The US is not the only western nation to be undergoing political ructions over the faltering post-crisis recovery.
The US economy added 161,000 jobs in October, the final jobs report before the election. The unemployment rate dipped to 4.9%.
New car sales in the UK continued to rise last month as strong growth in businesses buying company vehicles outweighed falling demand from private buyers for a seventh month.
What a surprise, the great British consumer did not retreat into a bunker after the vote for Brexit in June. He and she kept on eating, drinking and buying houses as if nothing of great significance had happened.
The Bank of England has abandoned plans for further cuts to interest rates as it conceded the economy had stood up to the shock of June’s Brexit vote without the sharp slowdown Mark Carney and fellow policymakers had predicted.
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.
The timing of the steel crisis could hardly have been worse for China. Beijing is desperate to be granted market economy status within the World Trade Organisation but is running into stiff opposition from both the US and Europe.
A strong warning that austerity policies can do more harm than good has been delivered by economists from the International Monetary Fund, in a critique of the neoliberal doctrine that has dominated economics for the past three decades.
UK companies have become gloomier about their trading prospects and the economic outlook as the EU referendum approaches, according to a survey.
Unemployment dropped to its lowest rate since 2005 in April, to a level which without the looming Brexit vote would set off interest rate warning bells at the Bank of England.
Retail industries set to enjoy a prosperous short-term future…
The pound would plunge 20% immediately after a Brexit vote in June, according to a leading economic thinktank.
Britain’s factories saw a strong rebound in output and new orders in August, according to a survey that suggested manufacturers quickly shrugged off the shock of June’s vote to leave the EU.
Relatively better growth and liberalization lifted Hong Kong and Singapore over the U.S. as the most free economies, according to a new ranking.
Here’s a safe prediction for 2017: the Greek debt crisis will turn ugly again.
The price of oil plunged to $55.91 per barrel on Wednesday as the US opened the way to crude exports and China produced another set of downbeat economic statistics that pointed to a global slowdown.
UK house price growth will slow in 2017 but the legacy of insufficient housebuilding will mean that demand will outstrip supply and lead to a 3% rise over the year, surveyors have predicted.
The Brexit blow to the pound coupled with commodity price hikes is squeezing Britons’ Christmas spending power this year.
London’s economic output per person is more than double the average across the rest of the UK, according to new figures that underscore the challenge facing ministers as they vow to tackle the UK’s entrenched regional inequality.