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The Latest Breaking News from Economy

Australian economy crawls back into growth mode thanks to datacentre boom and household spending uptick

Analysts say national accounts figures show how far the economy has come, with annual GDP growth hitting 2.1% compared to 0.8% this time last year

The Guardian - AU

Australian economic growth is solid but not spectacular. Rate cuts are off the table

Australia’s economy grew by a softer-than-expected 0.4% in the September quarter, slowing from 0.6% growth in the June quarter. It confirms the recovery is tracking forward but without strong momentum.

The Conversation

Chuck Schumer Says The Only 'Hoax' Is Trump's Repeated Lies About The Economy Amid Soaring Grocery, Housing And Utility Prices: 'We All Feel The Pain'

Senate Minority Leader Chuck Schumer (D-N.Y.) slammed President Donald Trump’s latest claims regarding the economy amid soaring prices of key essentials under his administration.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Keir Starmer to face PMQs amid continued Budget questions

The OECD has warned tax hikes and reduced spending will act as a ‘headwind’ to the UK economy over the next two years.

Evening Standard

BoE Eases Bank Capital Requirements for the First Time Since 2008

The Bank of England has eased bank capital rules for the first time since 2008. Here's what it means for borrowing, savings and the wider economy.

International Business Times

Gaza’s once-growing economy is nearing total collapse

Gaza is going through one of the most severe economic collapses the world has seen in modern times. According to a UN report published in late November, the average income per person there is now just US$161 (£122) a year. Before 2007, when Israel imposed a blockade of Gaza after…

The Conversation

BoE Eases Bank Capital Requirements for the First Time Since 2008—What It Means for You

The Bank of England has eased bank capital rules for the first time since 2008. Here's what it means for borrowing, savings and the wider economy.

International Business Times UK

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Australian economy builds as investment roars back

Australia's economic growth rate came in below market expectations, but a strong domestic pulse shows the economy is in good shape.

AAP

Government to allow flat rate tourist tax

The visitor levy gives councils the power to tax stays in hotels and other accommodation.

The Independent UK

The trade war was never going to fix our deficit

Trump's tariffs won't alter the trajectory of our national debt or entitlements. For the economy's sake, the Supreme Court should end this abuse of power.

Fortune

Despite US trade war, EOCD expects global economy will grow 3.2% this year

The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and U.S. economic growth this year

The Independent UK

African land policy reforms have been good for women and communities – but review of 18 countries shows major gaps

Land tenure is the relationship, defined in law and customs, that people as individuals or groups have with land. It involves a bundle of rights to land, such as the right to use, sell, or bequeath land. Secure tenure is crucial for people to have secure homes, for food production,…

The Conversation

Americans Feel Bleak Despite Strong Economy — Here's Why

American consumers are seriously depressed, even as key economic data looks solid. A surprisingly deep gloom now dominates U.S. households, even as unemployment, inflation and wage trends suggest households should feel stronger than they have in years.

Benzinga

8 Financial “Rules” Boomers Swear By That Are Actually Useless Now

Money habits that shaped one generation do not always hold up in a different economy. Some boomer financial rules worked in an era of cheap housing, stable jobs, and predictable returns. That era is gone. Costs shifted, wages stagnated, and risk moved from institutions to individuals. When old guidance lingers,…

The Free Financial Advisor

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The Independent UK

Labour now less trusted on the economy than Liz Truss, damning new poll finds

Asked who they would trust with the economy, 10 per cent of people said Labour – fewer than those who said they would trust Liz Truss

Axios

AI bubble a "key downside risk" to U.S. economy, report warns

The OECD expects growth to slow and inflation to rise in the U.S. next year.

Barchart

Stock Index Futures Gain as Investors Recover Risk Appetite

December S&P 500 E-Mini futures (ESZ25) are up +0.27%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.39% this morning, signaling a rebound from yesterday’s sell-off on Wall Street as investor risk appetite gradually returns at the start of December, a period that has historically been strong for markets.

The Independent UK

OBR confronted Treasury about ‘unhelpful’ policy leaks before Reeves’ Budget

The economy watchdog forced to deny being ‘at war’ with Treasury after row over state of Britain’s public finances

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Evening Standard

UK growth facing headwinds from tax hikes and spending cuts – OECD

The OECD said growth will slow to 1.2% next year, before edging up to 1.3% in 2027, with ‘substantial’ downside risks from fiscal tightening.

The Guardian - UK

OECD warns Reeves higher taxes and spending restraint will limit consumer expenditure

UK economy will grow faster than France, Germany and Italy but slower than US next year, report predicts

The Independent UK

Fresh blow for Reeves as Labour’s anti-migration policies blamed for sluggish UK growth

Less than a week after her controversial Budget, Rachel Reeves has been warned that tax hikes and spending cuts will pile pressure on the UK economy in next two years

The Guardian - AU

Age of the ‘scam state’: how an illicit, multibillion-dollar industry has taken root in south-east Asia

Like the narco-state, a ‘scam state’ refers to countries where an illicit industry has dug its tentacles deep into institutions and transformed the economy

The Conversation

Why economic insecurity – not immigration – should be Labour’s top electoral priority

The autumn 2025 budget came at a crucial time for the Labour government. With their popularity at record lows, how Labour continues to manage the economy is key for its prospects at the next election.

inkl

Why Premium Cabin Travel Is Becoming More Affordable

For a long time, stepping into a business class cabin felt like entering a different world — a quieter one with wide seats, real cutlery, and the promise of finally getting a few hours of sleep on a long flight. It certainly wasn’t something most travelers ever expected to buy…

The Guardian - UK

How the standoff between Rachel Reeves and the OBR unfolded

Treasury’s independent economic forecaster says outlook for economy rosier than chancellor led everyone to believe

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