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      Scotland’s tax hike may have backfired as receipt falls

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Economy

  • China’s consumer inflation steady, factory prices dip in May

    June 12, 2024

    China's consumer inflation remained stable in May, while the decline in producer prices showed signs of easing.

  • China’s Caixin PMI shows most rapid services sector growth in 10 months

    June 5, 2024

    China's services sector experienced a notable surge in May, marking its most rapid growth in 10 months.

  • China’s factory activity unexpectedly shrinks in May, puts economic recovery at risk

    May 31, 2024

    China's manufacturing activity unexpectedly contracted in May, adding pressure on policymakers in the world's second-largest economy.

  • National service will damage the economy

    May 30, 2024

    Forcing every 18-year-old into unpaid national service will harm our already decimated hospitality, retail and leisure sectors

  • IMF raises China growth forecast to five per cent, in line with government targets

    May 29, 2024

    The International Monetary Fund (IMF) revised China's economic growth forecast upwards to 5%.

  • Economic performance under Labour and Conservative governments: a reckoning

    May 29, 2024

    Voter apathy over the upcoming election is rational – history suggests the economic outcome will be broadly the same regardless of whether Labour or the Conservatives form the next government, says Paul Ormerod The election campaign has kicked off and already the air is thick with promises and counter-promises. Despite all the efforts of politicians [...]

  • Reform AI adoption or it could ‘widen corporate inequalities’, IoD warns

    May 24, 2024

    The adoption of generative AI could "widen corporate inequalities, with sectors prone to market consolidation seeing the most significant shifts."

  • China’s April economic data disappoint: recovery in domestic demand hits a snag

    May 17, 2024

    China faced a bit of a setback on the economic front in April, disappointing market expectations.

  • Joseph Stiglitz: ‘Freedom for the wolves means death for the lambs’

    May 9, 2024

    "You see the incoherent use of the word freedom all over the place," he told City A.M over a half-eaten fry-up in Whitehall.

  • Why the Bank of England won’t cut rates – even if it wants to

    May 8, 2024

    The Bank of England desperately wants to cut interest rates, but the caution of the Federal Reserve might mean they aren't able to.

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