Browsing: Business

UK house prices rose in January as affordability improved, with Nationwide reporting a 0.3% monthly rise and 1.0% annual growth, average £270,873 in the UK too.

UK inflation rose to 3.4% in December ending a five-month decline, as the Bank of England heads into its Feb. 5 rate decision at 3.75%. ONS noted 0.4% rise m/m.

Silver suffered a record daily fall as volatility spiked, while gold posted its steepest drop in decades, sending shockwaves through global commodities trading.

Antonio Guterres points to the India EU trade agreement as he urges support for multipolarity, saying global challenges need inclusive cooperation under the UN Charter.

India and the European Union concluded a free trade agreement on Jan 27, 2026, as EU companies cite tariff cuts and easier market access for goods and services.

OPEC Fund signed a €15 million loan with Raiffeisen Bank Kosovo to expand SME credit, including for women owned firms, boosting longer term finance in Kosovo 2026.

The dollar falls broadly while the yen strengthens on intervention risk, sending the euro and pound higher ahead of the Federal Reserve decision.

US debt remains a global benchmark, yet Trump’s Greenland pressure is pushing fresh debate in Europe over exposure, liquidity needs, and dollar safety.

Jamie Dimon warns Trump backed 10% credit card rate cap could curb lending, with JPMorgan and industry groups saying fixed ceilings may limit credit access today.

UK inflation rose to 3.4% in December, ending five months of declines, as transport, food, and alcohol and tobacco prices lifted CPI, ONS said in fresh data.