The Latest Breaking News on Economy

Capping electricity and gas for six months won’t provide long-term security, schools and hospitality firms fear, as business secretary hints at more support

ONS said central government debt interest payable was £8.2 billion in August 2022, £1.5 billion more than in August 2021

Treasurer says improvement comes in large part from higher than expected commodity prices boosting returns from mineral exports

Governors of Arab central banks and monetary institutions announced that central banks in the region have maintained capital and liquidity adequacy above the minimum limits established in the Basel Agreement, noting that the total debt in the sector exceeded $756 billion. For his part, the Governor of the Saudi Central…

Q1 surge in private consumption not just a function of pent-up demand but also rising employment levels, it says

Businesses may struggle as consumers cut back spending amid high inflation and rising fuel costs, economists warn

Figures show the cost-of-living crisis is biting before small businesses have fully recovered from the pandemic

HMRC said there were a record number of pay-rolled jobs in August

Economists accuse bondholders of standing to make huge profits at the expense of the crisis-hit country