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July 19, 2025

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Economics

Macron arrives in China hoping to talk Xi into changing stance on Ukraine

French leader sees Beijing as possible ‘gamechanger’ and will also discuss European trade on three-day visitEmmanuel Macron has arrived in China for a three-day state visit during which he hopes to dissuade Xi Jinping from supporting Russia’s invasion …

April 5, 2023
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Financial turmoil will be felt for years, says JP Morgan boss

Jamie Dimon says downfalls of Silicon Valley Bank and Credit Suisse have undermined confidenceThe financial turmoil that led to the downfall of Silicon Valley Bank in the US and Credit Suisse in Europe is not yet over and its effects will be felt for y…

April 4, 2023
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How Nigel Lawson turned postwar economic consensus on its head

Former chancellor fundamentally changed the UK economy during his six-year stint at the Treasury, and not much has changed since thenNigel Lawson: former Conservative chancellor dies, aged 91Enoch Powell famously said all political careers end in failu…

April 4, 2023
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Liz Truss pension episode flags risk of further financial crises, says IMF

Report calls for tighter regulation of non-banks as comfortable decade of low interest rates comes to an endThe near collapse of Britain’s pension funds during Liz Truss’s brief premiership highlights the risk that higher global interest rates will tri…

April 4, 2023
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Bank of England ‘may need to cut interest rates earlier and faster’

MPC member Silvana Tenreyro expects such a move ‘to avoid significant inflation undershoot’The Bank of England may need to cut interest rates earlier and faster as the impact from previous increases drags down the economy and pulls back inflation, one …

April 4, 2023
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Pacific trade deal ‘will make mockery of UK’s climate ambitions’

CPTPP membership will result in more deforestation and endanger animal welfare, say campaignersThe UK’s membership of a Pacific trade agreement will result in more deforestation overseas, endanger animal welfare and “make a mockery” of the government’s…

April 3, 2023
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Deadline to sell off UK government’s NatWest shares extended to 2025

Recent banking turmoil fuels decision to delay offloading portions of its remaining 41% stakeA plan to whittle down the government’s stake in NatWest has been extended by another two years, after weeks of banking turmoil that hit the lender’s shares an…

April 3, 2023
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Half of all UK consumers have cut non-essential spending

KPMG study shows scale of household spending cutbacks, with eating out hit particularly hardMore than half of UK consumers have cut back on discretional spending since the start of the year, with nearly two-thirds choosing to reduce the amount they spe…

April 3, 2023
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Pacific trade deal is more useful to Joe Biden than it is to the UK’s economy

Hailed by Tory MPs as a Brexit benefit, CPTPP membership actually turns the UK into a willing pawn in Washington’s geopolitical gameTory MPs hailed the UK’s entry last week into the Indo-Pacific trading bloc as a major step on the road to re-establishi…

April 1, 2023
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Eurozone inflation falls sharply as energy prices drop

Annual rate down to 6.9% this month, with signs of cost of living pressures easingThe eurozone’s annual inflation rate fell sharply in March as plunging energy prices eased pressure on the cost of living across the 20 countries that use the single curr…

March 31, 2023
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