

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The Guardian – Business • May 19, 2025

Alarm over US government’s burgeoning debt rattles markets

The recent downgrade of the United States’ credit rating has increased borrowing expenses and contributed to market volatility, reflecting investors’ growing unease about the count...

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The Guardian – Business • May 19, 2025

Tariffs are clearer at Diageo – not much else is | Nils Pratley

Diageo anticipates a $150 million annual profit impact from new US tariffs, primarily affecting its UK and EU exports, but expects to offset approximately half of the financial bur...

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The Guardian – Business • May 19, 2025

Bankrupt DNA testing firm 23andMe to be purchased for $256m

Regeneron Pharmaceuticals’ acquisition of a consumer genetic testing company for $256 million during bankruptcy highlights a significant investment in genetic data assets, promptin...

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The Guardian – Business • May 19, 2025

Starmer denies claim ‘win-win’ UK-EU deal has sold out fishing sector – video

The recently finalized UK-EU agreement is expected to boost the economy by £9 billion and reduce food costs, while extending fishing access rights for an additional 12 years.

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The Guardian – Business • May 19, 2025

Will Labour’s shake-up really fix Great Britain’s ailing railways?

The renationalisation of South Western Railways represents a significant financial commitment by the government, aiming to influence fare structures and improve service efficiency...

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The Guardian – Business • May 19, 2025

Eurozone growth forecasts cut amid uncertainty over Trump trade war

The European Commission has lowered its projections for economic expansion in the eurozone due to ongoing trade tensions, anticipating slower growth rates through 2026 compared to...

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The Guardian – Business • May 19, 2025

Stock markets drop and bond yields rise after US credit rating downgrade; EC cuts eurozone growth fo...

The recent downgrade of the US credit rating has contributed to increased borrowing costs and tempered investor confidence, potentially affecting government debt management and eco...

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The Guardian – Business • May 19, 2025

Ryanair to raise air fares after lower ticket prices hit profits

Ryanair plans to increase ticket costs following a period of reduced prices that contributed to a significant profit decline, while still distributing substantial dividends to shar...

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The Guardian – Business • May 19, 2025

Annual energy bills in Great Britain forecast to fall by £129 in July

A recent forecast indicates that typical dual-fuel households in Great Britain may see their yearly expenses on gas and electricity decrease by approximately £129 starting in July,...

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The Guardian – Business • May 19, 2025

Johnnie Walker owner Diageo says Trump tariffs could hit profits by $150m

Diageo, owner of several major alcohol brands, anticipates a significant annual profit reduction due to recent import duties and plans to implement cost-saving measures that may af...

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The Guardian – Business • May 19, 2025

StockX refuses to refund me over peeling £300 Bape trainers

The refusal of the resale platform to offer compensation for defective £300 designer sneakers highlights potential financial risks consumers face when purchasing high-value items w...

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The Guardian – Business • May 19, 2025

Weakening of UK EV sales rules ‘likely to result in significantly more carbon emissions’

The relaxation of regulations on electric vehicle sales in the UK is expected to increase the number of profitable plug-in hybrid cars on the market, potentially raising overall em...

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The Guardian – Business • May 19, 2025

Trump tariffs could lead to surge of cheap Chinese vapes in UK, experts say

Experts warn that shifting trade dynamics may result in increased imports of low-cost vaping products from China to the UK, potentially affecting market prices and regulatory effor...

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The Guardian – Business • May 18, 2025

Average asking price for UK home hits new high of almost £380k

Despite a decline in interest from new buyers, the typical selling price for residential properties in the UK increased slightly in May, reaching its highest level recorded to date...

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The Guardian – Business • May 18, 2025

EU ministers call for coordinated action on Russian ‘shadow fleet’ in Baltic Sea

The targeted interdiction of numerous oil tankers crucial to Russia's export network aims to significantly disrupt revenue streams that contribute substantially to the country's fe...

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The Guardian – Business • May 18, 2025

US treasury secretary says Walmart will ‘eat some of the tariffs’ after Trump demand

Walmart’s decision to absorb a portion of the increased import costs could affect its profit margins and pricing strategies amid ongoing tariff negotiations with the US government.

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The Guardian – Business • May 18, 2025

The Guardian view on Labour’s competition policy: don’t let big tech set the agenda | Editorial

Shifts in regulatory priorities towards fostering growth over stringent competition enforcement may affect market dynamics, potentially influencing investment patterns and the broa...

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