The Latest Breaking News from Oxford Economics

Uncertainty around trade will have a major impact on global growth, reducing business investment in the EU and the UK by 2% this year, Oxford Economics finds.

The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this week, treading carefully amid uncertainty over President Donald Trump's economic policies, which include spending cuts and sweeping tariffs.

COMMENT: Reeves and her boss Keir Starmer do not appear to understand the competition to attract the international rich – and the benefits they bring

Countries like Vietnam benefited from Trump’s trade war. That could put them at risk in the second round.

Experts say 25-percent US tariffs along with retaliatory measures by Canada would hurt economies of both countries.

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Some Asian countries stand to gain if US president-elect Donald Trump pushes ahead with his promised massive tariffs on China and triggers a new wave of factory relocations to the rest of the region.

Inflation fell below the Bank of England’s 2% target in September for the first time in three years

Analysts expect Republican to act on threats of imposing tariffs and blocking immigrants soon in his second term.