Economics

The government’s February inflation report highlights a pre-existing upward trend in essential costs, with consumer prices rising 0.3% in a single month. This data, which puts annual inflation at 2.4%, …

The Office for Budget Responsibility (OBR) has adjusted its UK inflation forecast, suggesting the rate could hit 3% by the end of the year. This adjustment is a direct response …

The Trades Union Congress (TUC) has warned that British workers are facing a “Donald Trump-made cost of living crisis” as the US offensive against Iran continues to destabilize global markets. …

Prime Minister Keir Starmer has issued a stark message to the British public and his political rivals: Labour’s economic strategy is a long-term project that cannot be judged by immediate …

Prime Minister Keir Starmer has pushed back against accusations that Labour broke its election promises, insisting the government “kept to our manifesto” despite implementing £26 billion in tax increases. The …

Chancellor Rachel Reeves has announced a comprehensive budget featuring £26 billion in tax increases, aimed at stabilizing the nation’s finances while promising to reduce living costs for millions of families. …

The United States is preparing to expand tariffs on imported goods, targeting approximately 700 new items that contain steel. The US Commerce Department is reviewing requests from American companies to …

S&P Global Ratings has revised India’s GDP growth forecast for the fiscal year 2025-26 downward to 6.3%, citing rising concerns over the ripple effects of the United States’ shifting tariff …

Ukraine is on the verge of finalizing a pivotal minerals agreement with the United States, signaling a major step in economic and strategic cooperation amid ongoing peace discussions with Russia. …

Starting Friday, U.S. consumers will see price hikes on millions of imported goods as former President Donald Trump’s executive order takes effect, ending the long-standing “de minimis” tariff exemption for …