The Organization for Oil Exporting Countries (OPEC) and allies such as Russia agreed this week to cut production of oil by an amount equivalent to two percent of global supply in a cartel decision …
Read more … →The deficit remains sizeable thanks to the increased cost of energy imports, particularly gas.
Read more … →The ONS says the UK economy expanded in the second quarter of 2022, revising up initial estimates for a contraction of 0.1%.
Read more … →Germany's inflation rate has now surpassed that of the UK and could be on course to peak at 13% say economists.
Read more … →The UK government's spending plans and financial market response are both well known by now but there is an important reality that may be going overlooked at HM Treasury and which could jeopardise …
Read more … →The UK government's energy price cap is the single most expensive outlay of Liz Truss' new administration, but its cost could come in a lot lower than markets had been anticipating as wholesale gas…
Read more … →The latest round of S&P Global PMI Surveys of manufacturing and services sectors suggested on Friday that UK and Eurozone economies may already have entered recession in the third quarter of th…
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