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July 26, 2025

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Economics

UK manufacturers cut hiring plans amid ‘sharp slowdown’, survey finds

Firms preparing for difficult year as ‘potent cocktail’ of difficulties takes hold, says industry lobby groupUK manufacturers are cutting their recruitment plans after being hit by a slowdown in orders as a downturn looms, a new survey shows.Britain’s …

September 18, 2023
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Liz Truss: economic consensus since 1997 to blame for UK woes – not me

Former prime minister to make remarks in speech on Monday almost a year since mini-budget that led to her downfallLiz Truss will blame the UK’s economic problems on “25 years of economic consensus” as she doubles down on the policy proposals that helpe…

September 18, 2023
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Key ‘Bidenomics’ architect calls for spending ‘race to the top’ on green tech

Biden adviser Heather Boushey urges UK and Europe to increase climate friendly investment to reboot growthGovernments around the world must drastically increase public investment in green technologies to combat global heating and drive sustainable eco…

September 17, 2023
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Are you listening to us, Rishi Sunak? How the Tories can boost their image with under-40s

Younger people in Britain are out of love with the Conservatives. Here are five key areas where the party needs to improve• Read more: senior Tories warn Sunak on young peopleWith the Tories suffering from a serious lack of support among the under-40s,…

September 17, 2023
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Number of firms in England and Wales going bust in August rises by a fifth

Insolvency Service reports 19% rise from August 2022’s figures as firms fight high interest rates and falling salesBusiness live – latest updatesThe number of companies going bust jumped by almost a fifth in August compared with a year earlier as the t…

September 15, 2023
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US economy going strong under Biden – Americans don’t believe it

Despite a strong economy, an exclusive Guardian poll shows mistrust in media and government means disbelief in both partiesAmericans do not trust the government’s economic news – or the media’s reporting of it – according to a Harris poll conducted exc…

September 15, 2023
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Sluggish eurozone economies will not welcome ECB’s interest rate rise

Weak consumer spending as, people – especially in Germany, the EU’s largest economy – put more into savingsECB raises interest rates to highest level since euro launchedInterest rates went up again across the eurozone on Thursday – probably for the las…

September 14, 2023
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ECB raises interest rates to highest level since euro launched

Central bank’s president hints this may be the peak for rates in drive to bring down stubborn inflationThe European Central Bank has raised interest rates to the highest level since the launch of the euro to tackle stubbornly high inflation, despite fe…

September 14, 2023
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UK chip designer Arm valued at $51 a share ahead of Wall Street IPO

British tech firm valued at $52.3bn before highly anticipated flotation on Nasdaq by private owner SoftBankThe British chip designer Arm has secured a $52.3bn (£41.9bn) valuation in its initial public offering (IPO), before its highly anticipated retur…

September 14, 2023
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Lidl in Britain makes £76m loss amid battles to keep a lid on rising prices

German-owned discount chain reports 18% sales rise and extra market share but inflation cost it £100m to keep prices lowDiscount supermarket chain Lidl has revealed its British arm swung to an annual loss after battling to keep a lid on prices as its c…

September 14, 2023
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