The Latest Breaking News from Economics

UK chancellor Jeremy Hunt laid out his plans for the British economy today. The statement was made against a backdrop of a more than 40-year inflation high and recession warnings from the Bank of England.

YANGON: Myanmar's military said on Thursday it will release almost 6,000 prisoners, including a former British ambassador, a Japanese journalist and an Australian economics adviser in a rare olive branch from the isolated junta.

Prime Minister Rishi Sunak and Chancellor Jeremy Hunt's upcoming mini budget is set to be a disaster and shows they haven't learnt anything, writes Kevin Maguire

He rose quickly through the Tory ranks to take on the vital role of health secretary during a global pandemic. He’ll appear on national TV this weekend (probably) eating kangeroo testes. So, what happened, asks Amy Francombe

Brexit, the US-China trade war, Russia’s invasion of Ukraine—more such geopolitical surprises will continue the economic upheaval.

Are criminals rational? In his groundbreaking work of 1968, Gary Becker argued that they are. The American economist, who would go on to win the Nobel prize in economics in 1992, theorised that individuals engage in crime only if the returns are greater than the returns from engaging in legal…

It fits the definition of madness to propose more austerity. But that, along with higher interest rates, is what’s coming, says Guardian economics editor Larry Elliott

Prime Minister Anthony Albanese says a budget cash handout would have been "cheap politics and hugely expensive economics".

With former British Prime Minister Liz Truss’ free-market reforms having severely wounded the British economy, a chorus of pundits have claimed that the end of free-market thought is upon us. Who could at this point be so foolhardy as to claim that simply cutting taxes for the rich — and…