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Economy
The Economy section of Info-Today covers the latest developments in European and global economic affairs. Readers can follow inflation trends, central bank decisions, employment data, trade policies, public finances and market movements affecting businesses and households across Europe. Our coverage includes expert analysis, forecasts and key indicators shaping growth and financial stability.
Burnham demands radical rethink on Thames Water amid pledge to bring essentials into public hands
Prime Minister Andy Burnham orders officials to produce bolder plans for Thames Water as part of his public-control agenda.
UK Steel Industry Loses Ground as Power Prices Surge Above French Rivals
Analysis shows British steelmakers pay almost £30/MWh more than French peers, the largest gap in three years amid rising global gas prices.
BoE Governor Walks Out of IMF Session in Bangkok as Russian Minister Speaks
Bank of England governor Andrew Bailey and several European counterparts left an IMF session in Bangkok when Russia's finance minister addressed the group.
Healey urges pro-growth case for Heathrow third runway as government weighs consultation
Chancellor John Healey highlights growth case for a third runway at Heathrow while the government reviews consultation responses.
Healey to Target Banks in October Budget to Repair War-Scarred Finances
Chancellor John Healey plans to target banks in his 28 October budget to help repair public finances hit by the Middle East conflict.
US inflation jumps to 3.7% in September, complicating midterm landscape for Republicans
September inflation rose to 3.7%, the final pre-midterm reading, intensifying voter concern over the cost of living.
High street leaders press chancellor to ease cost of hiring young people
Major retailers met Chancellor John Healey to press for lower employers' national insurance to reduce the cost of hiring young people.
IMF Signals Strain Ahead as Oil Reserves Fall and Public Budgets Tighten
The IMF cautions that depleted emergency oil stocks and stretched public finances leave the global economy vulnerable despite recent resilience.
Shein Overtakes Asos as UK Revenue Reaches £2.58bn
Shein's UK revenue rose 26% to £2.58bn, overtaking Asos and intensifying scrutiny of small-parcel duty rules and retail competition.
Oil jumps 5% as Middle East tensions and US hurricane threat unsettle markets
Oil rises 5% to $105.3 as Middle East tensions and a US hurricane threat spur a sell-off in bonds and stocks.
Weston family’s Wittington invests $8.9bn to take Boots back into family ownership
Wittington Investments acquires Boots for $8.9bn, taking control of UK and Irish stores, opticians and the No7 brand from long-term backer Stefano Pessina.
ASOS investigates unauthorised app access after shoppers warned of data compromise
ASOS investigates unauthorised access to its app; basic customer details may be exposed while payment data appears safe, shares fell nearly 10%.
BT purchases TalkTalk from administration in £400m deal, securing 900 jobs
BT will buy TalkTalk and wholesale arm PlatformX for £400m, preserving 900 jobs and taking on 1.5m customers amid industry concern.
North Sea Workers Vote to Strike, Threatening UK Fuel Deliveries
A planned strike by North Sea oil workers after failed pay talks could disrupt UK fuel deliveries, the union warns amid tensions with Apache.
OpenAI safety lead resigns, warning company culture is ‘broken’
A senior safety researcher at OpenAI has resigned, calling the company's culture broken and urging more caution in AI development.
U.S. Payrolls Stall in September as Unemployment Inches Up Ahead of Midterms
U.S. employers added 29,000 jobs in September; unemployment rose to 4.2% in final jobs report before the midterm elections.
Global bond rout pushes US yields to 24-year high as UK long rates spike
A global bond sell-off lifts 10-year US yields to a 24-year peak and sends UK 30-year yields above 6%, stoking inflation and fiscal concerns.
UK income figures revised up as data show economy holding firm ahead of budget
Official revisions show UK income per head rose 1.1% in H1 as GDP was revised up, underpinning expectations ahead of the budget.