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The Latest Breaking News from Economy

Budget situation is ‘desperate’, Reeves warned as experts say she has no choice but to raise big taxes

Labour chancellor told a ‘Scrabble bag’ of smaller increases will not rejuvenate UK’s faltering economy

The Independent UK

China says it will ‘fight to end’ after US said it was trying to hurt world economy

Commerce ministry says US is ‘threatening to intimidate’ with plans for new Trump tariffs on exports

The Guardian - UK

Scott Bessent Says Shutdown Has Started To Affect The Economy: 'No Kings Means No Paychecks'

According to U.S. Treasury Secretary Scott Bessent, the ongoing federal government shutdown is showing signs of affecting the nation’s economy.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

The $2.5 trillion ocean economy is at a crossroads. Capital must act now

The Prince Albert II of Monaco Foundation believes in leading by example. That's why we created the €100 million ReOcean Fund with Monaco Asset Management.

Fortune

UK economy at risk of ‘bumpy landing’; JP Morgan’s Dimon warns of ‘more cockroaches’ after collapse of First Brands and Tricolor – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

'A Tale of Two Economies:' Steve Eisman Warns AI Spending Is Masking America's Weak Growth Reality — Rest Of Country 'Is Barely Growing'

Investor Steve Eisman, known for accurately calling the 2008 financial crisis, is sounding the alarm once again, this time on the growing disconnect between America’s booming tech sector and its stagnating broader economy.

Benzinga

Dhaka's Labour Law Plans Could Undermine Bangladesh's Growth Model

Bangladesh's garment sector, the lifeblood of its economy, faces uncertainty as fresh labour law changes raise fears of disruption and declining investor confidence.

International Business Times

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Blair’s former policy chief Matthew Taylor to lead Fair Work Agency

Author of influential report on the gig economy says new watchdog can make progress on workers’ rights

The Guardian - UK

GoFundMe CEO says the economy is so bad that more of his customers are crowdfunding just to pay for their groceries

GoFundMe’s CEO says more Americans are crowdfunding everyday essentials like groceries as high costs and strained household finances persist.

Fortune

Squawk Box co-host warns of similarities between today and Wall Street in 1929: ‘I can assure you, unfortunately, we will have a crash’

Financial journalist Andrew Ross Sorkin says he worries about an artificial intelligence bubble in the US

The Independent UK

Farage denounces ‘cretins’ in charge of the economy as he pledges ‘big bang two’

The Reform UK leader has pledged to boost trade in digital assets if his party forms a government.

Evening Standard

Trade is shaping new global power relations: what this means for Africa

Over the past two decades, economic strength, trade flows, technological leadership and even consumer demand have been moving steadily from west to east. This transformation is redrawing economic maps. It is also raising urgent questions about co-operation, competition and inclusion in a multipolar world. Lecturer in economics and finance Arno…

The Conversation

Uncertainty over the economy and tariffs forces many retailers to be cautious on holiday hiring

Rising tariff costs and other economic factors are forcing retailers to pull back or even delay their plans to hire seasonal workers

The Independent UK

Reform UK abandoning manifesto pledge of £90bn in tax cuts, deputy leader admits

Richard Tice says party will concentrate on cutting civil service and scrapping net zero once in government

The Guardian - UK

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Windows Central

Microsoft reveals AI could save 12.1 billion hours annually across the UK economy — if "Shadow AI" tech doesn't wreck it first

A new report by Microsoft reveals that 71% of employees in the UK have used unapproved consumer AI tools at work, and 51% continue to do so every week, raising privacy and security threats.

Evening Standard

Reform UK would be ‘catastrophic’ for businesses, Welsh First Minister says

Baroness Eluned Morgan was in Port Talbot to announce a new £547 million funding pot from the UK Government to create new jobs and boost productivity.

Fortune

Trump bet China would face ‘tremendous difficulties’ without U.S. consumers—Beijing just focused on the rest of the world instead

China’s trade diversification has been so successful that its export market is growing significantly despite the trade war.

The Conversation

Why Russia’s provocations in Europe actually signal a weakened strategic position

There’s recently been a significant uptick in Russian incursions into Europe. They started in mid-September with Russian drones violating Polish airspace, resulting in Poland being forced to deploy its air force to protect its sovereignty.

Get all your
news in one place.

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The Independent UK

Brighton councillor calls for tourist tax powers for England’s local governments

Councillor Bella Sankey said funds raised from tourist taxes would be reinvested in the local area

The Conversation

‘Doughnut economics’ shows how global growth is out of balance - and how we can fix it

A new update to an influential economic theory called “Doughnut Economics” shows a global economy on a collision course with nature.

Benzinga

Taiwan's Chip Industry Unfazed By China's Rare Earth Export Curbs: Report

Taiwan’s economy ministry has stated that the country’s semiconductor industry will remain largely unaffected by China’s newly expanded rare earth export controls.

The Guardian - UK

The IMF boss is right to say ‘buckle up’ – the global economy is facing multiple menaces

Trump’s latest tariff tantrum and rising fears of an AI bubble have quickly borne out Kristalina Georgieva’s claim that ‘uncertainty is the new normal’

International Business Times

China Accuses US Of 'Double Standards' Over New Tariffs Threat

China accused the United States of "double standards" on Sunday, after President Donald Trump threatened an additional 100 percent tariff on the world's second-largest economy.

The Independent UK

New EU border checks could cause four hour waits and cost UK economy £400m, industry warns

The Entry Exit System (EES), being rolled out on Sunday, means UK travellers will need to have their fingerprints registered and photograph taken to enter the Schengen area

Euronews

Reappointed French PM Lecornu says new cabinet must not give in to partisan interests

Renamed by President Emmanuel Macron late Friday after a week of political chaos, Lecornu called for calm and for the support of political parties to produce a budget for the European Union’s No. 2 economy before looming deadlines.

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