The chancellor’s plans to reduce the deficit are unlikely to get back on track this year, an internal briefing document for ministers has revealed.
The British economy’s post-Brexit vote bounce is losing momentum as the weak pound and higher inflation herald a squeeze in living standards, according to a Guardian analysis.
Her interest in running a "high-pressure economy" threatens to add to an increasingly divisive climate at the U.S. central bank.
Britain’s public finances suffered a shock setback in September after a collapse in corporation tax receipts to the lowest level since 2009 widened the deficit to £10.6bn.
China’s economy is showing signs of stability after the nation’s government reported growth at an annual rate of 6.7 per cent in the last quarter.
Britain’s jobs market has continued to brush off the Brexit vote after a rise in employment in August to a joint record high.
The former foreign secretary, William Hague, has been accused of attempting to undermine Bank of England governor Mark Carney after he warned that central bankers could lose their independence if they ignore public anger over low interest rates.
PwC has become the latest big name to raise concerns about the implications of the technological revolution on inequality, economic growth and unemployment.
British households can expect a cut in their disposable incomes next year as the knock-on effects of the vote to leave the European Union send inflation rocketing and weaken the outlook for the economy.
Donald Trump's historic victory in the U.S. presidential elections has pushed up prices for the digital currency bitcoin.
The US economy shook off concerns of a global slowdown in March and added 215,000 jobs, surpassing expectations, the US Department of Labor announced on Friday.
The US is not the only western nation to be undergoing political ructions over the faltering post-crisis recovery.
Billionaire Carl Icahn called the surprise win by U.S. President-elect Donald Trump "a step in the right direction" on Wednesday.
The International Energy Agency (IEA) has highlighted the significant tasks ahead for OPEC if the oil cartel is to freeze or cut its production.
Britain is in store for a hard Brexit that will hit the UK economy and lay bare the deep divisions in British society, a leading ratings agency has warned.
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.
There has been a lot of talk of late – especially fired up due to the US presidential election – over the loss of manufacturing jobs.
The government’s independent economic watchdog will tear up its previous forecasts for the UK’s growth prospects as it gives its first official verdict on the outlook for post-Brexit Britain this week.
The bank expects a $150 billion fiscal kick per year to the economy, but said the market should temper expectations.