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The Latest Breaking News from Economy

Deporting millions of immigrants would shock the US economy, increasing housing, food and other prices

One of President Donald Trump’s major promises during the 2024 presidential campaign was to launch mass deportations of immigrants living in the U.S. without legal authorization.

The Conversation

Britain’s unearned wealth has ballooned – a modest capital tax could help avoid austerity and boost the economy

Inheriting the worst set of public finances for decades, Labour was always going to face an uphill struggle trying to fund improvements to the UK’s public services.

The Conversation

Rachel Reeves wrongly claims work published in world-leading economic journal

Rachel Reeves has wrongly claimed that she had work published in one of the world’s leading economics journals amid growing concerns that she…

The National (Scotland)

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Bank of England chief says UK facing ‘weak growth environment’

Andrew Bailey said the world was experiencing a period of ‘heightened uncertainty’ which could have an impact on global growth.

Evening Standard

London AI firm announces 106 jobs for Belfast

Napier AI is establishing a new office in Belfast and creating 106 jobs.

Evening Standard

'Two-tier' AI economy is emerging between startups and corporations, AWS EMEA chief says

Large companies are not adopting AI as quickly as start-ups, AWS managing director Tanuja Randery says.

Fortune

How Spain’s radically different approach to migration helped its economy soar

As immigration has increased, GDP has surged and unemployment has fallen to lowest level since 2008

The Guardian - UK

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German 'Bureaucracy Monster' On Everyone's Election Hit List

German politicians make a lot of laws and regulations but on the campaign trail many rage against the country's notorious bureaucracy, labelling it a monster that needs to be slayed.

International Business Times

RBA reduces interest rates, but don’t hold your breath for too much more this year

The path of the economy and inflation in the year ahead will dictate the timing of any future cuts to interest rates

The Guardian - AU

RBA Cuts Interest Rate to 4.1%: What It Means for Inflation, Growth, and Consumers

RBA cuts rates to 4.1% to balance inflation fight with growth concerns. What does it mean for your wallet, the AUD, and the economy?

International Business Times UK

What is divestiture and how would it stop insurance companies ‘ripping off’ customers?

Australia is creeping towards adding a divestiture power to its Competition and Consumer Act.

The Conversation

Trump’s tariffs present fresh headache for India’s slowing economy

India, one of the fastest growing economies in the world, is facing a slowdown in a sign of deeper problems.

Al Jazeera

Failing economy, rising far right and Ukraine war define Germany's divisive elections

Germany is entering its final week of campaigning ahead of nationwide elections on 23 February amid economic turmoil, political uncertainty, and growing concerns over its place in the global order.

Radio France Internationale

Global Shares Mixed As Investors Monitor Economic Data

Global shares trade mixed as investors watch economic data and Trump's policies. Japan's economy grows 2.8% in Q4. Markets monitor potential trade war impact.

Top News

Japan's Economy Grows 2.8% In Q4, Exports Surge

Japan's economy grew by 2.8% in Q4 2024, impacting markets positively and hinting at potential interest rate hikes.

The Guardian - US

‘It comes from racism’: immigrant workers on Trump’s deportation push

The president’s actions have sent a wave of terror through the community that underpins much of the US economy

Evening Standard

Firms planning to cut recruitment and increase redundancies – report

Many businesses are planning to reduce headcount, raise prices and cut investment in workforce training, survey suggests.

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The Guardian - UK

European defence stocks rise by €18bn to record high ahead of Ukraine peace talks – as it happened

Shares in BAE Systems, Rheinmetall and Saab soar, as Keir Starmer offers to put British ‘boots on the ground’ in Ukraine

The Independent UK

Five reasons why Germany’s economy is in the dumps

What went wrong?

The Independent UK

Fixing Germany's economy is a critical task for the country's next government

Germany needs a new business model to get its stalled economy going again

The Guardian - UK

Trump policies make US ‘scary place to invest’ and risk stagflation, says Stiglitz

Uncertainty created by tariffs and contempt for rule of law will deter investment, says top economist

The National (Scotland)

UK Government urged to rethink ‘tax on jobs’ due to impact on Scottish economy

The UK Government has been urged to reconsider its increase to employer National Insurance contributions before it causes “lasting damage” to…

The Independent UK

Japan's economy grows more than expected on strong exports and moderate consumption

Japan’s economy grew at a better-than-expected annual rate of 2.8% in October-December, underlined by steady exports and moderate consumption

Fortune

Europe is already sabotaging its own economy far more than US tariffs could, former ECB president says

Draghi cited IMF estimates that show Europe’s internal barriers are equivalent to a 45% tariff on manufactured goods and a 110% levy on services.

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