European government bond markets experienced renewed turbulence yesterday as Germany announced a €500 billion investment fund while loosening its strict fiscal borrowing rules. The yield on Germany’s benchmark ten-year government
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International investors have significantly reduced their holdings of UK government debt at the outset of the year, marking the steepest decline in two years. Data from the Bank of England
The Bank of England’s governor, Andrew Bailey, has warned of substantial risks to the UK economy and the global economy stemming from President Trump’s aggressive trade policies. Speaking to MPs
Canadian Prime Minister Justin Trudeau has denounced Donald Trump’s decision to impose new tariffs on Canadian goods as a “dumb” trade war and accused the former US president of aiming
Rachel Reeves has announced plans to prioritise UK companies and jobs in the government’s commitment to significantly increase defence spending. Speaking to the manufacturing trade body Make UK, the chancellor
President Trump’s decision to impose sweeping tariffs on goods from Canada, Mexico, and China has brought an end to weeks of speculation over his trade policies. The introduction of these
Soaring crime levels are costing the UK economy a staggering £250 billion annually, according to a report by the centre-right think tank, Policy Exchange. The report attributes this alarming economic
Britain’s discount retail sector faces mounting challenges as the cost-of-living crisis shows signs of easing, marking a significant shift in consumer behaviour that has rattled major players in the market.
The Bank of England’s approach to interest rate cuts could fluctuate dramatically between a very gradual or swift pace as it navigates significant economic uncertainties, according to Deputy Governor Sir
Recent official figures reveal a concerning trend in Britain’s unemployment landscape, with fewer benefit claimants facing sanctions despite growing joblessness rates. Data shows 117,000 of 2.1 million Universal Credit claimants
An investigation has revealed widespread VAT evasion on the Chinese shopping platform Temu, where sellers are fraudulently using the details of legitimate UK businesses to dodge millions in tax obligations.
The UK government’s fiscal position remains under pressure despite recording a £15.4 billion surplus in January, falling short of the Office for Budget Responsibility’s £20.5 billion forecast. The shortfall signals
British employers are preparing to implement the most significant wave of redundancies in a decade as business confidence deteriorates amid looming tax increases scheduled for April, following Rachel Reeves’ autumn
The modern musical superstar tour has evolved far beyond sold-out arenas and screaming fans. Beyoncé’s highly anticipated Cowboy Carter tour, commencing in April, is poised to deliver substantial economic benefits
Rachel Reeves’s £9.9bn fiscal buffer has been completely eroded due to sluggish economic growth and rising market interest rates, economists at the National Institute of Economic and Social Research (Niesr)
In a significant move that could reshape America’s financial landscape, Donald Trump has signed an executive order mandating the creation of a US sovereign wealth fund. The directive, issued from