UK stagflation threat as Labour tax hikes loom
Experts warn that Britain faces a dangerous stagflation scenario, with Labour's proposed tax increases potentially crippling economic recovery while inflation remains stubbornly high.
Experts warn that Britain faces a dangerous stagflation scenario, with Labour's proposed tax increases potentially crippling economic recovery while inflation remains stubbornly high.
Rachel Reeves' economic strategy promises renewal but risks repeating past mistakes with deregulation dressed as innovation. Is this just trickle-down economics in new packaging?
Liberal Democrat leader Ed Davey has launched a scathing attack on Nigel Farage, blaming him for economic turmoil and political instability in the UK.
Former President Donald Trump is reportedly considering replacing Jerome Powell as Federal Reserve chair if re-elected, sparking debates over economic stability and political influence.
Former President Donald Trump has reignited tensions with Federal Reserve Chair Jerome Powell, hinting at a potential dismissal if re-elected. Explore the political and economic implications of this unprecedented power struggle.
Cuba's social services minister, Marta Elena Feito Cabrera, has sparked controversy by asserting that homelessness does not exist in the country. Critics question the accuracy of her statement amid economic struggles.
Former US President Donald Trump has proposed imposing secondary tariffs on nations trading with Russia, targeting key economies like China and India. Experts warn of potential global trade disruptions.
Labour leader Keir Starmer and Business Secretary Kemi Badenoch locked horns during PMQs, with Starmer accusing the government of economic mismanagement and Badenoch defending the Conservatives' record.
Chancellor Rachel Reeves unveils a controversial economic strategy focused on deregulation and closer ties with City leaders, sparking debate across Britain.
Shadow Chancellor Rachel Reeves sets out her economic strategy, promising stability and growth while addressing wealth inequality in a pivotal speech at Mansion House.
Average UK house prices dropped by £4,000 in March, marking the first decline since September 2023. Experts warn of continued volatility as mortgage rates and inflation impact the property market.
The US Environmental Protection Agency has found discrepancies in fuel efficiency data for several Toyota and Kia models, potentially leading to significant fines for the automakers.
UK inflation falls to 3.4%, the lowest in over two years, easing cost-of-living pressures but still above the Bank of England's 2% target. What's next for interest rates?
The Bank of England has kept interest rates unchanged at 5.25% for the fifth consecutive meeting, as inflation remains stubbornly high. Experts weigh in on future monetary policy.
Shadow Chancellor Rachel Reeves outlines Labour's ambitious economic strategy to drive growth, create jobs, and stabilise public finances in a major speech.
The Labour Party's proposal to cut financial regulations sparks debate: supporters hail it as a boost for growth, while critics warn it could lead to another crisis.
Global trust in the US dollar is eroding rapidly, with experts warning its reign as the world's reserve currency may soon end. Here's why.
Official figures show UK inflation eased in June, driven by summer discounts on clothing and stable food prices. What does this mean for consumers and the economy?
As inflation remains stubbornly high, the Labour government faces mounting pressure over its economic policies. Experts weigh in on the challenges ahead.
UK inflation unexpectedly climbs to 3.6%, dealing a blow to Chancellor Rachel Reeves and economists who predicted a slowdown. The surprise rise delays hopes for interest rate cuts and sparks fresh economic concerns.
Florida Congresswoman Anna Paulina Luna criticises Federal Reserve Chair Jerome Powell for mishandling inflation, sparking debate on economic policy.
New data reveals Americans are scaling back on summer travel due to financial pressures, with many opting for shorter or cheaper getaways.
Renowned financial expert Alex Brummer highlights the dangers of irresponsible fiscal strategies that may lead to economic instability, echoing past financial crises.
Britain's fiscal watchdog raises alarm as national debt surges, urging immediate action to avert economic disaster. Chancellor Reeves faces mounting pressure to deliver growth.
French politician François Bayrou proposes eliminating public holidays to improve productivity, sparking debate on work-life balance and economic growth.
Liberal Democrat leader Sir Ed Davey accuses the Conservative government of failing businesses amid post-Brexit trade disruptions, as tensions rise over economic policies.
JP Morgan CEO Jamie Dimon has publicly supported Federal Reserve Chair Jerome Powell following criticism from Donald Trump. Discover the implications for the banking sector and global markets.
Australia's foreign policy faces challenges as economic ties with China grow increasingly strained, with potential impacts on trade and regional stability.
Adam Schiff dismantles Donald Trump’s misleading inflation claims, highlighting factual inaccuracies and questioning his credibility amid ties to Jeffrey Epstein.
Shadow Chancellor Rachel Reeves vows to slash bureaucratic hurdles stifling UK innovation, promising a business-friendly overhaul to spur economic growth.