UK finances see first January deficit in 10 years

Government borrowing hit £8.8bn last month, the highest January figure since (...)

UK government borrowing hits highest January level since records began

It is the first time in 10 years that more have been borrowed than collected (...)

US hit as jobs fall for first time since April

The US economy lost 140,000 jobs in December, as rising coronavirus cases (...)

UK signs first major post-Brexit trade deal with Japan

Symbolic trade deal will cover 99% of UK exports to Japan but boost economy (...)

UK economy shrinks record 20.4% in April due to lockdown

The contraction was the biggest monthly decline on record, as the UK spent (...)

Coronavirus: Australia set for first recession in three decades

Official figures show the economy contracted even before the full impact of (...)

UPDATE 3-Britain heading for sub-zero rates club, money markets bet

Money markets ramped up expectations that the United Kingdom could cut interest (...)

Britain heading for sub-zero rates club, money markets bet

Money markets ramped up expectations that the United Kingdom could cut interest (...)

Money markets raise bets that British interest rates will drop below zero

Money markets ramped up expectations of negative interest rates in the United (...)

Coronavirus pushes German economy into recession

The economy shrank 2.2% in the first three months of 2020 as the pandemic (...)

Occidental looks to raise cash, swap debt as oil prices pressure finances

Occidental Petroleum Corp said on Wednesday it was looking to raise new cash (...)

UPDATE 1-Occidental looks to raise cash, swap debt as oil prices pressure finances

Occidental Petroleum Corp said on Wednesday it was looking to raise new cash (...)

Coronavirus: Eurozone economy shrinks at record rate

Single currency nations see a sharp fall in GDP during the first quarter of (...)

REFILE-UPDATE 1-Lloyds Banking Group scrapes profit after $1.75 bln COVID-19 provision

Lloyds Banking Group saw its pretax profit all but wiped out in the first (...)

Pricing the benefits of cheap oil in a world of economic lockdowns

The oil price collapse that took U.S. crude prices sub-zero for the first (...)

China cuts benchmark rate for second time this year, as widely expected

China cut its benchmark lending rate as expected on Monday to reduce borrowing (...)

China stocks end lower amid coronavirus fears, policy hopes limit losses

China stocks finished the first session of the second quarter lower on Wednesday, (...)

Budget 2020: Chancellor pumps billions into economy to combat coronavirus

The chancellor warns the outbreak is likely to cause a temporary but significant (...)

Budget 2020: Chancellor must raise taxes in first Budget, says IFS

A think tank says Rishi Sunak risks breaking Treasury rules on borrowing if (...)

WRAPUP 9-China seeks to boost economy as first virus death reported outside its borders

The first death from the coronavirus outside of China was reported on Sunday (...)

Housebuilder Berkeley reports 31% slump in first-half profit

British housebuilder Berkeley Group Plc on Friday reported a slump in first-half (...)

UK consumers pick up pace of borrowing for first time since mid-2018 - BoE

British consumers, whose spending has helped drive the economy since the Brexit (...)

IMF names Kristalina Georgieva as new head

Ms Georgieva, a former top World Bank official, becomes the first IMF boss (...)

Lebanese PM talks to Saudi minister about support for economy

Prime Minister Saad al-Hariri spoke to the Saudi finance minister on Saturday (...)

UPDATE 1-Lebanese PM talks to Saudi minister about support for economy

Prime Minister Saad al-Hariri spoke to the Saudi finance minister on Saturday (...)

UK economy shrinks for the first time since 2012

The UK economy contracted by 0.2% between April and June, its worst performance (...)

UK shop prices fall for first time since October - BRC

British shop prices fell in early June for the first time since October last (...)

Five seater self-flying air taxi unveiled

Lilium says the craft, which had its first test flight this month, could travel (...)

UK economy rebounds in first quarter

Brexit stockpiling by firms helps to lift UK growth in the first three months (...)

Governments need to rethink their attitudes to debt

GOVERNMENTS do not always make the best budget managers. Assuming it avoids (...)

Sky taxis

How Dubai may be winning the race to launch the first passenger-carrying flying (...)

UPDATE 1-Austrian IPO candidate Novomatic reports earnings drop

VIENNA, Aug 30 (Reuters) - Austrian gaming technology group Novomatic AG reported (...)

Does ageing explain America’s disappointing wage growth?

WHEN America’s unemployment was last as low as it has been recently, in (...)

China modernises its monetary policy

QIN SHIHUANG was the emperor who first unified China, through bloody conquest (...)

Why national accounts might be like corporate balance-sheets

THE easiest way to get an economist to laugh sardonically is to compare a (...)

