Economy

The British pound is increasingly being viewed as a potential safe-haven currency, according to Goldman Sachs, highlighting a notable shift in global economic sentiment. The bank’s assessment suggests that investors are beginning to regard sterling...

UK consumer price inflation held steady at 2.8 per cent in May 2026, defying expectations of an increase and signalling that price pressures may be more contained than anticipated ahead of the forthcoming Bank of England (BoE) policy meeting. Slower...

In May 2026 the United States Consumer Price Index increased 4.2 per cent year‑on‑year, marking the fastest annual rise since April 2023 and highlighting persistent inflationary pressures across the economy. On a monthly basis, consumer prices grew...

Greater Manchester’s economic transformation has become one of the most closely watched examples of regional growth in the UK, but new analysis suggests its success also highlights the broader challenges facing the national economy. As policymakers...

Spain’s tourism sector is heading towards another record year, reinforcing its role as one of the main engines of the country’s economy. International visitor numbers have continued to rise as travellers shift away from parts of the Middle East and...

The US economy continued to generate strong employment growth in May, with job creation exceeding expectations and unemployment remaining stable. The latest labour market data points to continued economic expansion and suggests that business...

A proposed US tariff regime targeting imports from 60 economies has raised concerns about its potential impact on global economic growth, trade flows and inflation. The measures, announced following a Section 301 investigation into alleged failures...

Germany’s Federal Employment Agency is facing a projected deficit of more than €8 billion in 2026, a development that highlights growing economic pressures in Europe’s largest economy. The revised estimate, presented to the parliamentary budget...

China’s manufacturing sector lost momentum in May, raising fresh concerns about the strength of the country’s economic recovery as weak domestic demand and softer external conditions continue to weigh on industrial activity. The latest factory data...

The Bank of England has signalled a greater willingness to prioritise economic growth and stability over strict inflation control as the UK economy faces mounting challenges from weak demand, sluggish investment and heightened geopolitical...

China has allowed a key policy lending rate to fall to a record low as authorities increase efforts to stabilise economic growth amid weak domestic demand, slowing industrial activity and continued pressure within the property sector. The move...

The US dollar weakened against major global currencies as investors responded positively to signs of progress in negotiations linked to the reopening of the Strait of Hormuz. The shift in sentiment reduced demand for traditional safe-haven assets...

London is facing mounting pressure on its economic competitiveness as weaker growth, declining investment momentum and intensifying international competition challenge its position as one of the world’s leading financial centres. The issue is...

China is reinforcing its position as a central economic power as President Xi Jinping prepares to host Russian President Vladimir Putin shortly after meeting US President Donald Trump in Beijing. The diplomatic sequence highlights Beijing’s attempt...

China’s economy lost further momentum in April as weaker retail sales, slowing industrial output and declining investment reinforced concerns over the country’s fragile growth outlook. The latest economic data highlights mounting pressure on...

US President Donald Trump concluded his visit to Beijing after high-level talks with Chinese President Xi Jinping highlighted continuing tensions over Taiwan, trade and technology despite efforts from both sides to project diplomatic stability. The...

British Gas is facing a £112 million compensation settlement after regulators concluded the company failed vulnerable customers through the forced installation of prepayment meters during Britain’s energy crisis. The agreement, announced by Ofgem,...

US President Donald Trump and Chinese President Xi Jinping are considering tariff reductions and a new managed trade framework as both countries attempt to stabilise economic relations amid growing pressure on global markets. Discussions ahead of...

US President Donald Trump and Chinese President Xi Jinping are preparing for a high-stakes summit in Beijing as rising geopolitical tensions place the global economy under increasing pressure. The meeting comes at a critical moment, with concerns...

The US government has opened a nationwide refund programme allowing businesses to reclaim billions of dollars in tariffs imposed during Donald Trump’s presidency, following legal and regulatory challenges surrounding the trade measures. The...