The Latest Breaking News on Economics

Boris Johnson in ‘lower bills’ talks with energy bosses but leaves action to next leader – as it happened

Live, rolling coverage of business, economics and financial markets as chief executives of energy companies visit Downing Street to discuss…

The Guardian - UK

Liz Truss hints at cost of living U-turn as she could give Brits 'targeted help'

The Tory leadership hopeful pointedly refused to rule out cost-of-living payments - seconds after branding them “Gordon Brown style economics…

Daily Mirror

Truss rejects ‘Gordon Brown economics’ as Tory candidates address cost of living

Liz Truss was speaking at a hustings debate where Rishi Sunak said he would target pensioners and the most vulnerable…

The Independent UK

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Liz Truss attacks cost of living 'Gordon Brown handouts' and brands crisis talks 'bizarre'

The Foreign Secretary appeared to make fun of the former Prime Minister who pleaded with the Tory leadership candidates to…

Daily Mirror

Who knows if Truss or Sunak is right on the cost of living crisis – where are all the economists?

The profession seems to have gone AWOL, just when we could do with a bit of modelling on tax cuts…

The Guardian - UK

Oxford Economics Predicts Saudi Economy to Cross $1 Trln Mark in 2022

Oxford Economics has predicted that the Saudi economy will cross the trillion-dollar mark for the first time this year. The…

Asharq Al-Awsat

UK economy shrank in second quarter according to poll of economists – as it happened

Rolling live coverage of business, economics and financial markets as analysts weigh risk of recessions across the world

The Guardian - UK

Climate change, scarcity chip away at degrowth taboo

Degrowth - the idea that a finite planet cannot sustain ever-increasing consumption - is about the closest you can get…

Reuters

Scotland is being held back by the UK's poor economic polices

THE debate around the economics of independence has failed to focus enough on the costs of Scotland staying in – rather than…

The National (Scotland)

From analysis to good news, read the world’s best news in one place

Bank of England’s dire recession warning too ‘optimistic’ amid gas threat, economists say

‘If Russia were to completely cut supplies and we had a cold winter it would be a perfect storm’

The Independent UK

Whither Batgirl?

HBO Max’s drastic decision to not release a completed movie is a reminder of the murky—and merciless—economics of streaming.

The Atlantic

Viability of Newcastle gas terminal in the balance

The company behind one of the region's largest energy infrastructure projects - the proposed $589 million Newcastle Gas Dock -…

Newcastle Herald

Corporations' profits soaring as inflation skyrockets and real wages fall, report reveals

There are fresh calls for Australia's biggest corporations to rein in record profits in order to provide low wage earners…

ABC News

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Conservative leadership race: Jacob Rees-Mogg accuses Rishi Sunak of ‘fantasy’ economics

New poll shows gap between Tory leadership candidates has narrowed

Evening Standard

Rishi Sunak pledges 20% tax cut by end of decade in last-gasp pitch to members

Former chancellor warns party members against ‘fantasy economics’, adding voting for Truss would be ‘self-sabotage’

The Guardian - UK

The difference between the Tory candidates’ tax plans? One is bad, the other is really bad

Neither has the first idea of what they’re doing. Truss’s proposal does little for those who need it, and Sunak’s…

The Guardian - UK

Toyota plans $1.8bn Indonesia investment to build electric vehicles

JAKARTA: Japanese carmaker Toyota Motor Corp plans to invest 27.1 trillion rupiah ($1.80 billion, 66 billion baht) in Indonesia in…

Bangkok Post

John Oliver on the causes of the US inflation crisis: ‘An unprecedented perfect storm’

The Last Week Tonight host offers an Economics 101, breaking down the multitude of factors that have caused the worst…

The Guardian - US

Keir Starmer vows 'no magic money tree economics' in dig at Tory leadership hopefuls

The Labour leader hit out at 'Thatcherite cosplay' from Rishi Sunak and Liz Truss and said the economy would be…

Daily Mirror

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Tory economics led to decade of stagnation in UK economy, LSE report finds

A DAMNING report on the UK economy warns Scotland will continue to suffer no matter who wins the Tory tussle…

The National (Scotland)

Luke DeCock: UNC coach Mack Brown is now at the mercy of college football monster he helped create

CHARLOTTE, N.C. — College football is out of control, the economics involved becoming so extraordinary that football’s gravitational force is…

Tribune News Service

Brit drivers told to ignore common speed camera myths as AA reveals how they really work

Researchers estimate the much-loathed cameras have cut death rates and curbed the number of accidents by up to 68%, according…

Daily Mirror

Guatemala’s former economics minister pleads guilty to using Miami bank accounts to pay bribes

MIAMI — A former high-ranking government official in Guatemala has pleaded guilty in Miami federal court to conspiring to commit…

Miami Herald

Why are used cars so expensive now? We ask an expert

David Bailey, professor of business economics, says Covid, a chip shortage and the war in Ukraine are behind the unprecedented…

The Guardian - UK

Holidaymakers warned of Dover ferry queues; survey shows UK economy slowing – as it happened

Rolling live coverage of business, economics and financial markets as retail sales and factory surveys suggest UK economy losing momentum

The Guardian - UK