FTSE 100 Live 13 March: Economy stalls, markets in red as Brent crude oil tops $100 A flat GDP figure for January today heightened fears over the impact of the Iran war on the UK economy. Evening Standard · Mar 13
UK economy unexpectedly flatlined in January, official figures show January’s GDP figure comes as higher energy prices look likely to drive up inflation, dashing hopes of interest rate cut The Guardian - UK · Mar 13
Oil price shock likely to ‘push the UK economy into recession’; US growth revised down – as it happened Surprise lack of growth in January as service sector stagnated, with falls in recruitment activity The Guardian - UK · Mar 13
Tax the Rich All You Want. It Won't Fix the Deficit. The problem is not that the government collects too little. It's that the government spends too much. Reason · Mar 12
Czech 2026 budget passes but defence outlays fall short of NATO pledge Czech lawmakers approved the 2026 budget, keeping defence at 1.7% of GDP despite NATO and President Petr Pavel’s calls to reach the targets outlined by the US following a push from the Trump administration to aim for 5% of total spending. Euronews · Mar 12
America's never had such high national debt heading into an economic shock. We need a 'break glass' plan, think tank warns The U.S. national debt has reached 100% of GDP—a level not seen since WWII. A leading fiscal watchdog is calling on Congress to build a "Break Glass Plan" before the next crisis hits. Fortune · Mar 10
CBO highlights the good news in Trump’s lost tariff revenue hiking the deficit by $2 trillion: Lower inflation and unemployment—and higher GDP In the past year, tariffs were, at least partly, responsible for 166,000 lost blue-collar jobs and $1,700 in annual increased costs for American households. Fortune · Mar 6
China sets lowest GDP growth target for decades as it braces for economic slowdown ‘High-quality growth’ target of 4.5-5% outlined at Two Sessions as Chinese premier talks of complex situations at home and abroad The Guardian - AU · Mar 5
Australia’s GDP growth is partly due to government spending. So why isn’t the Coalition complaining? After such a long period of miserable figures, seeing the economy grow closer to 3% is a relief The Guardian - AU · Mar 4
Britain’s economic growth to be weakest in a century outside of pandemic and WWII, think tank warns The UK’s top two economic think tanks – the Resolution Foundation and the Institute for Fiscal Studies – have issued dire warnings over economic growth and borrowing a day after Rachel Reeves delivered her spring statement The Independent UK · Mar 4
Tax burden heading to ‘uncharted territory’ with risk to growth, OBR warns Budget responsibility committee member Professor David Miles said there was ‘clearly a risk’ in the historically high tax burden. Evening Standard · Mar 4
Australian economy picks up speed, but managing inflation and rates is getting harder Australia’s economy grew at its fastest annual rate in almost three years in the December quarter, rising 2.6%, although this is still modest growth by historical standards. The Conversation · Mar 4
Unemployment set to hit 5.3% this year amid ‘worrying’ rise in young jobless OBR raises forecast from 4.9% and downgrades UK’s growth prospects for 2026 – while also warning of war uncertainty The Guardian - UK · Mar 3
Good news is bad news: GDP growth fuels inflation fears Australia's economy expanded by 2.6 per cent over 2025, above Reserve Bank forecasts, raising fears of an impending interest rate hike. AAP · Mar 3
The Independent UK · Mar 3 Reeves accused of being ‘tone deaf’ on energy prices as Middle East crisis deepens Growth forecast cut again and unemployment to rise as chancellor warned economy risks big hit from Iran war – but Reeves insists ‘plan is right’
Evening Standard · Mar 3 Unemployment to jump to 5.3% as UK economy faces slower growth, says OBR UK gross domestic product (GDP) is expected to grow by 1.1% in 2026, as the OBR cut its previous prediction of 1.4% from last November.
Fortune · Mar 1 Why Ray Dalio, Scott Bessent and others are rallying around a '3% solution' to the national debt Bipartisan consensus is building in support of lowering the gulf between revenues and outlays to 3% of GDP.
Fortune · Feb 27 Before countries can reap AI’s benefits, they’ll have to figure out how to pay for its deployment Countries might have to choose between taking on more short-term risk or missing out on future AI-driven growth.
The Guardian - UK · Feb 27 Dissatisfaction with life in UK unchanged since Covid, official data shows Average life satisfaction still below pre-pandemic peak despite improving economic outlook, reports ONS
Whats Hot · Feb 27 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.
Fortune · Feb 26 Trump claims America is ‘winning so much.’ The IMF agrees, adding that Trump’s trade policies are the only thing holding it back from even more The best time to chip away at the national debt and balance the budget is now, when the economy is strong, says the IMF. Trump’s trade tariffs are making that difficult.
Euronews · Feb 26 Poland beats Spain on income as Tusk claims ‘European elite’ status Poland's per capita income calculated in purchasing power parity (PPP) has overtaken Spain as it edges closer to UK levels.
Fortune · Feb 26 Come 2030, the U.S. deficit will be worth 5.9% of GDP—more than the outlays for Social Security, and equal to spending on major health programs Come 2030, the annual deficit will be worth roughly 5.9% of GDP, on par with provisions set aside for health and Social Security programs, and well ahead of calls to reduce deficits to 3% of GDP.
Fortune · Feb 26 AI capex and the ‘wealth effect’ from tech stocks (like Nvidia) now drive one-third of U.S. GDP, top analysts say “That would leave the economy vulnerable if investors started to doubt the AI story,” they warn.
Times Life · Feb 26 India Was the World’s Richest Country for 1,000 Years. What Exactly Changed? For much of recorded history, India was one of the largest economic powers in the world. This is not a cultural claim. It is supported by long term economic research. Economic historian Angus Maddison, whose global GDP reconstructions are widely cited in academic circles, estimated that: Around 1 AD, India…