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UK Economy Contracts at Fastest Pace in 11 Months

Britain's private sector faces worst performance in nearly a year as manufacturing and services decline simultaneously. Chancellor Rachel Reeves confronts mounting economic challenges ahead of crucial budget announcement.

UK Economy Stagnates with Zero Growth in April

Shock Office for National Statistics data reveals zero growth in April 2024, handing incoming Chancellor Rachel Reeves immediate economic challenge days before taking office.

Brits to be poorer than Turks and Latvians by 2040s

Groundbreaking economic research reveals Britain is on course to be outperformed by Turkey and Latvia within two decades, with the UK facing its worst relative decline in living standards since records began.

China arrests pastor Jin Mingri in Zion Church crackdown

Exclusive investigation reveals Chinese authorities' intensified crackdown on underground Christian churches, with prominent pastor Jin Mingri facing serious charges amid growing religious persecution concerns.

UK Economy Stagnates with Zero Growth in April

Britain's economy showed no growth in April 2024, with wet weather dampening retail sales and construction output. Get the full analysis of the UK's economic standstill.

Reeves gives OBR veto power over budgets

Shadow Chancellor pledges to give Office for Budget Responsibility unprecedented veto power over major tax and spending decisions, learning from Truss's disastrous mini-budget.

IMF Warning: Global Economy Faces Perfect Storm

IMF Managing Director Kristalina Georgieva warns of multiple economic dangers converging simultaneously, urging nations to prepare for turbulent times ahead as growth forecasts darken.

British teacher accused of spying in China

An English teacher and travel blogger's love affair with China has ended in dramatic fashion after being arrested on espionage charges, highlighting the perilous landscape for foreign content creators in the country.

UK Wage Growth Slows Sharply as Job Market Cools

UK wage growth has hit its slowest pace in over two years while unemployment rises, signalling a cooling labour market. Meanwhile, Argentina secures IMF bailout and stock markets show mixed performance.

JPMorgan CEO Dimon Issues Recession Warning

JPMorgan Chase CEO Jamie Dimon sounds alarm on economic turbulence ahead, highlighting inflation pressures and geopolitical risks that could impact British businesses and households.

Scottish Business Confidence Hits Record Low

New survey reveals overwhelming pessimism among Scottish businesses as economic stagnation bites, with concerns mounting over rising costs and political uncertainty.

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