Economy Industry News
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Keir Starmer's economic legacy - in charts
Keir Starmer used his leaving speech to lay out a long list of Labour's achievements in office – but his economic legacy appears mixed, with sluggish UK growth and higher employment costs. The prime minister said his government had turned…
Alan Greenspan obituary: Architect of the modern American economy dies aged 100
Former US Federal Reserve chair Alan Greenspan has died aged 100, his wife has said. NBC News correspondent Andrea Mitchell said in a statement reported by her employer that her husband had died from complications of Parkinson's Disease. Mitchell's…
What would Andy Burnham as Prime Minister do to the UK economy?
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. Sir Keir Starmer's resignation paves the way…
From the archives: Alan Greenspan on systematic fear in the economy
Alan Greenspan, who worked with four presidents during his 18-year tenure as chair of the Federal Reserve, died Monday, June 22, 2026, at age 100. In this Oct. 20, 2013 'Sunday Morning' profile, Greenspan talked with Anthony Mason about what he…
Trump touts 'best economy ever.' What the data shows
President Donald Trump is touting the U.S. economy as the strongest in the nation's history. While some economic indicators support his optimism, a broader look at the data paints a more-complicated picture. In a Truth Social post on Sunday, Trump…
Brexit has hit up to one million jobs and 'scarred economy' 10 years on
Brexit has cost up to one million jobs and “permanently scarred” the economy, it is claimed. A decade on from the bombshell referendum vote to leave the EU, ordinary families are paying the price through an ongoing hit to living…
Paul Chan cautiously optimistic about HK's economic performance in second half
Financial Secretary Paul Chan Mo-po is cautiously optimistic about Hong Kong's economic performance in the second half of the year, noting that the impact of the Middle East situation driving up oil prices is relatively small compared to other…
Brexit was not seismic shock needed for economy - Red Wall must get investment
When the Brexit Referendum was first mooted two Labour MPs, Mike Gapes and my husband, John Mann, were pretty much alone in their scepticism of holding a referendum. Both pointed out that the problem with one-off referendums is that people…
What might Andy Burnham as PM mean for the City and economy?
Sir Keir Starmer's resignation paves the way for a new leader following Andy Burnham's landslide Makerfield by-election win on Friday. Sir Keir said there would be a new prime minister in place before parliament returns in September, and Mr Burnham…
Will a US-Iran deal transform the Iranian economy?
A US-Iran deal could unlock frozen assets, oil exports, and investment, reshaping Iran's economic future. For decades, Iran has been one of the world's most heavily sanctioned countries, cut off from global trade and finance and forced to sell much…
Alan Greenspan dies at 100 after decades shaping America's economy
Alan Greenspan, the influential U.S. Federal Reserve Chair for nearly two decades, passed away on Monday from complications of Parkinson's Disease at the age of 100. During his tenure from 1987 to 2006, Greenspan was revered as the 'Oracle' and…
China's youth unemployment rate edges down in May as economic strains persist
China's youth jobless rate inched down in May but remained at a higher point than last year, as the war in Iran weighed on domestic business confidence and an already soft job market. The jobless rate for the 16-to-24 age group, excluding students…
A tsunami of bankruptcies threatens the global economy
A new wave of corporate insolvency threatens the global economy, as bankruptcies worldwide surged by 12% already in the first quarter of 2026 compared to the corresponding period last year – This emerges from a recent report by credit…
Britain's economic woes fuel discontent with Brexit a decade after historic vote to leave EU
Simon Boyd's firm makes prefabricated steel structures on the south coast of England and ships them to customers as far away as Ghana and Barbados. Mike Hawes represents Britain's carmakers as the head of the Society of Motor Manufacturers and…
Your Kid May Graduate Into an Economy That No Longer Needs Entry-Level Workers
Artificial intelligence is not just another technology issue; it is the next great middle-class issue. It has moved into work, school, medicine, finance, media, transportation, housing, hiring, policing, campaigns, and family life. It is moving…
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