News from Sentoria
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Bank of England Warns Low Growth Is Britain’s ‘Big Issue’
Bank of England Governor Andrew Bailey has warned that Britain’s prolonged period of low economic growth is the central structural challenge facing Andy Burnham’s incoming government. Productivity, business investment and growth in living standards have weakened…
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UK Sets Out Plan to Bring Tokenised Financial Markets into Mainstream Use
The UK has launched a 12-month programme to move tokenised wholesale financial markets from experimental pilots into commercial use. The plan includes a digital gilt, tokenised collateral and live repo transactions, but significant questions remain over…
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Business Leaders Urge Andy Burnham to Cut UK Energy Costs and Unlock Growth
Business leaders have urged incoming prime minister Andy Burnham to make reducing UK energy costs a day-one priority. The CBI and Energy UK argue that removing policy charges from electricity bills could cut costs by as…
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UK Gilt Yields Rise Above 5% as Gulf Fighting Revives Inflation Fears
UK government borrowing costs rose above 5% after renewed fighting between the United States and Iran pushed oil and gas prices higher. The increase in gilt yields reflects growing concern about inflation, further Bank of England…
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US Inflation Slows Sharply as Energy Prices Fall, Easing Pressure on Federal Reserve
US inflation fell more sharply than expected in June as lower gasoline and energy prices reduced the annual rate from 4.2% to 3.5%. The figures have eased expectations of an immediate Federal Reserve interest-rate rise, although…
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China’s Economic Growth Slows to Lowest Rate in More Than Three Years
China’s economy grew by 4.3% in the second quarter of 2026, its weakest rate in more than three years. Strong exports and high-tech manufacturing were offset by weak consumer demand, falling investment and a continuing property…
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UK Business News Round-Up: Energy Fears Rattle Markets as Retail Spending Shows Resilience
Renewed Middle East tensions have pushed up oil prices, UK borrowing costs and expectations of further interest-rate rises. However, stronger consumer spending, improving retail results and proposals to unlock billions of pounds in new lending provide…
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Greek Bank Lending Set for 8% Annual Growth as Investment Pipeline Expands
Greek banks are expected to deliver net credit expansion of €10 billion to €12 billion in 2026, with analysts forecasting average annual loan growth of around 8% through 2028. EU recovery funding and investment in tourism,…
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Britain’s Regional Income Divide Has Barely Changed in 30 Years
Britain’s regional household income divide has barely changed since 1997, with many of the poorest and richest areas retaining their positions. The Resolution Foundation says closing the gap will require sustained investment in transport, housing, productivity…
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Coffee Prices Rise as UK Cafés Face Pressure from Beans, Wages and Energy
Coffee prices are rising across Britain as cafés face expensive beans, higher wages, employment taxes, business rates and volatile energy costs. A £6.50 flat white in central London highlights the pressure, although prices vary considerably across…
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UK and Switzerland Agree Landmark Services-Focused Trade Deal
The UK and Switzerland have concluded a landmark services-focused trade agreement covering professional mobility, digital trade, investment and public procurement. The government estimates it could eventually increase British services exports by £5.2 billion a year, although…
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UK Mortgage Rates Fall at Fastest Pace in Almost Two Years
UK fixed mortgage rates have recorded their fastest monthly fall since October 2024, with average two-year and five-year deals both declining to 5.52%. Greater product choice offers relief to borrowers, although rates remain above their levels…