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The Latest Breaking News from Economic Growth

UK cannot afford to not build runways, says Reynolds ahead of key Reeves speech

The Chancellor is due to set out policies on Wednesday to encourage economic growth, including an expected expansion of Heathrow airport.

Evening Standard

UK Eyes Third Heathrow Runway In Growth Takeoff Bid

Britain's finance minister Rachel Reeves is on Wednesday expected to announce controversial plans for a third runway at London's Heathrow airport as the Labour government seeks to kickstart economic growth.

International Business Times

UK politics - live: Backlash as thousands of children to be detained under new Labour borders bill

Keir Starmer has been joined by Gordon Brown, Ed Miliband, Sadiq Khan and Yvette Cooper at service for Tony Blair’s former deputy prime minister

The Independent UK

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Reeves’ growth drive rubbished by charity as report exposes scale of UK poverty

The chancellor says growing the economy is Labour’s main priority, but the Joseph Rowntree Foundation says economic growth alone won’t pull millions out of poverty

The Independent UK

Economic growth alone not enough to cut poverty, says charity

The Joseph Rowntree Foundation said poverty levels could even rise if economic growth is not accompanied by employment growth.

The Independent UK

Reeves warned ‘it’s crunch time’ as chancellor relaunches her economic growth agenda

Rachel Reeves will attempt to win back her credibility with business in a major speech today

The Independent UK

Senate Confirms Scott Bessent As Treasury Secretary

Scott Bessent confirmed as Treasury Secretary, focusing on tax cuts, deficit reduction, and tariffs for economic growth. Historic milestone as first openly...

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Is Weis Markets a Defensive Stock to Buy Amid Market Volatility?

The U.S. economic growth is projected to slow in 2025, stemming from inflation concerns, coupled with uncertainties around changing policies, resulting in overall market volatility. Amid this, investing in defensive stocks like Weis Markets (WMK) is a popular strategy. So, is this stock a buy now? Read more to find…

StockNews.com

Europe's largest data centre to be built in London commuter belt as £4bn plan given green light

Minister Sir Chris Bryant said the project ‘would drive economic growth through the creation of skilled jobs across the South East’

Evening Standard

European Central Bank President Suggests Attracting American Workers

Christine Lagarde suggests Europe may attract disenchanted American workers for economic growth at the World Economic Forum in Davos.

Top News

Britain must not drive away the global rich

THE INDEPENDENT VIEW: Editorial: Keen to be non-ideological in its pursuit of economic growth, the government has wisely adjusted its proposed changes to the taxation of non-doms

The Independent UK

Are Rachel Reeves’s efforts to win business confidence ‘fiddling while Rome burns’?

Pro-growth charm offensive aimed at getting Labour back on the front foot has drawn concerns and questions

The Guardian - UK

Rachel Reeves’s bid to expand Heathrow could add £40 to airline ticket

Treasury analysis shows ticket prices expected to go up across board with no plans for frequent flyers to shoulder more of the cost

The Guardian - UK

Political Crisis Hits South Korea Growth: Central Bank

South Korea's economic growth slowed in the last quarter of 2024, data from the central bank showed Thursday, as the country struggled with the fallout from impeached President Yoon Suk Yeol's brief declaration of martial law.

International Business Times

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Top News

Trump's Executive Order Sparks Controversy Over Alaska's Resources

President Trump's executive order promoting oil and gas drilling in Alaska sparks debate on economic growth versus environmental conservation.

The Independent UK

Labour split over support for Heathrow expansion with Reeves set to give backing

Chancellor Rachel Reeves is expected to voice her support for a third runway at Heathrow despite opposition from cabinet collegue Ed Miliband and London mayor Sadiq Khan

StockNews.com

3 Stealth Value Plays in the Consumer Discretionary Sector

The consumer discretionary sector offers value due to resilient spending, robust economic growth, falling interest rates, rising wages, and favorable government policies supporting long-term prospects. Therefore, investors might consider consumer discretionary stocks like LKQ (LKQ), Mohawk Industries (MHK), and BorgWarner (BWA) as stealth value plays. Keep reading.

Evening Standard

OPINION - It will be messy and painful, but Britain can't afford to reject a third runway at Heathrow

Labour has been heavily criticised for its lack of compelling overarching vision for the country. But if there are two themes that do define this Government, they are the commitment to make Britain a world leading net zero green superpower, and the elusive quest for economic growth.

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The Independent UK

Rachel Reeves to back Heathrow third runway in bid for economic growth

Government could back much-delayed plan for third runway at Heathrow, as well as expansion of Gatwick and Luton airports

The Guardian - UK

Heathrow third runway plan labelled ‘desperate’ amid Labour divisions

Rachel Reeves hopes expansion will increase economic growth but Ed Miliband and Sadiq Khan oppose it

The National (Scotland)

'Real incomes will be lower due to Labour's Budget', economic experts warn

LABOUR have been called out for promising to kickstart economic growth after experts said the UK Government’s Budget will mean inflation and…

The National (Scotland)

'Empty-minded' Labour's growth push panned by top economics experts

LABOUR have been panned for their “contradictory” and “empty-minded” approach to economic growth by a leading political scientist.

Newslaundry

Let Me Explain: The rising financial burden on India’s middle class

India’s middle class, comprising nearly 30 to 40 percent of the population, plays a crucial role in driving consumption, boosting government revenue, and supporting economic growth. Yet, they bear a disproportionate share of the financial burden.

Top News

IMF Forecasts Global Economic Growth Amid Uncertainty

IMF's World Economic Outlook report projects global growth at 3.3% for 2025-2026, citing challenges like COVID-19 impacts and geopolitical tensions.

AAP

Road funds part of $18b spend on suburban 'engine room'

A critical pipeline will be upgraded to get workers and tourists in and out of a major new airport and create an "engine room for economic growth".

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