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.
The Bank of England will not take instructions on its policies from politicians, its governor, Mark Carney, has said, just a week after Theresa May took a swipe at the impact of the Bank’s actions on “ordinary” people. Speaking at Birmingham town hall as part of the Bank’s Future Forum event on Friday, Carney said it became difficult for the Bank when politicians commented on its policies rather than its objectives.
A string of senior Conservatives warned Theresa May’s Brexit strategy is risking the health of the economy in a parliamentary debate, during which the pound dropped to its lowest ever level against a basket of currencies.
A brief rally in the pound was quickly reversed on Wednesday after the government refused to make tariff-free access to the European Union’s single market a red line in Brexit negotiations with Brussels.
The Federal Reserve’s decision not to increase rates in September was a close call, the minutes released on Wednesday show.
The debate about house prices is reignited on Mondayamid claims by Britain's biggest property website that prices for homes have come "off the boil".
Bank of England chief economist Andrew Haldane has put himself on a collision course with Mark Carney, the Bank’s governor, by suggesting policymakers may be forced to slash interest rates to zero in the coming months to tackle the looming risk of deflation.
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.
We are long overdue for a recession - and it will be much worse than 2008, says Michael Pento.
Insights from a prominent Bitcoin commentator that global powers are beginning to feel threatened by cryptocurrencies.
The Brexit blow to the pound coupled with commodity price hikes is squeezing Britons’ Christmas spending power this year.
Bitcoin registered as the 9th biggest payment network worldwide over the biggest ecommerce weekend of the year.
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.
The US Federal Reserve on Wednesday raised interest rates for the first time in a year, and only the second time since the 2008 financial crisis. The US central bank also predicted three further rates increase in 2017, up from previous expectations of two rate hikes.
The UK economy will slow markedly next year as uncertainty about the country’s future position in Europe and higher inflation hit consumers and businesses, the British Chambers of Commerce (BCC) has predicted.
The European Central Bank has vowed to continue with its programme of electronic money printing to shore up the eurozone recovery but surprised financial markets by reducing the amount of stimulus it expects to provide each month.