Economy

London's rental market, long a byword for punishing costs, has shown signs of becoming a little less forbidding for tenants. Data from the trade body Propertymark suggests that the salary a renter would need to afford an average home in the capital fell by …

A striking number has been circulating in Britain's cost-of-living conversation: nanny pay approaching £60,000 a year. For families outside the world of private childcare, the figure can seem astonishing, sitting well above the pay of many teachers, nurses and other professionals. The reality is …

The bill for Britain's pandemic scramble to buy protective equipment has now been set out in stark terms. On 14 July 2026, the UK Covid-19 Inquiry published its Module 5 report on procurement, concluding that about £9.9bn of the £14.9bn spent on personal protective …

Britain's cost of borrowing has climbed back into uncomfortable territory. On 14 July 2026, the yield on the benchmark 10-year gilt — the interest rate the government effectively pays to borrow for a decade — pushed back above 5%, according to market data, after …

• The Trump administration has expanded immigration enforcement operations across multiple states as part of its broader border security agenda.

• UK Consumer Price Index (CPI) inflation stood at2.8% in May 2026, remaining unchanged from April and still above the Bank of England's long-term 2% target.

• Senate Democrats have blocked procedural advancement of the $1.15 trillion National Defense Authorization Act (NDAA), citing concerns over President Donald Trump's military actions involving Iran.