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The Latest Breaking News from GDP

UK economy unexpectedly shrank in October in fresh blow for Rachel Reeves

Economy contracted by 0.1 per cent in October, according to the Office for National Statistics

The Independent UK

UK economy contracts for second month running in October

The Office for National Statistics said gross domestic product (GDP) fell 0.1% in October, following a 0.1% decline in September.

Evening Standard

GDP shock: London businesses slam Budget turmoil as UK economy shrinks 0.1% in October

The latest GDP figures are a blow to Rachel Reeves, who admitted leaks in the run-up to her November 26 Budget were ‘very damaging’

Evening Standard

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UK economy: GDP shrunk in October in fresh blow for Rachel Reeves

Economy contracted by 0.1% in October, according to the Office for National Statistics

The Independent UK

FTSE 100 Live 12 December: GDP reverse fuels rate cut bets, Card Factory slides

The UK economy declined by 0.1% for a second successive month in October, figures today showed.

Evening Standard

UK economy shrank unexpectedly before budget, data shows

GDP fell by 0.1% in October as activity failed to regain momentum after cyber-attack on Jaguar Land Rover

The Guardian - UK

December cut to UK interest rates ‘nailed on’ after economy shrinks unexpectedly by 0.1% in October – as it happened

Disappointing UK GDP report shows economy contracted by 0.1% in both September and October

The Guardian - UK

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Visibly tired, unkempt and deluded Donald Trump insists United States economy can grow by 25% annually

A president sorely in need of a nap.

We Got This Covered

Trump's Next Tariff Moves Could Make Or Break The US Economy In 2026

Tariffs aren't exactly top of mind for most Americans during the Christmas holidays, but as 2026 approaches, a few trade decisions from President Donald Trump could end up steering everything from the U.S. economy to your portfolio.

Benzinga

You can rebook an Indigo flight. You can’t rebook your lungs

A reiteration of the obvious is never wasted on the oblivious – Percival Everett, Erasure.I'm a man of contradictions, I'm a man of many moodsI contain multitudes– Bob Dylan, I contain multitudes. On December 6, I wrote a piece for Newslaundry explaining why India has been held hostage by a single airline: IndiGo. It went viral…

Newslaundry

Could The US Economy Enter A Recession While Hosting The 2026 World Cup?

In 2026, the United States, Canada and Mexico will jointly host the FIFA World Cup, the largest sporting event ever staged in North America, with 48 teams, expanded venues, and one of the most complex tourism and logistics operations in sports history.

Benzinga

Illegal tobacco is messing up economic data. That won’t stop until it’s managed like alcohol

Most Australians have probably noticed the proliferation of tobacconists and “convenience stores” in the last few years. These stores aren’t making much from the limited offerings on public display. Rather, their profitability comes from under-the-counter sales of untaxed tobacco and illegal vapes.

The Conversation

Here’s what lies ahead for the economy in 2026 - and the outlook depends on who you ask

Financial institutions and economists hold a relatively positive outlook of growth in 2026 – though they warn several factors could disrupt that

The Independent UK

China bets big on exports, but will Europe’s economy pay the price?

China’s export surge threatens Europe’s economy, with Goldman Sachs warning of GDP losses in Germany, Italy, France, and Spain due to rising competition and weak EU policy responses.

Euronews

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inkl

From Cost Centers to Capital Generators: David Akokodaripon’s Blueprint for the AI-Native Economy

The global economy is currently undergoing a paradigm shift comparable to the industrial revolution, transitioning from a model based on tangible asset accumulation to one predicated on the capitalization of intangible digital liquidity. In this new macroeconomic environment, data has evolved from a passive record of transactions into a primary…

The Conversation

Low-tax or high-welfare? The UK must decide what type of country it wants to be

Headlines about tax in the UK being at an all-time high abounded after the autumn budget. The current overall tax take, at 35% of GDP, is indeed a historic high for the country. And the measures announced in the budget will take it to 38% by the end of the…

Evening Standard

JLR recovery set to have lifted economy in October despite pre-Budget nerves

Official figures will show estimates for UK gross domestic product (GDP) on December 12.

Benzinga

10 Bold Market Calls For 2026 From Bank Of America: AI Boom, Strong GDP, Lower Yields

Bank of America Global Research expects the global economy to enter 2026 with more momentum than investors anticipate, calling for stronger U.S. and China growth, continued AI-driven investment, and a shift in market leadership.

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news in one place.

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Euronews

A decade of Brexit: Britain falls behind peers in trade and growth

Economic analysis shows UK GDP per capita grew up to 10% less than similar nations as firms froze spending and productivity slipped.

The Guardian - AU

There are two big drivers of Australia’s economic growth – but shape matters as much as size

Income from rooftop solar panels and investment in data centres are helping to power the economy, which leads us to the question: is all growth good?

The Guardian - AU

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

Barchart

Dollar Fades as Bond Yields Fall and Stocks Climb

The dollar index (DXY00 ) on Tuesday gave up an early advance and fell slightly by -0.08%. The dollar turned lower on Tuesday after T-note yields gave up an early advance, weakening the dollar's interest rate differentials. Strength in stocks on Tuesday was bearish for the dollar as it reduced...

AAP

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.

Barchart

Dollar Firms With T-Note Yields

The dollar index (DXY00 ) today is up slightly by +0.05%. Higher T-note yields today are supportive of the dollar as the 10-year T-note yield rose to a 1.5-week high at 4.11%. Also, today’s action by the OECD to boost its US 2025 GDP forecast was supportive for the dollar....

The Conversation

Why Rachel Reeves chose a ‘smorgasbord’ of tax tweaks – and the risks involved in that approach

Chancellor Rachel Reeves has delivered her second budget, in which she raised taxes by £26 billion. This will take the UK tax burden to an all-time high of 38% of GDP by 2030-31. But it will also more than double Reeves’ “fiscal headroom” to £22 billion.

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