How serious is the OBR’s downgrade for the UK’s medium-term economy?
The UK’s influential fiscal watchdog has raised its 2025 growth outlook, but issued a stark downgrade for the rest of…
UK Budget 2025: Reeves unveils £26B in tax increases to fund £11.3B in new spending
UK Chancellor Rachel Reeves today set out a Budget that raises £26 billion in tax measures to pay for £11.3…
UK Autumn Budget 2025: salary sacrifice capped, cash ISA allowance cut in major savings shake-up
Chancellor Rachel Reeves unveiled her first Budget before the House of Commons on Wednesday, less than an hour after the…
Commodity wrap: gold climbs to one-week highs as Fed rate-cut bets surge; oil prices remain volatile
Gold prices rose to an over one-week high on Wednesday as hopes for an interest rate cut by the US…
Europe bulletin: UK tax hikes, ESA military pivot, Meta-EU clash shape the day
UK politics and European policy are shifting fast, with big moves reshaping economic strategy, energy affordability, defense ambitions, and tech…
Is Europe finally getting serious about AI?
On Monday in Bratislava, Christine Lagarde did something central bankers rarely do. She told Europe to hurry up. The president…
Russia proposes decade-long extension for oil supplies to China
Russia is looking to expand its energy partnership with China, with Deputy Prime Minister Alexander Novak announcing in Beijing on…
U.S. lawmakers are light on crypto heading into new Trump era
By Douglas Gillison, Tom Bergin, Chris Prentice and Isla Binnie WASHINGTON – President Donald Trump’s administration is expected to usher…
Mexico’s peso falls after Trump announces tariffs on Colombian goods
MEXICO CITY (Reuters) – The Mexican peso depreciated in international trade after U.S President Donald Trump announced he would impose…
Asia FX slips amid Trump tariff jitters; China factory data underwhelms
Investing.com – Most Asian currencies weakened at the start of the week, pressured by a rebound in the U.S. dollar…