Saturday, 29 August 2026 · World
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EUROS The World Financial Report
Nº 49 Saturday, 29 August 2026 · World Edition
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Economy

Economy

The global economy: growth, inflation, jobs, trade, debt and the macro forces shaping every market on the planet.

All countries 🇦🇷 Argentina 🇦🇺 Australia 🇧🇷 Brazil 🇨🇦 Canada 🇨🇳 China 🇪🇺 Eurozone 🇫🇷 France 🇩🇪 Germany 🇮🇩 Indonesia 🇯🇵 Japan 🇷🇺 Russia 🇸🇦 Saudi Arabia 🇪🇸 Spain 🇨🇭 Switzerland 🇬🇧 United Kingdom 🇺🇸 United States

Oasis reunion helps draw record 25m ‘music tourists’ to UK concerts

Gigs by Gallagher brothers, Coldplay, Lana Del Rey and Beyonce gives £11bn boost to the economy Big name artists including Oasis w…

Andy Burnham urged to scrap income tax and NI in radical fiscal overhaul

Economists including Jim O’Neill write open letter calling for single levy to replace six key taxes to raise money for public serv…

Invest in Britain or I’ll force you to, minister tells pension funds

Business secretary Peter Kyle says asset managers should feel a patriotic duty to make the UK a success The business secretary, Pe…

Are German companies leaving the country?

Should I stay or should I go? Given Germany's high cost and sluggish growth, some business leaders are mulling relocating, or at l…

Is the Strait of Hormuz still Iran's trump card?

Iran's latest attacks show it can easily disrupt shipping, energy markets and draw in Gulf neighbors. DW asks how much leverage Te…

UK Treasury yet to do due diligence on finding extra money for defence

How to hit the 3.5% of GDP spending promise made to Nato would be a matter for the next prime minister, MPs told The Treasury has …

UK growth forecast upgraded as AI cushions Iran war impact

The IMF has upgraded its UK growth forecast as artificial intelligence investment offsets Middle East energy shocks, though the fu…

Trump’s policy mayhem is making even the Maga faithful consider walking away

Even voters who identify as foot soldiers of his political army are increasingly willing to blame Trump for their economic trouble…

Almost no progress made on UK regional household income divide in 30 years, report finds

Despite promises of successive governments, gap between richest and poorest areas consistent since 1997 Britain’s deep regional in…

Recession off the cards but Australia faces dreary outlook, economists say

De-escalation of war in the Middle East has lowered oil prices and eased fears of economic downturn but households are still feeli…

Act soon to change ‘unsustainable’ direction of UK debt, OBR warns

Forecaster says curtailing rising costs such as health and pensions ‘are today’s challenge, not just tomorrow’s’ Policymakers must…

Half of Americans struggle to afford groceries and gas, exclusive poll finds

About 57% of polled Americans also believe economy is worsening in grim portrait of cost of living crisis, according to Harris sur…

Gas Stations Gain When Oil Prices Start to Drop

President Trump is berating gasoline retailers for keeping prices high. Evidence suggests the business has grown more profitable.

‘New direction, same old problems’: the economic challenges facing Andy Burnham | Richard Partington

Blair met good fortune when he assumed office, others such as Wilson faced tougher times. The PM-presumptive will start firmly on …

Make Ed Miliband chancellor, ex-chief Treasury adviser tells Andy Burnham

Nicholas Stern joins growing number backing Miliband, saying he has vision and experience to revive economy A former chief economi…

We can debate the ethics of AI but can’t seem to change course | Letters

Readers respond to the profile of Iason Gabriel, a philosopher and research scientist at Google DeepMind The Guardian’s profile of…

UK service sector shrinks amid Iran war disruption and heatwave; FTSE 100 hits four-month closing high – business live

Rolling coverage of the latest economic and financial news Today’s UK Service PMI report (which polls purchasing managers from acr…

Far-right AfD threatens eastern Germany's energy transition

Germany's far-right AfD wants to revive coal and nuclear power and curb non-EU immigration. Businesses in eastern Germany warn tha…

Sick leave: Germany rising but not the worst in Europe

Sick leave in Germany has hit a new record, with workers taking an average of nearly 20 days off per year. As Chancellor Merz crac…

Burnham inherits tight UK finances despite easing war shock

Andy Burnham takes the premiership with less fiscal headroom than planned, though a milder-than-expected economic hit from the Ira…

A.I. Is Reshaping the Economy. Good Luck Measuring How.

Some data suggest artificial intelligence is already causing job losses. Other sources show the opposite. Why is it so hard to fig…

US job growth slows sharply, easing rate hike fears

US employers added just 57,000 jobs in June, missing forecasts and weakening real wages, while Wall Street rallied on hopes the Fe…

Trump Accounts to Receive $250 Million Donation From Chip Maker Micron

President Trump said the U.S. chip maker would make a significant donation to a new type of investment account created by the admi…

Latest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure

The unemployment rate ticked down to 4.2 percent, but average hourly earnings were steady, giving Kevin Warsh, the Federal Reserve…

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