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Graeme Wearden

Graeme Wearden tracks the latest world business, economic and financial news in our daily liveblog. Previously he worked as a technology journalist at CNET Networks

October 2024

  • Shein’s logo and their web shop.

    Business live
    Shein’s UK profits double; Water companies penalised for poor performance; China targets EU brandy – as it happened

    Rolling coverage of the latest economic and financial news, as UK gilt yields rise and water companies face paying £157m to customers
  • A BP petrol station.

    Business live
    Anger over ‘BP abandoning goal to cut oil output’; 2,000 jobs saved, 1,000 lost, after TGI Fridays sale – as it happened

    BP CEO Murray Auchincloss has dropped a target to cut oil and gas output by 2030, reports Reuters

    • Business live
      Dollar strengthens after US beats forecasts with 254,000 new jobs in September – as it happened

    • Business live
      Pound heads for biggest fall in 18 months after Bank of England governor hints at ‘more activist’ rate cuts; Oil hits $77 per barrel – as it happened

    • Business live
      Biggest drop in UK manufacturing confidence since March 2020; eurozone inflation hits three-year low – as it happened

September 2024

  • Rightmove’s website

    Business live
    News Corp applauds Australia’s REA Group for abandoning attempted takeover of Rightmove – as it happened

  • Illustration shows the Rightmove logo on a desktop screen and smartphone

    Murdoch-backed REA abandons attempt to take over Rightmove

  • a cluster of skyscrapers amid the City of London

    UK business confidence dips to lowest level since general election

  • An ilustration showing the Saudi Arabian flag, oil pump jack and stock graph

    Business live
    Oil price drops, and BP and Shell shares slide, as Saudi Arabia ‘prepares to abandon $100 crude target’ – as it happened

  • Business live
    US consumer confidence drops; UK interest rates to fall ‘gradually’; stocks hit record high after China’s stimulus blitz – as it happened

  • Bank of England’s Bailey says he expects interest rates to fall ‘gradually’

  • Business live
    UK business growth slows as budget uncertainty hits investment plans; German recession ‘baked in’ – as it happened

  • Budget uncertainty is weighing on UK economy, say businesses

  • Politics live with Andrew Sparrow
    Farage says Tory brand is ‘bust’ as other Reform UK speeches target immigrants, drag queens, vegans and more – as it happened

  • Business live
    UK consumer confidence tumbles as households fear ‘painful’ budget; UK debt hits 100% of GDP – as it happened

  • Business live
    Bank of England governor ‘optimistic’ that interest rates can be cut, after ‘no change’ decision today – as it happened

  • Business live
    Fed chair Jerome Powell says US interest rate cut has nothing to do with election – as it happened

  • Business live
    Brexit deal ‘stifling’ UK-EU trade; markets rally ahead of interest rate decisions – as it happened

  • Business live
    Government urged to help as shipmaker Harland & Wolff prepares to enter administration – as it happened

  • Business live
    Boeing shares fall as factory workers begin strike; UK interest rates to fall to 3% next year, predicts Goldman – as it happened

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