Tech stocks have regained their dotcom-era highs

CAST your mind back to when Bill Clinton was president, Tony Blair and Vladimir (...)

Lloyds bank posts biggest half-year profit in eight years

LONDON, July 27 (Reuters) - Lloyds Banking Group reported its biggest half-year (...)

Rentokil profit surges on gains from Haniel JV

July 27 - British support services company Rentokil Initial Plc said its pre-tax (...)

Rathbone Brothers first-half pretax profit up 16.7 percent

LONDON (Reuters) - British wealth manager Rathbone Brothers plc posted a (...)

IMF downgrades UK and US growth forecasts

Lower activity in the first quarter of 2017 suggests both will underperform (...)

UPDATE 3-After healthcare failure, Republicans face similar divisions on tax reform

WASHINGTON, July 18 (Reuters) - Republicans in Congress unveiled a fiscal (...)

Health the biggest risk to UK finances

In its first ever look at the big risks facing UK finances, the fiscal watchdog (...)

Scottish economy rebounds in first quarter of 2017

Official figures show Scottish GDP grew by 0.8%, having shrunk by 0.2% in (...)

Australia state opposition lawmakers say they will block bank tax

SYDNEY, July 3 (Reuters) - The parliamentary opposition of the state of South (...)

UPDATE 1-Danish businesses face labour shortage as economy picks up

COPENHAGEN, June 30 (Reuters) - The Danish economy performed better than expected (...)

Pakistan’s old economic vulnerabilities persist

THE IMF, claims Pakistan’s government, is surplus to requirements. Ministers (...)

US growth rate revised higher

The US economy grew at a faster pace than previously thought in the first (...)

Barclays and four former executives are charged with fraud

IN 2008, as banks cracked on both sides of the Atlantic, Britain’s government (...)

The Treasury publishes proposals to cut red tape

TEN days after he became America’s 45th president in January, Donald Trump (...)

Corporate Europe is giddy with optimism

IT IS remarkable what a difference a single election can make. “The way (...)

Bangladesh worries about falling remittances

IT IS a mystery. Last year Bangladesh’s army of migrant workers abroad increased (...)

Taiwan’s economy has defied the pessimists

Tsai takes the flakTAIWAN’S president, Tsai Ing-wen, has had a tough first (...)

A Turkish maker of white goods is looking outwards

FORGIVE a maker of washing machines a fondness for spin. Hakan Bulgurlu, who (...)

US growth rate revised up to 1.2%

The US economy grew at a faster pace than initially thought in the first three (...)

A new anthology of essays reconsiders Thomas Piketty’s “Capital”

“A MODERN Marx” was how The Economist described Thomas Piketty three years (...)

Insurers get a new global accounting regime

LISTED firms in over 120 countries, including all large economies bar America, (...)

Large hedge funds moved out of financial stocks in first quarter

NEW YORK, May 15 (Reuters) - Several big-name hedge fund investors trimmed (...)

RPT-UPDATE 1-ING Q1 underlying pretax profit up 39 pct, beats expectations

AMSTERDAM, May 10 (Reuters) - ING Groep, the largest Dutch financial services (...)

Australia budget 2017: Treasurer unveils big banks tax

Treasurer Scott Morrison delivers his first budget since the government was (...)

Euro-area GDP growth outpaces America’s

THE appeal of GDP is that it offers, or seems to, a summary statistic of how (...)

Puerto Rico declares bankruptcy at last

THE government of Puerto Rico said in 2015 that the island could not pay its (...)

Federal Reserve: US economic slowdown temporary

The US Federal Reserve says it expects the economy to pick up again after (...)

Protecting American steel from imports makes no sense

AS AN example of all that is wrong with Donald Trump’s view of trade, the (...)

Steven Mnuchin gets started on tax reform but there is more to do

OF THE things that investors and bosses have come to like about Donald Trump, (...)

UK consumer morale softens in first quarter on price worries - Deloitte

LONDON (Reuters) - British consumer confidence softened last month in the (...)

America’s big banks have an encouraging first quarter

WHAT a difference a year makes. When America’s big banks reported first-quarter (...)

The mysterious quiescence of the gold market

AMERICA has bombed Syria, and its relations with Russia have deteriorated. (...)

The markets adjust their Brexit calculations

SOMETIMES the markets are genuinely surprised. On the morning of April 18th, (...)

Portugal GDP Growth Rate

The Portuguese economy advanced 0.6 percent on quarter in the last three months (...)

Portugal Government Spending

Government Spending in Portugal increased to 8385.70 EUR Million in the fourth (...)

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