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The Latest Breaking News on Economy

Rachel Reeves must do more to protect us from a wartime slump

THE INDEPENDENT VIEW: Editorial: At a time of conflict in the Middle East, it would be unfair to blame the government for Britain now facing the biggest hit to growth of all the world’s major economies – but the public is right to expect the chancellor to display a surer…

The Independent UK

Labor backs above-inflation wage bump for low-paid

Wage increases have not been driving recent inflation pressures and low-paid workers deserve a real pay rise, the government says.

AAP

The case of the missing Rs 80 lakh crore: Who shrunk India’s consumption economy?

On February 27, 2026, a new gross domestic product (GDP) series with 2022-23 as its base year was unveiled. This replaced the previous series with a base year of 2011-12. GDP is a measure of the size of an economy. The base year is a fixed year used to compare…

Newslaundry

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Trump Economy Stumbles as February Report Shows 92,000 Jobs Lost Amid Unemployment Rise

The US job market experienced a significant downturn in February, with a loss of 92,000 jobs, challenging the White House's economic narrative.

International Business Times UK

Wavering households ease urgency for more rate hikes

Economic data released this week will leave the Reserve Bank a little less concerned about underlying momentum in consumer demand, an economist says.

AAP

Unions demand an extra week of annual leave for workers

An extra week of annual leave would add two per cent to employment costs but reduce employee turnover and time lost to injury and stress, unions say.

AAP

Spring statement 2026: Forecasts at-a-glance

Chancellor Rachel Reeves said she had the ‘right economic plan’ for the UK despite the budget watchdog slashing its forecast for growth this year.

Evening Standard

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Spring Statement 2026: UK growth forecast slashed as unemployment set to peak with young people hit hardest

Chancellor Rachel Reeves insisted she has the ‘right economic plan’ for Britain despite the budget watchdog slashing its forecast for growth this year

Evening Standard

Iran conflict could have ‘very significant’ impact on UK economy, OBR warns; FTSE 100’s biggest fall in 11 months – as it happened

Spring forecast show UK unempoyment to peak higher than feared, as tax take heads for a record, but headroom against fiscal rules has increased

The Guardian - UK

Renewables growth energises spending as inflation rises

Capital expenditure has been rising fast in Australia as the treasurer warns stubborn inflation will mean savings are needed in the budget.

AAP

Reserve Bank governor denies inflation is ‘taking off’ amid fears of fresh rate hikes

End of government subsidies drives electricity costs up by 19% in the month and leaves power bills nearly a third higher than they were a year earlier

The Guardian - AU

I’m a health volunteer in Kenya – the impacts of the UK decision to cut aid are only growing

COMMENT: A year after the government announced a 40 per cent reduction in international development aid, Kristine Yakhama writes about the impact of the decision on the ground in Kenya’s Kakamega County

The Independent UK

Young bearing the brunt of UK tax and wage changes, says BoE economist

Huw Pill warns combined effect of national insurance and minimum wage rises have ‘acute’ effect on youth employment

The Guardian - UK

Rachel Reeves slammed for 'taking eye off ball' as UK economy grows by just 0.1%

Budget ‘mess’ blamed for dampening economic activity at the end of the year

Evening Standard

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The Guardian - UK

UK GDP: Chancellor Rachel Reeves predicts ‘stronger growth this year’ after UK economy ends 2025 ‘in the slow lane’ – business live

Rolling coverage of the UK’s new GDP report, showing growth of just 0.1% in October-December and 1.3% across 2025 UK economy limps along at 0.1% growth – but there are reasons for optimism in 2026

Kiplinger

Job Growth Sizzled to Start the Year. Here's Why It's Unlikely to Impact Interest Rates

The January jobs report came in much stronger than expected and the unemployment rate ticked lower to start 2026, easing worries about a slowing labor market.

The Guardian - US

US added 130,000 jobs in January, surpassing expectations as 2025 growth is slashed

Unemployment rate was 4.3% in January with gains 13,000 less than the 143,000 jobs added a year ago, report shows

Newslaundry

Credibility device, indirect redistribution: The political economy of the budget is clear

In 2026, the Indian economy entered the budget cycle at an unusual crossroads, even if that’s a cliché in economic analysis. Growth remains among the fastest in major economies, yet private investment is still uneven. Global conditions are volatile: wars in Europe and West Asia continue to disrupt energy and…

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The Guardian - UK

Number of employed people in UK falls again as wage growth slows

Shops, restaurants and hotels particularly hit by slowdown in hiring, as unemployment remains at 5.1%

The Independent UK

Hiring was likely modest in December to end a year of weak job growth

Hiring likely remained subdued last month as many companies have sought to avoid expanding their workforces, though the job gains may be enough to bring down the unemployment rate

Radio France Internationale

French lawmakers pass special budget to keep government running until January

The French parliament on Tuesday passed last-minute legislation to keep the government in business into January after the divided legislature failed to agree a full budget for the coming year. The Senate gave its green light in a late-night vote after MPs in the lower house cleared the bill earlier…

The Guardian - US

US economy grew strongly in third quarter, GDP report says

GDP rose at an annualized rate of 4.3% over the third quarter, far higher than expected

The Guardian - UK

UK economy entering 2026 amid sharp private sector downturn, says CBI

Business lobby survey finds firms ‘put brakes on key spending decisions’ before autumn budget

AAP

Bold company tax proposal still friendless after revamp

An alternative corporate tax proposal could have greater economic benefits if a requirement to be budget-neutral was removed, the Productivity Commission says.

International Business Times UK

US Unemployment Jumps to 4.6% — Worst Surprise in Months

US unemployment unexpectedly rises to 4.6%, the highest in four years, as job growth slows and labour market pressures intensify in the latest US jobs report.

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