The Latest Breaking News on Economy

Income tax thresholds, including the personal allowance, have been frozen for four years. But inflation is soaring and could hit 13% - meaning people will be dragged into paying more

Young people have been taking to the streets across India, demanding governments act to provide more jobs. In the northern state of Bihar, large numbers protested on February at delays in filling public sector vacancies. Some of them had passed the required examinations but waited several years for their job…

Prices rises will cause cuts in healthcare, education and defence unless the Treasury intervenes, according to a leading economic think tank

Severe cuts to services feared as rising costs absorb a big chunk of increased departmental spending

The Monetary Policy Committee (MPC) is expected to raise the policy interest rate for the first time in two years by 0.25% on Wednesday to 0.75%, as inflation soared above 7% in the last two months, bringing an end to a low-interest era, analysts say.

Consumer sentiment normally has a political bias – voters for the government of the day survey more optimistically than those supporting the opposition.

Report proposes big changes to Australian economy including giving workers more clout to bargain for better pay

Our politicians have opted to protect profits instead of people. Even my own party isn’t doing enough, says MP Zarah Sultana

Foreign secretary previously said she did not want to give ‘handouts’ to people struggling with cost of living

The number of businesses falling into administration spiked in July as economists warn the economy is headed towards a “turning point”.

Sharon White says government should ‘think much more’ about encouraging Covid retirees to return on flexible basis