The Latest Breaking News from Economy

Russia's central bank on Friday cut its key interest rate, but warned inflation was still too high, amid growing concerns over an economic slowdown amid the Ukraine offensive.

Since the war began, the Israeli crackdown has hit the West Bank industry and economy hard, forcing bars, restaurants and hotels to close.

CS Venkatakrishnan, chief executive of the banking group, told the Financial Times that wage inflation was a problem across the UK economy.

Bridgewater Associates founder Ray Dalio issued stark warnings about the U.S. economy’s mounting debt burden, comparing the fiscal strain to arterial blockage that could trigger a financial “heart attack.”

Chancellor calls economy ‘stuck, not broken’ but there are signs her policies have added to the UK’s economic headwinds

The U.S. economy experienced inflation acceleration in August, which was largely in line with market expectations, sparking a debate as President Donald Trump declared “No Inflation!!!” on social media. That claim was promptly challenged by economist Justin Wolfers, who asked, “No inflation? Says who?”.

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The sector saw activity fall by 1.3 per cent, holding back growth in the wider economy

The manufacturing sector saw activity fall by 1.3%.

‘We know there's more to do to boost growth because whilst our economy isn't broken, it does feel stuck’ - Treasury spokesperson

New GDP figures today showed the UK failed to grow during July, adding to pressure on Chancellor Rachel Reeves.