Inflation and its consequences for growth are a growing concern for countries where memories of the 2022 energy crisis are ...

The surge in UK gilt yields on the back of the Iran war could cost Chancellor of the Exchequer Rachel Reeves more than a 10th of her fiscal buffer by increasing the cost of servicing government debt, ...

Global growth is projected at 3.0 percent for 2025 and 3.1 percent in 2026, an upward revision from the April 2025 World Economic Outlook. This reflects front-loading ahead of tariffs, lower effective ...

Central banks in late 2021 kicked off the steepest and most coordinated series of interest rate hikes in four decades to contain the postpandemic inflation outbreak (see Chart 1). Many economists ...

Chancellor of the Exchequer Rachel Reeves said she is drawing up plans to give regional leaders in the UK control of some national tax revenues, as part of her push to raise economic growth across ...

Three charts show the extent of the U.K. government's borrowing woes.

By Andy Bruce MANCHESTER, England, March 20 (Reuters) - Britain's government borrowed a lot more than expected in February, in part due to the erratic timing of debt interest payments, before the ...