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The Latest Breaking News from Economy

FTSE 100 Live 16 January: Index rally continues, Burberry jumps after Richemont update

Fears of a technical recession were stoked today by figures showing the UK barely grew in November.

Evening Standard

Pressure eases on Rachel Reeves as UK economy grows by 0.1% in November

Growth weaker than City forecasts but government says it’s a ‘step in the right direction

The Guardian - UK

UK economy returned to growth in November, driven by services – as it happened

Stocks extend rally; with inflation easing and sluggish economic growth, a February interest rate cut looks increasingly likely, analysts say

The Guardian - UK

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German corporate distress could reach pandemic-level highs this year

Rising uncertainty about the war in Ukraine and Trump's tariffs is adding to German firms' struggles.

Fortune

People’s Pension plans to invest up to £4bn into private market assets

The body which serves more than 6.8 million pension savers is set to start investing a significant proportion into private markets later this year.

Evening Standard

Davey calls for UK to join EU customs union to ‘turbocharge’ economy

In his first major speech of the year, the Liberal Democrat leader will urge the Labour Government to negotiate a new agreement with Brussels.

The Independent UK

Unexpected drop in inflation lifts pressure off Rachel Reeves

UK chancellor has had tough week but latest figure sends yield of UK government bonds tumbling

The Guardian - UK

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Germany's Economy Shrinks By 0.2% For Second Year

Germany's economy experienced a 0.2% contraction in 2024, prompting analysis and strategies for recovery.

Top News

Tories are ‘snowflakes’ and Truss on ‘bizarre quest to cancel’ PM – Phillipson

Sir Keir Starmer also referred to Liz Truss’ cease and desist letter against him and said it was ‘crashing the economy that damaged her reputation’.

Evening Standard

Russian Inflation Climbs As Ukraine Offensive Weighs On Economy

Inflation in Russia accelerated in 2024, official statistics published Wednesday showed, as the costs of Moscow's full-scale offensive on Ukraine weigh on the domestic economy.

International Business Times

OPINION - Unshackle London and the capital will drag Britain out of stagflation

We may not be in recession...yet but the markets have made up their own minds about prospects for the UK

Evening Standard

What Goldman Sachs’ Quarterly Results Reveal About the Economy

Goldman Sachs kicked off the 2025 first quarter earning season, and the price action compared to peers might signal a better environment.

MarketBeat

Scottish Labour MP challenges Keir Starmer as Grangemouth pledge 'hasn't happened'

A SCOTTISH Labour MP used Prime Minister’s Questions to challenge Keir Starmer on his General Election pledges to “step in and save the…

The National (Scotland)

In Trump 2.0, growing, spending, or squandering an enviable macroeconomic inheritance are all on the table

No freshly elected president has entered office with a stronger economic backdrop in recent history.

Fortune

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Evening Standard

PM insists Reeves in post for ‘many years’ amid calls to rule out tax hikes

Conservative Party leader Kemi Badenoch asked Sir Keir Starmer if the country could ‘afford four more years of his terrible judgments’.

International Business Times

$10 Million In Morpheus Builder Rewards Go Live On Base

Morpheus, which seeks to open a pathway "toward infinite intelligence for everyone," has made available $10 million in builder rewards on Base, highlighting its commitment to the burgeoning builder economy.

The Guardian - UK

German economy shrinks for second year in a row

First consecutive year of declining GDP since early 2000s highlights challenges facing next government

International Business Times

German Economy Shrinks Again Amid Political Crisis

Germany's economy shrank for a second straight year in 2024, official figures showed Wednesday, with little hope of a speedy recovery as Europe's traditional powerhouse is also mired in political crisis.

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The Independent UK

Germany's economy shrank for the second consecutive year in 2024

Preliminary official figures show that the German economy shrank for the second consecutive year in 2024

International Business Times

China's Economy Seen Slowing Further In 2024: AFP Survey

China's economic growth likely fell fractionally short of the government's five percent target last year, according to an AFP survey, as leaders head into 2025 steeling for the second presidency of Donald Trump amid fears of another painful trade standoff.

International Business Times

Renewed US Trade War Threatens China's 'Lifeline'

China might not be able to rely on trade to steer it out of trouble as blistering tariffs being considered by US President-elect Donald Trump threaten an already struggling economy.

InsideEVs

Americans Overwhelmingly Support Stricter Fuel-Economy Standards: Study

Polarization may be the buzzword lately, but when it comes to improving fuel economy, Americans appear to be united. Across party lines, they agree: Fuel economy standards should keep improving to reduce car ownership costs.

Fortune

After ‘historic’ investment in chips and data centers, can Malaysia maintain its optimism in the age of Trump 2.0?

"We are no longer satisfied with playing the spectator."

International Business Times UK

UK Industries Brace For £2.5B Blow From Trump's Tariff Threats: Which Sectors Are At Risk?

President Donald Trump's plan to defend the US economy with a wall of tariffs could cost British businesses £2.5 billion per year, analysts have predicted.

Salon

Gen Z is buying into the dupe economy

Younger shoppers are embracing less expensive versions of designer brands

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