The Latest Breaking News from Economy

A conservation body says financial institutions are realising natural factors can damage the economy, but are not proactive enough in mitigating those risks.

The pressure on Australia's economy from higher interest rates justifies the decision not to deliver a "slash and burn" budget, Treasurer Jim Chalmers says.

A growing number of councils in England have declared bankruptcy since 2018, most recently Nottingham, Woking, Thurrock and Birmingham. With the situation in the devolved nations of the UK looking similarly precarious, the question of quite what has happened to local government finances in the UK is an urgent one.

A group of exiled Kremlin critics on Tuesday urged EU countries to do more to welcome Russians fleeing Vladimir Putin's regime, arguing that a shortage of skilled workers would deal a blow to the country's war-time economy.

Official numbers for April predicted to make grim reading in Downing Street and add to calls for the Bank of England to cut interest rates

The World Bank raised its global growth outlook on Tuesday on the back of resilient consumer spending in the United States, but warned that growth remains weak by historical standards.

The World Bank has upgraded its outlook for the global economy, estimating that it will expand 2.6% this year on the strength of sustained growth in the United States

Asian stocks are mixed in a busy week with several top-tier reports on U.S. inflation due along with a policy meeting of the Federal Reserve

THE economy might be steady at best, but airports are booming as people look to get out of the UK, at least on holiday.

When Sri Lanka's economy crashed in 2022, people sought work abroad wherever they could find it -- including ex-soldiers who joined forces fighting in Ukraine after Russia's invasion.

Most borrowers are adapting to tough financial conditions but the number of people in hardship or struggling to meet repayments is growing.