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Economics

  • True state of the public finances continues to divide opinion

    September 3, 2024

    The true state of Labour’s fiscal inheritance continues to divide opinion. Over the first few weeks in office, the new government has been painting a very gloomy picture of the state of the public finances. The doom-mongering reached new heights last week after Sir Keir Starmer argued the state of the public finances were “worse [...]

  • UK manufacturing activity reaches highest level in 26 months

    September 2, 2024

    Activity in the UK’s manufacturing sector grew at its fastest pace for more than two years last month, a closely-watched survey has suggested, in another positive sign for the economy.

  • Pound set to continue surge against dollar as interest rate cuts slow

    September 2, 2024

    The pound is set to be one of the world's top-performing major currencies this year, according to Bank of America, amid expectations of “above trend growth” in the UK economy and slower interest rate cuts,

  • US jobs data takes centre stage as markets bet on Fed rate cut

    September 1, 2024

    US jobs data will take the spotlight for global financial markets this week as investors look for clues on how far the Federal Reserve might go in cutting interest rates.

  • UK business confidence steady at almost nine-year high in August

    August 30, 2024

    UK business confidence remained at an almost nine-year high in August, a closely-watched survey has suggested, in a positive sign for the country's economic prospects.

  • Households face ‘bleak’ outlook unless Starmer kickstarts growth

    August 29, 2024

    The improvement in living standards will also be heavily weighted towards the start of the parliament.

  • Average Northerner to be £210,000 less wealthy as Labour urged to reform taxes amid fears of autumn raid grow

    August 29, 2024

    New analysis from the Institute for Public Policy Research (IPPR) showed that the UK's tax regime is "driving regional inequalities" by taxing wealth and income at different levels.

  • Oasis: UK economy set for ‘supersonic’ boost with reunion tour including Wembley gigs

    August 27, 2024

    Statisticians can look forward to endless queries about Oasis' impact on the economy after the mercurial Mancunians announced a long-awaited reunion tour.

  • Contraction confirmed for German economy with no recovery in sight

    August 27, 2024

    The growth slowdown was led by a sharp fall in investment, which fell by more than 2.0 per cent in the quarter.

  • Interest rates are coming down – but how low will they go?

    August 27, 2024

    There will be multiple debates over the next few months about how fast and how far interest rates should be cut. But how low will they go? Chris Dorrell asks

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