Labour to detail wealth fund plan at start of economy-focused week
The establishment of a national wealth fund will be the highlight of a week of campaigning by the Labour Party...
archiveeconomy
How the ‘woke capitalist’ gravy train came to a juddering halt
McKinsey declared in 2019 that 90pc of America’s 500 biggest companies were now producing an ESG report – reams of...
How Gordon Brown could tempt Labour into a stealth ‘mortgage tax’
Paul Tucker, a former deputy governor of the Bank, argued in an influential 2022 paper that the scale of the...
Gordon Brown-backed stealth tax could push up mortgage payments by £170
Gordon Brown’s proposal to launch a stealth tax raid on banks would add hundreds of pounds to the cost of...
Anxiety over persistent inflation helps drive down US consumer sentiment for third consecutive month
WASHINGTON (AP) — U.S. consumer sentiment fell in June for the third straight month as Americans took a dimmer view...
Taylor Swift’s London Eras Tour could delay Bank of England rate cut
Taylor Swift performs on stage during during "Taylor Swift | The Eras Tour" at Anfield on June 13, 2024 in...
Bank of England ‘unlikely’ to cut interest rates next week as UK economy flatlines
The Bank of England is "unlikely" to bring down interest rates next week due to the UK economy flatlining, according...
European stocks, single currency rally as US inflation cools more than expected
European assets surged on Wednesday following a lower-than-expected inflation report in the United States, brightening the outlook for potential Federal...
World Bank boosts forecast: Strength of US economy will support global growth of 2.6% this year
The World Bank has upgraded its outlook for the global economy, estimating that it will expand 2.6% this year on...
EU sees 65% growth in wind, solar capacity since 2019 – Kadri Simson
BAKU, Azerbaijan, June 11. Since 2019, EU wind and solar capacity has grown by 65 percent (+188 GW), said European...
