Economics

Both Prime Minister Keir Starmer and Chancellor Rachel Reeves have firmly declined to apologize for their budget decisions, despite facing intense questioning about whether they misled voters during the election …

Chancellor Rachel Reeves presented fiscal projections showing government borrowing declining from 4.5% of GDP to 1.9% by 2030-31, even as economic growth forecasts were downgraded and £26 billion in tax …

Rachel Reeves is preparing to raise £7.5bn by freezing income tax thresholds for two years, reversing earlier expectations that she would increase income tax rates. The chancellor abandoned plans for …

European industry leaders are expressing significant alarm as the United States prepares to expand its “steel derivatives” tariff list, a move that could see hundreds of new products facing steep …

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 …

Ukraine is on the verge of finalizing a pivotal minerals agreement with the United States, signaling a major step in economic and strategic cooperation amid ongoing peace discussions with Russia. …

Starting Friday, U.S. consumers will see price hikes on millions of imported goods as former President Donald Trump’s executive order takes effect, ending the long-standing “de minimis” tariff exemption for …

India needs to moderate its elevated public debt levels to reduce interest burdens and improve its global credit rating, said Economic Affairs Secretary Ajay Seth at the ISAAC Centre for …