Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Critics Slam Carney's Plan to Jumpstart Canada's Economy via Military Industry
Honest, paywall-free news is rare. Please support our boldly independent journalism with a donation of any size. Canadian Prime Minister Mark Carney stunned the world with a dazzling speech at Davos in January. He warned that the old order was…
UK economic growth forecast cut for this year
The UK economy is now predicted to grow at a slower rate this year than previously expected, the government's official forecaster has said, but subsequent years have been upgraded. The Office for Budget Responsibility (OBR), which maps out how the…
China's economic ambitions hit limits to growth as its national congress prepares to meet
BEIJING (AP) — China's progress in building a modern economy, evident in its kung-fu fighting robots and self-parking cars, is hitting limits as a downturn in its housing industry drags on, small businesses suffer and young people struggle…
Helen Chandler-Wilde: The Unknowable Economic Future
This article is for subscribers only. At lunchtime today we got the spring statement from the chancellor. After previous politically messy fiscal events, this time Rachel Reeves kept it simple with no major policy changes, while increasing her…
Six Charts That Explain China's Weakening Economy
China's breakneck economic growth – which lifted incomes at home and reshaped markets abroad – once seemed as inevitable as a law of nature. That presumption is now being tested as the country's government prepares to lower its…
AI's productivity is finally hitting the real economy
A new report from the St. Louis Fed shows that economic output is trending higher, even though employee head-count has barely moved. A few years ago, you might have blamed pent-up demand or a lucky sales run. In late 2025, the more honest…
Reeves makes Spring Statement vow to families as Iran crisis threatens economy
Rachel Reeves said she had the right plan to help ordinary folk in an 'more uncertain' world as war in the Middle East cast a cloud over her Spring Statement. The Chancellor pledged to protect families from economic shocks in a pared-back speech…
Peru's economy on sustained recovery: official
LIMA, March 3 (Xinhua) -- Peru has consolidated a sustained economic recovery in recent years by strengthening confidence and promoting projects that provide real opportunities, President of the Council of Ministers Denisse Miralles said Tuesday.
'A viable alternative': UN rapporteur outlines plan for redistributive global economy
The global economy must be reordered to ensure it serves ordinary people around the world rather than the “frivolous and destructive demands of the ultra-rich”, according to a leading UN figure. Olivier De Schutter, the UN special…
Unemployment to jump to 5.3% as UK economy faces slower growth, says OBR
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. UK unemployment is to worsen further to about 5.3% while…
The US-Iran war is ramping up fears of a worst-case scenario for the economy
Stagflation has re-entered the chat. After spooking investors last year amid tariff turmoil, the dire combo of high inflation and weak economic growth is again rearing its head, with the Iran war as the latest driver. Stagflation is often…
Reeves insists she has right plan despite economic growth forecast cut
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 faces weaker economic growth and higher…
UK economy could face 'very significant' impact from Iran conflict - OBR
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The UK economy could face a “very…
Unemployment to jump to 5.3% as UK economy faces slower growth, says OBR
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. UK unemployment is to worsen further to about…
Oil is the lifeblood of the economy - and the key to the stock market during the Iran war
Black gold, Texas tea, dino juice, or whatever you want to call it, oil is the lifeblood of the global economy. Whether it's the ability to wage war, build data centers, or manufacture everyday goods, the primary input is energy. And there's no…
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