The Latest Breaking News on Economy

Treasurer says improvement comes in large part from higher than expected commodity prices boosting returns from mineral exports

Governors of Arab central banks and monetary institutions announced that central banks in the region have maintained capital and liquidity adequacy above the minimum limits established in the Basel Agreement, noting that the total debt in the sector exceeded $756 billion. For his part, the Governor of the Saudi Central…

Q1 surge in private consumption not just a function of pent-up demand but also rising employment levels, it says

Businesses may struggle as consumers cut back spending amid high inflation and rising fuel costs, economists warn

Figures show the cost-of-living crisis is biting before small businesses have fully recovered from the pandemic

HMRC said there were a record number of pay-rolled jobs in August

Economists accuse bondholders of standing to make huge profits at the expense of the crisis-hit country

Reserve Bank governor Philip Lowe says he will keep lifting interest rates but the pace will soon slow down and he is confident the economy can absorb the rises.

Lower paid workers are facing 'worst-ever' financial crisis, research warns

Major economies are delivering interest rate increases to quash domestic inflation.

This is a government in a hurry. Boris Johnson secured an 80-seat majority but due to a combination of Covid, scandal and ideological torpor, did not get much done. Liz Truss, on the other hand, has no plans to let this majority go to waste.