IMF: Australia Faces Persistent Above-Target Inflation
The IMF warns Australia faces persistent inflation, with key jobs and CPI data to determine if the RBA hikes rates on 3 February. Global growth upgraded to 3.3%.
Category : Search result: IMF inflation forecast
UK Growth to Lag Behind Advanced Economies, IMF Says
The IMF predicts UK growth will be slower than the advanced economy average for the next two years, as new US tariffs on NATO allies add to trade tensions. Read the full analysis.
London faces heavy rain deluge on January 24, warns forecast
Weather maps predict a deluge of rain to soak London and the UK on January 24, with 0.8mm per hour expected. Get the full BBC and Met Office forecast for the capital's wet January.
London swaps snow for two weeks of rain, says forecast
London's brief snowy weather is over, replaced by a fortnight of drizzle and showers. Temperatures will rise to 12C, with snow unlikely before month's end. Get the full 14-day forecast.
Business costs rise at fastest pace since May
New PMI data shows UK firms face soaring costs from wages and energy, squeezing growth. Discover the outlook for business confidence and inflation in 2026.
Food Inflation Rises to 3.3% in December 2025
Fresh data reveals soaring food prices pushed shop price inflation higher in December 2025, with fresh produce costs a key driver. Discover the full impact on UK households and the retail outlook for 2026.
Iran Attempts Economic Concessions to Quell Protests
Iran's government unveils risky economic reforms, including subsidy changes, as protests over inflation and corruption enter ninth day. Can it placate public anger?
Iranian protesters storm governor's office amid economic crisis
Protests over Iran's plummeting currency and soaring inflation enter a fourth day, with demonstrators attempting to storm a government building. Authorities offer dialogue as economic pressure mounts.
Federal Reserve holds interest rates steady at 5.25%
The US Federal Reserve maintains its key interest rate at 5.25%, resisting political pressure. Explore the implications for inflation and the global economy.
Gold Up 70%, AI Bubble Risk: Australia's 2026 Economic Watch
Gold prices surge 70% as sticky inflation and an AI bubble threaten Australia's economy in 2026. Discover the key trends and risks for investors.
London's New Year's Day: Sunny start, then 8-day rain
Londoners can enjoy a dry, clear New Year's Day for a winter walk, but a major shift brings sleet, then an eight-day stretch of rain from January 6th. Get the full BBC weather forecast.
Fed Minutes Show Deep Divide on Interest Rate Cuts
Minutes from the Federal Reserve's December meeting reveal a rare debate over interest rates, with officials deeply divided. Only one further cut is now expected next year. Read the full analysis.
2026 Economic Outlook: AI, Tariffs and Job Risks
Global growth is set to slow in 2026 as Trump's tariffs hit trade and AI's promise faces a reality check. Explore the five key charts shaping the economic year ahead for the UK and world.
London snow forecast: Sleet Friday, snow Tuesday
London is set for a snowy start to 2026 with sleet forecast for Friday 2nd January and light snow on Tuesday 6th. Get the latest BBC Weather and Met Office details.
Majority of Brits think UK economy is getting worse
New survey reveals six in ten Brits believe the economy is deteriorating, dealing a blow to Chancellor Rachel Reeves. Discover the key factors behind the souring sentiment.
London weather: Week of rain forecast after January snow
London faces a bleak start to 2026 with snow forecast for January 4, followed by six consecutive days of rain. Get the full Met Office forecast and travel warnings here.
Why Trump's tariffs haven't crashed US economy
US supermarket prices continue to rise, contradicting Trump's claims. Economists explain why the feared economic damage hasn't materialised yet, but warn of delayed impacts in 2026. Read the full analysis.
Soaring UK food prices make even basic staples unaffordable
A personal account of how UK food inflation is pricing families out of basics like lentils and rice. With food bank use soaring, we examine the crisis and demand government action.
AI Threatens 40% of Jobs, Warns IMF Head
The IMF warns AI will affect 40% of jobs globally, worsening inequality. We want to hear from UK workers who have changed career plans due to AI automation fears.
Cheap Chinese imports to hit UK, could lower inflation
Economists warn a surge in Chinese goods diverted from the US due to Trump's tariffs could drive down UK inflation in 2026, presenting both risks and opportunities for British industry.
London Braces for Snow This Weekend
London is set for a wintry start to 2026 with snow forecast for the first weekend. Find out when and where the flurries will hit the capital.
Snow forecast for London in early 2026, temps to hit -1C
London's mild winter is set to end with snow forecast for early January 2026. Temperatures will drop to -1C, with multiple snowy spells expected. Get the full BBC weather outlook.
US Economy 2025: The Fragile Boom Under Trump
Donald Trump heralds an economic golden age, but official data reveals a complex 2025 of rising unemployment, stubborn inflation, and volatile growth. Explore the charts.
UK White Christmas 2025: Met Office Forecast Revealed
The Met Office has issued its verdict for Christmas Day 2025. Find out if the UK will see snow, where the best chances are, and how climate change is affecting festive forecasts.
Economists call for Sri Lanka debt halt after cyclone
Over 120 leading economists, including Nobel winner Joseph Stiglitz, demand immediate suspension of Sri Lanka's debt repayments following catastrophic Cyclone Ditwah, which killed 600 and destroyed thousands of homes.
Australia's Christmas Weather: From 41C Heat to 16C Chill
Australians face a Christmas Day of weather extremes, from scorching 41C heat in Perth to a chilly 16C in Hobart. Discover the forecast for your capital city and how to plan your celebrations.
London NYE Weather: Rain Forecast for Both Days
The BBC's long-range forecast predicts wet weather for London on New Year's Eve and New Year's Day, potentially disrupting celebrations. Check the full festive outlook.
UK inflation could become a self-fulfilling prophecy
The British Retail Consortium warns managing inflation expectations is key for 2026. High consumer forecasts may force the Bank of England to limit rate cuts. Read the analysis.
Low-deposit schemes 'generate inequality', study finds
New economic modelling suggests government-backed low-deposit schemes can push house prices up by 10-20%, disproportionately harming low-income first-time buyers. Discover the long-term impacts.
Bank of England cuts interest rates to 3.75%
The Bank of England has cut interest rates to 3.75%, offering relief to borrowers. However, a deep split on the Monetary Policy Committee suggests the rate-cutting cycle may be nearing its end. Read the full analysis.
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