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July 19, 2025

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Economics

Top 10 hedge funds made £1.5bn profit from Ukraine war food price spike

Analysis covering first quarter of last year raises questions over role of speculators in inflating food pricesRussia-Ukraine war – latest news updatesHedge funds have emerged as some of the biggest winners from the global food price spike that followe…

April 14, 2023
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Fragmented world’s rival blocs may risk new cold war, says IMF head

Warning from Kristalina Georgieva after G7 explores economic resilience, secure global supply chains and less reliance on ChinaFragmentation of the global economy into rival trading blocs runs the risk of prompting a new cold war, the head of the Inter…

April 13, 2023
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Economic hit from public sector strikes worth it to tame UK inflation, says Hunt

Chancellor’s remarks come despite industrial action being major factor in zero GDP growth in FebruaryThe government is willing to accept short-term damage to the economy from public sector strikes rather than give in to pay demands and risk a longer-te…

April 13, 2023
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UK is worst performer in G7 for workforce participation since Covid

Number of working-age adults in work or job hunting is still lower than before pandemic, OECD figures showBritain has emerged as the worst-performing country in the G7 for workforce participation since the Covid pandemic, after an exodus of half a mill…

April 13, 2023
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UK economy flatlined in February amid impact of strikes

Wave of public sector strikes and weak industrial output take toll, official figures showBusiness live – latest updatesBritain’s economy recorded growth of 0.0% in February as a wave of public sector strikes weighed on activity, offsetting a recovery i…

April 13, 2023
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World Bank staff were told to give special treatment to son of Trump official

Exclusive: Leaked recording raises concerns over governance at development bank, at which David Malpass is now presidentWorld Bank staff were apparently told to give preferential treatment to the son of a high-ranking Trump administration official afte…

April 12, 2023
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Andrew Bailey plays down bank crisis, paving way for more interest rate rises

Speculation of further 0.25-point increase in rates after speech by Bank of England governor to IMFLive business newsThe governor of the Bank of England, Andrew Bailey, has played down the risks of a system-wide banking crisis, paving the way for furth…

April 12, 2023
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IMF expects Australia’s economy to slow amid ‘perilous’ international pressures

International Monetary Fund forecast echoes predictions from Treasury and RBA and warns ‘ominous forces’ may be behind global economic strainsFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app …

April 12, 2023
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Twin threats of rising rates and deglobalisation leave IMF spooked

Fund is more cautious about world economic outlook after turmoil at Silicon Valley Bank and Credit SuisseUK economy on track to shrink this year, says IMFThe collapse of Silicon Valley Bank in the US and the bailout of Credit Suisse in Switzerland have…

April 11, 2023
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UK economy expected to shrink this year, says IMF

IMF says euro area and UK – one of only two G7 countries forecast to contract in 2023 – especially hit by energy costs and inflation Twin threats of rising rates and deglobalisation leave IMF spookedThe UK economy is expected to shrink this year and wi…

April 11, 2023
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