Helia Ebrahimi , Economics Correspondent
Helia Ebrahimi is the Economics Correspondent for Channel 4 News.
Channel 4 News' Economics Correspondent Helia Ebrahimi reports on the big changes in the economy and the public finances - and how they'll influence the world you live in.
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UK economy shrinks more than expected in July due to rain and strikes
Amid a flurry of mixed signals on the state of the British economy, new figures show it shrank last month at a much faster pace than expected. The Office for National Statistics said GDP fell by 0.5% in July – blaming the rainy weather and widespread strikes. But just a few days ago the ONS…
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Stalling economy and soaring pay poses problem for chancellor
Will soaring wages and a stalling economy pose a problem for the UK?
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Wilko: 12,000 people face redundancy after talks collapse
12,000 people are facing redundancy after the collapse of talks to rescue the home bargains chain Wilko.
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Bank of England raises interest rates for fourteenth time in a row
Bank of England interest rates went up for the fourteenth time in a row today, to 5.25 per cent, meaning more pain for mortgage holders across the country.
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“Not convinced by the evidence for a windfall tax on the banks”, says shadow chancellor
Labour wants banks to be compelled to follow a new set of rules – rather than just leaving it up to them.
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Inflation eases more than expected to 7.9%
Inflation has eased more than expected, falling to 7.9%.
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‘We need AI to be held accountable,’ says DeepMind co-founder Mustafa Suleyman
Artificial intelligence could bring chaos and conflict, and companies developing it need to accept regulation to control it – that’s according to one of the leading entrepreneurs who’s pioneered the technology.
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Interest rates don’t need to keep rising says Bank of England rate setter
There’s no need for further interest rate rises to bring inflation back under control – that’s the verdict tonight of one of the nine people who set rates at the Bank of England.
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Thames Water: Will government save water company from collapse?
The government says it is working behind the scenes to ensure that Thames Water customers won’t be impacted as rumours circulated today that the company, which is £14bn in debt, is on the verge of going bust.
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Supermarket bosses say prices have ‘never been more competitive’, amid highest food inflation in 45 years
“We’ve never been more competitive” – that was the message the big supermarkets tried to sell to MPs today.
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Interest rates up to 5% to curb inflation, Bank of England says. Helia Ebrahimi with the latest on the UK economy.
If mortgage payers, renters and businesses were feeling the squeeze before today, well now the pips are coming out.
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UK inflation remains at 8.7% as mortgage holders brace for another interest rate hike
Inflation: the enemy which Rishi Sunak pledged to “face down” by the end of year – looks to be going nowhere fast, according to data released today, risking growth in the UK economy and sparking fears of recession
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Government’s plan to cap basic food prices a ‘political stunt’, says ASDA Chairman
Asda’s chairman tells our Economics Correspondent Helia Ebrahimi that he believed the government’s plan to cap prices for basic foods is a political stunt – which could be illegal.
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UK inflation stuck at highest level in forty years
Inflation is down by a wafer. It was 8.7 per cent in April. But that’s not down as much as expected, stoking fears that the UK has a big problem with rising prices.
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Vauxhall owner warns battery-powered vehicle making at plants is at risk due to Brexit deal
One way out of climate change is to switch away from greenhouse gases.
