Cooling UK labour market ‘questions need’ for Bank of England rate hikes; grocery inflation slows to two-year low – business live

Youth unemployment down to 16.2% but remains at high level; Brent crude climbs above $91 a barrel as US-Iran ceasefire ends The retail billionaire Mike Ashley has given the latest indication that his summer shopping spree may be far from over, after he increased his stake in luxury giant Hugo Boss to nearly half. Ashley’s Frasers Group , which last week boug

The top 3

  1. Largest Central Bank Balance Sheets: The Euro Area's central banking system leads with over $7.1 trillion in total assets as of Q3 2025, reflecting extensive efforts to stabilize the region.
  2. Nations with Highest Benchmark Interest Rates: In 2025, Venezuela recorded the highest interest rate at 59.4%, followed by Argentina at 29%, as both countries grapple with high inflation.
  3. Historical Interest Rate Peaks: Short-term interest rates reached historical highs in 1981, with the US Federal Funds rate hitting 15.8% to combat rampant inflation.

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