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The Latest Breaking News from Economy

NI university leaders unite to call for political agreement on tuition fee rise

Queen’s University, Ulster University and The Open University have warned that the current funding arrangements are ‘no longer sustainable’.

Evening Standard

Starmer promises ‘defence dividend’ through hike in military spending

The Prime Minister said the increase in spending to 2.5% of GDP will boost the economy and be felt in the pockets of workers.

Evening Standard

Bank of England cuts interest rates to 4.25% and welcomes US-UK trade deal – as it happened

Bank policymakers split 5-2-2 over this month’s interest rate decision

The Guardian - UK

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The Bank of England is expected to cut interest rates in the face of US tariffs threat

The Bank of England is widely expected to cut interest rates on Thursday as a result of the potential shock to growth emanating from the tariff policies of the Trump administration

The Independent UK

How Donald Trump's tariffs have impacted Scotch whisky sales – in figures

THE world’s economy is still reeling from Donald Trump’s “liberation day” on April 2 – which saw him levy tariffs on almost every country…

The National (Scotland)

Federal Reserve leaves key rate unchanged as it sees risk of higher prices

The Federal Reserve kept its key interest rate unchanged on Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of both higher unemployment and higher inflation have risen, an unusual combination that puts the central bank in a difficult spot.

Euronews

Asian shares trade higher after Wall Street climbs moderately as Fed holds rates steady

Asian shares are rising moderately after a lackluster finish on Wall Street, with most shares ticking higher after the Federal Reserve left its main interest rate unchanged, as was widely expected

The Independent UK

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ANZ shares sell-off after flat cash profit of $3.6b

Investors have hit sell on ANZ shares after the big four bank posted a cash profit less than what the market hoped to see.

AAP

Powell warns of tariff consequences

The Fed chair noted that Trump's upcoming tariffs could lead to inflation and increased unemployment

Salon

Fed might have to pick between solving unemployment or inflation

Fed Chair Jerome Powell said the central bank hasn’t faced such a scenario in a “long time.”

Fortune

Vietnam is poised to become a top 20 economy, so why is Australia taking so long to make trade and investment links?

At a time of widespread global trade instability, Australia should be expanding and diversifying its economic partnerships. Supply chains remain fragile, and protectionist rhetoric is once again gaining traction in major Western economies.

The Conversation

Biden Derangement Syndrome? How Trump can’t stop blaming everything under the sun on his predecessor

ANALAYSIS: Immigration, crime, trade – even the economic numbers since he left office: Biden’s name is on the lips of his successor multiple times a day to explain everything wrong with America. But will voters buy it, asks Andrew Feinberg from West Palm Beach, Florida

The Independent UK

Federal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategy

Central bank says ‘uncertainty has increased’ as it opts to maintain benchmark interest rate for third time in a row

The Guardian - US

Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher inflation have risen

The Independent UK

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MarketBeat

What Oil, Value, and Growth Correlations Say About the Market

A new signal is showing up all over the market, warning investors that the worst might not be over yet for the S&P 500 and the economy.

The Fashion Central

Kwasi Kwarteng Claims Rachel Reeves is Not the Real Problem

The global economy is all over the place right now — the war in Ukraine is still grinding on, Trump’s threatening trade tariffs like it’s 2018 are all over again, and tensions with China aren’t letting up.

Fortune

The best airline depends on where you sit, finds J.D. Power's 2025 airline satisfaction survey

With bookings down, customer service might be more important this year.

Evening Standard

What is double taxation? UK-India trade deal controversy explained

Ministers say the long-awaited deal will boost the economy by £4.8 billion annually by 2040

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International Business Times

Kim Jong Un Inspects North Korea's Munitions Factories, Touts Explosive Growth In Shell Output

Kim visited major munitions enterprises under the Second Economy Commission, where he assessed both shell manufacturing processes.

Barchart

A Solid Economy Is Creating a Buying Opportunity in September Australian Dollar Futures

Trends in currency markets tend to be stronger and longer-lasting.

International Business Times

New German Finance Minister Says 'No Time To Lose'

Germany's new Finance Minister Lars Klingbeil said Wednesday there was "no time to lose" to jump-start Europe's beleaguered top economy, even as hardline US trade policies complicate his task.

The Guardian - UK

Reform’s green energy assault in Lincolnshire ‘puts 12,200 jobs at risk’

Party intends to block projects despite net zero industries contributing nearly £1bn to local economy, analysis shows

The Conversation

Indonesia’s ‘thousand friends, zero enemies’ approach sees President Subianto courting China and US

For much of April and into May, a team of negotiators from Indonesia have been in Washington to discuss trading relations between the world’s largest economy and another forecast to be in the Top 5 within a generation.

Euronews

Merz's stumble jeopardises hopes of rebooting sluggish German economy

Friedrich Merz's failure to secure the title of chancellor in the first round of voting has created doubt over the future effectiveness of his government.

The Guardian - UK

China to cut interest rates in response to trade war with US

Half-point cut to be made to banks’ reserve requirement ratio and 1tn yuan released into banking system

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