9 h. ago Japan revises economic data to show bigger contraction in July

Japan’s economy has contracted at an annual pace of 2.3% in the July-September period, as exports suffered from the impact of U.S. President Donald Trump’s tariffs and public investments slipped

Economics

4 d. ago Researchers slightly lower study's estimate of drop in global income due to climate change

Researchers who examined climate change’s potential effect on the global economy say data errors led them to slightly overstate an expected drop in income over the next 25 years

Politics

1 week ago Grim retail sales data fuels concerns about health of US economy

Consumer confidence drops to second-lowest level since pandemic as inflation lingers

Economics

2 w. ago Key economic data and trends that will shape Rachel Reeves’ Budget

Government borrowing for the current financial year is the highest on record outside the Covid-19 pandemic.

Economics

2 w. ago US economy added more jobs than forecast in September, after shock losses in August – business live

US non-farm payrolls rose by 119,000 in September, but new data also shows economy shed jobs in AugustThe Chinese ministry of commerce has said the dispute over the supply of chips from Nexperia, the Dutch-based Chinese-owed company, is still not fully resolved.“There is still a gap to completely solve the problem,” the Chinese ministry of commerce (MOFCOM) said on Thursday.“Minister Karremans justified his actions by accusing Nexperia’s CEO of various acts of alleged mismanagement. Wingtech strongly rejects these accusations and points out that, to date, no proof has been provided,”The minimum is no additional cost for business. Every time costs go up, you’re making the case against investing in the UK.In the UK cost of energy is too high versus almost anywhere in the world. Continue reading...

Economics

3 w. ago Future data centers are driving up forecasts for energy demand. States want proof they'll get built

Utilities are producing eye-popping forecasts about the amount of electricity they'll need to power massive new data centers that are feeding the fast-growing AI economy

Politics

3 w. ago White House admits key economic data may never be released and blames the shutdown

Press Secretary Karoline Leavitt warns October CPI and jobs reports might not be published

Economics

3 w. ago UK exports to US hit lowest level since January 2022 as tariffs bite – business live

New economic data shows fall in UK exports to the US, as Britain’s economy shrinks in SeptemberChancellor Rachel Reeves is harking back to the happier days of stronger growth in the first two quarters of this year.Responding to this morning’s GDP figures, Reeves says:“We had the fastest-growing economy in the G7 in the first half of the year, but there’s more to do to build an economy that works for working people.At my Budget later this month, I will take the fair decisions to build a strong economy that helps us to continue to cut waiting lists, cut the national debt and cut the cost of living.” Continue reading...

Economics

3 w. ago Autumn Budget: Timeline of key economic data before November 26

Key datasets are due to be published in the run up to Rachel Reeves’s statement.

Economics