New Zealand's economy has officially entered a recession, with GDP contracting 0.1% in the last quarter of 2023. High interest rates and inflation are blamed for the downturn, marking a challenging start for the new coalition government.
The UK economy showed zero growth in April, dashing hopes of a sustained recovery and piling pressure on the government and Bank of England ahead of crucial summer decisions.
The UK and India have finalised a groundbreaking trade agreement, overcoming years of scepticism and political hurdles to strengthen economic ties.
Shadow Chancellor Rachel Reeves criticises the government's borrowing strategy, warning of dire economic consequences as inflation continues to rise.
Shadow Chancellor Rachel Reeves questions the reliability of ONS inflation figures, sparking a debate on economic transparency.
Shadow Chancellor Rachel Reeves demands answers after DWP admits sending incorrect tax codes to 210,000 pensioners, leaving many with unexpected bills.
Chancellor Rachel Reeves outlines new borrowing strategies in the upcoming Autumn Budget to tackle economic pressures, signalling a shift in fiscal policy.
The Labour Party unveils plans for a new 'super tax' on the wealthy, aiming to generate billions for public services. Critics warn of economic repercussions, while supporters hail it as a step towards fairness.
Chancellor Rachel Reeves calls on the Office for Budget Responsibility to review Retail Price Index calculations, sparking debate over inflation metrics and fiscal policy.
UK public sector borrowing hits £16bn in June, double last year's figure, sparking concerns over potential tax increases under Chancellor Rachel Reeves.
Chancellor Rachel Reeves announces a challenging budget with tax hikes and spending cuts to tackle the UK's rising borrowing costs. What does this mean for households and businesses?
Latest updates on UK mortgage rates, pension impacts, and FTSE 100 fluctuations. How economic shifts are affecting homeowners and investors.
The Bank of England has raised concerns over increasing ATM withdrawal fees as inflation pressures mount, leaving consumers facing higher costs for accessing cash.
Japan's Nikkei index soared to unprecedented levels, leading a surge across Asian markets, fueled by positive economic signals and corporate earnings.
Reserve Bank of Australia Governor Michele Bullock warns of prolonged high interest rates, spelling trouble for millions with mortgages. Experts predict financial pain ahead.
Government officials are debating the removal of the tourist tax to attract more international visitors and stimulate economic growth after Brexit.
The US Federal Reserve has unveiled ambitious renovation plans for its headquarters, sparking debate over costs and necessity in a challenging economic climate.
Donald Trump's economic policies show unexpected strength, defying earlier warnings as key indicators rise.
As the UK government considers raising the state pension age, experts warn of unintended consequences for workers and the economy. Is this reform fair—or flawed?
Chancellor Rachel Reeves' proposed deregulation of the financial sector may spark short-term growth but risks long-term instability, warn experts. Critics fear a return to pre-2008 recklessness.
Julia Hoggett, CEO of the London Stock Exchange, announces her departure after seven transformative years. Discover the impact of her leadership and what lies ahead for the LSE.
Shadow Chancellor Rachel Reeves accuses major supermarkets of price gouging as Labour pledges to tackle cost-of-living crisis in upcoming budget.
Europe's reliance on austerity measures is undermining social cohesion. A new approach is needed to rebuild trust and economic stability.
A recent survey shows Italians are sharply split on key national issues, from immigration to economic policies, as political tensions escalate.
A silent revolution is underway as women increasingly occupy top economist positions, reshaping the financial landscape with their expertise.
Residents of a once-thriving British town express frustration as boarded-up shops and drug problems spiral, accusing Labour of neglecting their community.
Shadow Chancellor Rachel Reeves commits to freezing fuel duty if Labour wins the next election, offering relief to motorists amid rising costs.
A beloved Michigan hardware store has closed its doors, highlighting the struggles small businesses face in today's economy. Read the full story.
Reform UK warns that Labour’s ambitious Net Zero plans may lead to massive job losses, but experts question the validity of these claims. Here’s what you need to know.
Former US President Donald Trump's controversial proposal to oust Federal Reserve Chair Jerome Powell has ignited fierce opposition from Senate Republicans, raising concerns about economic stability.