The Latest Breaking News from Economy

The Deputy First Minister welcomed the figures ‘in the context of global economic uncertainty’.

SCOTLAND recorded an increase in GDP at the start of 2025 while the UK as a whole saw the economy contract, according to new figures ...

Turkey’s president has accused the political opposition of “sinking the economy” during the country’s largest protests in more than a decade

Watch as Rachel Reeves delivers her spring statement on the state of the UK economy on Wednesday, 26 March.

Spain's economy grew 3.2% in 2024, one of the fastest in the eurozone, driven by strong domestic demand, robust tourism, and EU recovery funds, outperforming Germany, France and Italy. Economists say Spain remains a ‘bright spot’ in Europe, expecting this outperformance to continue through 2025.

The better-than-expected inflation figure comes as a relief to the economy as it faces the looming threat of stagflation: high inflation coupled with low output.

As the election starter’s gun is about to be fired, Tuesday’s budget announced modest income tax cuts as the government’s latest cost-of-living measure. The Coalition has opposed the tax relief, with Peter Dutton’s Thursday budget reply to put forward his policy counters on the cost of living.

Third of global GDP could be lost this century if climate crisis runs unchecked, says report

Asian markets are mostly higher after Wall Street followed up one of its best days of the last year with a quiet day of trading

Americans are expecting inflation and a recession

Lingering hopes that Donald Trump's planned tariff blitz next week will not be as painful as feared helped lift Asian markets Wednesday, though uncertainty about the president's policies and the US economy tempered optimism.