All news on the topic: Economy
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Inside Trump’s furious White House: infighting, sackings and a battle for succession
Standing on stage at the Great American State Fair, the carnival of July 4 celebrations held on the National Mall in Washington, Donald Trump declared that the United States was back.
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City warns Andy Burnham to reveal tax plans or risk choking off investment
Andy Burnham will stifle investment unless he sets out his tax plans and names a chancellor, the City has warned.
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Andy Burnham faces shrinking budget cushion as he prepares to take power
Given pressures on the public purse, the Makerfield MP may have to look at autumn tax rises to fund his ‘new direction’.
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America’s richest family dynasties now control a record $1.9 trillion
As America’s 250th anniversary approaches, Forbes is celebrating our own version of founding fathers (and mothers): the entrepreneurs behind what have become the largest family fortunes in the country.
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Andy Burnham to unveil "No 10 North" as he promises biggest devolution shake-up in modern Britain
Andy Burnham will set out plans for a ’No10 in the North’ in a speech outlining his vision to unleash what has been billed as the biggest shift of power away from London in modern history.
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Keir Starmer focuses on cost of living as he prepares to hand over power to Burnham
Sir Keir Starmer has signalled he is squarely focused on tackling the cost of living and remaining professional, despite turmoil at the top of Government.
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Burnham eyes capital gains tax hike on shares and second homes to fund sweeping reforms
Andy Burnham is considering a tax hike on the sale of shares and second homes as part of a radical new economic agenda, it has emerged.
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Tory leader targets PM and Chancellor over claims she was “getting ready for a selfie” with Burnham
Kemi Badenoch has criticized the outgoing Prime Minister and questioned whether he felt disappointed by his Chancellor, who was "too busy preparing for a selfie" with Andy Burnham.
592
Venezuela faces record $240bn debt as historic restructuring begins
Venezuela is set to reveal a $240bn debt pile, much higher than previously thought, as the country embarks on the biggest sovereign restructuring in history following the US removal of Nicolás Maduro.
459
UK to unveil defence plan before NATO summit despite Starmer resignation
The long-awaited defense investment plan will be published ahead of next month’s NATO summit, Downing Street has said, despite Sir Keir Starmer’s resignation as prime minister.
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Andy Burnham faces immigration, economy and defence crises as PM race ends
Andy Burnham is set to become the next Prime Minister within weeks – and will immediately be confronted with a daunting intray of problems facing the country.
642
Majority say Brexit failed as 42% report financial decline
Majority of respondents view Brexit negatively, with 59% describing it as a failure compared with 17% who consider it a success.
563
Starmer’s broken promises force early exit from No.10 amid public frustration
Despite promising to lead a different kind of government, Keir Starmer’s failure to deliver change has led to his early exit from No.10, writes Hannah White
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Pentagon seeks $80bn for Iran war as Trump pushes record $1.5tn defense budget
The Pentagon has told senators it needs roughly $80 billion, mostly to cover the cost of the U.S. war against Iran, adding to what is already a sizable military spending boost being sought by President Donald Trump.
475
Nick Clegg predicts UK could rejoin EU by 2036 as Brexit debate reignites
The UK will have rejoined – or be on the path to rejoining – the European Union by 2036, former Deputy Prime Minister Nick Clegg said on the tenth anniversary of the referendum.
442
Markets on edge as Starmer quits and leadership race sparks fresh UK economic uncertainty
Investors and business leaders are again navigating the kind of uncertainty that has dominated British politics since the Brexit vote a decade ago, after Prime Minister Keir Starmer resigned on Monday and threw open a leadership contest that will centre on any successor’s plans for the economy.
515
Former Labour deputy leader Roy Hattersley dies aged 93
Roy Hattersley, former deputy leader of the Labour party from 1983 to 1992, has died aged 93.
684
Hungary’s new government targets Orban oligarchs with radical wealth tax plan
In a dimly lit television studio, one of Hungary’s richest men is on the verge of tears. It is early May, weeks after the general election that ended Viktor Orbán’s 16-year grip on power, and the advertising mogul Balásy Gyula has an announcement to make.
620
Leadership crisis dominates headlines as Starmer’s government rolls out major policy overhaul
Amid the headlines focused on Keir Starmer’s struggle for his political survival, many may have overlooked the flurry of policy announcements his Government has made over the past few weeks.
596
Irish households hit by "hidden datacentre tax" adding hundreds to energy bills, report warns
Energy demand by datacentres in Ireland has added hundreds of euros to household electricity bills in a pattern that could be replicated across Europe, according to a report.
611
Lithuania fears Russian spy operation after 600,000 state records stolen
Lithuania’s Prosecutor General’s Office reports that unknown individuals copied 600,000 records from the Register Centre’s database.
632
“Calamity coming”: Reeves trapped as borrowing surges and growth stalls
The Chancellor has left the nation completely unprepared for the unfolding disaster.
662
UK economy on brink as Iran blocks Strait of Hormuz and energy prices surge
Two reports from top accounting firms suggest the economy is on the brink as gas and oil prices surge following Tehran’s blockade on the Strait of Hormuz.
435
The Conservative Party to prohibit councils from implementing a four-day work week
Councils will be prohibited from permitting staff to work four-day weeks on full pay if the Tories win the next election.
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How MMK executive Pavel Kravchenko built a network of shell companies while Russia’s Magnitogorsk Iron and Steel Works faced losses and layoffs
At the Magnitogorsk Iron and Steel Works in Chelyabinsk Oblast, troubling developments are underway: CEO Pavel Shilyaev has announced
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