Result Page 22 for Latest Economy News & Archive

Economic 'Qatarstrophe' looms as Saudi Arabia and other Gulf nations sever ties with Doha

Decision by several Saudi-led Middle Eastern nations to sever ties with Qatar would have far reaching implications from flights to football.

World Bank sees 'fragile recovery' for global economy

The global economy is expected to grow by 2.7% in 2017 and 2.9% for the subsequent year

UK service sector growth slows to three-month low amid rising political jitters

Markit PMI falls from 55.8 to 53.8 last month, falling short of expectations for a 55 reading.

Houston: Sprawling energy capital of the world that no longer sweats over 'crude' stuff

In 2017, America's fastest-growing metropolitan area is way more than just an oil and gas hub.

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Ethnic minority employees in the UK are more likely to be employed in 'insecure' work

A TUC report reveals that 1 in 8 black workers are engaged in insecure work.

UK housing market in rude health as construction sector grows at fastest pace since 2015

Construction PMI surges to from 53.1 in April to 56 in May as housebuilding output rise at fastest rate since 2015.

Majority of British shoppers prefer to physically see valuable products before buying them, Barclays report says

Fashion drags down UK high street sales in May

Sales were 1.3% lower compared to a year earlier, with fashion sales down 3.6%.

Billionaire George Soros warns that Brexit talks could last five years

The Hungarian-born philanthropist added that the EU had plunged into an 'existential crisis'.

FX Focus: Pound sees flat trading on conflicting political opinion polls

A week before UK polling day, pollsters' findings are not in alignment on the gap between Conservatives and Labour.

British factory output slips from three-year high but maintains 'momentum'

A weak pound and growing export orders boost UK manufacturing.

Barclays reveals massive £2.2bn Africa unit stake sale

The move, which is part of a strategic review, would see the bank sell most of its stake in Barclays Africa Group.

UK house prices slump for third straight month

House prices fell a seasonally-adjusted 0.2% in May compared to the previous month.

Pepper the Personal Robot Unveiled in Japan

Purpose of an 'enterprise ecosystem': Shared values and networks businesses ought to have with key stakeholders

In the digital age, the road ahead should be all about building an ecosystem of services that can help consumers and enterprises alike.

Mortgage approvals fall to seven-month low as slowdown hits housing market

Bank of England report shows net mortgage approvals decline to below 65,000 and fall short of estimates.

British holidaymakers unable to access money abroad as banks block their cards

uSwitch survey finds 60% of people who had their card blocked had informed their banks of their travel plans.

UK consumer confidence for August rises by five points to -7

UK consumer confidence unexpectedly rises in May

GfK consumer confidence index climbs to -5 from -7 in April.

Fraud and election manifesto pledges – are they one and the same?

It is worth asking how big a problem is fraud and why UK political parties should focus on it in their manifestos.

Betting exchanges surge in popularity as Britons take a punt on election forecasts

Bookmakers expect a combined £30m to be placed on the British general election

World's biggest economies sitting on a 'pension time bomb'? WEF says funding gap will surpass global GDP

The World Economic Forum warns pension savings gap of 8 major economies could reach a total of $400tn by 2050.

George Soros: The billionaire who broke the Bank of England still bets big and shoots from the hip

Soros has called US President Donald Trump an 'impostor and a con man and a would-be dictator'.

Labour and Conservatives rebuked for dishonest general election manifestos

Institute for Fiscal Studies' assessment comes just two weeks before the general election on 8 June.

UK consumer spending sees strongest rate of increase in six months, Visa says

British services sector weighed down by pressure from record high growth in costs

A CBI survey revealed that quarterly costs per person in consumer services rose by the fastest pace since 2008.

Facebook billionaire Mark Zuckerberg calls for universal basic income

The Silicon Valley boss said these payments could boost personal potential and build economic growth.

UK consumer confidence at lowest level since Brexit vote

YouGov/CEBR consumer confidence index falls to 107.9 in May from 108.1 in April.

Oil futures hammered as Opec and non-Opec producers' predictable output cut extension triggers selloff

Russian and Saudi oil ministers broker deal between 24 producers to extend their ongoing output cuts.

UK gamblers rack up record losses as crackdown on industry looms

Government review into gambling industry expected to be published after the election

UK economy slows down as households rein in spending

First quarter GDP revised down to 0.2% as consumer facing industries suffer slowdown.

UK car production hits the brakes after strikes and late Easter prompts 18% fall in April

A strike by BMW workers at three factories over pensions hurt output last month.

Record high growth in household debt puts UK economy in the 'danger zone'

The TUC report has warned that unsecured debt per household will rise to £13,900 this year, surpassing pre-crisis levels.

Jim Ratcliffe's Ineos continues North Sea expansion with Dong Energy asset buyout

Ineos is buying yet another North Sea oil and gas business to continue its operational expansion in the region.

UK household debt to hit a record £15,000 as wages stagnate

Families are increasingly turning to credit cards and payday loans to pay bills, says TUC.

Moody's downgrades China's credit rating as country's debt mounts

The credit rating agency expects China's economic growth will decrease to 5% over the next five years.

Swinging 50s: Barclays and Aviva among firms pledging to hire more older workers

Government aims to raise the number of over-50s in work by 12% over the next five years.

Retail sales fall away after bumper Easter trading

Average selling prices on the high street rose at their fastest pace in six years, says CBI report.

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