Stock market investors are bracing for panic selling in New York and London before what is expected to be the first rate rise by the US Federal Reserve since 2006.
Wall Street watchers are calling it the most seminal moment for the global economy since the collapse of Lehman Brothers unleashed a savage financial and economic crisis in 2008.
The more one sees of George Osborne – and this is not a chancellor who keeps himself to himself – the more he appears to be a practitioner of the false economy.
The managing director of the International Monetary Fund has said she wants Britain to stay in the EU, warning that a looming Brexit referendum posed a risk to the UK economy.
The Bank of England (BoE) left interest rates and its asset purchase target unchanged on Thursday, as an improving economy continues to add to speculation that a rate hike could be around the corner..
The world’s leading oil producers are preparing for the possibility of oil prices halving to $20 a barrel after a second day of financial market turmoil saw a fresh slide in crude, the lowest iron ore prices in a decade, and losses on global stock markets.
Britain’s economic recovery remains too reliant on debt-fuelled consumer spending, a leading UK business organisation has warned, as it downgraded its growth forecasts in the face of a manufacturing slowdown.
The number of UK visa applications by wealthy foreigners has collapsed after the government doubled the required investment threshold from £1m to £2m late last year.
Revised Japanese government data showed gross domestic product rose at a 1% annualized rate, up from a preliminary reading of a 0.8% contraction.
Oil prices have slumped by 5% after the latest attempt by Saudi Arabia to kill off the threat from the US shale industry sent crude to its lowest level since the depths of the global recession almost seven years ago.
Fears that a Brexit vote would trigger widespread job losses failed to materialise last month, with the number of people claiming jobseeker’s allowance unexpectedly falling.
London could bear the brunt of a post-Brexit vote downturn, according to economic indicators in the weeks since the EU referendum pointing to job cuts, falling house prices and a decline in business activity in the capital.
Unlocking London’s night-time economy will deliver a £4bn boost to the capital and create an extra 70,000 jobs, a new report has found.