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The Latest Breaking News from Economy

IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook

The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year

The Independent UK

Trump's Economic Plans Could Cause Inflation: IMF Chief Economist

Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House.

International Business Times

IMF upgrades UK growth forecast and takes swipe at Trump plans

UK economy predicted to grow by 1.6% this year as fund warns of potentially destabilising effect of Trump policy

The Guardian - UK

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UK set to be the fastest growing European economy, IMF forecasts in boost to Reeves

After weeks of economic turbulence, new figures suggesting better growth in 2025 than previously expected will come as a welcome relief for the embattled chancellor

The Independent UK

Reeves receives rare boost as IMF upgrades UK growth forecasts

UK output now expected to advance by 1.6% in 2025, well ahead of France and Germany

Evening Standard

UK economy to grow by 1.6% this year after weaker-than-expected 2024 – IMF

The improved growth prospects will provide a boost for under-pressure Chancellor Rachel Reeves.

Evening Standard

Buffett’s Sale of BAC Stock: A Smart Move or Missed Opportunity?

Bank of America released its quarterly earnings results, showing a strengthening trend in consumer credit and commercial economies.

MarketBeat

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China’s economy hits 5% growth target but rate among slowest in decades

Latter part of 2024 ‘recovered remarkably’ after stimulus measures, says National Bureau of Statistics

The Guardian - UK

Reeves urges regulators to ease mortgage rules for first time buyers

Chancellor reportedly open to relaxing lending rules in bid to boost growth

The Independent UK

UK politics live: House of Commons bar shuts over drink spiking allegation, Starmer hits back at Musk

Strangers’ Bar will close from Monday while security and safety arrangements are reviewed, a House of Commons spokesperson said

The Independent UK

World Bank Report: Global Economy Growth Slows

World Bank's report forecasts modest global economic growth with challenges for developing economies. Impacts of COVID-19 and geopolitical events influence...

Top News

Defiant Reeves says she won’t resign and welcomes comparison to Iron Lady Thatcher

Reeves has been under pressure over floundering economy with ongoing questions over her fitness for the job

The Independent UK

'No Money': Gloom On Beijing Streets As Economic Growth Slows

Consumers pinching pennies, businesses seeing fewer customers, and a pervading sense that the economy just isn't bouncing back -- the mood was grim in Beijing as China posted some of its lowest growth in decades.

International Business Times

FTSE 100 share index hits record high; relief for Rachel Reeves as UK borrowing costs fall – as it happened

Rolling coverage of the latest economic and financial news, as Britain’s blue chip share index hits new peak of 8533 points

The Guardian - UK

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AAP

Tourism, wool exporters to win from China stimulus lift

China's economy is set to slow as high debt and sluggish productivity weigh on investment and spending, but stimulus measures could boost Australian exporters.

Al Jazeera

China’s population falls for third year in a row as birthrate declines

China’s population continues to fall for third straight year due to declining birthrate and amid concerns for economy.

The Independent UK

Stock market today: Asian shares slip as China says economy hit 5% growth target in '24

Shares are mostly lower in Asia after China reported that its economy grew at a 5% annual pace last year, hitting the government's target but slowing from the year before

International Business Times

Asian Traders Give Mixed Reaction As China's Economic Growth Slows

Asian markets were mixed Friday as data showing China's economy grew slightly quicker than expected last year failed to inspire investors, with Beijing battling to revive consumption and boost the battered property sector.

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The Independent UK

China's population falls for a third straight year, posing challenges for its government and economy

China’s population has fallen for the third straight year, pointing to further demographic challenges for the world’s second most populous nation that is now facing both an aging population and an emerging shortage of working age people able to support their elders

The Independent UK

China's economy expands 5% in 2024, reaching target helped by strong exports, stimulus measures

China has reported that its economy expanded at a 5% annual pace in 2024, achieving Beijing’s target of “around 5%” growth helped by strong exports and recent stimulus measures

International Business Times

China Set To Post Sluggish Growth As Doldrums Deepen

China is set on Friday to post some of its weakest growth in decades, as leaders grapple with economic doldrums and nervously eye a potential trade standoff with incoming US President Donald Trump.

The Guardian - UK

The Guardian view on Keir Starmer’s economy: no acute crisis, but chronically weak

Editorial: Labour should ask the Bank of England if it can do more to boost growth

Evening Standard

Sadiq Khan says second runway at Gatwick would destroy rationale for Heathrow expansion

The mayor said he understood ‘the importance of aviation to our economy’ while stressing the need to ‘recognise the crisis we face in terms of climate’

The Independent UK

Why the UK economy is stubbornly flatlining

ANALYSIS: Services and construction are growing, says Howard Mustoe. So why is UK plc stagnating?

The Independent UK

World Bank says the global is economy is growing steadily, but not fast enough to help ease poverty

The world economy is growing steadily in the face of global conflict, protectionist trade policies and high interest rates

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