The Latest Breaking News from Economy

How Tories’ green hostility will hinder a future Labour government

Experts say current policies will make it tougher for Keir Starmer to mend UK’s economy and climate goals

The Guardian - UK · Oct 9, 2023

Politicians 'using wellbeing as fashionable new label for old policies', report says

THE language of a “wellbeing economy” is being used as a “fashionable label” by politicians in Scotland who are promoting the same policies…

The National (Scotland) · Oct 9, 2023

David Lammy: Voters do not want razzmatazz of Blair era

The Labour frontbencher said the party must focus on reassuring the electorate that it can run the economy.

The Independent UK · Oct 8, 2023

China's flagging economy gets a temporary boost as holiday travel returns to pre-pandemic levels

Tourism in China has bounced back to pre-pandemic levels during a recent eight-day national holiday, giving a temporary boost to the nation’s flagging economy

The Independent UK · Oct 7, 2023

Boost the economy by ending child poverty

Letters: Armando Iannucci of the Child Poverty Action Group would like to see the two-child benefit cap lifted other means of support being strengthened

The Guardian - UK · Oct 6, 2023

UK bonds have hit a 25-year high – here's what that means for the economy

It’s been more than a year since the UK economy was thrown into crisis after then-prime minister Liz Truss suggested making a wealth of unfunded tax cuts in her September 2022 mini-budget. But a recent bond market sell-off has now sent borrowing costs rocketing again, pushing the bond market even…

The Conversation · Oct 6, 2023

US economy added 336,000 jobs in September surpassing expectations

Data comes as central bank seeks to guide the US economy to ‘soft landing’ to avoid a recession

The Guardian - US · Oct 6, 2023

England vs New Zealand: England spinners fail to find their groove in World Cup opener

NEW DELHI: The defending champions, England, got off to a shaky start in their ODI World Cup defence, suffering a resounding nine-wicket defeat against New Zealand on Thursday. The Kiwis, runners-up in the 2019 World Cup, exacted revenge for their heartbreaking loss at Lord's four years ago.

The Times of India · Oct 6, 2023

Economic spotlight turns to US jobs data as markets are roiled by high rates and uncertainties

Job growth in the United States has remained resilient for the past 2 1/2 years even after high inflation flared and the Federal Reserve jacked up interest rates at the fastest pace in four decades

The Independent UK · Oct 6, 2023

Janet Yellen and the man who invented the term ‘bond vigilantes’ disagree about what’s happening in the Treasury market right now

Ed Yardeni believes bond vigilantes are attempting to spike Treasury yields in protest against unsustainable fiscal policy—but the Treasury Secretary isn’t so sure.

Fortune · Oct 5, 2023