Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How the Iran War will increase costs in every sector of the economy
The disruptions from the U.S. and Israeli attacks on Iran spread quickly to commercial aircraft, shipping lanes and the world 's energy supply. Those repercussions have already hit fuel costs, including for motorists, truckers and fishermen, and…
Trump's Iran war is wreaking economic carnage on the UK, report warns
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. Donald Trump 's Iran war has unleashed…
UK faces weaker economic growth and higher inflation due to Iran war - OECD
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 is set to face significantly weaker economic…
UK gets biggest cut to growth outlook this year among world's major economies
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 is facing the biggest hit to economic growth out…
Australian growth forecasts slashed as global economy faces inflation spike
The world economy is on the brink of a major inflationary spike as soaring fuel prices threaten growth in European and Asian nations, the OECD has warned, and local economists are slashing Australia's growth prospects for this year and the next…
UK facing biggest hit to growth from Iran war out of G20 economies
The UK is facing the biggest hit to growth from the Iran war out of the G20 major economies, according to an influential global policy group. Economic growth in the UK this year is forecast to be 0.7%, the Organisation of Economic Co-operation and…
Middle East conflict will damage UK's economy 'more than any other'
The conflict in the Middle East will damage the UK's economy more than any other industrialised nation, according to analysis by the Organisation for Economic Cooperation and Development (OECD), which warned over rising inflation. In the first…
Macroscope | Iran war: Why a Trump climbdown won't save Asia's economies
For the second year in a row, Asia's vulnerability to global shocks is a source of concern. Almost exactly a year since US President Donald Trump launched his assault on the global trading system, the external dependencies of leading Asian…
Germany's Economy At The Point Of No Return
If anyone still needed a concrete figure to illustrate the dramatic state of the German economy, the Federal Statistical Office has now delivered it. The country's investment ratio is negative, as depreciation exceeds nominal investments. Slowly…
Economic Watch: Multinationals at Boao forum chart new China opportunities
BOAO, Hainan, March 26 (Xinhua) -- In the eyes of multinational executives who gathered for the Boao Forum for Asia (BFA) Annual Conference 2026 this week, the recently adopted outline of China's 15th Five-Year Plan is a meticulously drawn…
OECD Forecasts 4.2% Inflation as War Hits Global Economy - TT
Pro-government supporters chant slogans and wave Iranian flags during a rally, in a square in western Tehran on March 25. (Vahid Salemi/AP) The conflict in the Middle East is reviving the specter of inflation and hobbling the global economy just as…
Does Jim Chalmers have what it takes to address economic crisis? PVO
American political figure Rahm Emanuel's line about never letting a serious crisis go to waste has long been the creed of activist politicians. It's the language of people who believe government exists to do more than just administer events and…
Iran war will spare no major economy, says OECD - but the UK is more vulnerable than others
The U.K. is predicted to be worse hit by the Iran war than its developed market counterparts, the OECD said in its interim economic outlook on Thursday. The OECD made steep revisions to the U.K.'s growth and inflation outlook. The U.K. is…
Economy passengers can soon book 'lay flat beds' on flights and extra pillows
A major airline flying to popular holiday destinations from the UK is introducing economy seats that transform into a 'flat bed'. United Airlines, which flies from the UK to more than 340 destinations worldwide, will launch a new dedicated row of…
UK gets biggest cut to growth outlook this year among world's major economies
The UK is facing the biggest hit to economic growth out of the world's most advanced economies because of a spike in energy prices caused by war in the Middle East, new forecasts show. The Organisation of Economic Cooperation and Development (OECD)…
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