Growth figures give boost to Reeves – but it’s too early to get carried away While better-than-expected data for November offers hope for UK economy, clouds remain on the horizon
UK economy grew by better-than-expected 0.3% in November despite budget uncertainty Jaguar Land Rover’s recovery from cyber-attack appears to have contributed to GDP growth
The crisis whisperer: how Adam Tooze makes sense of our bewildering age The long read: Whether it’s the financial crash, the climate emergency or the breakdown of the international order, historian Adam Tooze has become the go-to guide to the radical new world we’ve entered
UK borrowing costs drop to lowest level in more than a year Greater scope for interest rate cuts and reduced fears about government finances prompt bond yields to fall
Saks Global files for bankruptcy after takeover leads to financial collapse Debt-riddled retail giant’s demise has cast uncertainty over the future of US luxury fashion
Economic conflicts are world’s greatest risk, WEF survey suggests Extreme weather events and biodiversity loss identified as the biggest global threats over a longer timeframe
Trump’s planned limits on US property investing could spur foray into UK housing market Ban on private equity firms buying single-family homes in US raises concerns institutions could deepen housing crisis on Britain
JP Morgan boss says Trump attacks on Federal Reserve could push up inflation Jamie Dimon says pressure on chair Jerome Powell could ultimately increase interest rates
Trump claims victory on US economy despite many Americans’ cost of living concerns In speech, president delivers triumph assessment, claiming US prices are down despite official data showing otherwise
Twelve top central bankers defend Fed’s Jerome Powell over DoJ investigation; oil hits two-month high as Trump threatens Iran’s trading partners – as it happened Central bankers from across the world say they “stand in full solidarity with the Federal Reserve System and its Chair Jerome H. Powell”
US inflation held firm in December amid pressure on Trump over cost of living Consumer price index rose 2.7% in year to December, in line with November, as president feuds with Fed over rate cuts
Quarter of developing countries poorer than in 2019, World Bank finds Global growth ‘downshifted’ since Covid pandemic and sub-Saharan Africa particularly affected, report says
Global central banks offer ‘full solidarity’ to US Fed’s Powell amid Trump threats Ten governors including Bank of England’s Andrew Bailey and ECB’s Christine Lagarde say independence is critical
Jerome Powell: steely Fed chair standing firm in face of Trump’s threats Highly respected figure has cast off restrained approach in defending central bank from escalating attacks
UK retailers endure ‘drab December’ as non-food sales fall flat Sales of clothes and computers fall, but discount supermarkets Aldi and Lidl enjoy bumper trading