Bank of England governor Mark Carney. The bank has cut its growth forecasts for the UK economy amid mounting Brexit risks. Photograph: Bloomberg

Brexit uncertainty and global trade tensions are hitting UK growth, with the Bank of England’s forecasts showing a one-in-three chance that the econom(...)

The flash currency moves came after Apple warned that economic weakness in China and lacklustre iPhone upgrades would weigh on its quarterly revenue. Photograph: Getty

Mounting concerns over the health of the global economy caused dramatic swings in Asian currencies on Thursday, with the Japanese currency surging by (...)

Glenveagh has set itself a target of building 1,000 new homes a year by 2020. Photograph: iStock

Singaporean sovereign wealth fund GIC has emerged as a major shareholder in Irish housebuilder Glenveagh Properties, which jumped more than 14 per cen(...)

Sterling surged to a one-year high of 89p against the euro on Tuesday.

Sterling’s mini revival has brought some welcome relief to Irish exporters, but with the Brexit negotiations on a knife edge and UK growth still weak,(...)

A recent speech by ECB chief Mario Draghi led investors to believe the bank will reduce extraordinary stimulus soon

Euro zone bond yields stayed near recent highs as expectations on global growth and tighter monetary policy overshadowed any concerns prompted by a tr(...)

JP Morgan Asset Management says the idea US inflation is always going to be low is an anachronism. Photograph: iStock

JP Morgan Asset Management, overseeing $1.7 trillion, says US inflation is picking up. “US inflation has actually come back,” Benjamin Mandel, a stra(...)

Sterling saw its biggest falls since the aftermath of June’s Brexit vote on Thursday, while other major currencies most closely correlated with global growth rose after the Bank of England launched a series of steps to support the UK economy.  (Photograph: Phil Noble/Reuters)

Sterling dropped on Thursday, on track for its largest one-day fall in a month against the dollar, after the Bank of England cut interest rates and re(...)