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The Latest Breaking News from Economics

Post Office management were ‘thugs in suits’, former Lib Dem leader Vince Cable tells inquiry – as it happened

Cable agrees with characterisation of leadership at state-owned body when he was business secretary from 2010-15 in testimony to hearings on Horizon IT scandal

The Guardian - UK

Thames Water credit rating downgraded to ‘junk’ status by Moody’s – as it happened

Live coverage of business, economics and financial markets as rating agency says water company will struggle to find new investment

The Guardian - UK

Son fears father could die after year detained in Azerbaijan as political prisoner

It is a year since London School of Economics professor Gubad Ibadoghlu was unlawfully imprisoned in Azerbaijan. Tom Watling speaks to his son, 24-year-old Ibad

The Independent UK

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Boxer Delicious Orie: ‘I wouldn’t go to the Olympics if I didn’t think I would win a gold medal’

In the run-up to Paris, the amateur boxer tells Donald McRae about his friendship with Anthony Joshua and how, in another life, he may have been on the Russia-Ukraine war frontlines

The Guardian - UK

Capital Economics: Minimal Economic Impact Expected From IT Disruption

Capital Economics' early assessment indicates minimal macroeconomic impact of recent disruption.

Top News

International economics experts intervene in Scottish currency debate

ECONOMISTS from across the globe attended a conference at Leeds University this week – with many having something to add to the debate on…

The National (Scotland)

UK grocery inflation falls to 1.6%; Fed chair Powell hints at US rate cuts – as it happened

Live, rolling coverage of business economics and financial markets as Kantar data shows pressure easing on UK shoppers, and the Fed hints at nearer term rate cuts

The Guardian - UK

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Wall Street stocks rise after Donald Trump assassination attempt – as it happened

Live, rolling coverage of business economics and financial markets as share price of Trump Media & Technology Group and cryptocurrency price rise as traders position for Trump election victory

The Guardian - UK

Can you change your mind after you buy a house?

This article is part of The Conversation’s “Business Basics” series where we ask experts to discuss key concepts in business, economics and finance.

The Conversation

How does Australia’s progressive tax system work – and what is ‘bracket creep’?

This article is part of The Conversation’s “Business Basics” series where we ask experts to discuss key concepts in business, economics and finance.

The Conversation

Trump's Veep: Better Burgum Than Vance or Rubio

Sens. J.D. Vance and Marco Rubio—unlike Gov. Doug Burgum—have proven that they will move the GOP away from free market economics.

Reason

Inflation will go up regardless of who the next president is, but under Trump’s tariffs it would be higher for longer, Oxford Economics says

Jerome Powell is eyeing lower inflation, but Oxford Economics says it’ll rise after the presidential election—no matter who wins.

Fortune

Rachel Reeves says the UK’s public finances are in a dire state – but here’s why I’m cautiously optimistic

The markets haven’t imploded, sterling is solid, and there is no flight of investors – and given the circumstances, the only way is up, says Guardian economics editor Larry Elliott

The Guardian - UK

‘Smoke and mirrors’ in French parliament as left seeks to take helm, expert says

France’s next prime minister may not come from the left despite the left-wing alliance New Popular Front’s (NPF) winning the most seats in the French legislative elections. Despite the NPF’s victory, it failed to secure a majority in parliament which the centre and the right could achieve if they banded…

France 24

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The Conversation

How the economics of oil could sway the US presidential election

Oil continues to influence global economics and politics like no other finite natural resource. In the 2024 US presidential election, the strategic commodity will be an important domestic issue.

The Guardian - UK

Dyson to cut 1,000 jobs in the UK; chancellor launches national wealth fund –as it happened

Rachel Reeves says ‘Britain is open for business and the work of change has begun’

The Guardian - UK

Bank of England policymaker argues for holding interest rates until inflation pressures ease – as it happened

Live coverage of business, economics and markets as Jonathan Haskel says UK ‘inflation will remain above target for quite some time’

Fortune

If mortgage rates stay above 6.5%, ‘the chances of an imminent recovery are slim’ for housing demand, Capital Economics says

Mortgage applications and sales are weak, to say the least, off the back of dampening demand.

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news in one place.

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Reason

Debate: Austrian vs. Chicago Economics

Economists Gene Epstein and David Friedman debate the merits of the Austrian and Chicago schools of economics.

The Guardian - UK

Labour is putting its plans for Britain in the hands of private finance. It could end badly

Handing vital infrastructure to big finance will generate windfalls for investors and leave the rest of us worse off. We need a better plan, says Daniela Gabor, a professor of economics and macrofinance at UWE Bristol

The Guardian - UK

Nick Hartley obituary

Other lives: Founder member and chief economist at Oftel who later became head of economics and statistics at the DTI

The National (Scotland)

Expert warns Labour and Tory energy policy ‘don't drastically differ’

A LEADING economics expert has said that Labour and the Conservatives “do not drastically differ” on energy policy ...

The Guardian - UK

Port Talbot steel union suspends strike; French share prices jump after elections – as it happened

Live, rolling coverage of business, economics and financial markets as Unite suspends Tata Steel strike and Marine Le Pen’s National Rally set to be largest party in France

The Conversation

What are financial years – and why are they different from calendar years?

This article is part of The Conversation’s “Business Basics” series where we ask experts to discuss key concepts in business, economics and finance.

The Conversation

Grand Slam tennis: how economics shed light on champions’ performances

Every year in late spring, Paris and London play host to the world’s tennis elite. As an amateur tennis player but a professional economist, this year I wandered the grounds of Rolland-Garros to discover the mysteries of international tennis competitions. Appropriately, economics has used game theory, a branch of applied…

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