Economy
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The global economy: growth, inflation, jobs, trade, debt and the macro forces shaping every market on the planet.
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UK heatwaves wipe £4.4bn off output as productivity drops
Extreme temperatures have knocked £4.4bn off UK economic output this year, highlighting the escalating financial risks of climate change for businesses and policymakers.
2 min read · 12 Aug 2026
€US unexpectedly lost 23,000 jobs in July as slump in growth continues
Most Americans view rising living costs as biggest barrier to a better life, survey finds
Why is Russia selling its gold?
Healey urged to be bold on borrowing in first test of Burnham’s growth pledge
Trump administration has paid back 60% of $165bn in tariff refunds
Bank battle: history suggests Burnham faces fight if he opts for windfall tax
UK manufacturing growth picks up as Trump tariff chaos eases
Oil prices plunge and Europe’s stock markets rally after Trump calls off Iran strikes
Trump’s hypocritical new tariffs are a chance for the world to fight back | Joseph Stiglitz
Spain's wildfires: Counting the economic cost
The economic toll of Spain's wildfires
ECB to probe nature risks as ecosystem decline hits bank credit
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