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The Latest Breaking News from Economy

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

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)

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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

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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

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

The Guardian - UK

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.

Fortune

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.

Evening Standard

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.

The Independent 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

The Guardian - UK

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.

Top News

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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.

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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…

Fortune

In Trump 2.0, growing, spending, or squandering an enviable macroeconomic inheritance are all on the table

No freshly elected president has entered office with a stronger economic backdrop in recent history.

Evening Standard

PM insists Reeves in post for ‘many years’ amid calls to rule out tax hikes

Conservative Party leader Kemi Badenoch asked Sir Keir Starmer if the country could ‘afford four more years of his terrible judgments’.

International Business Times

$10 Million In Morpheus Builder Rewards Go Live On Base

Morpheus, which seeks to open a pathway "toward infinite intelligence for everyone," has made available $10 million in builder rewards on Base, highlighting its commitment to the burgeoning builder economy.

The Guardian - UK

German economy shrinks for second year in a row

First consecutive year of declining GDP since early 2000s highlights challenges facing next government

International Business Times

German Economy Shrinks Again Amid Political Crisis

Germany's economy shrank for a second straight year in 2024, official figures showed Wednesday, with little hope of a speedy recovery as Europe's traditional powerhouse is also mired in political crisis.

The Independent UK

Germany's economy shrank for the second consecutive year in 2024

Preliminary official figures show that the German economy shrank for the second consecutive year in 2024

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