The Latest Breaking News from Economy

Rachel Reeves’s budget was seen as a “make or break” moment for the chancellor and the government, which is suffering from low approval ratings and rapidly fading public confidence. At the same time, threats of a leadership challenge and the impending May elections mean Keir Starmer has a tricky path…

When the economy gets shaky and headlines start warning about drops, crashes, or corrections, it is easy to make impulsive financial decisions. But market volatility does not have to derail your long-term plans. In fact, how you respond during unpredictable economic cycles often matters more than the volatility itself. Couples…

PM seeks to rebuff claims government broke its promises while conceding budget ‘asked everybody to contribute’

Federal Reserve Governor Stephen Miran signaled his willingness to support the Fed’s decisions if it pursues another interest rate cut, instead of issuing another symbolic dissent as he has in the past.

Billionaire Elon Musk's endorsement of a controversial 'hard truth' on immigration clashes with his South African roots and the US economy's need for skilled foreign talent.

Bond vigilantes may be reassured but the jury is out for households and businesses

On the surface, the headlines largely speak for themselves. In late October, the total market capitalization of the Magnificent Seven — a group of elite tech juggernauts — jumped past the $22.2 trillion level. Leading the surge was semiconductor giant Nvidia Corp. (NASDAQ:NVDA), which crossed the $5 trillion valuation mark…

Nobody predicts that holiday spending will drop 50% -- or even anywhere close to that. But what would happen if the economy did experience such a decline?

The OBR has apologised after the unprecedented early release of its economic and fiscal outlook document ahead of the Budget.