Economy worries swirl after 'painful' Budget warning

UK Budget: What to Know Before Labour’s Announcement

The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.

Top stories - The New York Times - October 28

Workers warned Budget tax rises will hit their wages

Economists say tax rises in the Budget will mean employers have less to give as pay rises.

Budget boost to UK economy forecast to fade after two years

The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.

Martin Wolf on the UK economy: ‘Why I’m worried’

The FT’s chief economics commentator on how the UK can escape its low-growth trap

World - Financial Times - October 14

Hurricane Rafael swirls over Gulf of Mexico after ripping through Cuba

World - Yahoo News - Yesterday

Rafael weakens into a tropical storm as it swirls over the Gulf of Mexico after lashing Cuba

Hurricane Rafael has weakened into a tropical storm as it swirls through the Gulf of Mexico where it is expected to break apart after plowing through Cuba, knocking out the country’s power grid and ...

World - ABC News - Yesterday

‘Everyone will feel some pain’: growth perils of French budget

Michel Barnier’s new government walks tightrope in a fragile economic climate

World - Financial Times - October 23

Starmer insists pro-growth policies on way after OBR’s budget warnings – UK politics live

PM says budget just ‘first step’ after watchdog said measures would make no difference to growth over five years. Rachel Reeves is now being interview on ITV’s Good Morning Britain.. She is being ...

World - The Guardian - October 31

The Budget Game: Can you do better than Rachel Reeves?

Step into the chancellor’s shoes and devise your fiscal plan

Business - Financial Times - October 15

China’s exports slow sharply in September, adding to worries over the economy

China’s exports slowed sharply in September as global demand weakened, adding to worries over how to recharge growth in the world's second-largest economy

World - ABC News - October 14

Warning 'pain' of tax hikes to hit jobs and pay rises

The chancellor says businesses will "contribute more" as she raises employer National Insurance to 15%.

Financial market worries over the UK budget appear to ease

Worries about this week’s tax-raising U.K. budget within financial markets appear to have eased with the interest rates charged on British debt steadying and the pound rising against most other ...

World - ABC News - November 1

Tropical Storm Oscar swirls toward the Bahamas after killing 6 people in Cuba

Tropical Storm Oscar is chugging toward the Bahamas after making landfall in Cuba as a Category 1 hurricane, killing at least six people

World - ABC News - October 22

Tax rises needed to avert austerity, Starmer says

The prime minister gives a gloomy economic picture as he set out his justifications for "tough decisions" in the Budget.

Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation

A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should “proceed with more caution” in cutting U.S. interest rates to make sure inflation ...

Business - MarketWatch - October 14

America’s economy looks strong. So why is Wall Street worrying about renters and younger borrowers?

It isn’t only subprime — renters and younger borrowers are weaker spots in an otherwise solid backdrop for consumer debt.

Business - MarketWatch - October 21

Manchester City players may need to go through pain barrier, warns Guardiola

Nine of first team squad could miss trip to Bournemouth ‘Sometimes if you have problems you have to play’ Pep Guardiola has stated Manchester City’s fit squad members will have to continue ...

World - The Guardian - November 1

Hunt warns that Reeves will ‘trash’ economy with business tax hikes

Shadow chancellor says he rejected Treasury advice to raise employers’ national insurance payments

World - Financial Times - October 22

Europe’s economy poised to fall further behind US, IMF warns

Fund pins blame on weak productivity and ageing workforce as it highlights continent’s weak post-pandemic performance

Business - Financial Times - October 24

US economy could ‘overheat’ under Trump, warns bond giant Pimco

CIO Dan Ivascyn says interest rate cuts could be paused and stocks look vulnerable after post-election rally

Business - Financial Times - Yesterday

Tusk’s stance on migration hurts Polish economy, CEOs warn

Visa restrictions and border crackdown deprive Poland of much needed foreign workforce, say business leaders

World - Financial Times - 2 hours ago

Alabama shouldn’t worry about fans storming fields after beating the Tide ... it should worry when they don’t

Since LSU in 2010, every program that’s beaten Alabama at home has stormed the field.

Sports - Yahoo Sports - October 22

Customers are withdrawing pension money over Budget uncertainty, warns AJ Bell

Wealth managers say speculation over UK tax changes is changing customer behaviour

Business - Financial Times - October 17

UK innovation will be undermined by science department Budget squeeze, industry leaders warn

Tight finances made worse by bill to rejoin EU programme Horizon

World - Financial Times - October 18

Keir Starmer warns the UK budget this week will reflect 'harsh' economic reality

British Prime Minister Keir Starmer says fixing Britain’s troubled economy will be a long haul in a “harsh” fiscal environment

World - ABC News - October 28

Budget poses new challenge for UK public finances, Moody’s warns

Assessment from rating agency comes as gilts steady after sell-off sparked by scale of extra borrowing

Business - Financial Times - November 1

Investors warn of lasting ‘risk premium’ in gilts following UK Budget

Traders play down parallels with 2022 market crisis but say rise in borrowing costs will linger