The Latest Breaking News from Economy

The Industrial and Commercial Bank of China has been hit by a cyberattack, forcing it to trade using USB sticks in New York. Also, violent protests continue in Bangladesh over pay for garment workers. Meanwhile, China's International Import Expo wraps up in Shanghai. Plus, the UK has avoided a recession,…

In 1923, the country was rocked with hyperinflation, now the retreat from globalisation is exposing the fragility of its industrial model

Gaza is experiencing ‘unimaginable’ levels of destruction as the Palestinian economy suffers after a month of war.

Bank of England is unlikely to cut interest rates any time soon and Treasury unlikely to cut taxes due to fear of higher inflation

The British economy flatlined in the third quarter of the year

THE UK economy stagnated over the latest quarter with no growth recorded, according to official figures.

Britain's economy flatlined in the third quarter of the year meaning that it will miss falling into recession in 2023.

Zero growth also underlines impact of inflation on consumer spending and business activity

Rolling coverage of the latest economic and financial news, as UK GDP is unchanged in July-Setptember

A new U.N. report paints a stark picture of the collapsing Palestinian economy after a month of war and Israel’s near total siege of Gaza

Food delivery platforms have warned that planned gig economy changes could lead to higher delivery costs for consumers and fewer jobs.