The United States economy added 162,000 jobs in August, significantly exceeding market expectations and reversing a recent slowdown in hiring. The Bureau of Labor Statistics reported on Friday that nonfarm
Economy
816Articles
Robert Jenrick, the Treasury spokesman for Reform UK, has requested meetings with major institutional holders of UK government debt. The move follows a recent surge in borrowing costs that has
Households across the United Kingdom are being advised to prepare for increased energy costs this winter as European nations rush to replenish their natural gas reserves ahead of colder weather.
Leading supermarket chains and high street retailers have formally requested that the Prime Minister exclude the sector from any potential increases in business rates during the upcoming Budget. The Retail
Inflation in the euro area rose to 3.3 per cent in August, marking the highest level since September 2024. This increase, driven primarily by surging energy prices, follows a reading
Shop price inflation in the United Kingdom has reached its highest level in two years, driven by a significant increase in energy and commodity costs. The British Retail Consortium reported
Twenty-three business organisations have jointly urged the Scottish first minister to abandon his proposal for a legal cap on the prices of essential food and drink items. The groups, which
The world is facing an exceptionally intense El Niño weather event this year, characterised by warmer-than-normal sea surface temperatures in the tropical Pacific. This phenomenon is set to disrupt typical
Britain’s national debt has edged closer to the three trillion pound mark after a higher than expected monthly deficit was recorded in July. The Office for National Statistics reported that
Chancellor John Healey is not expected to raise taxes to provide immediate remedial action for the UK economy at the upcoming Budget, according to a leading City economist. Simon French,
Omai Gold Mines has released a new preliminary economic assessment for its namesake project in Guyana, valuing the asset at four billion dollars. The study positions the site among the
The United Kingdom is advancing plans for a new fleet of nuclear reactors despite the absence of a confirmed repository for high-grade legacy waste. The search for a location for
Andy Burnham is being asked by campaigners to take action against companies exploiting widespread bogus self-employment practices. These firms allegedly deny rights to approximately four million workers across the United
Internal Treasury modelling has warned that the United Kingdom’s economic expansion could be reduced to a mere 0.3 per cent next year should disruption in the Strait of Hormuz persist
The Labour government’s proposed crackdown on zero-hour contracts is projected to impose costs of nearly £3bn per year on British firms, according to a newly published impact assessment. While the
Economists warn that modest gains achieved by the UK economy during the first half of this year are likely to be erased following a significant downturn in the construction sector.