Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
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…
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…
The 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 the North…
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…
UK economy grows faster than first thought amid service sector boost
Britain's economic growth was stronger than first thought in the second quarter of the year, according to official figures. The Office for National Statistics (ONS) said UK gross domestic product (GDP) increased by 0.5% between April and June in a…
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…
Brookings confirms what basic economics predicted about Biden's open border
The Brookings Institution released a study last week confirming something that anyone with a semester of economics could have told you four years ago: When a government floods a housing-constrained country with millions of additional people in a…
Boost to Chancellor John Healey as UK economy grows faster than expected
Britain's economy grew faster than expected earlier this year as a hot weather and World Cup boost offset the impact of the Iran war. Figures from the Office for National Statistics showed gross domestic product - the value of everything the…
Why diesel prices are an economic time bomb
Everyone knows how much gasoline prices matter. The recent spike in gas prices triggered by the war with Iran has fueled deep pessimism about the economy and weighed heavily on President Donald Trump's approval ratings. But diesel fuel — the…
Republicans say they learned from Biden mistakes as they sell Trump's economy
But Biden's message that the economy was strong, which still haunts some Democrats, are proving a valuable lesson for swing-seat Republicans. Although inflation is not as high as it was under Biden after the COVID-19 pandemic, prices continue to…
Receive a Daily briefing on Economy Industry News
Get Started