The Latest Breaking News from Economy

Sunak must balance the books and restore confidence in the UK economy

Britain’s new prime minister needs to be fiscally conservative, provide targeted support for the very poorest, and implement radical supply side reforms.

Evening Standard · Oct 24, 2022

Former UK chancellor Rishi Sunak to replace Liz Truss as prime minister

Former UK Treasury secretary Rishi Sunak has won the race to be leader of the Conservative Party and will become Britain’s next prime minister – the third this year.

Radio France Internationale · Oct 24, 2022

The 50 fastest-growing firms in Wales in 2022

The firms on the 2022 Wales Fast Growth 50 list make a huge contribution to the Welsh economy

Wales Online · Oct 24, 2022

Tory donor admits party is not fit to govern as he calls UK 'sick man of Europe'

In a scathing assessment of the Conservative record in power, Guy Hands also warned that Britain might need a bailout from the International Monetary Fund as the economy may be "doomed"

Daily Mirror · Oct 24, 2022

Royal Mail has truly earned my stamp of disapproval

God knows, I don’t do many clever economy measures, but one was back in April when the price of first-class stamps went up by all of 10p to 95p, and I bought about five books of them, thinking that I was saving, ooh, six quid. I know, a pound for…

Evening Standard · Oct 24, 2022

UK economy 'doomed' under Tories' 'hopeless' Brexit, top financier says

THE UK’s economy is “doomed” unless the Tories renegotiate Brexit, a prominent investor and financier has said.

The National (Scotland) · Oct 24, 2022

Japanese economic minister steps down over church links

Japan's economic revitalisation minister stepped down on Monday after growing criticism of his failure to fully explain his ties to a church group that critics say is akin to a cult, a move that will be a blow to Prime Minister Fumio Kishida.

Reuters · Oct 24, 2022

China’s Economic Growth Accelerates but Weak amid Shutdowns

China's economic growth picked up in the latest quarter but still was among the weakest in decades as the ruling Communist Party tries to reverse a slump while enforcing anti-virus controls and a crackdown on debt in its vast real estate industry. The world's second-largest economy grew by 3.9% over…

Asharq Al-Awsat · Oct 24, 2022

Prof Dylan-Jones-Evans crunches the numbers on the 2022 Wales Fast Growth 50

Since the initiative was launched back in 1999 Fast Growth 50 firms have created 55,000 jobs and generated an estimated £30bn of additional turnover

Birmingham Post · Oct 24, 2022

Tory backer says UK economy is ‘frankly doomed’ without Brexit renegotiation

Guy Hands says Conservatives are putting country ‘on a path to be sick man of Europe’

The Guardian - UK · Oct 24, 2022