The Latest Breaking News on Economy

‘Sobering’ analysis suggests backlog will rise to 8 million next summer after a decade of underinvestment in the NHS

The October bulletin ‘shows extremely concerning economic trends’ as inflationary trends have remained above the RBI’s threshold level of 4%.

Britain in for ‘protracted period of high taxes and tight spending’, says Institute for Fiscal Studies

Britain is heading towards a recession next year as borrowing costs stay elevated, the IFS warned in its latest Green Budget.

Various schemes which should support people back into work do not respond to people’s needs, according to the Local Government Association.

Urban consumers enter 2023 festival season w/ more confidence than 7 years ago. RBI's Consumer Confidence Survey finds 36% of respondents say general economic situation improved, 25% say income improved, & 91% say price levels of commodities increased. FEI hit highest level in 4 years.

UK services sector lifts economy back to growth in August, but BoE policymaker Swati Dhingra warns that economy is flatlining

Britain’s economy returned to growth in August but remains firmly stuck in the slow lane, new official figures reveal today.

Inflation in the United States likely eased again last month, though the decline might have slowed since summer, a reminder that the outsize price pressures of the past two years will take more time to cool