Inflation risk from Red Sea disruption, warns economist
Inflation is at risk of rising again, according to a leading economist, following attacks on ships using a vital trade route through the Red Sea. Mohamed El-Erian said while... Read more
Inflation is at risk of rising again, according to a leading economist, following attacks on ships using a vital trade route through the Red Sea. Mohamed El-Erian said while... Read more
A fresh series of strikes has been unveiled by the main train drivers’ union, Aslef, in its long-running pay dispute with 16 train companies. The stoppages between Tuesday 30... Read more
The global economy is set to grow at its slowest pace since the pandemic, the World Bank has warned. It has forecast growth of just 2.4% in 2024 and... Read more
Hiring in the US was unexpectedly strong last month, as the American economy continued to defy forecasts of a slowdown. Employers added 216,000 jobs and the unemployment rate was... Read more
SpaceX has been accused of unlawfully firing eight workers who were critical of its multi-billionaire chief executive Elon Musk. A complaint by a US labour agency says the employees... Read more
Britain’s factories started the year on a weaker footing after 17 consecutive months of contraction, as higher borrowing costs and a slump in demand took their toll. Factory output... Read more
There were contrasting reactions when the US rating agency Moody’s downgraded China’s A1 credit rating outlook from stable to negative last month. Financial markets, focused on the economy, paid... Read more
As we enter an election year, how will the effects of inflation, weak GDP growth, unemployment, tax cuts and rising housing costs sway voters’ intentions? The UK is entering... Read more
Pound jumps over $1.28 The pound has hit its highest level against the US dollar since the beginning of August, as investors continue to bet on falling US interest... Read more
UK house prices are expected to fall in 2024, according to analysts and lenders, while the cost of renting a home will continue to rise. The government’s official forecaster... Read more