Britain's Conservative government launched plans Wednesday to stimulate growth and woo voters for the next general election, delivering a massive tax-cut sweetener for workers but also forecasting sharply lower growth and stubbornly high inflation.

The Business Confidence Survey reveals that hospitality leaders in Britain are becoming increasingly optimistic despite the challenge of Brexit business rates and inflation.

The company's stock saw a sharp decline of six per cent, marking it as the top faller on the FTSE 100. The underlying issue, as Kingfisher explained, stemmed from ongoing weaknesses in their French market.

Global stock markets gave up some recent gains Tuesday following mixed results from retailers as Wall Street digested Federal Reserve minutes that suggested interest rates could stay high for a while.

The UK government is changing the unsustainable UK welfare system with a new policy change that will reduce benefits for disabled and mentally ill people and make them work from home.

Due to the dramatic increase in prices across the UK, retail sale volumes are the lowest that they have ever been since 2021.

Wall Street stocks extended a heady run Monday, with tech shares leading the advance as US Treasury yields retreated and artificial intelligence stayed a hot commodity.

Britain's Conservative government this week unveils a budget update that could determine its chances of re-election -- or the size of its defeat -- with promises to reinvigorate the economy as the party lags badly in the polls.

The strikes are scheduled to take place between Saturday, December 2, and Friday, December 8, with an overtime refusal period spanning from Friday, December 1, to Saturday, December 9.

UK housing rental prices spiked by a record rate with London hit particularly hard, official data showed Wednesday, stoking a cost-of-living crisis as inflation remains elevated despite a sharp slowdown.

The European Commission on Wednesday lowered its eurozone growth forecast for 2023 and 2024, saying the high cost of living and interest rates were weighing on consumers and businesses.

UK inflation hit the lowest level in two years last month after consumer prices fell sharper than expected on easing energy bills, official data showed Wednesday, relieving a cost-of-living crisis and pressure on embattled Prime Minister Rishi Sunak.

In September, inflation stood at 6.7 per cent, as many people across the UK continue to struggle with the cost-of-living crisis.

US consumer inflation cooled more than expected last month, according to government data published Tuesday, providing welcome news for policymakers looking to control price increases without damaging the economy.

With the cost of household gas and electricity remaining notably elevated, the cost of living crisis continues to plague Britons.

Massa may have won the first round by a healthy 6% to the surprise of pollsters, but much of the remaining conservative base.

Wall Street stocks finished mixed on Monday while European markets recovered from heavy selling last week, as traders awaited key US inflation data amid concerns over the prospect of another interest rate hike next month.

Bill Gates believes anyone who is online will be able to have an AI-powered personal assistant in the near future.

US stock markets declined Thursday after Federal Reserve Chair Jerome Powell indicated interest rates may be hiked again, if needed, while European indexes finished the day with solid gains.

This optimistic forecast comes from George Weston, the CEO of Associated British Foods (ABF), a conglomerate that oversees brands like Kingsmill Bread, Twinings Tea and Silver Spoon Sugar, along with the Primark budget clothing chain.

M&S has also declared its intention to distribute nearly £20 million to its shareholders in January, marking its first dividend payment since 2019.

Savills, a fancy estate agency, says that the worst might be over, and house prices are expected to stop falling by next summer.

This noteworthy reduction in grocery price inflation comes after a prolonged period of 16 months where double-digit growth had become the norm.

Wall Street stocks pushed higher on Tuesday on continued hopes of an end to global interest-rate hikes but Europe and Asia were weighed down by concerns about weak growth.

UK retail sales growth declined in October as UK consumers are cautious of spending and saving for Christmas amidst the cost-of-living crisis which has sparked a recession for the UK economy.

A rally in stock markets on hopes that interest rates have peaked lost some ground Monday, as traders focused on concerns over weak economic data and conflict in the Middle East.

Nine members of the Monetary Policy Committee (MPC) voted 6-3 in favour of maintaining the current rate, in a move that was widely anticipated.

Stock markets and oil prices jumped while the dollar slid Thursday after the Federal Reserve hinted it was at an end of its rate-tightening cycle as inflation retreats.

Wall Street stocks rallied while the dollar pulled back against the yen as the Federal Reserve kept interest rates steady, opting against hiking for the second straight time.

Global stocks were mixed Tuesday following uneven economic data while the yen tumbled against the dollar ahead of a Federal Reserve decision.