The Latest Breaking News on Economy

Business confidence has risen, but consumer confidence is still deteriorating and economists warn it could be a sign of things to come.

With a national catastrophe looming, the Tory leadership candidates have adopted a muscular ‘anti-welfare’ stance, says Guardian columnist Frances Ryan

Downing Street said it will be for the next Prime Minister to decide if any extra help should be given this winter as energy bills rocket to more than £3,200 a year

Rolling live coverage of business, economics and financial markets as analysts weigh risk of recessions across the world

Scottish Labour leader Anas Sarwar hits out at the Westminster and Scottish governments over the handling of the current crisis.

Meanwhile £700m of support funds in business rates relief remains unpaid by local councils

With global inflation rising and the fear of fuel and food crises looming large, clouds are gathering on the economic horizon of South Asian countries. Sri Lanka in particular remains mired in a crisis driven by a mix of high indebtedness, soaring inflation and poor economic management.

The Labour leader must paint deep red lines between Labour and the Tories as both Liz Truss and Rishi Sunak appear unwilling to stand up for victims of the cost of living crisis, argues Kevin Maguire

San Francisco Fed President Mary Daly suggested a 50 basis-point rate increase isn’t locked in at the U.S. central bank’s next policy meeting, saying the Federal Reserve is “far from done yet” in bringing down inflation.