Economics

A combination of severe weather, localized utility failures, and global energy shocks caused the UK economy to flatline in January. Official data from the ONS confirmed 0% growth for the …

A rare shutdown of shipping lanes has disrupted the U.S. inflation outlook, following a February report that saw prices rise at a 2.4% annual clip. The conflict, which began in …

The UK’s economic outlook has shifted as the OBR warns that inflation could settle at 3% due to ongoing Middle East tensions. The conflict, centered on military action against Iran, …

Stock markets around the world have turned bearish as the conflict between the United States and Iran intensifies, raising fears of a “prolonged war” that could stifle global economic growth. …

Prime Minister Keir Starmer is setting out a comprehensive roadmap for Britain’s economic future, aiming to move beyond the immediate fallout of the recent budget. In a bid to regain …

The Labour government has announced the elimination of the controversial two-child benefit cap, a policy change that will remove 450,000 children from poverty by the end of the decade. Prime …

Rachel Reeves confronted an embarrassing crisis when the Office for Budget Responsibility prematurely released her entire budget document, exposing £26 billion in planned tax increases before she could present them …

The US Department of Commerce is poised to approve a significant expansion of its steel tariff program after a second consultation in three months yielded requests to tax 700 new …

Starting Friday, U.S. consumers will see price hikes on millions of imported goods as former President Donald Trump’s executive order takes effect, ending the long-standing “de minimis” tariff exemption for …

India needs to moderate its elevated public debt levels to reduce interest burdens and improve its global credit rating, said Economic Affairs Secretary Ajay Seth at the ISAAC Centre for …