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June 18, 2026 6:01 PM GMT

The billionaire hidden behind the curtain inside Trump’s Pentagon

The only available video over the last 15 months of the official who really wields power in Donald Trump ’s Pentagon is a cartoon animation. Released in May on X by the US government, it shows a silver haired figure in …

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June 18, 2026 6:00 PM GMT

‘Cynical to get power’: Michel Barnier on Boris Johnson, Brexit and the EU’s future

A couple of years ago, Michel Barnier spent a weekend with Boris Johnson’s father, Stanley. It was not some ghoulish Brexit spin-off of The Traitors, but the result of the former EU negotiator’s wife, Isabelle, being a …

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June 18, 2026 6:00 PM GMT

UK could keep special pre-Brexit terms if it rejoined EU, Michel Barnier says

Exclusive: Former chief Brexit negotiator says staying out of euro and Schengen area would be ‘perfectly possible’

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June 18, 2026 3:43 PM GMT

Fed governor Lisa Cook faced $1.3m in legal and security fees after Trump’s bid to fire her

The Federal Reserve governor Lisa Cook faced more than $1.3m in legal and security fees after coming under attack from the Trump administration, according to ethics disclosures that were filed on Wednesday.

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June 18, 2026 3:00 PM GMT

Federal Reserve Board issues enforcement action with former employee of Manufacturers and Traders Trust Company

The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below:

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June 18, 2026 2:46 PM GMT

Cuban economy needs ‘urgent changes’ as US blockade deepens crisis, says president

Cuba’s economy needs urgent changes to overcome a crisis intensified by a US oil blockade, the president, Miguel Díaz-Canel, has said in a speech to Communist party leaders.

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June 18, 2026 1:00 PM GMT

Minutes of the Meeting of the Court of Directors held on 23 April 2026

David Roberts, Chair Andrew Bailey, Governor Sarah Breeden, Deputy Governor – Financial Stability Clare Lombardelli, Deputy Governor - Monetary Policy Sir Dave Ramsden, Deputy Governor – Markets & Banking Sam Woods, Dep…

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June 18, 2026 1:00 PM GMT

Federal Reserve Board requests comment on proposal to require certain payment stablecoin issuers to maintain an effective customer identification program

The Federal Reserve Board on Thursday requested comment on a proposal to require certain payment stablecoin issuers to maintain an effective customer identification program. The proposal would introduce requirements for…

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June 18, 2026 12:50 PM GMT

Interest rates held as Bank warns of impact of high energy prices

Uncertainty over the impact of high energy prices has led policymakers at the Bank of England to hold interest rates at 3.75%.

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June 18, 2026 12:40 PM GMT

Fewer than half of commuters in Great Britain think train fare value for money

Fewer than half of rail commuters in Great Britain think their train fare is value for money, a national passenger survey has found.

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June 18, 2026 12:30 PM GMT

Transcript of the Governor's pooled broadcast interview given on 18 June 2026

Sky News - Governor, you’ve held interest rates where they are when we’ve had some more positive news round inflation, oil prices are coming down. It feels like a rosier picture, but you're still pretty cautious? Govern…

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June 18, 2026 11:51 AM GMT

What's happening to UK interest rates and what does it mean?

The Bank of England has held interest rates at 3.75% for a fourth consecutive time, keeping them at the lowest level since February 2023.

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June 18, 2026 11:25 AM GMT

Number of job vacancies hits five year-low

The number of job vacancies has fallen to its lowest level for five years as businesses cut back on recruitment, according to the latest official figures.

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June 18, 2026 11:00 AM GMT

Americans are spending $800 just to cool their homes. We are at a breaking point | Mark Wolfe

Since 2020, the stock market has more than doubled. Americans who own substantial financial assets are reveling in economic success. For everyone else, the economy feels very different. This summer, the average family w…

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June 18, 2026 11:00 AM GMT

Bank Rate maintained at 3.75% - June 2026 Monetary Policy Summary and Minutes

At its meeting ending on 17 June 2026, the Monetary Policy Committee (MPC) voted by a majority of 7–2 to maintain Bank Rate at 3.75%. Two members voted to increase Bank Rate by 0.25 percentage points, to 4%.

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June 18, 2026 10:30 AM GMT

Farage trying to block ‘Britcoin’ plans that could be costly for billionaire donor

Nigel Farage has been trying to block a Bank of England cryptocurrency plan that could be costly for the billionaire bankrolling his party.

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June 18, 2026 8:13 AM GMT

Drax cleared after investigation into sourcing of wood pellets

The City watchdog has closed an investigation into the power generator Drax after an almost 10-month review into the sourcing of wood pellets for its biomass station.

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June 18, 2026 8:00 AM GMT

Gig workers are endlessly exploited. AI could make more of us share their fate

In 2024, the buy-now-pay-later company Klarna announced that it would cut hundreds of customer service roles and begin using an artificial intelligence chatbot instead. The move was expected to save the company millions…

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June 18, 2026 6:59 AM GMT

Tesco’s UK sales growth more than halves amid Iran war uncertainty

Tesco’s UK sales growth has more than halved as it said the conflict in the Middle East had created “ongoing uncertainty for many households”.

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June 18, 2026 6:35 AM GMT

Bank of England expected to leave interest rates on hold; UK unemployment falls – business live

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

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June 18, 2026 5:00 AM GMT

Dubai property sales have fallen ‘off a cliff’ since start of Middle East war

Property sales in Dubai have fallen “off a cliff”, a leading market watcher has said, after war in the Middle East forced a dramatic slowdown in one of the world’s most expensive real estate markets.

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June 18, 2026 4:00 AM GMT

NHS patients face worst drug shortages on record, say pharmacists and GPs

Britons are facing some of the “most severe” shortages of NHS medicines on record including common painkillers, epilepsy drugs and HRT, health leaders have warned, even forcing some patients with impaired digestive syst…

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June 17, 2026 6:41 PM GMT

Warsh to review how Fed works after holding US interest rates at first meeting

The Federal Reserve held US interest rates between 3.5% and 3.75% after Kevin Warsh's first meeting in charge of the central bank.

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June 17, 2026 6:24 PM GMT

Titan sub: design flaws and company groupthink central to catastrophe, report finds

Canadian officials find structural defects in material used for hull and say firm failed to fully test ‘novel’ design

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