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The Latest Breaking News from Economy

Apple Loses Top Spot In China Smartphone Sales To Local Rivals

The California-based tech giant claimed a market share of 15 percent in the world's number two economy, behind Huawei's 16 percent and top-ranking Vivo's 17 percent, according to industry data provider Canalys.

International Business Times

Canada's Energy Minister Warns Of Economic Impact Of Tariffs

Canada's energy minister warns of potential consequences of Trump's tariff threats on Canada and U.S. economy.

Top News

Reeves clings to green shoots of recovery as UK economy flatlines

After a tough start to the year, the chancellor’s desire to ‘kickstart growth’ is unlikely to happen quickly

The Guardian - UK

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Weaker-than-forecast rebound in growth keeps Chancellor under pressure

The ONS estimated the UK economy grew in November by 0.1% after falling by 0.1% in both September and October.

Evening Standard

UK politics live: Labour announce rapid national grooming gang review in partial climb down as Musk responds

Home secretary’s announcement marks partial government climbdown on grooming gangs scandal

The Independent UK

UK economy could be especially at risk from Trump’s tariff war, says minister

Trade secretary says UK’s ‘globally oriented’ economy means it is vulnerable – but it is better positioned than China and EU

The Guardian - UK

Interest rates 'to be cut within weeks' as weak GDP figures deal new blow to Labour Chancellor Rachel Reeves

The Bank of England’s Monetary Policy Committee is expected to cut interest rates in early February

Evening Standard

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UK Economy Rebounds But Headwinds Remain For Govt

Britain's economic growth rebounded less than expected in November, official data showed Thursday, dealing a fresh blow to a Labour government that is battling headwinds.

International Business Times

Pressure grows on Rachel Reeves as UK growth figures weaker than expected

Chancellor Rachel Reeves has insisted she will “fight every day” to deliver economic growth after the latest official figures showed…

The National (Scotland)

UK economy sees weaker-than-expected growth in November

The Office for National Statistics estimated the UK economy grew in November by 0.1% after falling by 0.1% in both September and October.

Evening Standard

UK’s economy grows for first time in three months - but less than expected

Gross domestic product (GDP) grew by 0.1 per cent in November, after falling in both September and October - but showed no growth in the three months to November

The Independent UK

Rachel Reeves hit by major new setback as 0.1% GDP growth disappoints

The growth will do little to ease fears of a possible technical recession for the UK economy over the winter

Evening Standard

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

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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

Fortune

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.

Evening Standard

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.

The Independent UK

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.

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The Guardian - 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

Top News

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.

Evening Standard

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’.

International Business Times

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.

Evening Standard

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

MarketBeat

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.

The National (Scotland)

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…

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