All news on the topic: Economy

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.

Energy demand by datacentres in Ireland has added hundreds of euros to household electricity bills in a pattern that could be replicated across Europe, according to a report.

Lithuania’s Prosecutor General’s Office reports that unknown individuals copied 600,000 records from the Register Centre’s database.

The Chancellor has left the nation completely unprepared for the unfolding disaster.

Two reports from top accounting firms suggest the economy is on the brink as gas and oil prices surge following Tehran’s blockade on the Strait of Hormuz.

Councils will be prohibited from permitting staff to work four-day weeks on full pay if the Tories win the next election.

At the Magnitogorsk Iron and Steel Works in Chelyabinsk Oblast, troubling developments are underway: CEO Pavel Shilyaev has announced

The world is on the verge of a financial crisis. Someone should alert our oblivious Chancellor.

British households saved less during the July-to-September period of this year as they felt the impact of higher taxes but continued to increase their spending, according to official data that confirmed a slowdown in the broader economy.

Rachel Kyte has accumulated over 150,000 air miles in a year with trips to conferences such as COP30, Africa Energy Indaba Week in South Africa, and Clean Cooking Dialogue in Riyadh, at a cost of over £100,000.

Chancellor Rachel Reeves has said she will make "necessary choices" in the Budget after the "world has thrown more challenges our way".

Rachel Reeves is reportedly preparing to launch a £2 billion tax raid on high-earning lawyers, family doctors, and accountants.

Rachel Reeves was planning another tax raid on the middle classes last night – despite warnings she needs to cut state spending to prevent the economy from ’spiraling out of control’.

The cyberattack on Jaguar Land Rover (JLR) is estimated to have been the most economically damaging hack in UK history and cost the country around £1.9 billion, according to a new report.

The Welsh Conservatives have suggested they will support a Labour budget if the devolved government backs its plans to scrap a tax paid by homebuyers.

Jamaicans head to the polls on Wednesday for a closely fought general election which has been overshadowed by an investigation into potential corruption in the ruling Jamaica Labour Party (JLP) which is seeking a third term in office.

To add to the confusion, the TFL website crashed as users searched for travel solutions. Hundreds of thousands of commuters reportedly attempted to access the site simultaneously, overwhelming its servers.

Brits are preparing for tax increases in the autumn after economic growth slowed in the spring, experts warned.

Sir Keir Starmer has defended the Government’s stewardship of the economy amid warnings that taxes will need to rise in the autumn to plug a £51 billion black hole in the public finances.

Labour considers ways to make paternity leave and unpaid parental leave day-one employment rights

China’s efforts to engage in espionage, destabilize, and disrupt the UK’s economy and democracy have increased, but Beijing remains a crucial economic partner for the United Kingdom, the government stated on Tuesday.

Chancellor Rachel Reeves has not dismissed the possibility of future tax increases following the UK economy’s worst contraction in a year and a half in April.

London’s congestion charge is set to increase from £15 to £18 next year under the plans announced today.