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Economics

  • Trade war: Trump’s tariffs pose ‘age-old question’ for Starmer

    February 3, 2025

    President Trump imposed 25 per cent tariffs on goods imports coming from Mexico and Canada, as well as an extra 10 per cent duty on Chinese goods.

  • Eurozone inflation unexpectedly rises as Trump trade war fears mount

    February 3, 2025

    The headline rate of inflation picked up to 2.5 per cent in January, according to preliminary estimates from Eurostat.

  • UK economy: Inflation worries build as manufacturing cost pressures surge

    February 3, 2025

    S&P's purchasing managers' index (PMI) for the manufacturing index showed that input prices increased at "accelerated rates" last month.

  • UK economy will ‘struggle’ to grow more than one per cent in 2025

    February 3, 2025

    The Big Four firm slashed its 2025 growth projections to 1.0 per cent, down from the 1.5 per cent forecast back in October.

  • Bank of England to cut interest rates as growth fears build

    February 3, 2025

    Rate-setters are likely to signal a cautious approach for the remainder of the year given lingering price pressures in the economy.

  • IoD: Business confidence remains ‘historically depressed’

    February 1, 2025

    The Institute of Director's (IoD) economic confidence index stood at -59, which was up slightly from -61 in December but still at a very weak ebb.

  • Five policies the Chancellor hopes will fire up the economy

    January 31, 2025

    Chancellor Rachel Reeves committed to going "further and faster" on kickstarting economic growth.

  • US economy grows less than expected but households remain resilient

    January 30, 2025

    Figures from the Bureau of Economic Analysis (BEA) showed that the world's largest economy grew at an annualised rate of 2.3 per cent in the final three months of the 2024.

  • ECB cuts interest rates for fifth time after growth underwhelms

    January 30, 2025

    The decision to cut rates by 25 basis points was widely expected by investors, and means the benchmark interest rate stands at 2.75 per cent.

  • Five graphs the Bank of England will assess before interest rate decision

    January 30, 2025

    The Bank of England's first interest rate decision of 2025 will take place next week, and investors widely expect rate-setters to reduce borrowing costs for a third time.

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