OECD cuts UK growth forecasts as Reeves grapples with weak economy

UK economy shrinks unexpectedly in blow to Rachel Reeves

ONS data showing 0.1% fall in GDP in January comes less than two weeks before chancellor’s spring statement. Analysis: Shrinking economy an unhelpful backdrop for Reeves’s growth push The UK ...

The Guardian - 4d

FirstFT: OECD cuts global growth forecast

Also in today’s newsletter, Trump and Putin to hold Ukraine talks and Netanyahu plans to sack Shin Bet chief

Financial Times - 1d

Reeves to outline plan to cut regulation costs and boost growth

Chancellor will meet regulators after calling for action to restrict their scope in bid to save businesses billions. Rachel Reeves will meet UK regulators on Monday after calling for more action to ...

The Guardian - 1d

Global economy takes centre stage

OECD updates growth forecasts, a clutch of central banks set interest rates and the IOC picks a new Olympics president

Financial Times - 2d

Trump trade wars are slowing global growth and fuelling inflation, says OECD

Economic organisation downgrades forecasts for growth in UK as well as US, Canada and Mexico due to tariffs. Business live – latest updates Donald Trump’s trade wars are splintering the global ...

The Guardian - 1d

Trump’s trade war will damage global growth, OECD warns

Forecasts downgraded for a dozen G20 economies and alarm sounded on ‘ratcheting up’ of trade barriers

Financial Times - 1d

Rachel Reeves: turning a weak economy into a strong hand

Chancellor wins plaudits from Tories for tough spending decisions but cabinet colleagues grow uneasy

Financial Times - 4d

U.S. and global economic outlooks cut by OECD as Trump's trade tariffs weigh on growth

"A series of recently announced trade policy measures will have implications for the economic outlook if sustained," the OECD said.

CNBC - 1d

The U.S. growth outlook was just cut by the OECD on uncertainty and tariffs

The U.S. economic growth outlook — and even more so, Canada’s and Mexico’s — was lowered on Monday by the Organization for Economic Cooperation and Development due to policy uncertainty and the ...

MarketWatch - 1d

UK economy unexpectedly contracted 0.1% in January

Figure underscores challenge for chancellor Rachel Reeves ahead of high-stakes Spring Statement

Financial Times - 4d

Bond market strains intensify for Reeves as investors await OBR’s verdict

Fiscal watchdog’s preliminary forecasts based on UK borrowing costs exclude recent rise in gilt yields

Financial Times - 5d

UK economy unexpectedly shrinks in January, in blow to Treasury chief ahead of key statement

The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key statement about the state of the public finances later this month

ABC News - 4d

Trump’s Trade War Will Slow Global Economic Growth, OECD Says

Growth outlooks in the United States and several other countries are projected to slow this year and next, as uncertainty on trade and economic policy takes their toll.

The New York Times - 1d

Tate cuts almost a tenth of staff as it tackles deficit

UK arts institution tries to break even ahead of fundraising rounds designed to drive growth

Financial Times - 4d

Reeves meeting regulators in drive to cut red tape

The chancellor will unveil plans to cut bureaucracy as the government continues its bid to slash red tape.

BBC News - 1d

NOAA and National Weather Service job cuts raise concerns about forecasts

A hurricane modeling specialist fired from the National Weather Service said progress on forecast accuracy may "go backwards" if job cuts continue.

CBS News - 6d

US shoppers cut spending as economic outlook concerns mount

Tariffs, market volatility and political uncertainty threaten to undermine key driver of growth in world’s largest economy

Financial Times - 2d

Reeves to restrict UK competition watchdog’s merger investigations

Chancellor wants probes by the Competition and Markets Authority to be faster and more predictable

Financial Times - 1d

Economists forecast slowing US growth and increased inflation

Also in today’s newsletter, US’s campaign against the Houthis and the man moving Meta to the right

Financial Times - 5h

UK economy unexpectedly shrank by 0.1% in January

The U.K.'s economy unexpectedly shrank by 0.1% in January, official figures showed on Friday.

