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Economy / The Guardian

Trump turns trial into circus as Biden tries to focus minds on economy

As a slew of Republicans went to the hush-money trial to show their fealty to their boss, the president tried to rise above it Donald Trump last week turned his New York fraud trial into a political circus and a platform for his election campaign while Joe Biden struggled to persuade voters that theyre wrong about the economy. Trump engineered a parade of leading Republicans to demonstrate their allegiance outside the courthouse in downtown Manhattan even as his trial laid bare the swamp that is

19 May 2024 3:30 pm
If Putin wins in Ukraine, the British economy will be in the firing line | Phillip Inman

We and the EU must show the Russian leader we mean business and seize $300bn of his countrys central bank funds Vladimir Putin is digging deep to win the war with Ukraine. And it could be only months before the tide turns in his favour. If he pummels Ukraine into submission, a military victory will quickly become a wider economic disaster, which is why we underestimate at our peril how much we need to focus on the war. The Russian leader, who was inaugurated for a fifth term as president a fortn

18 May 2024 9:30 pm
How accurate are Jeremy Hunts claims about the UK economy?

Chancellor seems to cherrypick data as he tries to outline how the Tories have got the country back on its feet Jeremy Hunt called a press conference on Friday to outline why the electorate should trust the Conservatives with the economy, but some of his claims appear to have used cherrypicked facts and figures. He gave his speech just over a week after the shadow chancellor, Rachel Reeves, accused the Conservatives of gaslighting the UK over the state of the economy by presenting too rosy a pic

17 May 2024 10:09 pm
Will the Taylor Swift tour bring a 1bn boost to the UK economy?

Barclays analysis may be somewhat off the mark, but the megastar is tapping into a new trend in spending Taylor Swift has long been credited with an outsized influence on music, celebrity culture even politics. But reviving the UKs flagging economy may be too much to ask, even of the sequinned megastar. Research published by analysts from Barclays this week pointed to the extraordinary spending surge that ensues when Swift touches down, and suggested she could bring a 1bn boost to the UK. Conti

17 May 2024 7:03 pm
Japans economy shrinks faster than expected; BT in new 3bn cost savings push business live

Rolling coverage of the latest economic and financial news Elsewhere in the water industry, United Utilities has said it expects financial penalties due to flooding problems last year. United Utilities , which reportedly pumped millions of litres of raw sewage into lake Windermere earlier this year, has reported profit after tax of 127m for the year to 31 March. We are now absolutely focused on another record summer which is expected to deliver strong FY24 earnings growth and are on track to ach

16 May 2024 1:16 pm