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The Latest Breaking News from Economy

Rachel Reeves will soon be back to squeeze us again

THE INDEPENDENT VIEW: Editorial: The case with which Labour built its general election win – that it would fix the foundations of the economy – has been left woefully exposed by the chancellor’s spring statement

The Independent UK

No mention of green issues by Rachel Reeves, but her silence comes as a relief

Fact that chancellor swerved climate crisis and net zero targets suggests sector has avoided the axe for now

The Guardian - UK

Copper prices have soared as the US threatens tariffs on the metal and China boosts its economy

Copper prices have hit record highs as an ongoing trade war between the U.S. and its key trading partners threatens to squeeze supplies of the vital metal

The Independent UK

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Everything is great, nothing to see here, Rachel Reeves tells MPs

Chancellor delivers a spring statement strong on wishful thinking and light on compassion for those hit by cuts

The Guardian - UK

Growth forecast halved this year in blow to Reeves

Chancellor Rachel Reeves said she was taking action to grow the economy but said she was battling global instability.

Evening Standard

Survey says Americans haven't felt this dejected about their income and business prospects in over a decade

The Trump administration and its policies had a significant impact on consumers' views of the economy.

Fortune

Industry figures call for further investment in AI to boost UK economy

Chancellor Rachel Reeves used her spring statement to announce plans for more investment in AI technology for the public sector and defence.

Evening Standard

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Erdoğan accuses Turkey's opposition of wrecking economy as protests continue

Many consider the case against Istanbul mayor Ekrem İmamoğlu, seen as the biggest challenger to Erdoğan’s 22-year rule, to be politically motivated.

Euronews

Video: Six key takeaways from Rachel Reeves’ spring statement

Rachel Reeves unveiled a £14bn package to repair finances, which included cuts to welfare, in her spring statement on the state of the UK economy on Wednesday, 26 March.

The Independent UK

UK Spring Statement: Further budget cuts and halved economic growth

Britain's Chancellor of the Exchequer Rachel Reeves has laid out the latest on UK public finances. Her statement arrives at a moment when the nation needs to find billions to boost defence spending against the backdrop of an ailing economy. Here are the key takeaways.

Euronews

Labour cuts to push 50,000 children into poverty, UK Government's own figures show

LABOUR’S welfare cuts will push “an additional 250,000 people (including 50,000 children)” into relative poverty, according to the UK…

The National (Scotland)

Labour MPs urge Rachel Reeves to rethink cuts to health and disability benefits

Debbie Abrahams, who chairs the Work and Pensions Committee, questioned how ‘making people sicker and poorer’ would help the economy.

Evening Standard

'A new era of austerity': Rachel Reeves slammed over £14bn cuts package

THE Chancellor has been asked to “tap up multi-millionaires for a few quid” to balance the nation’s books instead of cutting benefits for…

The National (Scotland)

Spring statement 2025 summary: Key takeaways from benefit cuts to tax crackdowns

As the chancellor was forced to deliver a brutal spring statement due to the flatlining economy, The Independent looks at what cuts Rachel Reeves rolled out

The Independent UK

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Evening Standard

Forbes hails ‘strong start to the year’ after economy grew 0.3% in January

The Deputy First Minister welcomed the figures ‘in the context of global economic uncertainty’.

The National (Scotland)

Scotland economy outperforming UK as whole, new figures show

SCOTLAND recorded an increase in GDP at the start of 2025 while the UK as a whole saw the economy contract, according to new figures ...

The Independent UK

Erdogan accuses the opposition of wrecking Turkey's economy during protests over mayor's jailing

Turkey’s president has accused the political opposition of “sinking the economy” during the country’s largest protests in more than a decade

The Independent UK

Spring statement in full: Watch Rachel Reeves announce benefits cuts and £2.2bn defence boost

Watch as Rachel Reeves delivers her spring statement on the state of the UK economy on Wednesday, 26 March.

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news in one place.

100's of premium titles.
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Euronews

The Spanish economy grew 3.2% in 2024: Why is it outperforming peers?

Spain's economy grew 3.2% in 2024, one of the fastest in the eurozone, driven by strong domestic demand, robust tourism, and EU recovery funds, outperforming Germany, France and Italy. Economists say Spain remains a ‘bright spot’ in Europe, expecting this outperformance to continue through 2025.

Euronews

UK inflation slowed to 2.8% in February, fuelling hopes of a rate cut

The better-than-expected inflation figure comes as a relief to the economy as it faces the looming threat of stagflation: high inflation coupled with low output.

The Conversation

Politics with Michelle Grattan: Jim Chalmers and Angus Taylor on tax top-ups and budget bottom lines

As the election starter’s gun is about to be fired, Tuesday’s budget announced modest income tax cuts as the government’s latest cost-of-living measure. The Coalition has opposed the tax relief, with Peter Dutton’s Thursday budget reply to put forward his policy counters on the cost of living.

The Guardian - UK

Tackling climate crisis will increase economic growth, OECD research finds

Third of global GDP could be lost this century if climate crisis runs unchecked, says report

The Independent UK

Stock market today: Asian markets make modest advance after a slow day on Wall Street

Asian markets are mostly higher after Wall Street followed up one of its best days of the last year with a quiet day of trading

The Independent UK

US consumer confidence plunges to four-year low in latest blow to economy

Americans are expecting inflation and a recession

International Business Times

Asian Stocks Rise On Trade Optimism, But US Policy Uncertainty Lingers

Lingering hopes that Donald Trump's planned tariff blitz next week will not be as painful as feared helped lift Asian markets Wednesday, though uncertainty about the president's policies and the US economy tempered optimism.

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