Latest in UK economy’s 0.1% growth fails to hit forecasts
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California fires weather forecast: Winds begin to relax, but forecast to return
The winds fueling fires in Southern California are beginning to relax, but the forecast calls for their return next week.ABC News - 5h -
UK economy’s 0.1% growth fails to hit forecasts
November expansion is first since August as pressure on chancellor Rachel Reeves to rebuild confidence growsFinancial Times - 5h -
UK economy disappoints despite return to growth
Official figures show the economy grew by 0.1% in November, although that was lower than had been expected.BBC News - 6h -
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.CNBC - 7h -
China's slowing economy is waiting for more stimulus. Here's how the country plans to boost growth
China's slowing economy is still waiting for promised government support to kick in.CNBC - 8h -
Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts
Economists polled by Reuters had estimated a 25-basis-point cut to 2.75%CNBC - 14h -
How to shockproof the UK economy’s exposure to global risks | Mohamed El-Erian
As with US bond yields, the UK economy risks catching cold whenever anywhere else sneezes – but Britain can insulate itself better. The British government was right to describe the recent bout of ...The Guardian - 1d -
How do UK regulators plan to cut back rules and boost growth?
Chancellor Rachel Reeves wants the regulatory sector to do more to drive the economyFinancial Times - 1d -
Reeves shrugs off calls for resignation as she promises UK growth plan
Chancellor has faced increasing criticism over her handling of the economyFinancial Times - 2d -
PM plans to 'unleash AI' across UK to boost growth
Leading tech firms are said to have committed £14bn towards the project, which could create more than 13,000 jobs.BBC News - 2d -
Air Traffic Growth Forecasts Clash With Climate Goals, Study Says
Airline passenger counts will more than double within 25 years, and more flights will mean more global carbon emissions, an advocacy group warned at a major industry conference.Inc. - 2d -
Starmer aims to refocus attention on growth after hit from markets
UK PM pledges to be ‘best state partner’ for AI companies as he faces ominous economic and political backdropFinancial Times - 3d -
What's the CD interest rate forecast for 2025?
Planning to open a CD account? It may help to know where experts say CD rates could head this year.CBS News - 3d -
California fires weather forecast: High winds could cause explosive fire growth
Higher humidity and lighter winds are forecast late in the week and into the weekend.ABC News - 3d -
Jamie Dimon on the economy
As chairman and CEO of JPMorgan Chase, the largest bank in America, Jamie Dimon has said he's "cautiously pessimistic" about the economy. He explains to "60 Minutes" correspondent Lesley Stahl how ...CBS News - 4d -
Dangerous wind gusts forecasted as LA wildfires rage on
NBC’s Angie Lassman tracks the latest forecast for Southern California including the expected return of the dangerous Santa Ana winds.NBC News - 4d -
Biden delivers remarks on the economy
Watch live coverage as President Biden delivers remarks on the economy from the White House. This comes as the U.S. economy added 256,000 jobs in December, according to a Bureau of Labor Statistics ...NBC News - 5d -
Global 2025 Growth Forecast at Modest 2.8 Percent
An annual United Nations report said the economic year ahead will feature stable, but subpar expansion.Inc. - 5d -
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Whitehall braced for spending cuts after UK hit by bond market turmoil
Rising gilt yields mean government departments may face further squeezeFinancial Times - 6d -
U.N. Raises Global Growth Forecast, but Warns of Potential Inflation Risks
An increase in trade barriers would likely reignite price pressures, the organization says ahead of Trump’s plan to impose new tariffs.The Wall Street Journal - 6d -
M&S Christmas cheer hit by uncertain outlook for UK
Festive food sales jumped but the retailer is concerned about the British economy.BBC News - Jan. 9 -
Civil servant long-term sickness hits post-pandemic high in UK
Ministry of Justice was department with highest average length of absenceFinancial Times - Jan. 9 -
Latest weather forecast as massive California wildfires spread
The strong winds fueling the wildfires in Los Angeles County spread quickly and led to thousands of evacuations. CBS News Los Angeles teams break down how the fires took over, and CBS News Bay Area ...CBS News - Jan. 8 -
UK 10-year borrowing costs hit highest level since 2008
Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rulesFinancial Times - Jan. 8 -
Winter Storm Forecast to Bring Snow and Ice to Texas
Just after the season’s first major winter storm, snow and ice are set to sweep across Texas and into the Carolinas this week.The New York Times - Jan. 7 -
The latest forecast covering the UK
BBC weather presenter Darren Bett has the latest UK forecast for Tuesday.BBC News - Jan. 7 -
UK long-term borrowing costs hit highest level since 1998
Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rulesFinancial Times - Jan. 7 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7 -
Snow and ice warnings remain after floods hit UK
The Met Office says wintry weather is expected to bring icy roads and travel delays across the UK.BBC News - Jan. 7 -
UK financial regulator failed to uphold rules for handling FOI requests, review finds
Report calls for Financial Conduct Authority staff to be retrained and adds to mounting criticism of watchdogFinancial Times - Jan. 7 -
UK retail sales growth ‘minimal’ in final quarter of 2024, data shows
BRC survey suggests consumers stayed cautious during what is usually busiest time of yearFinancial Times - Jan. 7 -
Less than 0.1% of U.S. minors take gender-affirming medication, study finds
A new study in the journal JAMA Pediatrics found that less than 0.1% of adolescents in the U.S. were prescribed puberty blockers or gender-affirming hormones.NBC News - Jan. 6 -
See the latest forecast covering the UK
The BBC's Carol Kirkwood explains what the next few days will look like across the UK.BBC News - Jan. 6 -
More snow, ice and rain to hit UK, as flood warnings issued
Rain warnings are in place for southern England and south Wales, with flood warnings issued as snow melts due to milder temperatures.BBC News - Jan. 6 -
Burning waste is not the way to move the UK towards a circular economy | Letters
A recycling target of 65% by 2035 won’t stop our reliance on incineration. The key lies in eco-design. Half of England’s waste is now being burned, at astronomical expense to local councils (“ ...The Guardian - Jan. 5 -
What to expect in 2025 if economist forecasts are as bad as usual
Nobody has a crystal ball, and that’s demonstrated every year when Wall Street’s professionals hazard a guess on what to expect for the following year.MarketWatch - Jan. 4 -
Can the creative industries add stardust to UK’s stalling economy?
Ministers look to booming sector as wider growth loses momentumFinancial Times - Jan. 3 -
UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - Jan. 3 -
Problems with UK economy data could be widespread, warns lawmaker
Meg Hillier highlights damaging consequences of under-investment in key forecasting systemsFinancial Times - Jan. 2