Oil prices have reached their highest level in a year amid hopes in financial markets that the Opec cartel will make a deal to curb crude production stick.
Two long-term trends make me worry about the Italian economy, regardless of the outcome of the referendum this weekend. First, the so-called Italian Death Cross, and second the prospect of three decades of lost growth (yes three, this isn’t a typo).
Theresa May’s adviser on the future of work says the boom in the gig economy could have a significant impact on government finances, with self-employed workers and contractors paying more than £2,000 less a year on average in tax than employees doing equivalent jobs.
Mario Draghi, the president of the European Central Bank (ECB), has urged the British government to disclose more information about its plans to leave the EU.
Growth in the global economy could accelerate to 3.4 percent in 2017 but the outlook is clouded by political risks, Morgan Stanley has warned.
A forecast £60bn hit to the UK's finances would still represent a good deal for Brexit, according to former British Chambers of Commerce boss John Longworth.
Leaving the single market would be damaging to almost every sector of the British economy from manufacturing and energy to retail and financial services, according to a new report commissioned by an alliance of Tory, Labour and Liberal Democrat politicians trying to stop a hard Brexit.
The strain of sluggish consumer spending and rising wages hit profits and dented the optimism of the UK’s services sector in November, according to the Confederation of British Industry.
British businesses continued to invest and consumers carried on spending in the months following the Brexit vote, defying predictions that a wave of uncertainty would hit economic activity.
Lord Wolfson’s default setting is caution.
Fears of an early rise in US interest rates were eased on Friday by weaker than expected jobs data, helping to pull global markets out of the tailspin they had endured in another volatile week of trading.
Industrial production fell sharply and unexpectedly in October, dealing a blow to hopes that the UK economy will end 2016 on a high.
Britain’s services sector grew at the fastest pace for 17 months in December, according to a survey that has raised hopes for a strong end to 2016 for the economy.
The US stock market showed signs of nervousness Thursday as three major indexes took a simultaneous dive, with little or no prompting from any noticeable bad news.
Conditions may be ripe for a December interest rate hike in the U.S., but the global economy is still uncertain, fragile and fragmented, EY's global chairman and CEO Mark Weinberger told CNBC.
The timing could hardly be better.
The conventional wisdom about the state of the world economy goes something like this: since the start of the 2007-2008 financial crisis, the developed world has struggled to recover, with only the United States able to adjust.
Donald Trump mined deep discontent running through America and struck gold.
Uncertainty over the outlook for the UK economy after the Brexit vote in June has sent the pound plummeting to levels not seen since the 1980s.
Predicting the future is hard. Predicting what US President-elect Donald Trump will do is potentially harder.
A majority of managers in the UK believe Brexit-related uncertainty will hold back economic growth next year and almost half think leaving the UK will be a drag in the long term, according to a survey.