Economics

In a recent report on the nation’s industrial health, manufacturing sales in Canada fell by 3% in January, totaling $68.7 billion. This downturn was largely dictated by a sharp reduction …

The UK economy failed to show any growth in January, as the global energy shock triggered by the war in Iran began to take its toll on domestic output. The …

The Office for Budget Responsibility has issued a stark warning that the war in the Middle East could push UK inflation to 3% by the end of 2024. This revision …

The UK Treasury has signaled its readiness to participate in a coordinated international release of oil reserves to combat the skyrocketing costs triggered by the Middle East war. Chancellor Rachel …

A fierce battle has erupted over the UK’s public finances, with the Conservative Party demanding the resignation of Chancellor Rachel Reeves. The controversy centers on the £26bn tax increases announced …

More than 1.7 million workers across England, Wales, and Northern Ireland will either begin paying income tax for the first time or move into higher tax brackets due to the …

Chancellor Rachel Reeves unveiled a dual-track budget strategy combining significant tax increases totaling £26 billion with immediate cost-of-living relief measures, including a £150 reduction in annual energy bills. The announcement …

American businesses are increasingly pointing to China as the source of “unfair” competition, demanding new tariffs from the US Commerce Department. However, the protectionist measures they are requesting would apply …

S&P Global Ratings has revised India’s GDP growth forecast for the fiscal year 2025-26 downward to 6.3%, citing rising concerns over the ripple effects of the United States’ shifting tariff …