All news on the topic: Economy

Britain’s economy could be sent into a recession next year if the crucial Strait of Hormuz remains closed into 2027 amid a prolonged Iran war, according to a report.

The number of millionaires in the UK has fallen to the lowest level since the financial crisis, according to new analysis.

The Russian President is preparing mass mobilisation across the country to recruit criminals including drug smugglers, murderers and mafia members for the frontline.

British Steel has been taken into public ownership in what the government said was a bid to "protect UK steelmaking".

Wealthy Britons are preparing to leave the country if Ed Miliband becomes chancellor and launches a new tax raid on the rich, The Telegraph can reveal.

Tony Blair’s think-tank has sounded a stark warning to Andy Burnham against crushing investment with ’wealth taxes’.

Standing on stage at the Great American State Fair, the carnival of July 4 celebrations held on the National Mall in Washington, Donald Trump declared that the United States was back.

Andy Burnham will stifle investment unless he sets out his tax plans and names a chancellor, the City has warned.

Given pressures on the public purse, the Makerfield MP may have to look at autumn tax rises to fund his ‘new direction’.

As America’s 250th anniversary approaches, Forbes is celebrating our own version of founding fathers (and mothers): the entrepreneurs behind what have become the largest family fortunes in the country.

Andy Burnham will set out plans for a ’No10 in the North’ in a speech outlining his vision to unleash what has been billed as the biggest shift of power away from London in modern history.

Sir Keir Starmer has signalled he is squarely focused on tackling the cost of living and remaining professional, despite turmoil at the top of Government.

Andy Burnham is considering a tax hike on the sale of shares and second homes as part of a radical new economic agenda, it has emerged.

Kemi Badenoch has criticized the outgoing Prime Minister and questioned whether he felt disappointed by his Chancellor, who was "too busy preparing for a selfie" with Andy Burnham.

Venezuela is set to reveal a $240bn debt pile, much higher than previously thought, as the country embarks on the biggest sovereign restructuring in history following the US removal of Nicolás Maduro.

The long-awaited defense investment plan will be published ahead of next month’s NATO summit, Downing Street has said, despite Sir Keir Starmer’s resignation as prime minister.

Andy Burnham is set to become the next Prime Minister within weeks – and will immediately be confronted with a daunting intray of problems facing the country.

Majority of respondents view Brexit negatively, with 59% describing it as a failure compared with 17% who consider it a success.

Despite promising to lead a different kind of government, Keir Starmer’s failure to deliver change has led to his early exit from No.10, writes Hannah White

The Pentagon has told senators it needs roughly $80 billion, mostly to cover the cost of the U.S. war against Iran, adding to what is already a sizable military spending boost being sought by President Donald Trump.

The UK will have rejoined – or be on the path to rejoining – the European Union by 2036, former Deputy Prime Minister Nick Clegg said on the tenth anniversary of the referendum.

Investors and business leaders are again navigating the kind of uncertainty that has dominated British politics since the Brexit vote a decade ago, after Prime Minister Keir Starmer resigned on Monday and threw open a leadership contest that will centre on any successor’s ‌plans for the economy.

Roy Hattersley, former deputy leader of the Labour party from 1983 to 1992, has died aged 93.

In a dimly lit television studio, one of Hungary’s richest men is on the verge of tears. It is early May, weeks after the general election that ended Viktor Orbán’s 16-year grip on power, and the advertising mogul Balásy Gyula has an announcement to make.

Amid the headlines focused on Keir Starmer’s struggle for his political survival, many may have overlooked the flurry of policy announcements his Government has made over the past few weeks.