The UK economy has defied gloomy expectations. Can this continue?

Last year the economy grew just 0.1 per cent, well short of its potential growth rate ... It also means that household savings exceed debt for the first time on record. “UK household balance sheets ... Read More

Fact Check: FTSE 100 fluctuations on July 5 not evidence Britain’s Labour crashed economy

An image showing the fluctuations of London's FTSE 100 stock index over a day is not evidence Britain’s new government crashed the economy, contrary to online claims. Read More

UK economy returns to growth in May as shoppers hit high streets

The UK economy returned to growth in May as more shoppers hit the high street, official statistics show. The Office for National Statistics (ONS) said gross domestic product (GDP) increased by 0.4 ... Read More

How the UK’s new government is promising to kickstart the economy – and what it still doesn’t have an answer for

Labour’s first king’s speech for many years was designed to ‘get the country moving again’ - does it have the right ingredients to achieve this? Read More

Is Britain’s economy finally moving?

Britain’s productivity record since the financial crisis has been feeble. Parts of the last government’s agenda, especially around Brexit, contributed to the sense of stagnation. The public finances ... Read More

UK's new Labour government sets out plans to 'take the brakes off' the economy

Britain’s new Labour Party government says it will calm the country’s febrile politics and ease its cost-of-living crisis ... Read More

Wall Street hits records as a slowing economy boosts hopes for lower rates

New York — Wall Street’s record-breaking rally kept going Wednesday after weak reports on the U.S. economy kept the ... are struggling to keep up with still-high inflation, “the glass ... Read More

US Economy News Today: Durable Goods Orders Higher in May, But Show Signs of Slowing Economy

He's also worked at The Balance, U.S. 1, Community News ... s high interest rates have discouraged borrowing and spending, as intended, to subdue high inflation. The economy is still growing ... Read More

What's next for Turkey-UAE ties as economic cooperation hits record high?

“We expect another record for 2023.” Referring to the 2023 Comprehensive Economic Partnership Agreement between the two countries, he said, “We can do better. There are still some bottlenecks in ... Read More

Tourism earnings hit record Sh352bn on higher arrivals

Earnings from tourism hit a record high of Sh352.54 billion ... shows that 2.08 million tourists visited the country last year up from 1.54 million in 2022. Last year’s momentum is, however ... Read More