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Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says

Twin reports from top accounting firms underline scale of economic threat as Iran war shatters business confidence

Millions of Australians will get a $1,000 instant tax deduction under a new law – here’s how it will work

Draft legislation for treasurer Jim Chalmers’ new instant tax deduction policy lands just over a year after Labor proposed the change in the run-up to the 2025 election

Ed Miliband to double down on net zero with measures to combat Iran energy shock

As fossil fuel prices soar ‘the era of clean energy security must come of age’, energy secretary will say

ABF poised to reveal result of Primark and food business demerger plan

Retail analysts say breaking up food and fashion group would make sense in challenging business environment

Bank bosses called to meeting with Reeves over impact of Iran war on UK economy

HSBC, Barclays, Lloyds, NatWest and Santander will this week discuss with chancellor how to limit effects of conflict

Falling fertility, debt and AI: is the US headed toward a population crisis?

Americans having fewer kids plus an ageing population could be a recipe for disaster that further erodes social stability

Labour’s ‘crabwise’ approach to closer EU ties must address damage of Brexit

The damage to the economy dwarfs the upsides from the various non-EU trade deals the UK has struck since 2016

‘I don’t want to waste the gas’: Uber and Lyft drivers reeling as fuel prices soar

Drivers face dilemma of driving more or cutting back – and support from ride-share giants decried as ‘slap in the face’

Reeves rightly fears the bond market, but she can afford to ditch one unhelpful rule

The chancellor has wisely vowed to drive down the annual deficit, but long-term defence investment must not be delayed

Traders placed over $1bn in perfectly timed bets on the Iran war. What is going on?

Suspicious wagers on the US-Israel war in Iran are creating huge windfalls and raising concerns among lawmakers

‘It’s a twilight zone’: Iran war casts deep shadows over IMF gathering in Washington

Rachel Reeves joins global finance chiefs in highlighting how households and businesses are feeling the pain of higher energy prices

Oil tumbles 10% and stock markets rally as Iran declares strait of Hormuz ‘completely open’ – as it happened

Rolling coverage of the latest economic and financial news, as Brent crude tumbles below $90 a barrel

Cuts to overseas aid will worsen shocks to global economy, David Miliband says

Exclusive: Former UK foreign secretary says poor and rich countries alike will be hit amid humanitarian crisis sparked by Iran war

Ukraine war briefing: €90bn EU loan for Ukraine to be released in second quarter

EU economy commissioner says Iran war is feeding Russia’s war machine; Trump condemns massive strikes on Ukraine. What we know on day 1,514

Senate Democrats move to stall Trump’s ‘absurd’ bid to install new Fed chair

Democratic lawmakers urged Republican leaders to postpone the confirmation hearing of Kevin Warsh

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← Older posts
Newer posts →
  • Court rules Coles misled shoppers with its ‘Down Down’ discount campaign
  • Housing market in England and Wales weakening due to Iran war, say estate agents
  • Australian workers have been hard done by and tax reforms in the budget only begin to return some fairness
  • US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell
  • Milka maker milked shoppers over size of chocolate bars, German court rules
  • Nigel Farage faces inquiry over £5m gift from crypto billionaire
  • The key questions for Nigel Farage over £5m gift from crypto-billionaire
  • Trump mega-donors pause Wisconsin development project, citing economic uncertainty
  • The king’s speech: what is the government’s legislative agenda for the next 12 months?
  • Doris Fisher obituary
  • Global oil inventories falling at record pace amid Iran war; US producer price inflation hits four-year high – as it happened
  • ‘Build it and they will come’: the hopes new life for former lido will revive Weston-super-Mare
  • ‘I don’t think about Americans’ financial situation,’ says Trump amid Iran talks
  • Nissan ponders building cars for Chinese rivals at Sunderland plant
  • Lab testing group Intertek to back £10.6bn takeover by Swedish firm EQT
  • UK housebuilder Vistry warns of ‘significantly’ lower profits amid Iran war uncertainty
  • Nvidia’s Jensen Huang joins other US bosses on Trump trip to China
  • How new owner became all powerful in ‘high stakes’ attempt to revive former WH Smith chain
  • Three-quarters of UK millionaires would be happy to pay more tax, research finds
  • JP Morgan could scrap £3bn London HQ if Starmer is replaced by PM ‘hostile to banks’
  • Investor jitters over Starmer uncertainty drive UK borrowing costs to 28-year high
  • GameStop hits the limits of credibility with $55.5bn eBay bid
  • UK long-term borrowing costs dip from 28-year high after Starmer allies back PM – as it happened
  • BBC staff fear meagre pay rise after bosses forgo own increase
  • US inflation jumped to 3.8% in April as war with Iran continues to drive up prices
  • Pity the poor billionaires – demands for higher taxes must feel hurtful
  • GameStop’s $55.5bn bid for eBay rejected as ‘neither credible nor attractive’
  • Lotus boss calls for UK government support as it commits to Norfolk plant
  • The budget in seven graphs: no big surprises but this may be one of the most ambitious moves to fix Australia’s finances
  • Fortescue ordered to pay Yindjibarndi traditional owners $150m in record native title payout

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