A week of news showing the UK economy is slowing has ironically yielded a positive for mortgage holders and the broader economy itself - borrowing is now expected to become cheaper faster this year.

There has been a surprise contraction in retail sales in December, despite the month being key for many retailers due to Christmas shopping, official figures show.

China has released a slew of economic data this morning, showing its economy grew last year by a solid 5% percent, meeting the government's target.

President Joe Biden will not enforce a ban on social media giant TikTok which is due to take effect the day before he leaves the White House, a US official has said.

Former Bank of England governor Mark Carney has announced he is running to replace Justin Trudeau as leader of the Liberal Party and prime minister of Canada.

Fears have been raised over the robustness of Britain's trade sanctions against Russia after the main government department enforcing the rules admitted it has no idea how many cases it is investigating.

The City watchdog is considering a formal proposal to increase Britain’s £100 contactless spending limit as part of a response to the prime minister's order for regulators to tear down barriers to economic growth.

The future of Pizza Hut's restaurants in Britain has been salvaged after the business was sold out of insolvency proceedings to the brand's main partner in Denmark and Sweden.

Train passengers caught without a ticket should be given a "yellow card" warning instead of a fine for a first offence, a watchdog says.

Approval has been given for the first UK launch of a traditional "vertical" rocket.

Marginal gains, the science of extracting significant athletic advantage from numerous small changes, has long been a mantra in top-class sport.

Freetrade, the British stock-trading app, is facing a backlash from early investors after announcing a sale to London-listed IG Group for a fraction of the valuation it targeted during earlier fundraising talks.

BP has announced it is cutting 4,700 jobs from its global workforce.

The UK economy just about returned to growth in November after two months of contraction, the latest official figures show.

Forget this week's minor decrease in the UK inflation number. 

Nadhim Zahawi, the former chancellor, is joining an Israeli medical diagnostics group which is trying to transform the way infectious diseases are detected and managed.

Sir Keir Starmer has said he is committed to only having one budget this year as he quashed suggestions of an emergency financial statement.

The rate of inflation may have eased slightly but it is clear that UK households are facing a surge of rising costs ahead.

Thousands have signed a petition imploring the world's biggest advertising agency, WPP, to revoke a new rule forcing employees to attend the office four days a week.

A fall in December's CPI inflation of 0.1 percentage points to 2.5% is marginal, but by being below expectations it delivered an above-expectations boost to Rachel Reeves.