The Latest Breaking News from Economy

The base rate fell to 4.5% on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting surging inflation.

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

The latest S&P Global construction purchasing managers’ index showed a reading of 48.1 in January, down sharply from 53.3 in December.

THE Labour Government’s flagship economic pledge has been dealt a blow after the Bank of England halved its growth forecast for 2025 ...

Explore the impact of potential tariffs on Ciudad Juárez's manufacturing sector and cross-border trade dynamics.

As an environmentally conscious consumer, buying a new phone can be challenging. Today, most chips come from East Asia, assembly happens in China, and tracing the environmental and social impact of production is all but impossible. On top of that, rare-earth elements from China are increasingly used as geopolitical leverage.

Helping businesses leverage clean energy and AI will transform Australia to its "fourth economy" and improve productivity growth, Treasurer Jim Chalmers says.

For decades, Nissan and Honda have competed with one another in just about every way possible, except for pickup trucks and motorcycles. That's why the world was shocked last year when the rivals announced a $60 billion plan to merge into one company in what was seen as the biggest…

During its 16th annual summit in Kazan, Russia, Brics – a group of emerging economies determined to act as a counterweight to the west and to whittle down the influence of global institutions – invited Nigeria and eight other countries to join it as “partner” countries. Nigeria formally accepted the…