Economy
Latest articles and news in Economy
EconomyUK and EU Agree Deal to Remove Brexit Food Checks
By Basant El-Faramawy The European Union and the United Kingdom have finalized an agreement to eliminate Brexi...
EconomyKellogg's Drops Rice from Rice Krispies Due to Climate Crisis
By Salma El-Sakka Kellogg’s has reformulated its Rice Krispies and Coco Pops cereals, removing rice from the i...
EconomyGovernment Proposes Guided Retirement for Private Pension Savers
By Salma El-Sakka The UK government has launched a consultation on a "guided retirement" scheme aimed at givin...
EconomyRBA Lifts Cash Rate to 4.85%, Fifth Hike in 2026
By Karim Hammam The Reserve Bank of Australia raised the official cash rate to 4.85% on Tuesday, an 18-year hi...
EconomyAnthropic Says It Could Soon Cross Major AI Threshold
By Salma El-Sakka Anthropic has warned in updated regulatory filings that it could imminently reach a mileston...
EconomyDubai Launches New Visa Platform and Membership Club to Boost Tourism
By Sohaib Shams Dubai has unveiled two new digital initiatives aimed at simplifying visa applications and rewa...
EconomyKellogg's Removes Rice from Rice Krispies and Coco Pops Over Weather Impact
By Sohaib Shams Kellogg's has reformulated Rice Krispies and Coco Pops, removing rice from the ingredients due...
EconomyVirgin Media O2 to Cut Thousands of Jobs in £800m Cost-Cutting Plan
By Basant El-Faramawy Virgin Media O2 announced a major restructuring that could eliminate up to 25% of its 16...
EconomyPrimark Owner ABF Reports 14% Profit Drop, Plans Demerger
By Islam El-Sakka Associated British Foods (ABF), the owner of discount retailer Primark, has warned it remain...
EconomyUK Eases Child Trust Fund Access for Young Adults Without Mental Capacity
By Sohaib Shams The UK government will introduce legislation to simplify access to child trust funds (CTFs) fo...
EconomyUS Job Openings Surge in September, Signaling Hiring Pickup
By Salma El-Sakka U.S. employers significantly increased job postings in September, suggesting that stronger e...
EconomyTrump's Economic Promises Clash With Soaring Living Costs, Poll Shows
By Fatma Younis A new poll indicates that the soaring cost of living has become the decisive issue for America...
EconomyUK businesses still struggle with Brexit red tape, BCC says
By Islam El-Sakka British businesses continue to face significant bureaucratic hurdles when trading with the E...
EconomyPrimark Owner ABF Reports 14% Profit Drop Amid Inflation Concerns
By Karim Hammam Associated British Foods (ABF), the owner of Primark, reported a 14% decline in adjusted pre-t...
EconomyAsda Appoints Former Morrisons CEO David Potts as New Chief Executive
By Islam El-Sakka Asda has appointed former Morrisons chief executive David Potts as its new chief executive w...
EconomyExpert Tips to Keep Home Warm and Cut Energy Bills This Autumn
By Ahmed Abdelsalam After a scorching summer, the focus is shifting to keeping homes warm ahead of colder weat...
EconomyKellogg's Removes Rice from Rice Krispies, Coco Pops Over Weather Conditions
By Salma El-Sakka Kellogg’s has removed rice from its Rice Krispies and Coco Pops cereals after “changing weat...
EconomyChipotle Rewards Overhaul Boosts Loyalty Members to 24 Million
By Salma El-Sakka Chipotle's overhauled loyalty program has driven membership to 24 million by September, acco...
EconomyVirgin Media O2 to Cut Thousands of Jobs in £800m Cost-Saving Plan
By Sohaib Shams Virgin Media O2 has confirmed plans to axe thousands of UK jobs as it targets annual cost savi...
EconomyMidterm Candidates' Inflation Plans Evaluated by Economists
By Fatma Younis With midterm elections days away, candidates across the country have put forward a range of pr...
EconomyAsda Appoints Former Morrisons Boss David Potts as CEO
By Fatma Younis Asda has named David Potts as its new chief executive officer. Potts previously served as the ...
EconomySpaceX in Talks to Acquire Boost Mobile for Starlink Mobile Service
By Salma El-Sakka SpaceX is discussing a potential acquisition of Boost Mobile, the prepaid wireless brand own...
EconomyRising Healthcare Costs Worry Voters Ahead of Midterm Elections
By Islam El-Sakka As Americans prepare to vote in Tuesday's midterm elections, rising healthcare costs rank am...
EconomyRyanair Considers Pay Freezes and AI to Offset Fuel Cost Surge
By Salma El-Sakka Ryanair is reviewing potential pay freezes and increased use of artificial intelligence to c...
