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Bank of England boss Andrew Bailey has warned firms that raising prices risks allowing high inflation to persist and hurting the “least well off”. “If all prices try to beat…

Online retail giant Amazon plans to cut another 9,000 jobs as it seeks to save costs. The firm, which employs 1.5 million people worldwide, said the cuts would fall mainly…

People face their biggest fall in spending power for 70 years as the surging cost of living eats into wages. The government’s independent forecaster said that household incomes – once…

Shares in banks around the world slumped on Monday, despite reassurances from the US president that America’s financial system is safe. It comes after authorities had to step in to…

Argentines are no strangers to economic upheaval, having experienced a number of financial crises in the past decades. But with inflation rising above 100% and the value of the Argentine…

The UK has signed a deal to join a trade pact with 11 Asia and Pacific nations, three years after it officially left the European Union. Joining the group will…