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The Latest Breaking News from Economy

China’s economy hits 5% growth target but rate among slowest in decades

Latter part of 2024 ‘recovered remarkably’ after stimulus measures, says National Bureau of Statistics

The Guardian - UK

Reeves urges regulators to ease mortgage rules for first time buyers

Chancellor reportedly open to relaxing lending rules in bid to boost growth

The Independent UK

UK politics live: House of Commons bar shuts over drink spiking allegation, Starmer hits back at Musk

Strangers’ Bar will close from Monday while security and safety arrangements are reviewed, a House of Commons spokesperson said

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

World Bank Report: Global Economy Growth Slows

World Bank's report forecasts modest global economic growth with challenges for developing economies. Impacts of COVID-19 and geopolitical events influence...

Top News

Defiant Reeves says she won’t resign and welcomes comparison to Iron Lady Thatcher

Reeves has been under pressure over floundering economy with ongoing questions over her fitness for the job

The Independent UK

'No Money': Gloom On Beijing Streets As Economic Growth Slows

Consumers pinching pennies, businesses seeing fewer customers, and a pervading sense that the economy just isn't bouncing back -- the mood was grim in Beijing as China posted some of its lowest growth in decades.

International Business Times

FTSE 100 share index hits record high; relief for Rachel Reeves as UK borrowing costs fall – as it happened

Rolling coverage of the latest economic and financial news, as Britain’s blue chip share index hits new peak of 8533 points

The Guardian - UK

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Tourism, wool exporters to win from China stimulus lift

China's economy is set to slow as high debt and sluggish productivity weigh on investment and spending, but stimulus measures could boost Australian exporters.

AAP

China’s population falls for third year in a row as birthrate declines

China’s population continues to fall for third straight year due to declining birthrate and amid concerns for economy.

Al Jazeera

Stock market today: Asian shares slip as China says economy hit 5% growth target in '24

Shares are mostly lower in Asia after China reported that its economy grew at a 5% annual pace last year, hitting the government's target but slowing from the year before

The Independent UK

Asian Traders Give Mixed Reaction As China's Economic Growth Slows

Asian markets were mixed Friday as data showing China's economy grew slightly quicker than expected last year failed to inspire investors, with Beijing battling to revive consumption and boost the battered property sector.

International Business Times

China's population falls for a third straight year, posing challenges for its government and economy

China’s population has fallen for the third straight year, pointing to further demographic challenges for the world’s second most populous nation that is now facing both an aging population and an emerging shortage of working age people able to support their elders

The Independent UK

China's economy expands 5% in 2024, reaching target helped by strong exports, stimulus measures

China has reported that its economy expanded at a 5% annual pace in 2024, achieving Beijing’s target of “around 5%” growth helped by strong exports and recent stimulus measures

The Independent UK

China Set To Post Sluggish Growth As Doldrums Deepen

China is set on Friday to post some of its weakest growth in decades, as leaders grapple with economic doldrums and nervously eye a potential trade standoff with incoming US President Donald Trump.

International Business Times

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The Guardian - UK

The Guardian view on Keir Starmer’s economy: no acute crisis, but chronically weak

Editorial: Labour should ask the Bank of England if it can do more to boost growth

Evening Standard

Sadiq Khan says second runway at Gatwick would destroy rationale for Heathrow expansion

The mayor said he understood ‘the importance of aviation to our economy’ while stressing the need to ‘recognise the crisis we face in terms of climate’

The Independent UK

Why the UK economy is stubbornly flatlining

ANALYSIS: Services and construction are growing, says Howard Mustoe. So why is UK plc stagnating?

The Independent UK

World Bank says the global is economy is growing steadily, but not fast enough to help ease poverty

The world economy is growing steadily in the face of global conflict, protectionist trade policies and high interest rates

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Evening Standard

OPINION - An economy making unhappy noises, major own goals... Rachel Reeves needs a vibe shift

A former Health Secretary once told me, with an understandable degree of despair, about the frustrations of being in ultimate charge of the NHS. He had all the policy levers at his disposal in his office, but however many he pushed, or pulled, nothing he did seemed to make any…

Evening Standard

Chancellor urges regulators to ‘tear down’ red tape in bid for growth

It came after fresh data from the Office for National Statistics (ONS) showed that the UK economy grew by a weaker-than-expected 0.1% in November.

International Business Times

China Property Giant Vanke's CEO 'Taken Away' By Police

The head of one of China's biggest property firms has been "taken away" by police, state-backed media reported Thursday, as a prolonged housing slump continues to hit the world's second-largest economy.

The Independent UK

Why are interest rates rising when the Fed has been cutting them?

The yield on the 10-year Treasury has recently soared toward its highest level since 2023, injecting nervousness into the U.S. stock market that's knocked indexes from their records

Top News

The Role Of Tariffs In U.S. Economic Policy

Explore the historical context and current implications of tariffs in the U.S. economy, including their role in revenue generation, industry protection, an...

Fortune

CFOs expect their firms' wages to rise 7.3% in the coming year—Deloitte survey

Finance chiefs are more optimistic about the economy, but are still focused on mitigating risks.

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