EconomyAsda Appoints Former Morrisons CEO David Potts as Chief Executive
By Karim Hammam Asda has appointed David Potts, the former chief executive of Morrisons, as its new chief exec...
EconomyUK Job Satisfaction Hits Record Low, Survey Finds
By Islam El-Sakka Job satisfaction in the United Kingdom has dropped to a record low, with one-third of worker...
EconomyInflation Surges in Key Senate Battleground States Ahead of Midterms
By Islam El-Sakka In several Senate battleground states, costs for gas, groceries, and housing are rising fast...
EconomyUK Unveils 'Guided Retirement' Plan for Private Sector Pensions
By Salma El-Sakka Millions of private sector workers saving into defined contribution pensions will be offered...
EconomyAustralia Raises Interest Rates to 18-Year High as Inflation Persists
By Fatma Younis Australia's central bank has lifted its benchmark interest rate to 4.85 per cent, the highest ...
EconomyCalifornia Voters Decide on First State Wealth Tax for Billionaires
By Fatma Younis Californians voted Tuesday on Proposition 40, a first-in-the-nation ballot measure that would ...
EconomyQuiet quitting trend may be hurting UK economy, report finds
By Salma El-Sakka The "quiet quitting" trend where employees do only the bare minimum may be contributing to t...
EconomyHotel Sector Overhauls Security After Travelodge Assault Case
By Ahmed Abdelsalam Hotels across the UK are tightening security protocols following a sexual assault at a Tra...
EconomyCash Withdrawals Hit Christmas Levels Amid 'Be Ready' Campaign
By Basant El-Faramawy Banks are reporting record cash withdrawals as the public responds to a government "be r...
EconomyMartin Lewis explains how new Starter ISA could boost first-time investors
By Salma El-Sakka Financial expert Martin Lewis has outlined how the government's proposed Starter ISA could p...
EconomyMartin Lewis Explains UK's New Starter ISA for First-Time Investors
By Basant El-Faramawy The UK government is considering a new Starter ISA aimed at first-time investors, accord...
EconomyNovember Premium Bonds Draw Date and Prize Checker
By Islam El-Sakka Millions of UK savers are awaiting the November Premium Bonds prize draw, which takes place ...
EconomyAndy Burnham Announces £700m Reindustrialisation Package
By Salma El-Sakka Greater Manchester Mayor Andy Burnham has unveiled a £700 million package aimed at driving r...
EconomyBinance Covers 90% of $6.3bn Hack Losses, FBI Blames North Korea
By Karim Hammam Binance, the world's largest cryptocurrency exchange by daily trading volume, said Saturday it...
EconomyUK Chancellor John Healey Introduces Preventative Spending Limit in Budget
By Sohaib Shams UK Chancellor John Healey's budget includes a new measure to ringfence preventative spending w...
EconomyUK Charity Shop Profits Plummet Amid Secondhand Market Shift
By Ahmed Abdelsalam Profits at some of the UK’s best-known charity shops have plummeted as the sector grapples...
EconomyTrump's Financial Record: Gains, Tariffs, and Cost-of-Living Crisis
By Sohaib Shams With the U.S. midterm elections days away, President Donald Trump faces voter backlash over th...
EconomyCity of London chief Ian Thomas named UK's most influential black Briton
By Karim Hammam The chief executive of the City of London Corporation, Ian Thomas, has been named the UK’s mos...
EconomyUS Jobs Data, Corporate Earnings Dominate Economic Calendar
By Salma El-Sakka The coming week will feature a slate of major employment reports and corporate earnings rele...
EconomyChina Manufacturing PMI Falls to 49.3 in October
By Sohaib Shams China's factory activity contracted in October, reversing a brief rebound in September, as new...
EconomyNorth Korea's Lazarus Group Suspected in $6.3 Billion Binance Hack
By Fatma Younis Two major blockchain analytics firms have identified North Korea's state-backed Lazarus Group ...
EconomyCanadian Town Fights to Save Paper Mill Amid Trump Tariffs
By Salma El-Sakka Residents of Témiscaming, Quebec, are racing to save their community's paper mill after U.S....
EconomyHalloween Chocolate Sales Drop on Cost, Health Concerns
By Basant El-Faramawy Seasonal chocolate revenue in the United States fell $33.1 million over the nine weeks e...
EconomyMedian US Bank Balance $8,200 in 2025, Education Biggest Factor
By Islam El-Sakka New data from the Federal Reserve’s Survey of Consumer Finances shows the median U.S. househ...
EconomyUK Retail Giants to Report Earnings Amid Spending Concerns
By Basant El-Faramawy Major UK retailers including Marks & Spencer, Primark, Next and Asos are scheduled to pu...
EconomyJet2 Unveils First Business Class-Only Plane
By Karim Hammam Jet2 has unveiled its first business class-only plane, offering an all-premium cabin for passe...