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The Latest Breaking News from Economy

UK Economy Unexpectedly Shrinks In January In Blow To Govt

Britain's economy unexpectedly shrank in January, official data showed Friday, piling more pressure on the Labour government ahead of its Spring Statement on the economy.

International Business Times

Analysts Warn of Mexican Recession as U.S. Tariff Threats Persist: 'This Quarter is Lost'

JPMorgan and Goldman Sachs estimate a 25%-31% chance of a U.S. recession, which would have immediate repercussions for Mexico, where 83% of exports rely on the U.S. economy.

Latin Times

Sky News Interrupts for Breaking Update in Major Blow to Rachel Reeves and Keir Starmer

The Fashion Central

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Chancellor ‘determined to turn around’ economy amid surprise fall in GDP

Figures revealed a surprise contraction in the economy in January, in a blow to Rachel Reeves ahead of her spring statement.

Evening Standard

UK economy shrinks in January; stocks and euro jump on German debt deal – as it happened

UK economy unexpectedly contracts by 0.1% in January in blow to the chancellor ahead of spring statement; Friedrich Merz declares: ‘Germany is back’

The Guardian - UK

UK economy unexpectedly shrank by 0.1% in January in blow to Rachel Reeves

The slowdown in January piles further pressure on Rachel Reeves and Sir Keir Starmer ahead off this month’s spring statement

The Independent UK

UK economy contracts in January amid faltering production sector

The latest economic figures for January came after a surprise leap in growth before Christmas.

The Independent UK

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FTSE 100 Live 14 March: Gold price milestone, GDP setback as Berkeley urges rate cut clarity

Recession fears stalked the City today after official figures showed the UK economy went back into reverse in January.

Evening Standard

UK economy shrinks unexpectedly in blow to Rachel Reeves

ONS data showing 0.1% fall in GDP in January comes less than two weeks before chancellor’s spring statement

The Guardian - UK

Asian shares advance, despite Wall Street's tumble, as China pledges to boost consumer spending

Asian markets have shrugged off another decline on Wall Street, with markets in China advancing after banks and other financial institutions were ordered to do more to help spur more consumer spending

The Independent UK

Musk’s own Grok chatbot declares Democrats better for the economy than Republicans

Better not tell Donald Trump

The Independent UK

A 10% drop for stocks is scary, but isn't that rare

The U.S. stock market has just dropped 10% from its high set last month, hurt by worries about the economy and a global trade war

The Independent UK

Ex-NOAA Chief: Trump Firings Put Lives, Jobs, And Science In Jeopardy

As the Trump administration prepares for its next wave of federal layoffs, the former head of a key US climate agency spoke with AFP about its role in public safety, scientific research, and protecting the American economy.

International Business Times

Digital labourers will drive the coming AI workplace revolution

London is poised to capitalise on the rapidly expanding AI economy

Evening Standard

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Evening Standard

UK warns Russian economy will be ‘crippled’ without a peace deal with Ukraine

Downing Street backed Donald Trump’s warnings of ‘very bad’ financial consequences for Moscow if Vladimir Putin fails to co-operate with peace talks.

The Conversation

Protectionism has a long history in the US – so its return should not be all that surprising

While Britain has for the most part had a strong commitment to free trade, it’s a very different story in the US, which has a long history of protectionism. This means that President Donald Trump’s tariff wars are playing out very differently politically on his side of the Atlantic. And…

Fortune

The next C-suite pivot is from a DEI to a DOGE mindset—and leadership roles are in for a shakeup

Most current executives grew up in an economy sheltered from the most destructive forms of competition. It’s time to refocus.

International Business Times

Germany's Merz Urges MPs To Back Spending Bonanza In Fiery Debate

Germany's likely next leader Friedrich Merz said Thursday urgent action was needed to boost the country's under-resourced military and ailing economy, as he defended plans for a spending bonanza during a fiery parliamentary debate.

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International Business Times

More Than Half Of Americans Say Trump's Handling Of Economy Is 'Erratic': Poll

More Americans are not happy about how President Trump is handling the economy, a new poll revealed, highlighting concerns around the U.S. leader's tariffs and its impact on financial markets.

RideApart

Your New Harley Is About To Get More Expensive If You Live In Europe

[UPDATE March 13, 2025: The European Association of Motorcycle Manufacturers (ACEM) issued a call to exclude the entire motorcycle category from the trade war. ACEM Secretary General said, "Whilst we recognize the need for a balanced response to trade disputes, motorcycles should not become collateral damage in broader trade conflicts.…

Latin Times

Expert Warns: Trump Must Choose Between Mass Deportation and Tariffs—'You Can't Have Both'

Mexico must offer opportunities to deported citizens, but its economy is already under strain.

The Guardian - UK

Labour needs an urgent history lesson. Its plans couldn’t fund a war and won’t boost growth

We are seeing a pale version of military Keynesianism, and for what? That money would be better spent fighting the climate crisis, says Guardian columnist Larry Elliott

The Conversation

Politics with Michelle Grattan: Peter Dutton on why he’s not Australia’s Trump – ‘I’m my own person’

On current opinion polls, we are looking at a very close race at the May election. As voting day draws near, Peter Dutton will face more forensic questioning about his policies and how he would run government.

The Independent UK

Americans aren’t happy with Trump’s handling of the economy or his tariffs, new polls show

More than half of Americans disapprove of Trump’s economic policies

Al Jazeera

US public souring on Trump’s handling of economy, polls show

Majority of Americans disapprove of Trump’s economic management amid stock market turmoil, polls show.

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