Economic news and events

China’s retail sales plunged last month, official data showed Thursday, as Covid restrictions and a property market crisis hammered the world’s second-largest economy.

The figures...

Inflation in the UK cooled off from last month’s record annual high, according to data from the Office of National Statistics on Wednesday.

The consumer...

The European Parliament voted overwhelmingly in favour of removing Eva Kaili from her position as vice president on Tuesday eafter she was implicated in a...

UK Chancellor Jeremy Hunt has said the energy support scheme will be extended in April, with details to be set out ‘very shortly’.

The government...

The UK unemployment rate rose in the three months to October, while wage growth slowed, figures from the Office of National Statistics showed on Tuesday....

Hopes of a major breakthrough in the rail dispute have been shattered after Network Rail workers rejected a pay offer.

Members of the Rail, Maritime...

Plans for military staff and civil servants to cover for striking workers in the coming weeks will be discussed at a Cobra meeting on Monday....

Fitch Ratings on Friday affirmed the UK’s long-term foreign-currency issuer default rating at AA-, but placed a negative outlook on the debt rating.

Fitch said...

The UK economy grew in October, with the nation’s economy now estimated to be 0.4% larger than its pre-pandemic size, according to figures from the...

UK manufacturers are set to plunge into recession next year as the deteriorating economic conditions at home and abroad exert a ‘vice-like grip’ on the...