Labour leader Sir Keir Starmer has unveiled six ambitious ‘milestone’ targets for 2029, signalling a bold attempt to rebuild voter confidence amidst declining poll ratings. These targets, spanning crucial sectors
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The European Union is facing a critical economic challenge as the International Monetary Fund (IMF) warns of a persistent 30 per cent income growth gap with the United States. This
Recent economic data reveals both Germany and the UK are grappling with significant growth challenges, positioning them at the bottom of the G7 economic performance rankings. Germany’s cumulative growth since
The UK’s professional services sector has established itself as a crucial catalyst for economic growth in 2024, demonstrating remarkable resilience whilst other sectors face mounting challenges. Official data reveals the
The American economy has achieved its highest output level in 31 months following Donald Trump’s election victory, driven by his promises of tax reductions, tariffs, and deregulation. The composite purchasing
The European Union’s cherished welfare state system faces mounting pressure as persistent economic decline threatens its sustainability, according to European Central Bank President Christine Lagarde. Speaking in Paris on Monday,
The Federal Reserve appears ready to implement a quarter-point reduction in its benchmark policy rate next week, maintaining its strategic direction despite a skewed employment report and clouded economic policy
The pound is expected to become one of the top-performing major currencies in 2024, according to leading American investment banks. Analysts predict that sterling will reach a four-year high of
The pound has reached a 13-month high against the dollar, trading at $1.3118, as British companies reported their fastest growth in four months during August. According to the latest S&P
As Rachel Reeves prepares to deliver her autumn budget on 30 October, Britain’s largest manufacturers have issued a stark warning: the country’s infrastructure has suffered a decade of decline, and
Universal Destinations & Experiences, a subsidiary of Comcast, is currently in discussions with UK government officials about potential tax breaks and infrastructure incentives for a proposed multibillion-pound theme park in
The chief executive of Sainsbury’s, Simon Roberts, and the general secretary of the Union of Shop, Distributive and Allied Workers (Usdaw), Paddy Lillis, have issued a stark warning to the
The UK economy is bracing for a potential uptick in inflation, mere weeks after the Bank of England’s decision to lower interest rates for the first time in over four
