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The Latest Breaking News from Economic Growth

Despite US trade war, EOCD expects global economy will grow 3.2% this year

The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and U.S. economic growth this year

The Independent UK

Budget crisis engulfs Rachel Reeves as OBR watchdog slams Treasury briefings

The leading economists also predict that interest rates will fall from 4% to 3.5% by the second quarter of 2026

Evening Standard

UK factory sector grows for first time in a year despite budget uncertainty; Airbus shares slide amid A320 problems – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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Blow for Reeves as business confidence at near record low after Budget

Labour chancellor under pressure to do more to improve the prospects for economic growth

The Independent UK

Enhancing EU-Kazakhstan cooperation for a sustainable future

Kazakhstan and the EU share a long-term interest in stable, resilient and predictable supply chains that underpin economic growth and deliver the technologies needed for a cleaner future, Foreign Affairs Minister Yermek Kosherbayev writes in an opinion article for Euronews.

Euronews

What will the budget mean for economic growth? Experts give their view

Since the election last year, the UK government has said economic growth is its top priority, as a way to improve living standards, cut NHS waiting lists and ease pressure on household finances. But with the Office for Budget Responsibility predicting growth this year to be a below-average 1.5%, it…

The Conversation

From mansion tax to cash ISA changes: Key announcements in Reeves’ Budget

The chancellor has unveiled £26bn worth of tax rises in the Commons as she attempts to plug a multi-billion pound gap in Britain’s ailing public finances

The Independent UK

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UK faces higher inflation and record tax burden in bleak new forecast

Leaked forecasts from the Office for Budget Responsibility (OBR) predict higher inflation and unemployment for the UK in 2025 and 2026 than previously expected. The OBR also indicated that economic growth will be weaker from 2026 until the end of the current Labour government, with the tax burden continuing to…

The Independent UK

Inflation and unemployment forecasts hiked as tax burden to hit record – OBR

It came as the UK’s official forecaster also reported that economic growth will be weaker than expected from 2026.

The Independent UK

Ministers approve £750m Marlow Film Studios development after review

Planning permission granted for Buckinghamshire project seen as test of Labour’s drive for economic growth

The Guardian - UK

Business backlash as Reeves confirms minimum wage pay rise hike for millions of workers

The chancellor said the move would mean those on low incomes were ‘properly rewarded’ - but businesses warned the move could drive unemployment and hit economic growth

The Independent UK

Rachel Reeves wants to achieve these five things with her Budget – it won’t be easy

BUDGET 2025: The chancellor took on her role wanting nothing more than economic growth, but her priorities have now dramatically changed, as political editor David Maddox explains

The Independent UK

What’s at stake in the UK Autumn Budget? Here are the points to watch

UK Chancellor Rachel Reeves faces the challenge of raising an estimated £20-30bn, with both her and the government’s credibility on the line.

Euronews

Chancellor warned of crisis before make-or-break Budget

With hours to go until one of the most anticipated Treasury statements in modern history, Rachel Reeves has been given disastrous warning on the economy’s outlook

The Independent UK

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The Conversation

Economic forecasts point to a Democrat win in the 2026 US midterm elections

The resounding victories in recent elections by Democrats Zohran Mamdani in New York, Abigail Spanberger in Virginia and Mikie Sherrill in New Jersey has reinvigorated the party after a dismal year since Donald Trump became president.

MyLifeXP

From Paris to LA: The World’s Leading Luxury Destinations

Some cities around the world are known for their unmatched luxury. These places feel like stepping to a different world with its wealthy crowd and culture. Cities like Milan, Paris or New York are famous for their high end shopping streets, hotels, cars and way of life. The tourists visit…

Evening Standard

More firms looking to trade abroad as UK growth and tax worries grow

Nearly half of businesses, or 47%, are considering international expansion, according to Santander’s latest trade barometer.

Barchart

Elon Musk Warns ‘The Only Way to Get Us Out of the Debt Crisis’ and ‘Prevent America from Going Bankrupt is AI and Robotics’

Elon Musk argues that America’s mounting national debt is unsustainable under current political constraints and asserts that only rapid economic growth driven by AI and robotics can avert fiscal crisis.

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Evening Standard

Chancellor, hospitality can drive economic growth - if you just give us the chance

A great pub supports a local eco-system, provides an unofficial form of social care for those who are alone, and is the beating heart of its community

Evening Standard

TSB earnings spike ahead of Santander takeover

The bank said its financial performance had improved despite consumers remaining cautious amid rising inflation and weakening economic growth.

The Independent UK

UK growth slows down to a crawl in Q3 ahead of crucial budget

Economic growth in the U.K. slowed down to a near standstill in the third quarter of the year

The Independent UK

UK economic growth slows ahead of Budget

IN FULL

Evening Standard

UK economic growth slows ahead of Budget after JLR shutdown

The Office for National Statistics said UK gross domestic product grew by 0.1% between July and September.

The Independent UK

Labour leadership live: Starmer denies No 10 aides to blame for attack on Streeting

Concerns around Labour Party leadership deepens ahead of Rachel Reeves’s upcoming Budget

Evening Standard

Economic growth predicted to have slowed in third quarter

Experts have predicted that the Office for National Statistics will report 0.2% growth over the three months to September.

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