Australian growth forecasts slashed as global economy faces inflation spike
OECD says the Middle East war will test the world’s resilience with Australia expected to suffer from higher rates and …
Economics News
Showing 20 articles
Middle East conflict will damage UK’s economy ‘more than any other’
Organisation for Economic Cooperation and Development says UK economy will grow by just 0.7% this yearThe conflict in the Middle …
US Postal Service to introduce 8% fuel surcharge on packages
Surcharge, spurred by oil price spikes due to the Iran war, is set to take effect on 26 April and …
‘every lever’ will be explored to ease rising costs of living from Iran conflict
PM will chair Cobra meeting with key ministers and Bank of England on Monday, as experts warn of economic shockUK …
HS2 firm says new steel tariffs will ‘exacerbate’ cost pressures for UK construction industry
Doubling tariffs on imported steel will raise cost of the metal when Iran war is already inflating steel and concrete …
Campaign groups rail against Palantir, but the UK contracts keep coming
AI analytics firm has become influential in Whitehall, and FCA deal gives it yet more access to dataPalantir extends reach …
‘The new ketchup’? How hummus spread beyond a niche into a British staple
News that chickpea dip is to join list of products used for UK inflation basket confirms its move into the …
‘The stakes are enormous’: how a prolonged Iran war could shock the global economy
Donald Trump’s ‘little excursion’ is likely to have long-term effects, from oil prices to inflation to growth, say expertsIn the …
Lowering speed limits among contingency plans to curb UK oil demand
International Energy Agency recommends emergency measures, including working from home, as Iran war hits fuel supplyLowering speed limits to minimise …
UK borrowing rises unexpectedly to £14.3bn in February
Data comes amid increasing fears that Iran war could send British government’s plans off courseBusiness live – latest updatesBritain’s public …
China has been preparing for a global energy crisis for years. It is paying off now
As other Asian economies race to conserve energy, China has huge reserves of oil and gas as well as alternative …
India extends domestic sourcing mandate to solar wafers, ingots for RE projects. How this aims at curbing Chinese imports
The domestic sourcing mandate covers solar PV modules while components like cells, wafers, ingots and polysilicon could be imported. However, …
Keir Starmer faces Kemi Badenoch at prime minister’s questions – UK politics live
PM to face opposition leader and MPs in the House of CommonsPolanski says the government should be doing more to …
Why India plans to wait and watch
The new tariff structure would be crucial for India-US trade deals as well as other trade partners who were willing …
How market turbulence is hitting IPO plans & why PhonePe has hit pause
IPOs are highly sensitive to stock market sentiment. When markets are bullish, investors are more willing to invest in new …
EU calls for urgent reboot in talks with UK to stop reset deal failing
Time is running out to find agreement on areas such as tuition fees EU citizens would pay in Britain and …
Alcohol
Hummus and pet grooming also join list of goods and services used to help judge the impact of rising pricesBusiness …
Expert Explains | ‘Good opportunity for investors to accumulate more (MF) units… best time to have an SIP’
It is an unfair ask for investors to expect fund managers to deliver good returns when the entire equity market …
Africa particularly vulnerable as Iran conflict disrupts supply chains, say experts
Food production in many African countries depends heavily on fertiliser imported from the Gulf through the strait of HormuzCountries in …
Trump claims he has ‘absolute right’ to impose new tariffs after supreme court blow
US supreme court has ‘ransacked’ the country, president argues, in wake of its ruling against his trade agendaDonald Trump has …