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The Latest Breaking News on Economy

Budget 2024: Chancellor Rachel Reeves to go on '£20 billion' investment spree in UK through higher borrowing

A string of tax rises are also expected to be announced in the Budget many of which will hit London hard

Evening Standard

France braces for economic judgment amid political turmoil and record debt

France's financial future is under close scrutiny this month as two of the world's top credit rating agencies assess the country's ability to manage its mounting debt. Meanwhile, a hung parliament, fierce budget debates and a record-high deficit have brought the economy to the edge of crisis.

Radio France Internationale

UK Economy Rebounds In August In Boost To New Govt

Britain's economy bounced back in August, official data showed Friday, boosting the new Labour government ahead of its maiden budget later in October.

International Business Times

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Flexible working and paternity leave: What you need to know about the Government’s new Employment Rights Bill

There are 28 separate changes in the Employment Rights Bill

The Independent UK

The Guardian view on inequality in the UK: what kids can teach us

Editorial: To get a sense of how unfair Britain is, consider the prospects for its children

The Guardian - UK

October Stock Market: More Trick Than Treat?

The S&P 500 (SPY) has been in the plus column for 5 straight months. Investment pro Steve Reitmeister shares why that party ends in October and how to prepare for resumption of the bull market in November and beyond. Read below for full story.

StockNews.com

US Private Sector Adds More Jobs Than Expected In September: ADP

US private sector hiring picked up in September, with employers adding more jobs than anticipated, according to data released Wednesday by payroll firm ADP.

International Business Times

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New figures show UK economic growth weaker than first thought

The UK economy continued its recovery from recession at the end of last year

The Independent UK

Final budget outcome shows 2023-24 surplus of $15.8 billion

The budget surplus for last financial year has come in at $15.8 billion, well exceeding the $9.3 billion that was forecast in the May budget.

The Conversation

Key business survey for September points to slowing growth ahead of the Budget

The PMI reading of 52.9 is down from 53.8 in August and below City expectations of 53.5

Evening Standard

Rachel Reeves tells civil servants to get back in the office in London to boost Britain's productivity

Civil servants should get back in the office in Whitehall and other parts of Britain to boost the economy, says Rachel Reeves.

Evening Standard

OPINION - The Standard View: Rachel Reeves must focus on growth, not just doom

Round numbers should be no more interesting or enlightening than any other. But the revelation that Britain’s debt has hit 100 per cent of GDP is unlikely to lift the sense of gloom that has already settled above Whitehall.

Evening Standard

Healthy jobs numbers to keep RBA on the sidelines

Australia's economy may be limping along but jobs are still going, although mostly part-time gigs and predominantly roles in the public sector.

AAP

Should We Worry About the Slowing U.S. Economy

With the labor market cooling off and financial markets turning jittery, just how healthy is the economy right now?

Kiplinger

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Top News

Brexit Causing Significant Decline In UK-EU Goods Trade

Brexit's impact on UK-EU trade relations post-2020, highlighting challenges and recommendations for enhancing economic growth.

AAP

Resilience of jobs market put to test

Fresh labour force data will be watched closely following the Reserve Bank's assessment it was still operating above 'full employment'.

International Business Times

UK Economy Stalls, Dealing Blow To New Government

Britain's economy stalled again in July, official data showed Wednesday, dealing a blow to the new Labour government that has put growth expansion at the top of its priority list.

The National (Scotland)

UK economy flatlines in July for second month running

THE UK economy flatlined in July for the second month in a row, according to the latest official figures, as the Chancellor said she is “under no…

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AAP

New fear unlocked: unemployment worries grip consumers

Consumers are becoming more concerned about the sluggish economy and what this could mean for jobs, with cost-of-living becoming a lower order worry.

AAP

Women ditching part-time as COVID redefines flexibility

Part-time work is fading as the go-to way of meeting flexibility needs and this could open up opportunities to narrow gender-based economic disadvantage.

International Business Times

US Job Gains Miss Expectations In August As Labor Market Cools

US hiring bounced back in August but missed expectations while the jobless rate crept down, government data showed Friday, paving the way towards central bank rate cuts in the coming weeks.

Kiplinger

Stock Market Today: Stocks End Mixed Ahead of August Jobs Report

The main indexes struggled for direction Thursday after data showed the labor market continued to cool.

International Business Times

US Private Sector Hiring Misses Expectations In August: ADP

Hiring in the US private sector markedly undershot analyst expectations in August, said payroll firm ADP on Thursday, as the labor market's health comes under scrutiny.

The Guardian - AU

Australia is about to get an economic health check. What do GDP figures mean and why are they important?

The numbers could mark the nadir in gross domestic product performance, while the RBA watches closely for cues to help time an interest rate cut

The Guardian - AU

Unemployment is rising and Australia’s economy is weak – but don’t hit the recession alarm just yet

Are we headed for a recession? The answer is complex – although for young people it already feels like one

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