Latest Economy News
Shadow Banking Crisis Echoes 2008 Crash, Warns Bank of England Governor
Andrew Bailey, the Governor of the Bank of England, has warned that…
Borrowing Costs Fall to One-Year Low as Inflation Surprise Cheers Markets
The UK's borrowing costs have dropped to their lowest level this year,…
Trump-Carney Trade Feud Deepens as Canada-US Tensions Escalate
Donald Trump has refused to meet with Canadian Prime Minister Mark Carney,…
Chancellor Blames Brexit for Pushing Up UK Inflation
Chancellor Rachel Reeves blamed Brexit for the UK's high inflation as she…
Reeve Set to Raise Taxes at Fastest Pace in Decades
Chancellor Rachel Reeve is poised to raise taxes at the fastest rate…
Sting Faces Bitter Royalty Battle with Former Police Bandmates
In a high-stakes legal dispute, iconic musician Sting finds himself pitted against…
Regulator Probes AI Tool Used by Government
In a significant development, the UK's media regulator Ofcom has launched an…
Green Home Upgrades Take Center Stage in UK’s Warm Homes Plan
As the UK government grapples with the challenge of improving energy efficiency…
Surging US LNG Dominates EU Energy Landscape, Raising Risks
The United States has tightened its grip on the European Union's energy…
Millionaires and Billionaires Call for Wealth Tax to Curb Political Influence
In a bold move, nearly 400 millionaires and billionaires from 24 countries…