Economy
Cuts to overseas aid will worsen shocks to global economy, David Miliband says
Cuts to overseas aid by countries including the US and the UK risk stoking global economic instability amid the humanitarian crisis resulting from the Iran war, David Miliband has...
UK economy was growing faster than expected in February before Iran war began – business live
UK economy smashes forecasts with 0.5% growth in FebruaryNewsflash: The UK economy was growing much faster than expected before the Iran war jolted global activity.UK GDP rose by 0.5%...
Air New Zealand’s economy Skynest bunk beds set for launch
Economy passengers on Air New Zealand’s ultra-long-haul flight between Auckland and New York can book a spot in the airline’s bunk-bed style sleeping pods from May, which will take...
China’s ‘teapot’ oil refineries keep economy brewing – but surging crude prices leave them strained
The towns that are the bulwark of China’s energy security can, at a moment of global crisis, appear deceptively quiet. Trucks carrying oil trundle along wide-open highways that have...
Stock markets rocked by Trump’s Iran ultimatum, as UK economy faces growth hit – business live
Asia-Pacific markets hit by Iran ultimatumDonald Trump’s threat to ‘obliterate’ Iran’s power plants unless the strait of Hormuz reopens is hitting global stock markets today.A wave of selling is...
Oil price shock likely to ‘push the UK economy into recession’ after GDP stagnates in January – business live
Oil price shock likely to 'push the UK economy into recession'The oil price shock hitting the global economy could push the UK into recession, Tomasz Wieladek, chief European macro...
UK economy unexpectedly flatlined in January, official figures show
The UK economy entered the Middle East crisis after a weak start to the year, according to official figures showing flatlining January output before the US-Israel war on Iran...
Starmer warns of bigger impact on economy the longer Iran war continues – UK politics live
The longer Iran war goes on, the more likely the impact on our economy, Starmer saysAddressing the war in Iran, Keir Starmer acknowledged that the longer the conflict went...