The Latest Breaking News from Economy

Martin Lewis brands the mini-budget ‘staggering’

Lewis said ‘I really hope it works. I really worry what happens if it doesn’t’

Evening Standard · Sep 23, 2022

Tax cuts, bankers bonuses and energy bills: Eight key announcements Kwasi Kwarteng made in today's mini-budget

A raft of tax cuts were announced in this morning's mini budget.

Manchester Evening News · Sep 23, 2022

Tory changes to Universal Credit announced: What it means for you

In today's mini-budget, Kwasi Kwarteng, Chancellor of the Exchequer, announced changes to the way claimants can receive Universal Credit.

The National (Scotland) · Sep 23, 2022

Mini Budget 2022: How Kwasi Kwarteng's huge tax cuts will affect Scots as rich set to benefit

The Chancellor of the Exchequer announced huge tax cuts that will benefit the richest in society.

Daily Record · Sep 23, 2022

FedEx is facing a big downturn. It may give us a vital clue about the economy

A surprise warning from FedEx has shocked Wall Street and worried some about the direction of the economy.

WEKU · Sep 23, 2022

Bhutan welcomes first tourists in 2 years

KATHMANDU: Twenty-three foreign visitors landed in Bhutan on Friday, the first to arrive as the Himalayan kingdom reopened its borders after more than two years following the Covid-19 pandemic, with officials looking to tourism to help revive the local economy.

Bangkok Post · Sep 23, 2022

Limiting workdays could rearrange life and our economy

Do you ever get the feeling there is something fundamentally wrong with how we live?

Tribune News Service · Sep 23, 2022

Bhutan welcomes back tourists after COVID-19 with honey, turmeric and SIM cards

Twenty-three foreign visitors landed in Bhutan on Friday, the first to arrive as the Himalayan kingdom reopened its borders after more than two years following the COVID-19 pandemic, with officials looking to tourism to help revive the local economy.

Reuters · Sep 23, 2022

Minister denies markets fear ‘gamble’ of tax-slashing mini-budget as borrowing costs leap

‘What the markets want to know is whether the UK economy is going to grow’, Simon Clarke insists – as he rejects claims of ‘trickle-down economics’

The Independent UK · Sep 23, 2022

Pound plunges through $1.09 as former US Treasury secretary blasts ‘naive’ UK policies in mini-budget– as it happened

Sterling has tumbled by over three cents to 37-year low, and UK gilt yields are surging, after Kwasi Kwarteng announced huge unfunded tax cuts

The Guardian - UK · Sep 23, 2022