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The Latest Breaking News from Economy

Budget watchdog downgrades growth forecast for 2026 as Reeves defends plan

Chancellor Rachel Reeves set out the Office for Budget Responsibility’s forecasts as the Iran war threatened to cast a shadow over the economy.

Evening Standard

EU Heightens Economy and Security Watch as UK, France, Germany Side with US on Iran Crisis

As tensions rise in the Middle East, Europe braces for potential impacts on energy supplies and economic stability. The EU steps up monitoring and security measures.

International Business Times UK

Live: Chancellor Rachel Reeves promises growth in spring statement

The Chancellor’s speech comes just weeks after the Bank of England downgraded its growth rating for the UK economy.

Evening Standard

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Iran attacks threaten US economy with more uncertainty around inflation, growth

The U.S. and Israeli attacks on Iran add yet more question marks around a U.S. economy already buffeted by on-and-off tariffs, weak hiring, and lingering inflationary pressures

The Independent UK

Why surging oil prices are a shock for the global economy – but not yet a crisis

Global oil markets have reacted swiftly to escalating tensions in the Middle East as the United States and Israel continue their assault on Iran.

The Conversation

China's economic ambitions hit limits to growth as its national congress meets

China’s progress in building a modern economy, evident in its kung-fu fighting robots and self-parking cars, is hitting limits as a downturn in its housing industry drags on and young people struggle to find jobs

The Independent UK

Rachel Reeves to insist she will stick with the plan at spring statement

The Chancellor will say the economy is ‘stronger and more secure’ as a result of decisions taken by the Government.

Evening Standard

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Rate hike odds spike for 'live' March RBA meeting

The battle to tame inflation has been thrown into more uncertainty by conflict in Iran and the Middle East, the Reserve Bank governor says.

AAP

How the war in Iran could ‘guarantee’ a global recession

How a waterway barely 30 miles wide could plunge the world into recession.

Fortune

Iran’s Islamic Revolutionary Guard controls a sprawling business empire that dominates the economy

That empire includes core industrial sectors like oil and transportation as well as banking, telecommunications, agriculture, medicine, and real estate.

Fortune

Iran conflict could worsen America's affordability crisis

Gas prices were among the few deflationary sources in the economy where price pressures are apparent on multiple fronts.

Axios

South Africa’s move to greener energy is creating new jobs, but benefits aren’t evenly spread

South Africa’s green transition is creating jobs. But not for everyone.

The Conversation

Iranian Rial to USD Hits Record Low Amidst Real 'WW3' Fears and Current Air Strikes

The Iranian rial has hit a record low against the USD amid escalating geopolitical tensions, leaving the economy in turmoil.

International Business Times UK

As China's economy slows, some young people are snapping up cheap apartments to 'retire' early

As China’s property market craters and youth unemployment rises, burned-out young professionals are fleeing megacities for ultracheap housing in remote towns

The Independent UK

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Evening Standard

Soaring numbers of jobless young women costing economy billions – report

PwC estimates that cutting young female Neet rates in the UK to 3.6% could add up to £11 billion to economic output.

Dinks Finance

Why More Couples Are Moving Cash Into High-Yield Accounts

Couples today are rethinking where they keep their cash, and many are realizing that traditional savings accounts simply aren’t cutting it anymore. With interest rates still elevated and financial uncertainty lingering, high‑yield savings accounts have become one of the easiest ways to earn more without taking on extra risk. For…

Fortune

Your grandparents are the reason the U.S. isn't in a recession right now. That won't last forever

Boomers—particularly wealthy older people—are “driving the train” when it comes to the economy right now, economists told Fortune.

AAP

Latest data under spotlight as pressure builds on rates

Fresh economic figures will be scrutinised by the Reserve Bank of Australia as it assesses the nation's economy before a key meeting on interest rates.

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news in one place.

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The Guardian - US

Midterm ‘blue wave’ could block Trump’s agenda and launch investigations – here’s what’s at stake

Democrats hope to capture the House, but the Senate could be a heavier lift in November’s midterm elections

Fortune

The week the AI scare turned real and America realized maybe it isn't ready for what's coming

From the "Ghost GDP" to mass layoffs at tech companies, this was the week AI's new collar economy took full effect.

The Independent UK

Hyundai Bayon 1.0T Tech Line: An old-school crossover SUV gets a slick update

CAR REVIEW: It may not be electric, or even hybrid, yet this compact but nippy character can still keep up with the pack, discovers Sean O’Grady

Fortune

Beware the paper bear — stripping Putin’s economic bluff bare naked

Russia's "paper bear" economy fools Trump.

The Guardian - US

Fox News host and former Trump aide falsely claims president was never on Epstein’s plane – as it happened

This live blog is now closed.

Whats Hot

India’s GDP Grows 7.8% in Q3 FY26 Under New Calculation Method

India’s economy maintained its strong growth momentum in the final quarter of 2025, reaffirming its position as the world’s fastest-growing major economy, according to fresh data released on Friday.

The Independent UK

Failed house sales cost England’s economy nearly £1bn a year

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