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All news on the topic: Economics

411
China responds with tariffs to U.S. duties as the trade war escalates
Tariffs on coal, LNG, crude oil and other goods announced after US imposes levy on imports
679
UK pay growth hits 5.6% in November, increasing pressure on Bank of England
Annual growth in average weekly earnings increases by 5.6% in three months to end of November
569
Budget will restore significant cuts to the UK’s public investment, confirms Reeves
Chancellor pledges to spend, but says there will be no Truss-style splurge when she changes fiscal rules in budget
412
Debt has reached 100% of national income for the first time since the 1960s, driven by increases in public sector pay
The latest official figures from the Office for National Statistics show that public sector net debt is 100% of the nation’s economic output.
490
UK economy unexpectedly flatlines for second month in row
Pre-election slowdown continues in July despite economists predicting growth of 0.2%
512
UK ‘needs £1tn investment over 10 years to hit economic targets’
To achieve 3% annual growth, £100bn a year must be found for key sectors like housing and energy, City taskforce finds
678
A study finds that London workers are slower to return to the office than those in New York or Paris
Office attendance in UK capital similar to levels in Toronto and Sydney, thinktank finds
582
UK government borrowing in July reached £3.1 billion, surpassing expectations
Figures come amid row between Labour and Conservatives over true state of public finances
566
Rachel Reeves plans to raise taxes and cut spending in the October budget
Chancellor insists she still has large black hole to fill despite stronger-than-expected growth in first half of 2024
467
Wall Street experiences worst day in nearly two years following global sell-off
Fears of recession in US caused leading share indices to tumble, just weeks after they last scaled record highs
496
UK employment market slows down as wage increases decelerate
Interest rate cut hangs in balance after ONS figures show annual pay growth eased to 5.7% in three months to May