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The Latest Breaking News on Economy

Reserve Bank governor denies inflation is ‘taking off’ amid fears of fresh rate hikes

End of government subsidies drives electricity costs up by 19% in the month and leaves power bills nearly a third higher than they were a year earlier

The Guardian - AU

I’m a health volunteer in Kenya – the impacts of the UK decision to cut aid are only growing

COMMENT: A year after the government announced a 40 per cent reduction in international development aid, Kristine Yakhama writes about the impact of the decision on the ground in Kenya’s Kakamega County

The Independent UK

Young bearing the brunt of UK tax and wage changes, says BoE economist

Huw Pill warns combined effect of national insurance and minimum wage rises have ‘acute’ effect on youth employment

The Guardian - UK

From analysis to the latest developments in health,
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Rachel Reeves slammed for 'taking eye off ball' as UK economy grows by just 0.1%

Budget ‘mess’ blamed for dampening economic activity at the end of the year

Evening Standard

UK GDP: Chancellor Rachel Reeves predicts ‘stronger growth this year’ after UK economy ends 2025 ‘in the slow lane’ – business live

Rolling coverage of the UK’s new GDP report, showing growth of just 0.1% in October-December and 1.3% across 2025 UK economy limps along at 0.1% growth – but there are reasons for optimism in 2026

The Guardian - UK

Job Growth Sizzled to Start the Year. Here's Why It's Unlikely to Impact Interest Rates

The January jobs report came in much stronger than expected and the unemployment rate ticked lower to start 2026, easing worries about a slowing labor market.

Kiplinger

US added 130,000 jobs in January, surpassing expectations as 2025 growth is slashed

Unemployment rate was 4.3% in January with gains 13,000 less than the 143,000 jobs added a year ago, report shows

The Guardian - US

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Credibility device, indirect redistribution: The political economy of the budget is clear

In 2026, the Indian economy entered the budget cycle at an unusual crossroads, even if that’s a cliché in economic analysis. Growth remains among the fastest in major economies, yet private investment is still uneven. Global conditions are volatile: wars in Europe and West Asia continue to disrupt energy and…

Newslaundry

Number of employed people in UK falls again as wage growth slows

Shops, restaurants and hotels particularly hit by slowdown in hiring, as unemployment remains at 5.1%

The Guardian - UK

Hiring was likely modest in December to end a year of weak job growth

Hiring likely remained subdued last month as many companies have sought to avoid expanding their workforces, though the job gains may be enough to bring down the unemployment rate

The Independent UK

French lawmakers pass special budget to keep government running until January

The French parliament on Tuesday passed last-minute legislation to keep the government in business into January after the divided legislature failed to agree a full budget for the coming year. The Senate gave its green light in a late-night vote after MPs in the lower house cleared the bill earlier…

Radio France Internationale

US economy grew strongly in third quarter, GDP report says

GDP rose at an annualized rate of 4.3% over the third quarter, far higher than expected

The Guardian - US

UK economy entering 2026 amid sharp private sector downturn, says CBI

Business lobby survey finds firms ‘put brakes on key spending decisions’ before autumn budget

The Guardian - UK

Bold company tax proposal still friendless after revamp

An alternative corporate tax proposal could have greater economic benefits if a requirement to be budget-neutral was removed, the Productivity Commission says.

AAP

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International Business Times UK

US Unemployment Jumps to 4.6% — Worst Surprise in Months

US unemployment unexpectedly rises to 4.6%, the highest in four years, as job growth slows and labour market pressures intensify in the latest US jobs report.

Kiplinger

The Delayed November Jobs Report Is Out. Here's What It Means for the Fed and Rate Cuts

The November jobs report came in higher than expected, although it still shows plenty of signs of weakness in the labor market.

The Guardian - US

US lost 105,000 jobs in October and added 64,000 in November, according to delayed data

Data shows the headline unemployment rate continued to climb and hit 4.6%, a four-year high, last month

Benzinga

Bond Vigilantes Ignore $38 Trillion U.S. Debt — And Target Japan Instead

For years, analysts have warned that rising deficits would eventually provoke a bond-market backlash. Yet the revolt, seen as a feature in the 1980s and 1990s, has failed to materialize in any substantial form.

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The Guardian - UK

The Guardian view on OBR v the Treasury: ministers have embraced the theatre of errors

Editorial: The government is trapped between Labour’s instincts and bond traders’ demands. Sensible fixes exist, but require imagination ministers have yet shown

The Guardian - UK

UK factory sector grows for first time in a year despite budget uncertainty; Airbus shares slide amid A320 problems – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

There are those on the left and right who offer only grievance: Labour is getting on with the job of economic renewal

Judge last week’s budget in the light of our bold plans to sweep away red tape, tackle inactivity among young people and pursue a closer trading relationship with the EU, says prime minister Keir Starmer

AAP

Slight rise tipped for September GDP figures

Economic growth and household spending data will be released to form the final picture for the Reserve Bank before its last meeting for 2025.

Evening Standard

Budget ‘papers over cracks’, say economists as UK growth forecasts downgraded

The Office for Budget Responsibility also pointed to a worsening short-term picture for inflation and unemployment.

Benzinga

US Commerce Department Pushes Q3 GDP Estimate To Just Before Christmas, Stirring Political Jabs

The U.S. Department of Commerce has delayed the release of the initial third-quarter gross domestic product (GDP) estimate to just before Christmas, as federal agencies race to clear a backlog of critical economic reports created by the recent government shutdown.

The Independent UK

Reeves must prove she has a rock-solid plan to free us from this ‘growth crisis’

THE INDEPENDENT VIEW: Editorial: The chancellor’s second Budget has been overshadowed by bleak forecasts, but while the OBR’s downgrade exposes the fragility of Labour’s economic promises and the limits of government spin, she must still deliver

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