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The Latest Breaking News from Economic Growth

Rachel Reeves targets trade deal with Donald Trump as UK economy stalls

As official figures showed economic growth stalling under Labour, Rachel Reeves said she wanted to boost trade with the US and ‘looks forward to working with president-elect Donald Trump’

The Independent UK

Economic growth slows to 0.1% between July and September

The quarterly estimate was behind economists’ predictions and comes as a blow to Chancellor Rachel Reeves.

Evening Standard

UK plans to create pension megafunds with aim of unlocking $100 billion for investment

British Treasury chief Rachel Reeves says the government plans to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and boosting the U.K.’s sub-par economic growth

The Independent UK

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Rachel Reeves fightback to woo the City: I’ll ease banking regulations

Chancellor pledges to lift banking regulations to boost growth as she launches fightback against criticism of her Budget

The Independent UK

Rachel Reeves unveils 'pro-growth' shake-up of excessive City regulation and red tape

Chancellor tells the City she is “clear that the financial services sector must play a central part in our economic vision and our plan for economic growth. “

Evening Standard

Bank of England chief to say UK must ‘rebuild relations’ following Brexit

Andrew Bailey will talk about the importance of economic growth at the annual Mansion House speech in the City of London.

The Independent UK

New Pension Schemes Bill: What you need to know about the megafunds shake-up

Reforms will be introduced under a new Pension Schemes Bill next year

The Independent UK

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Pension ‘megafunds’: How do they work and is bigger always better?

Reforms will be introduced under a new Pension Schemes Bill next year, as part of Government plans to boost economic growth.

Evening Standard

UK To Merge Pension Funds To Boost Economic Growth

British Treasury's groundbreaking plan to merge pension funds for investment and economic growth, garnering widespread support.

Top News

Right-wing think tank welcomes Rachel Reeves’ pension ‘megafunds’ overhaul

Rachel Reeves will promise the biggest overhaul of the pensions market in decades as she addresses the City of London

The Independent UK

Pension ‘megafunds’ to be created to boost investment and economic growth

The megafunds will mirror schemes in Australia and Canada under the Government plans.

Evening Standard

Lee Zeldin Excited To Lead EPA In Economic Prosperity Push

Former Rep. Lee Zeldin appointed as EPA administrator, focusing on economic growth and energy dominance under President Trump's vision.

Top News

Trump's Economic Policies: Impact On Prices And Inflation

Explore the potential economic impacts of President-elect Trump's proposed policies on inflation, economic growth, and the federal budget deficit.

Top News

Crude Closes Lower On China Energy Demand Woes

December WTI crude oil (CLZ24 ) Friday closed down -1.98 (-2.74%), and December RBOB gasoline (RBZ24 ) closed down -0.0411 (-2.00%). Crude oil and gasoline prices Friday were under pressure after Chinese stimulus measures were seen as underwhelming, which may keep Chinese economic growth and energy demand subdued. Also, Friday's...

Barchart

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Barchart

Crude Oil Tumbles on Disappointment About Chinese Stimulus Measures

December WTI crude oil (CLZ24) today is down -2.14 (-2.96%), and December RBOB gasoline (RBZ24) is down -0.0459 (-2.24%). Crude oil and gasoline prices today are under pressure after Chinese stimulus measures were seen as underwhelming, which may keep Chinese economic growth and energy demand subdued. Also, today's dollar strength...

The Conversation

Trump’s plans to extend tax cuts and slash red tape will likely spur economic growth − but there’s a cost

The economy was one of their top issues as voters went to the polls this year. So what does Donald Trump’s return to the White House – as well as Republican gains in Congress – mean for the U.S. economy?

The Guardian - UK

How the climate crisis threatens the Panama Canal – and the country’s future

Recent drought restrictions on the waterway cost the country $1bn. Now, newly appointed environment minister Juan Carlos Navarro must find a way to balance sustainability with economic growth

Top News

Markets Surge As Trump Wins Presidency And Republicans Control Senate

Stocks, bonds, and bitcoin surged post-Trump's re-election, with markets optimistic about economic growth. Global markets are closely monitoring the implic...

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The Conversation

Africa’s cities are growing chaotically fast, but there’s still time to get things right – insights from experts

Cities are vital engines of economic growth, innovation and social progress. They shape the futures of nations and the lives of millions.

Evening Standard

Keir Starmer hits back at business tycoon Sir James Dyson attack on Budget as 'spiteful'

The Government insists its fiscal plans will boost economic growth

Top News

Economic Growth At Stake In Presidential Election

Explore the economic strategies of Kamala Harris and Trump, with concerns over democracy's impact on U.S. growth and stability.

Evening Standard

OPINION - The Standard View: Labour's National Insurance raid will hit "working people"

It was not all that long ago the Labour Party was campaigning for government, promising to prioritise economic growth, and reassuring voters that vast tax rises were not necessary. Yesterday’s Budget put paid to that.

The Independent UK

Taxes will have to rise further despite Reeves’ £40bn tax grab, IFS director warns

Rachel Reeves has hit back at criticism of her Budget after the chancellor received backing from the International Monetary

The Guardian - UK

OBR says budget unlikely to lift economic growth over next five years

Forecaster says extra spending revealed by Rachel Reeves will give only a short-term lift to economy

Evening Standard

UK economic growth upgraded this year amid ‘temporary boost’ from spending

The Office for Budget Responsibility has predicted that UK gross domestic product will grow by 1.1% in 2024.

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