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The Latest Breaking News from Economy

China Property Giant Vanke's CEO 'Taken Away' By Police

The head of one of China's biggest property firms has been "taken away" by police, state-backed media reported Thursday, as a prolonged housing slump continues to hit the world's second-largest economy.

International Business Times

Why are interest rates rising when the Fed has been cutting them?

The yield on the 10-year Treasury has recently soared toward its highest level since 2023, injecting nervousness into the U.S. stock market that's knocked indexes from their records

The Independent UK

Lee Zeldin Emphasizes Balancing Environment And Economy At EPA Hearing

Lee Zeldin, EPA nominee, highlights balancing environment protection and economic growth in confirmation hearing.

Top News

Reeves clings to green shoots of recovery as UK economy flatlines

After a tough start to the year, the chancellor’s desire to ‘kickstart growth’ is unlikely to happen quickly

The Guardian - UK

Weaker-than-forecast rebound in growth keeps Chancellor under pressure

The ONS estimated the UK economy grew in November by 0.1% after falling by 0.1% in both September and October.

Evening Standard

UK politics live: Labour announce rapid national grooming gang review in partial climb down as Musk responds

Home secretary’s announcement marks partial government climbdown on grooming gangs scandal

The Independent UK

UK economy could be especially at risk from Trump’s tariff war, says minister

Trade secretary says UK’s ‘globally oriented’ economy means it is vulnerable – but it is better positioned than China and EU

The Guardian - UK

Interest rates 'to be cut within weeks' as weak GDP figures deal new blow to Labour Chancellor Rachel Reeves

The Bank of England’s Monetary Policy Committee is expected to cut interest rates in early February

Evening Standard

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International Business Times

UK Economy Rebounds But Headwinds Remain For Govt

Britain's economic growth rebounded less than expected in November, official data showed Thursday, dealing a fresh blow to a Labour government that is battling headwinds.

The National (Scotland)

Pressure grows on Rachel Reeves as UK growth figures weaker than expected

Chancellor Rachel Reeves has insisted she will “fight every day” to deliver economic growth after the latest official figures showed…

Evening Standard

UK economy sees weaker-than-expected growth in November

The Office for National Statistics estimated the UK economy grew in November by 0.1% after falling by 0.1% in both September and October.

The Independent UK

UK’s economy grows for first time in three months - but less than expected

Gross domestic product (GDP) grew by 0.1 per cent in November, after falling in both September and October - but showed no growth in the three months to November

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Evening Standard

Rachel Reeves hit by major new setback as 0.1% GDP growth disappoints

The growth will do little to ease fears of a possible technical recession for the UK economy over the winter

Evening Standard

FTSE 100 Live 16 January: Index rally continues, Burberry jumps after Richemont update

Fears of a technical recession were stoked today by figures showing the UK barely grew in November.

The Guardian - UK

Pressure eases on Rachel Reeves as UK economy grows by 0.1% in November

Growth weaker than City forecasts but government says it’s a ‘step in the right direction

The Guardian - UK

UK economy returned to growth in November, driven by services – as it happened

Stocks extend rally; with inflation easing and sluggish economic growth, a February interest rate cut looks increasingly likely, analysts say

Fortune

German corporate distress could reach pandemic-level highs this year

Rising uncertainty about the war in Ukraine and Trump's tariffs is adding to German firms' struggles.

Evening Standard

People’s Pension plans to invest up to £4bn into private market assets

The body which serves more than 6.8 million pension savers is set to start investing a significant proportion into private markets later this year.

The Independent UK

Davey calls for UK to join EU customs union to ‘turbocharge’ economy

In his first major speech of the year, the Liberal Democrat leader will urge the Labour Government to negotiate a new agreement with Brussels.

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