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The Latest Breaking News from Economy

U.S. protectionism could undermine modest growth forecast for eurozone, says EU Commission

The economy of the European Union is headed for only modest growth in coming months as consumers regain some of the purchasing power they lost to inflation, the bloc's executive commission said Friday

The Independent UK

OPINION - The Standard View: Business as usual for the soporific UK economy

It is the story of the British economy for the last 15 or so years. No matter the ideology of the prime minister, the content of the Budget or the geopolitical conditions, our GDP continues to grow, or indeed shrink, at a snail’s pace.

Evening Standard

Markets Struggle At End Of Tough Week

The uncertain performance came at the end of a painful week fuelled by worries about another disruptive China-US trade war.

Latin Times

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UK Growth Slows In Third Quarter, Dealing Blow To Labor Government

Gross domestic product (GDP) grew by 0.1% in the July-September period, a slowdown compared to 0.5% growth in the second quarter, the Office for National Statistics said.

Latin Times

Why did the UK economy slow in the third quarter, and what does it mean?

The PA news agency looks at what fresh GDP figures mean for the wider UK economy, households and the Government.

Evening Standard

Shadow chancellor warns Reeves over EU ties after Bank chief says Brexit harming economy – as it happened

Mel Stride said there must be no suggestion of the UK going back into the EU single market or customs union

The Guardian - UK

UK Growth Slows In Third Quarter, Dealing Blow To Labour Government

Britain's economy grew less than expected in the third quarter, official data showed on Friday, dealing a blow to the Labour government that has set its sights on growth expansion.

International Business Times

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Few expected Britain to boom but the GDP figures will worry the Treasury

Summer slowdown raises questions of whether Reeves’s bleak outlook in the run-up to the budget hindered growth

The Guardian - UK

UK Treasury chief says she's not satisfied by paltry third-quarter economic growth

The British economy’s rebound from recession slowed down sharply in the third quarter of the year with most sectors stagnating

The Independent UK

UK economy shrunk by 0.1% in September, shock GDP figures reveal in blow to Labour Chancellor Rachel Reeves

GDP grew by a meagre 0.1% between July and September, slightly below expectations

Evening Standard

UK economic growth slows to 0.1% as budget jitters and high interest rates take toll

Blow to Rachel Reeves as first quarter under Labour shows services and manufacturing struggled in run-up to budget

The Guardian - UK

UK growth slows but December interest rate cut unlikely; vaccine-maker shares hit by RFK Jr nomination – as it happened

Latest UK GDP growth report shows UK grew by just 0.1% in July-September, a slowdown on the first half of the year

The Guardian - UK

Japan Growth Slows As New PM Readies Stimulus

Japan's growth slowed in the third quarter, official data showed Friday, as Prime Minister Shigeru Ishiba seeks to jumpstart the world's fourth-largest economy.

International Business Times

Japan's Economy Grows 0.9% In July-September Period

Learn about Japan's economic growth, driven by consumer spending and export expansion, amidst deflation challenges and political uncertainty.

Top News

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The Independent UK

Japan's economy grows for a second straight quarter on the back of consumer spending

Japan’s economy eked out an annual rate of 0.9% growth in the July-September quarter as consumer spending held up

The Guardian - UK

Bank of England governor says Brexit has undermined UK economy

Andrew Bailey calls for relations with EU to be rebuilt as Trump plans US tariffs

The Independent UK

Powell says Fed will likely cut rates cautiously given persistent inflation pressures

Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next

StockNews.com

3 Growth Stocks Under $10 That Analysts Predict Will Skyrocket

Gradually lowering inflation and reducing borrowing rates have opened new and exciting doors for growth stocks. With a positive economic outlook, investors could keep a watchful eye on Esperion Therapeutics (ESPR), AngioDynamics (ANGO), and Fathom Holdings (FTHM) to capitalize on the growing economy. Continue Reading….

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The Guardian - UK

Rules imposed after financial crisis have ‘gone too far’, Reeves tells City bankers

Chancellor uses Mansion House speech to suggest it is time to loosen some constraints brought in after 2007-08 crash

Al Jazeera

Fact check: What are Trump’s plans for US economy, immigration, abortion?

What details do we know about US president-elect’s campaign promises for immigration, education, healthcare, abortion?

The Conversation

Climate change: women’s role in the economy is key to a just transition

The realities of climate change are hitting home for many people living in the global south. Food security, water access and health have been jeopardised by the increased temperatures, extreme weather events and sea level rise.

The Independent UK

US wholesale inflation picks up slightly in sign that some price pressures remain elevated

Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure

Reason

Abolish the Fed

A central bank is not essential to a functioning economy.

The Guardian - US

The Democrats must become an anti-establishment party

The lesson of this election is that Democrats must attack inequality – and not cede working-class voters to Trump

TechRadar

Businesses are still missing out on billions by not harnessing digital technology

Britain’s economy and company profits have been stifled due to poor tech uptake among UK businesses.

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