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The Latest Breaking News from Economic Growth

Chancellor warned of crisis before make-or-break Budget

With hours to go until one of the most anticipated Treasury statements in modern history, Rachel Reeves has been given disastrous warning on the economy’s outlook

The Independent UK

Economic forecasts point to a Democrat win in the 2026 US midterm elections

The resounding victories in recent elections by Democrats Zohran Mamdani in New York, Abigail Spanberger in Virginia and Mikie Sherrill in New Jersey has reinvigorated the party after a dismal year since Donald Trump became president.

The Conversation

From Paris to LA: The World’s Leading Luxury Destinations

Some cities around the world are known for their unmatched luxury. These places feel like stepping to a different world with its wealthy crowd and culture. Cities like Milan, Paris or New York are famous for their high end shopping streets, hotels, cars and way of life. The tourists visit…

MyLifeXP

From analysis to the latest developments in health,
read the most diverse news in one place.

More firms looking to trade abroad as UK growth and tax worries grow

Nearly half of businesses, or 47%, are considering international expansion, according to Santander’s latest trade barometer.

Evening Standard

Elon Musk Warns ‘The Only Way to Get Us Out of the Debt Crisis’ and ‘Prevent America from Going Bankrupt is AI and Robotics’

Elon Musk argues that America’s mounting national debt is unsustainable under current political constraints and asserts that only rapid economic growth driven by AI and robotics can avert fiscal crisis.

Barchart

Chancellor, hospitality can drive economic growth - if you just give us the chance

A great pub supports a local eco-system, provides an unofficial form of social care for those who are alone, and is the beating heart of its community

Evening Standard

TSB earnings spike ahead of Santander takeover

The bank said its financial performance had improved despite consumers remaining cautious amid rising inflation and weakening economic growth.

Evening Standard

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UK growth slows down to a crawl in Q3 ahead of crucial budget

Economic growth in the U.K. slowed down to a near standstill in the third quarter of the year

The Independent UK

UK economic growth slows ahead of Budget

IN FULL

The Independent UK

UK economic growth slows ahead of Budget after JLR shutdown

The Office for National Statistics said UK gross domestic product grew by 0.1% between July and September.

Evening Standard

Labour leadership live: Starmer denies No 10 aides to blame for attack on Streeting

Concerns around Labour Party leadership deepens ahead of Rachel Reeves’s upcoming Budget

The Independent UK

Economic growth predicted to have slowed in third quarter

Experts have predicted that the Office for National Statistics will report 0.2% growth over the three months to September.

Evening Standard

UK economic growth set to slump next year if income tax goes up, warns City forecaster

Research firm Morningstar slashes its GDP growth prediction from 1.5% to just 0.5% in 2026

Evening Standard

Scrap tourist tax, university foreign students levy and cut stamp duty on shares to boost London, Reeves urged

The Chancellor could also create new jobs and more homes by supporting new transport schemes for the city, say London bosses

Evening Standard

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Barchart

Crude Prices Supported by Energy Demand Optimism

December WTI crude oil (CLZ25 ) on Thursday closed up +0.09 (+0.15%), and December RBOB gasoline (RBZ25 ) closed up +0.0019 (+0.10%). Crude oil and gasoline prices posted modest gains on Thursday. An easing of US-China trade tensions is supportive for economic growth prospects and energy demand after President Trump...

Barchart

Crude Prices Push Higher as Global Growth Prospects Improve

December WTI crude oil (CLZ25) today is up +0.11 (+0.18%), and December RBOB gasoline (RBZ25) is up +0.0008 (+0.04%). Crude oil and gasoline prices are slightly higher today. An easing of US-China trade tensions is supportive for economic growth prospects and energy demand after President Trump and President Xi Jinping...

Barchart

Dollar Rallies on Hawkish Powell

The dollar index (DXY00 ) rallied to a 2-week high on Wednesday and finished up by +0.62%. The dollar found support on Wednesday amid easing global trade tensions, which are supportive of economic growth prospects. The US and South Korea finalized a trade deal on Wednesday that will see South...

Barchart

Dollar Climbs as Global Trade Tensions Ease

The dollar index (DXY00 ) today is up by +0.18%. The dollar is climbing today on easing global trade tensions, which are supportive of economic growth prospects. The US and South Korea finalized a trade deal today that will see South Korea make $150 billion in shipbuilding investments and cap...

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The Guardian - UK

Planning bill could risk UK’s trade deal with EU, say sources

Exclusive: Proposed legislation removes EU-derived nature protections as government hopes to boost economic growth

The Independent UK

Fresh blow for Reeves as house builders warn Labour will struggle to hit 1.5m homes target

The warning is likely to harm prospects for the OBR upgrading its forecast for economic growth from construction

Radio France Internationale

Inside Côte d’Ivoire’s pivotal election: voices of hope and uncertainty

Ivorians voted on Saturday to choose their next president, in what is being seen as the most important election in West Africa. Côte d’Ivoire remains the region’s most stable and economically prosperous nation, and the last close ally of its former colonial power, France. Yet despite recent economic growth, the…

Evening Standard

Rachel Reeves heads to Saudi Arabia in search of economic growth

The Chancellor will attend the Future Investment Initiative event and push for progress on a trade deal with the Gulf bloc.

The Guardian - UK

‘Dare to change’: Ivory Coast heads to the polls as rivals seek to oust Ouattara

Incumbent leader, 83, is accused of cracking down on political dissent and overseeing unequal economic growth

Evening Standard

More Londoners to suffer noise blight from planes from new flight paths, warn MPs

Ministers have not provided evidence economic growth from expanding airports provides enough benefit to outweigh environmental harm, says new report

The Guardian - UK

UK energy firms call for overhaul of regulator Ofgem

Energy UK claims Ofgem has overseen ‘dramatic rise in red tape’ that has pushed up bills and slowed economic growth

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