Day Headlines in Business News: 2025-07-16
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Barclays fined millions over financial crime risk lapses (BBC Business 2025-07-16 11:34:22)
The UK's financial watchdog says the bank had failed to properly check two of its clients.
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US and Indonesia reach tariff deal (BBC Business 2025-07-16 10:36:46)
The US will lower its tariffs threatened on goods from Indonesia to 19% from a planned 32%.
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UK inflation at highest for almost a year and a half (BBC Business 2025-07-16 09:54:31)
Food and clothing prices rose more quickly while fuel fell only slightly, boosting the overall rate of inflation.
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When will interest rates go down again? (BBC Business 2025-07-16 09:34:12)
The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.
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Co-op boss confirms all 6.5m members had data stolen (BBC Business 2025-07-16 09:26:18)
In her first interview since the attack, Co-op's chief executive said she was "incredibly sorry" to customers.
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Why is UK inflation still rising? (BBC Business 2025-07-16 08:13:36)
UK Inflation has fallen from record highs but remains above the Bank of England's 2% target.
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UK inflation hits highest for almost a year and a half (BBC Business 2025-07-16 08:01:54)
Food prices rose more quickly while fuel fell only slightly, boosting the overall rate of inflation.
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Co-op boss says sorry to 6.5m people who had data stolen in hack (BBC Business 2025-07-16 07:46:18)
In her first interview since the hack, Co-op's chief executive said she was "incredibly sorry" to customers.
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'No respite for consumer' as food prices remain 'stubbornly high' (BBC Business 2025-07-16 06:32:47)
It comes as official figures show food and drink prices rose by 4.5% in the 12 months to June.
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UK inflation jumps more than expected to 3.6% (BBC Business 2025-07-16 06:17:29)
Food prices rose more quickly while fuel fell only slightly, boosting the overall rate of inflation.
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Labubu mania to drive up profit 350%, Pop Mart says (BBC Business 2025-07-16 03:55:41)
Sales, branding and tight cost controls have helped Pop Mart's profits balloon in the first half of 2025.
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Labubu firm sees profit soaring by at least 350% (BBC Business 2025-07-16 03:55:41)
Sales, branding and tight cost controls have helped Pop Mart's profits balloon in the first half of 2025.
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Labubu craze to drive up profit 350%, Pop Mart says (BBC Business 2025-07-16 02:15:57)
Sales, branding and tight cost controls have helped Pop Mart's profits balloon in the first half of 2025.