Economy Industry News
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Key economic data in the countdown to the Budget
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Thursday's better-than-expected GDP figures are the first…
The Execution Gap Is Costing Companies More Than The Economy
Robert Logemann is the CEO of Lift Solutions Holdings, a national crane, crane service and rigging solutions platform. What happens when one of the world's largest coffee chains doesn't stock its stores with enough milk, cup lids and pastries ?
UK economy unexpectedly grows 0.1% in August
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The UK economy reported surprise growth in August on the…
Bad news for Trump ahead of the midterms: it's still the economy, stupid
It's indisputable that the political polarization of our time has reduced (and confused) the influence of economic conditions on US elections. In September of 2024, in the waning weeks of the Joe Biden presidency, 65% of Republicans believed the US…
Key economic data in the countdown to the Budget
Thursday's better-than-expected GDP figures are the first in a sequence of data over the next two weeks that will highlight the state of the economy before the Budget. Here the Press Association runs through the key announcements in the run-up to…
UK economy sees surprise growth in August ahead of Healey's first Budget
Archie Mitchell Business reporter The UK's economy recorded surprise growth in August despite the impact of rising energy prices and borrowing costs. Official figures showed the economy expanded by 0.1% in the month, defying analysts' expectations…
UK economy grew unexpectedly by 0.1% in August
The UK economy returned surprise growth in August, beating economists' forecasts of a contraction for the month. Gross domestic product (GDP) rose by 0.1 per cent in August, according to the Office for National Statistics. Strong factory production…
Travis Perkins reveals sales drop amid 'persisting' economic uncertainty
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Building materials provider Travis Perkins has revealed…
The global economy is muddling through against the odds. But a storm is coming | Larry Elliott
Not much has gone right for the global economy this year, and plenty has gone wrong. Two big regional wars are destabilising prices and supply chains everywhere. Businesses and consumers are feeling the effects of a serious energy shock. Rising…
Bank of England deputy 'surprised how well' economy absorbed energy price shock
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The Bank of England's deputy governor has said she was…
IMF says African economies performing well despite shocks from the Iran war
African economies have managed to weather fairly well the energy crisis brought on by the Iran war, but a decline in aid has left the continent vulnerable to future shocks, the head of the International Monetary Fund's Africa department said…
Poland looks to economic heights in a country transformed since Soviet days
Above the rain-soaked streets of Warsaw, the observation deck of the Varso tower overlooks Joseph Stalin's gift to Poland that has divided opinion for decades. For some, the Soviet-era Palace of Culture and Science is a drunk confectioner's…
White House economic chief reveals why Americans aren't feeling optimistic about economy
Americans are still spending, but frustration over inflation and borrowing costs is clouding how they feel about the economy, a disconnect the White House says it is trying to understand. White House National Economic Council Director Kevin Hassett…
Banks Are Part of 'Jewel' in UK Economic Crown, Healey Says
Chancellor of the Exchequer John Healey said banks are a part of the “jewel” in the UK's economic crown, amid fears from city bosses he is set to hike taxes on the industry at his upcoming budget. “They're a big contributor to…
UK economy's 'remarkable' growth in pre-Budget boost to Chancellor John Healey
The UK economy defied experts by growing in August - in another pre- Budget boost for Chancellor John Healey. Figures from the Office for National Statistics reported that gross domestic product - the value of everything the country churns out -…
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