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The Latest Breaking News from Economy

Heathrow closure to cost UK economy up to £4.8m in lost tourism

As well as airlines and passengers, local business and the wider UK economy would be hit by the shutdown

The Independent UK

This Scottish town's economy is set to grow faster than Edinburgh and Glasgow's

STIRLING'S economy is set to outgrow that of Glasgow and other major cities over the next three years.

The National (Scotland)

Trade war risks increased prices, slower growth and jobs impact, minister warns

Paschal Donohoe was speaking following the publication of a report on the potential impact of tariffs.

Evening Standard

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1 Growth Stock to Avoid as Markets Brace for Trump’s Reciprocal Tariffs on ‘Liberation Day’

Trump has vowed to impose reciprocal tariffs on April 2, terming the day as “liberation day” for the U.S. economy.

Barchart

Budget 2025: What time is the Spring Statement – and what will be in it?

There have been several big policy announcements in the run-up to the event, most recently welfare changes to achieve £5 billion in spending cuts by 2029/30

The Independent UK

What happened at the BFC’s Institute of Positive Fashion Forum 2025

The annual event explores how to accelerate a circular fashion economy in the UK

Marie Claire

Troubled UK statistics agency warns of errors in its growth figures

ONS, already working on fixing a survey, uncovers problems with two indices used to measure prices in economy

The Guardian - UK

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German parliament's upper house gives final approval to huge defense and borrowing package

The prospective next German government’s plans to enable higher defense spending by loosening strict debt rules and to set up a huge infrastructure fund that’s aimed at boosting Europe’s biggest economy have cleared their final parliamentary hurdle with approval by the upper house

The Independent UK

Japan's Core Inflation Rate Slows To 3% In Feburary

Japan's core inflation rate decelerated in February, government data showed Friday, with prices excluding fresh food rising 3.0 percent year-on-year in the world's fourth-largest economy.

International Business Times

Lord Sugar: Starmer should ‘get down on bended knee and beg’ to get back into EU

Lord Alan Sugar has urged Keir Starmer to ‘get down on bended knee and beg’ the EU to let Britain rejoin, in order to save the economy.

The Independent UK

Transatlantic Trade at Risk: AmCham Warns of Economic Fallout Amid US-EU Trade War

The U.S. economy is projected to expand by 2.7%, whereas Europe is expected to see a more modest growth rate of 1%.

International Business Times UK

Trump pushes Fed to cut rates

The president urged the Fed to lower rates after the central bank said tariffs make things too uncertain

Salon

The history of ‘common sense’ matters when caring for our common home

In recent years, the idea of “common sense” has again catapulted to prominence in the conservative political landscape.

The Conversation

Amid a grimmer outlook from the Fed, there’s a lone, mysterious holdout predicting stronger economic growth

The Fed’s consensus for GDP growth dropped from 2.1% to 1.7% after its latest round of economic forecasts published Wednesday.

Fortune

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Euronews

BusinessEurope: Why Europe’s economy is on a make-or-break knife-edge

Boosting competitiveness in the face of weak growth and tariff threats is now a matter of urgency, says business chief.

International Business Times

Swiss Cut Rates Again Over Global Economic 'Uncertainty'

Switzerland's central bank cut its key interest rate on Thursday, citing the "high uncertainty" in the global economy triggered by US President Donald Trump's tariff wars.

Evening Standard

Why have interest rates not changed and what has it got to do with US tariffs?

The PA news agency looks at what the decision means and what the Bank of England expects to happen to the economy.

The Independent UK

Trump tells Laura Ingraham Europe has ‘raped and pillaged’ the US

Trump claimed many of the problems with the U.S. economy were caused ‘by our friends’

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news in one place.

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Fortune

Brian Moynihan says consumers are in a ‘classic’ situation of worrying about money but continuing to spend

Brian Moynihan said consumers, once again, are the backbone quietly propping up the American economy.

Barchart

Dollar Gains on Solid US Economic News

The dollar index (DXY00 ) today is up by +0.52%. The dollar is climbing today on concerns that US trade policies will keep inflation elevated and dissuade the Fed from lowering interest rates. The dollar added to its gains on signs of strength in the US economy after weekly jobless...

The Conversation

UK businesses face a big tax hike. So what does it mean for workers and the economy?

Employers in the UK are about to be hit with a hefty tax rise. From April 1 2025, their national insurance contributions are rising to 15% on salaries above £5,000, instead of 13.8% on salaries above £9,100.

The Guardian - UK

How Covid changed the British state

Surge in national debt and NHS backlog altered the economy and expectations around crisis management

The Guardian - UK

Bank of England says companies freezing hiring plans as it keeps interest rates on hold

Rate-setting committee also points to mounting global uncertainty as it pauses its cycle of reductions

Euronews

Swiss National Bank cuts policy rate further as low inflation persists

Swiss National Bank continued to lower interest rates in March, while highlighting that external geopolitical risks could still be a threat to the Swiss economy and exports.

The Guardian - UK

Next UK interest rate cut may not come until August after hawkish Bank of England hold – as it happened

Monetary Policy Committee votes 8-1 to leave UK interest rates unchanged at 4.5%

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