UK pay growth rises 6% despite job loss warnings after Reeves’s budget Unemployment rate unchanged in three months to December, while vacancies increased in January
Strong wage growth gives Bank of England interest rate dilemma Quick cuts unlikely because persistently high pay rises will probably be deemed inflationary
How Spain’s radically different approach to migration helped its economy soar As immigration has increased, GDP has surged and unemployment has fallen to lowest level since 2008
‘We must avoid a chilling effect’: the CMA chief on the UK’s pro-growth shift Sarah Cardell says role of competition regulator remains the same but it must be wary of perceptions
European defence stocks rise by €18bn to record high ahead of Ukraine peace talks – as it happened Shares in BAE Systems, Rheinmetall and Saab soar, as Keir Starmer offers to put British ‘boots on the ground’ in Ukraine
‘It comes from racism’: immigrant workers on Trump’s deportation push The president’s actions have sent a wave of terror through the community that underpins much of the US economy
UK marketplace sellers face ‘second Brexit’ hit from Trump’s US import rules End of ‘de minimis’ policy for Chinese goods also expected to hit bigger online fashion retailers such as Asos and Boohoo
Trump policies make US ‘scary place to invest’ and risk stagflation, says Stiglitz Uncertainty created by tariffs and contempt for rule of law will deter investment, says top economist
Reeves warned UK inflation will push public sector unions to seek higher pay rises Plan for ‘reasonable’ 2.8% rises may prove insufficient, forcing chancellor to find billions in extra funding
UK firms mull biggest layoffs in a decade as business confidence slumps Impending tax rises from autumn budget fuel collapse in sentiment and rising redundancy intentions, surveys show
The RBA is expected to cut rates on Tuesday. Will Australia enter a new economic era, and what happens if it doesn’t? The money is on a rate cut but chatter about US tariffs imposed by Donald Trump could interrupt the predicted cycle
Forget Trump’s tariffs, the president’s bond market threat is worse Elon Musk’s crazed takeover of America’s financial plumbing risks shattering confidence in US institutions and in turn global financial stability
Trump has left a void that the EU and Britain must fill together America is in retreat from its underappreciated good works around the world. Europe needs to act – and Brexit only hinders this essential response
Rachel Reeves has three options to dodge an economic crisis and all are unthinkable As her £9.9bn of headroom evaporates, chancellor will have to raise taxes, cut spending or break ‘iron-clad’ fiscal rules
Chill of inflation threatens Britain again after Europe’s long, hard winter Demand for fuel has pushed gas prices up – but peace in Ukraine could flood the market and change everything