The Latest Breaking News from Economy

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Evidence pointed to a ‘summer slowdown’ as the UK registered no growth in July.

Since the war began, the Israeli crackdown has hit the West Bank industry and economy hard, forcing bars, restaurants and hotels to close.

CS Venkatakrishnan, chief executive of the banking group, told the Financial Times that wage inflation was a problem across the UK economy.

Bridgewater Associates founder Ray Dalio issued stark warnings about the U.S. economy’s mounting debt burden, comparing the fiscal strain to arterial blockage that could trigger a financial “heart attack.”

Chancellor calls economy ‘stuck, not broken’ but there are signs her policies have added to the UK’s economic headwinds

The U.S. economy experienced inflation acceleration in August, which was largely in line with market expectations, sparking a debate as President Donald Trump declared “No Inflation!!!” on social media. That claim was promptly challenged by economist Justin Wolfers, who asked, “No inflation? Says who?”.

IN FULL

The sector saw activity fall by 1.3 per cent, holding back growth in the wider economy