The Latest Breaking News from Economy

As chancellor reaches milestone she faces the tricky task of rescuing public finances while also investing in growth

France's debt has reached a record €3.228 trillion, amounting to 112 percent of GDP. That is well above the cap set by EU rules. Of course, France isn't the only member state to have racked up debt during the Covid pandemic and the energy crisis. Several countries have been reprimanded…

If we treated this service as vital state infrastructure, it could make a huge difference to parents – and to the economy, says the Guardian columnist Gaby Hinsliff

"In my scenario rates are pretty comfortable where they are relative to the economy," Yardeni said.

Britain's economy bounced back in August, official data showed Friday, boosting the new Labour government ahead of its maiden budget later in October.

Investors and analysts expect China to unveil billions of dollars in new stimulus for its troubled economy Saturday as officials battle multiple headwinds including a prolonged housing crisis and sluggish consumption.

Rachel Reeves will announce her autumn Budget on 30 October

Output was up by 0.2% in the month after flatlining in June and July

GDP rises by 0.2% in August after flatlining in June and July but rate of expansion slower than first half of year

UK GDP rose by 0.2% in August, reports Office for National Statistics, with accountancy, retail and many manufacturers having strong months

The benchmark CSI 300 Index posted its biggest weekly gain in nearly 16 years and the yuan hit a 16-month high after the Politburo and central bank issued a barrage of measures to boost lending and bolster lagging economic growth