John-Paul Ford Rojas

The Institute of Directors (IoD) said cost pressures and political upheaval had led to forecasts sagging among business leaders.

Workers are growing anxious about job security, the findings from S&P Global's UK consumer sentiment index suggested.

August 18, 2026 By JOHN-PAUL FORD ROJAS AT FARNBOROUGH AIR SHOW Updated: 07:56 BST, 23 July 2026

As the oil price spiked higher, yields on 30-year UK bonds, known as gilts, soared above 5.85%, just short of 28-year highs seen earlier this year.

Chancellor John Healey faced a fresh headache yesterday as global borrowing costs soared in a ‘perfect storm' on the bond markets.

Prime Minister Andy Burnham to water down Labour's Net Zero dogma at a time when critics say hard-pressed consumers and businesses can ill afford to pay for it.

Energy bills are set to climb to a three-year high this autumn. It is a 'warning shot' for Andy Burnham , given his pledge to bring down the cost of living as inflation jumped on Wednesday, fuelled by a rise in energy.

The staggering debt figure only deepened concerns among traders about the deteriorating state of public finances in the world's biggest economy.

The surge in the cost of welfare and the state pension to £29.5billion last month helped deliver worse than expected borrowing figures yesterday.

John-Paul Ford Rojas Chancellor John Healey has been left with 'razor thin' financial headroom ahead of his first Budget after figures showed Labour is spending nearly £1billion a day on benefits.