The Latest Breaking News from Economy

OECD downgrades forecasts for UK growth as Trump tariffs hit world economy

Global growth is expected to fall below 3% for the first time since the pandemic

Evening Standard · Jun 3, 2025

Australia must ease zoning to fix housing crisis: OECD

Australia's economic growth forecast for 2025 has been downgraded by the OECD, as Donald Trump's tariffs set back the outlook for the global economy.

AAP · Jun 3, 2025

UK will slump to 1% growth next year as Trump tariffs bite, says OECD

US, Mexico and Canada economies likely to be worst affected by ongoing tariff battles, says forecast

The Guardian - UK · Jun 3, 2025

Belfast tech company invests £1.8m in cybersecurity solution for factory floors

Economy minister Caoimhe Archibald attended the announcement by ANGOKA.

Evening Standard · Jun 2, 2025

Damascus stock exchange reopens after 6-month closure

Trading has resumed on the Damascus Securities Exchange after a six-month closure, as Syria’s new leaders attempt to shore up the country’s battered economy and begin rebuilding after nearly 14 years of civil war

The Independent UK · Jun 2, 2025

America's Tourism Crisis: Global Travellers Shun US Over Political Chaos

Global travellers are shunning the US, spooked by political turmoil and tariffs, costing the economy billions. Can America win them back?

International Business Times UK · Jun 2, 2025

Khurshid Ahmad obituary

Other lives: Pioneer in the field of Islamic economics who set up the Islamic Foundation in Leicester

The Guardian - UK · Jun 1, 2025

Natural disasters cost Australia’s economy $2.2bn in first half of 2025, new Treasury analysis shows

Wild weather, including Cyclone Alfred and floods in NSW and Queensland, significantly slowed retail trade and household spending

The Guardian - AU · Jun 1, 2025

No one more to blame for cost of living crisis than Nigel Farage, says Stephen Flynn

STEPHEN Flynn has claimed that no one has contributed more to the cost of living crisis than Reform UK leader and “Brexit’s biggest champion”…

The National (Scotland) · Jun 1, 2025

Airbnb scams: new book explores thriving criminal activity on big tech platforms

Big tech sharing economy platforms like Airbnb and Uber are marketed as trustworthy, but a new book by a South African media scholar argues that they are highly vulnerable to scammers who spread delusive speech (a form of disinformation, designed to deceive by criminal intent).

The Conversation · Jun 1, 2025