CNBC - 4d

What will be in the chancellor's Spring Statement?

Chancellor Rachel Reeves will give more detail about the government's plans for the economy.

BBC News - Mar. 9

China unveils plan to ‘vigorously boost’ weak consumption

Policymakers seek to spur demand as economy battles deflationary pressure

Financial Times - 1d

Reeves promises to scrap ‘unnecessary’ financial market reporting rules

UK chancellor to ease requirements on how much data companies have to provide

Financial Times - 6h

UK economy shrank unexpectedly in January

A slowdown in manufacturing was one of the main reasons for the dip, the Office for National Statistics says.

BBC News - 4d

Rachel Reeves insists changes to welfare needed

Labour MPs have been expressing unease about the proposed cuts to welfare, ahead of announcements next week.

BBC News - 4d

Fed likely to pause rate cuts with clouds gathering over the economy

The Federal Reserve is unlikely to cut interest rates this week despite growing concern about the state of the U.S. economy and the impact of President Trump’s trade agenda. Markets are expecting ...

The Hill - 8h

Treasury Secretary Bessent says he’s not concerned about the current stock market volatility

Bessent downplays signals of weak first-quarter economic growth

MarketWatch - 5d

‘Game changer’: German spending plans lift bond market’s growth forecasts

Chancellor-in-waiting Merz’s promise to do ‘whatever it takes’ pushes Bund yields sharply higher in anticipation of more issuance

Financial Times - Mar. 8

IfW Kiel ties German growth forecast for 2026 to defence spending

Yahoo News - 5d

UK economy shrinks in January; stocks and euro jump on German debt deal – as it happened

UK economy unexpectedly contracts by 0.1% in January in blow to the chancellor ahead of spring statement; Friedrich Merz declares: ‘Germany is back’. Let’s look at the GDP figures in more detail.. ...

The Guardian - 4d

Tech partnership can make US, UK economies great again

We need to think MEGA – Make our Economies Great Again – for all our prosperity and security.

The Hill - 1d

5 risks facing the US economy under Trump

The fundamentals of the U.S. economy are in good shape, with low unemployment and robust growth in recent quarters. But warning signs have been flashing and markets have been sliding amid policy ...

The Hill - 5d

Japan revises fourth-quarter GDP lower, complicating BOJ's interest rate outlook

Japan's economic growth slowed to 2.2% on an annualized basis in the fourth quarter as the country grapples with tepid domestic demand.

CNBC - Mar. 11

Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl

Dick's Sporting Goods issued weak guidance for 2025 as consumers contend with tariffs, persistent inflation and fears around a potential recession.

CNBC - Mar. 11

The looming budget question: Will Medicaid cuts fund tax cuts?

Republicans should focus tax cuts on middle-income and lower-income households that would provide greater support to the economy than tax cuts for the wealthy.

The Hill - 3d

U.S. payroll growth totals 151,000 in February, less than expected

Nonfarm payrolls were expected to increase 170,000 in February, according to the Dow Jones consensus forecast.

CNBC - Mar. 7

Stocks tank and egg prices soar under Trump | Lloyd Green

Once again, the American economy is under the gun and under a microscope. In 2016, voters in the UK opted to leave the European Union hoping that the day after would deliver something better. ...

The Guardian - 6d

UK weather: temperatures in southern England could hit 19C this week

Some areas forecast to have warmer weather than Ibiza and Corfu on Thursday’s spring equinox. Parts of the UK are expected to be warmer than Ibiza and Corfu this week on the first official day of ...

The Guardian - 2d

Americans confront GOP lawmakers over federal job cuts and economy at town halls

Republicans in Congress are facing backlash at town hall events as voters voice concerns over deep federal job cuts and the state of the economy under President Trump and Elon Musk's policies. Some ...

CBS News - 4d

OECD cuts UK growth forecasts as Reeves grapples with weak economy

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