Bank of England policymakers are growing increasingly uneasy about the UK's record low interest rates – but signalled on Wednesday that the first rise will not come until real wages start to recover.
A string of major banks and analysts in Singapore have downgraded their forecast for full year growth this year, as weakness in the manufacturing and services sector continues to takes its toll.
Oil prices above $200 a barrel. Energy shortages in western Europe. The return of recession to the still-fragile global economy. A slump in Russia. That's the fear haunting policymakers as they contemplate how to respond to the shooting down of MH17 over eastern Ukraine last week.
The coalition government borrowed more than expected in June, putting chancellor George Osborne further off course in his plan to reduce the deficit.
New York State has become one of the first jurisdictions in the world to propose explicit licenses for companies wanting to carry out business in bitcoin.
The prices demanded by sellers putting their homes on the market have fallen for the first time this year, in the latest sign that some of the heat is coming out of the UK housing market.
Britain will pass another milestone in its economic recovery this week, with official figures showing it has clawed back all theoutput lost since the 2008 financial crisis.
Former chancellor Kenneth Clarke has cast serious doubt on the underlying strength of the British economy, saying there is a "long, long way" to go before it is competitive enough to deliver sustainable growth and compete with emerging powers such as China and Brazil.
China's economy grew 7.5 percent in the second quarter from the year-ago period, beating a broad consensus estimate of 7.4 percent and coming after the 7.4 percent expansion in the first quarter.
House prices are running away with themselves, headlines warned until recently. Now property values, even in the most fashionable parts of London, are cooling. Employment is booming, but mainly among the self-employed. Inflation? Well, no one knows where that is heading.
European finance ministers will once again deliberate over how to treat Greece’s ongoing debt crisis this week despite the country desperately grappling with refugees pouring across its borders.
Two important European figures have warned of dire political and economic consequences for the European Union and therefore the UK if June’s referendum leads to Britain leaving the EU.
Supporting women in the workplace is about more than fairness, as a report out today has discovered it could also drastically boost the UK's finances.