The Latest Breaking News on Economy

With global inflation rising and the fear of fuel and food crises looming large, clouds are gathering on the economic horizon of South Asian countries. Sri Lanka in particular remains mired in a crisis driven by a mix of high indebtedness, soaring inflation and poor economic management.

The Labour leader must paint deep red lines between Labour and the Tories as both Liz Truss and Rishi Sunak appear unwilling to stand up for victims of the cost of living crisis, argues Kevin Maguire

San Francisco Fed President Mary Daly suggested a 50 basis-point rate increase isn’t locked in at the U.S. central bank’s next policy meeting, saying the Federal Reserve is “far from done yet” in bringing down inflation.

The Foreign Secretary’s campaign team said she would accelerate the reversal of the NI rate rise by six months

The former prime minister has warned that millions of people in the UK will be plunged into poverty if urgent action isn't taken

The Tory leadership contender wants to accelerate the reversal of the national insurance rate rise by six months.

The Tory leadership contenders are pursuing a dangerous nirvana of low taxation while ignoring the damage inflicted by leaving the EU

The First Minister has been warned the cost of living crisis will engulf Scotland without action.

A new report commissioned by Mr Brown suggested Government measures fell well short of addressing households’ needs.

The US has gone through 34 recessions since 1857. Thirteen of those occurred after World War II.

People will prioritise gifts people need rather than want