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Jump of £37bn in budget deficit by 2040 would force government to increase taxes, NIESR predictsThe UK economy would be 3.6% smaller by 2040 if net migration fell to zero, forcing the government to raise taxes to combat a much bigger budget deficit, a …
January 2026 report to be rescheduled after BLS has already been faced with major delays from last year’s shutdownThe US’s closely watched jobs report will once again be delayed, the Bureau of Labor Statistics (BLS) announced on Monday, amid a governme…
Auditor calls renewable energy targets ‘unrealistic’ unless ‘EU ups its game’ in mining, refining and recycling of metals such as rare earthsThe EU is struggling to free itself from dependence on China and countries in the global south for critical min…
Greater optimism in PMI survey, adding to signs Bank of England will keep interest rates on hold this weekBusiness news – latest updatesBritish manufacturers enjoyed one of their best months since Labour came to power in January, according to a closely…
Trump’s pick of ‘respected central banker’ Kevin Warsh as Fed chair prompts investors to sell safe haven assetsBusiness news – live updatesGold and silver prices seesawed on Monday, after a “meltdown” in the metals market deepened and rattled investors…
America’s economic system has never been fair or perfect but for more than a century it rested on basic guardrails that kept instability in check and allowed us to fight for progress and win. Those guardrails are now being stripped away by policies th…
Trump’s wounding of the US economy offers Beijing an unparalleled opportunity – if it dials back its overbearing trade tacticsWhen the Canadian prime minister, Mark Carney, took to the podium at the World Economic Forum in Davos last week to lament how…
Pick of former Fed governor to replace Jerome Powell comes as White House seeks to tighten grip on central bankDonald Trump has announced Kevin Warsh as his nomination for the next chair of the Federal Reserve, selecting a candidate who has been an out…
Choice of former Fed governor to succeed Jerome Powell comes amid attack on central bank’s independence• Business live – latest updatesDonald Trump is expected to nominate the former Federal Reserve governor Kevin Warsh as its next chair amid an extrao…
US president warns against closer ties with China during British PM’s trip to secure lower tariffs and better market accessDonald Trump has warned the UK against doing business with China, just hours after Keir Starmer lauded the economic relationship …