3 h. ago No decisions made on Ayr town centre cycle lane say South Ayrshire Council

The proposals have sparked a backlash with the town's MP warning the cycle lane would risk the town centre's "economic viability."

Politics

4 h. ago IMF chief warns of economic uncertainty and offers this advice: 'Buckle up'

The global economy may be holding up better than expected despite major shocks such as President Donald Trump’s tariffs, but the head of the International Monetary Fund says that resilience may not last

Events

4 h. ago IMF chief warns ‘uncertainty is the new normal’ in global economy

Kristalina Georgieva outlines mounting risks to economic stability before fund’s annual meetings next weekBank of England warns of growing risk that AI bubble could burstGold price tops $4,000 for first time as investors seek safe havenThe head of the International Monetary Fund has issued a stark warning about the mounting risks facing the global economy, saying: “Buckle up: uncertainty is the new normal.”As finance ministers and central bankers prepare to meet in Washington for the IMF’s annual meetings next week, its managing director, Kristalina Georgieva said the world economy had shown surprising resilience in the face of Donald Trump’s trade war. Continue reading...

Events

27 h. ago Record gold surge flashes dire warning for US economy as 2008 crash forecaster weighs in

The record-setting price could help Americans sell their precious goods at a pawn shop. But it's a sign of broader economic fears.

Events

28 h. ago MP warns cycle lane would place Ayr town centre economy at 'serious risk'

Elaine Stewart has made a plea to South Ayrshire Council officials to think again.

Events

67 h. ago Warning that Trump scrapping diversity orders could hurt global economic growth

Mariella Frostrup says Trump’s policies mark a major backwards step

Events

3 d. ago Rachel Reeves 'would wipe £136bn off the economy' if she hikes property tax, experts warn

Treasury officials have been examining plans to impose capital gains tax on main residences and reverse changes the Tories made when they were in power last year.

Economics

5 d. ago Readers' letters: We're all in trouble if the AI bubble bursts

A reader warns of the potential economic chaos ahead

Events

8 d. ago Keeping rates high for too long ‘could pull inflation below target’

The Bank of England’s Sarah Breeden warned that economic output could also be affected.

Economics

8 d. ago Labour warned workers' rights plan will be a 'disaster' for the economy

Labour was last night told its plans to hand workers new rights will be a 'disaster' for the economy.

Events

8 d. ago Rescue deals save half of Claire’s stores – but future uncertain for 145 more and 1,000 staff

RETAIL chain CLAIRE’s has struck a deal to sell 156 of its UK and Ireland stores to investment firm Modella Capital, just weeks after entering administration.  The move offers a lifeline for the accessories brand but there is still uncertainty over 145 other stores and 1,000 staff.  Administrators at Interpath confirmed the sale, with about...

Events

9 d. ago Reeves says she won’t take economic risks, hints at hard choices, and warns Reform will threaten living standards – UK politics live

Chancellor references chaos under Liz Truss but says some people ‘peddle idea we can abandon economic responsibility’In her Today interview Rachel Reeves was asked about a FT report saying she will urge business leaders to highlight the risks of a Reform UK government in her speech later.The FT say Reeves will tell the Labour conference.Who is standing up for Britain’s stability. A Labour government that is resolute in cutting interest rates and borrowing or a Reform party that cheered on Liz Truss’ mini-budget?Who is standing up for Britain’s businesses? A Labour government that is forging a closer relationship with our nearest trading partners or a Reform party that talks Britain down and is hungry to cut us off from the world? Continue reading...

Events

9 d. ago Reeves will struggle to sell growth case to fiscal watchdog, economists warn

Chancellor wants the OBR to give her credit for trade deals and proposed EU mobility scheme

Events

1 week ago Rachel Reeves on a collision course with Britain's economic watchdog as Chancellor 'mulls scrapping a spring forecast'

The Chancellor is said to be considering getting rid of the economic and fiscal outlook published by the Office for Budget Responsibility (OBR) each March.

Economics

1 week ago Tax raids and spending cuts may be  'insufficient' fiscal black hole, economist warns

Measures announced in Chancellor Rachel Reeves' upcoming Autumn Budget are unlikely to be enough to fill the so-called fiscal black hole, St James's Place's chief economist has warned.

Events

1 week ago Tories warn Rachel Reeves is condemning country to an economic 'doom loop'

Robert Jenrick warned the Chancellor would have to put up taxes in November's budget to fund plans for 'crazy spending'.

Events

1 week ago Economy and tax worries holding back small business spending, Barclays warns

Business investment refers to spending on assets like buildings, machinery and intellectual property.

Economics

2 w. ago UK inflation to be highest in G7 this year in huge cost of living blow

OECD predicts UK inflation to reach 3.5% in 2025, 0.4 percentage points higher than its previous forecast

Economics

2 w. ago Global economy more resilient than expected amid Trump tariffs, OECD says

International body warns of slowdown next year, with UK growth expected to lose ground among G7 countriesBusiness live – latest updatesThe global economy has been more resilient than expected in the face of Donald Trump’s tariffs, but is set to slow over the next year, the Organisation for Economic Co-operation and Development (OECD) has warned.The Paris-based club of industrialised countries has upgraded its projection for global GDP this year, to 3.2% – up from the 2.9% it expected in its last forecast in June. Continue reading...

Politics

2 w. ago UK business activity slows to weakest since May as firms cut more jobs

Economists warned that influential survey data means ‘alarm bells should be ringing that the economy is faltering’.

Economics