Economy Industry News
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Takaichi to focus on economic growth and better future in policy speech
Prime Minister Sanae Takaichi is set to highlight in her upcoming policy speech before parliament her resolve to make all-out efforts to promote economic growth and create a society where people can have hope for the future, according a draft…
UK economy grows faster than first thought amid service sector boost
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. Britain's economic growth was stronger than first thought…
Brit Awards boosted Manchester economy by £5m, study finds
The Brit Awards' move to Manchester for the 2026 ceremony generated £5 million for the city and its surrounding area, research has found. The annual awards ceremony, widely regarded as the UK's biggest night in music, was hosted in city for…
The ugly economics of consumer AI
After this week, you could argue that consumer AI is making a comeback. Meta's personal AI assistant, Muse, and its plush-like mascot Jolly, has been a surprise hit. OpenAI's Dots, released just yesterday, appears to be chasing the same cartoony…
What is GDP and how fast is the UK economy growing?
The UK economy has been growing more quickly than other countries in the G7 so far this year, with overall growth for 2026 now expected to be in the region of 1% to 1.2%. Economic growth matters because it affects things like pay increases for…
UK income growth revised upwards as markets hail 'resilient' economy
UK household income grew at a stronger pace than previously estimated during the first six months of the year, according to revisions of official data. The rise in income per head to 1.1% between January and June followed an increase in the level…
Opinion | The U.S. Economy Is Accelerating
You'd be forgiven for thinking the U.S. is slouching toward recession based on the gloomy headlines. But cheer up—the Commerce Department on Wednesday made an unusually large upward revision in its economic growth estimate for the first half…
A look at France's public debt as economy takes center stage in French election
France's public debt has climbed to a record during the two terms of President Emmanuel Macron, unsettling investors and emerging as a defining issue ahead of next year's presidential election. With France already gripped by deep social tensions…
Rightwing economic myths could derail Burnham's project - to destroy them, look to Keynes | Larry Elliott
Andy Burnham does a nice line in nostalgia. His first party conference speech as prime minister was full of fond memories for the Britain of the 1950s and 1960s, when working-class families could sense their lives steadily getting better. The…
Good Economic News May Not Be Enough to Save the GOP in Midterms
This is Washington Edition, the newsletter about money, power and politics in the nation's capital. Today, real economy reporter Mark Niquette looks at what the latest economic reports mean for the midterms. Sign up here. Email our editors.
El Niño adds to US economic strain ahead of midterms
One of the strongest El Niños on record is further complicating the economic picture in the U.S. in 2026—potentially exacerbating existing pressures Americans are facing only weeks out from the midterm elections. Worldwide…
Map shows which state economies are growing and shrinking ahead of midterms
The Bureau of Economic Analysis (BEA) released its quarterly estimates for state-level gross domestic product growth for the second quarter on Wednesday, revealing that New York's economy grew by 4 percent at an annual rate and the fastest of any…
Exclusive: Putin's Economy Chief Warns of 'Disintegration' of World Trade
A member of Russian President Vladimir Putin 's cabinet has appealed to the White House to help save an international trade order that the senior official warns is at risk of collapse. The message comes as ministers from the world's top economies…
US economy grew a solid 2.2% in the 2nd quarter, government says, upgrading previous estimate
A Coherent manufacturing facility in Sherman, Texas, on Tuesday, June 16. WASHINGTON — The U.S. economy grew at a solid 2.2% pace from April through June as consumer spending and business investment came in strong. Growth in gross domestic…
AI Makes the Musical Case for AI Dominance of the Economy
I came across this today and was pretty amazed by it. It's a five-minute long musical number about the likelihood that AI will quickly dominate and transform the economy called 'AI is a normal technology?' The whole thing was written and produced…
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