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.
A British exit from the EU would have a “shock and awe” impact on the UK which would see the economy shrink and the Northern Ireland peace process threatened, according to a report by one of the main pro-European campaign groups.
We are fixing the roof while the sun is shining.
Britain’s manufacturers expect 2015 to be their worst year for growth since 2009 and next year will be little better, according to a survey which highlights the dilemma that the Bank of England faces as it considers whether to raise interest rates.
Economists are split between those who see the world economy coming together and those who believe its major trading blocs are heading in opposite directions. It might only be a couple of weeks before we find out who is right.
Janet Yellen has strongly indicated to Congress that Federal Reserve policymakers are likely to vote to raise US interest rates in two weeks – barring any major shocks to the global economy.
The UK economy has slowed after poor overseas trade figures put a record drag on growth, leaving household spending to drive the recovery and casting further doubt on George Osborne’s hopes that strong tax receipts will help him hit ambitious budget targets.
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.
Hedge funds and other western investors have been piling into gold this year, pushing investment to a record high and driving the price of bullion to its biggest first-half gain since 1980.
The challenge facing UK trade negotiators following the EU referendum has been spelled out by a report from one of the country’s leading thinktanks, showing that membership of the European single market is worth an additional 4% of GDP to the economy.