Eshe Nelson
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European Central Bank Cuts Interest Rates as the Economy Weakens

The bank has been lowering rates since June as inflation slowed, but other risks are growing, including the threat of higher tariffs promised by President-elect...

Britain’s Flawed Jobs Reports Leave Economists ‘Second-Guessing’

Officials are grappling with an incomplete picture of Britain’s labor market as the national statistics agency strains to improve data quality.

Guardian Confirms Sale of The Observer to Tortoise Media

The Guardian Media Group said it had struck a deal to sell The Observer to Tortoise Media, shortly after a 48-hour strike by journalists had...

Guardian Journalists Strike Over Planned Sale of The Observer

Workers have begun a 48-hour walkout, the first in 50 years for the outlet, over a proposal to sell The Observer to Tortoise Media, a...

Bank of England Cuts Interest Rates, but Warns Inflation Will Fall Slowly

The central bank said that future cuts would be gradual after spending increases were introduced in the government’s new budget.

U.K. Budget Makes a Big Bet on Spending for Growth

The Labour Party is betting that extra spending on public services and more investment will eventually revitalize the country’s stagnant economy.

UK Budget: Labour Party to Raise Capital Gains and Inheritance Taxes

Rachel Reeves, the new finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.

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...

Britain Braces for ‘Painful’ Budget Meant to Recharge the Economy

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...

ECB Cuts Interest Rates Again as Eurozone Inflation Slows

Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.