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Economics

  • CBI boss: ‘Not realistic or right’ to decouple from China

    February 5, 2025

    Rain Newton-Smith, head of the UK’s leading business group, will urge the government to ignore the “siren call of protectionism” amid mounting tensions in the global economy. In a speech set to be delivered later today, the chief executive of the Confederation of British Industry (CBI), will call on the government to forge deeper ties [...]

  • ONS chief ‘very confident’ UK is suffering from rise in economic inactivity

    February 4, 2025

    Professor Sir Ian Diamond said he was "very confident" that the UK was suffering from a rise in health-related economic inactivity, despite question marks about the quality of the data.

  • Trump tariffs: Investors struggle to price in threat after last minute reprieve

    February 4, 2025

    Jim Reid, head of research at Deutsche Bank said: "The past few days have raised ongoing questions over Trump’s tariff policy plans".

  • China strikes back on Trump tariffs as Mexico and Canada get reprieve

    February 4, 2025

    The response came just hours after Trump imposed 10 tariffs on all goods coming from China.

  • Bank of England: Monetarists warn of challenging outlook before rate call

    February 4, 2025

    Monetarist economists argued a 25bps rate cut may be too little too late given the current weakness of the UK economy.

  • Donald Trump’s tariffs: Here are the three important points

    February 4, 2025

    There's a lot that could be said about tariffs, but there's three points that really matter.

  • Trade war: Trump’s tariffs pose ‘age-old question’ for Starmer

    February 3, 2025

    President Trump imposed 25 per cent tariffs on goods imports coming from Mexico and Canada, as well as an extra 10 per cent duty on Chinese goods.

  • Eurozone inflation unexpectedly rises as Trump trade war fears mount

    February 3, 2025

    The headline rate of inflation picked up to 2.5 per cent in January, according to preliminary estimates from Eurostat.

  • UK economy: Inflation worries build as manufacturing cost pressures surge

    February 3, 2025

    S&P's purchasing managers' index (PMI) for the manufacturing index showed that input prices increased at "accelerated rates" last month.

  • Bank of England to cut interest rates as growth fears build

    February 3, 2025

    Rate-setters are likely to signal a cautious approach for the remainder of the year given lingering price pressures in the economy.

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