The Latest Breaking News from Economy

Home Office: New Visa Rules Could Cost UK Economy £2.2bn–£10.8bn Over Five Years

New Home Office visa rules may wipe up to £10.8bn from the UK economy in five years, with central costs at £5.4bn from lost fees and taxes

International Business Times UK · Dec 11, 2025

Britain slipping down global league table for youth employment, says report

PwC warns that future of a generation is at risk and that jobs crisis is costing UK economy £26bn a year

The Guardian - UK · Dec 11, 2025

HebCelt 2025 generated £4.4 million for Outer Hebrides economy, organisers say

More than 17,000 paying ticket holders attended this year’s festival, which was headlined by Lulu, Tide Lines and Skerryvore.

Evening Standard · Dec 11, 2025

‘Be careful what you wish for’: Top economist warns any additional interest rate cuts after today would signal the economy is slipping into danger

Jerome Powell’s Federal Reserve will likely deliver its final cut of the year on Wednesday. But Claudia Sahm is already looking ahead.

Fortune · Dec 10, 2025

Jimmy Kimmel on Trump: ‘What a child he is’

Late-night hosts discussed a planned UFC fight on the White House lawn for Trump’s 80th birthday and his empty reassurances on the economy

The Guardian - US · Dec 10, 2025

Eurozone's new star: Portugal crowned 2025 'economy of the year'

The accolade comes from British weekly The Economist, which ranked the 36 richest countries in the world. Luís Montenegro calls the recognition a “fair recognition to the merit and hard work of the Portuguese people”.

Euronews · Dec 10, 2025

Nigeria’s economy has improved but ordinary people still feel the pinch: economist offers some solutions

Nigerians have been waiting anxiously for the economy to “turn a corner”, following economic reform initiatives undertaken by President Bola Tinubu in 2023. These included removing the country’s fuel subsidy and freeing up its foreign exchange market.

The Conversation · Dec 10, 2025

Food waste in South Africa is dumped in landfills - study weighs up healthier and more sustainable options

Every year, millions of tonnes of food end up in South Africa’s landfills. This is a wasted resource that deepens environmental damage, worsens food insecurity and costs the economy billions. But there are opportunities to turn what we throw away into value for people, the planet and local economies.

The Conversation · Dec 10, 2025

Fed’s expected rate cut today is less about stimulating the economy and more about protecting the jobs market from ‘shattering’

A cut is something of an “insurance policy against a shattering of the U.S. labor market,” UBS chief economist Paul Donovan said.

Fortune · Dec 10, 2025

IMF urges China to address economic imbalances as trade surplus hits $1 trillion

The head of the International Monetary Fund has urged China to fix its economic imbalances, echoing longstanding calls for the world's second-largest economy to rely more on domestic spending and investment instead of exports

The Independent UK · Dec 10, 2025