Economics

A fortnight ago the UK economy was looking up; then Omicron arrived | Larry Elliott

Like the government with Covid, the Bank of England faces a wait-and-see versus no-risk dilemma on interest rates

Larry Elliott

05, Dec, 2021 @2:56 PM

Is action man Gove up for a daring investment adventure?

The head of ‘levelling up’ should be on a mission to direct funds to struggling areas – but No 11 is a strong adversary

Phillip Inman

04, Dec, 2021 @5:00 PM

Poor countries mustn’t open up economies until they are strong | Letters

Letters: Only after building strong industries can countries safely open up to international competition, says Richard Ross, and power imbalances are keeping people poor, writes Benny Dembitzer

Letters

03, Dec, 2021 @6:34 PM

Look at Omicron data before any interest rate rise, says Bank policymaker

MPC member and rate rise supporter Michael Saunders says more time is needed to study effects of new Covid variant

Richard Partington Economics correspondent

03, Dec, 2021 @4:44 PM

Ofgem to review response to Storm Arwen, removes compensation cap for power-cut homes – as it happened

Ofgem says 10,500 homes still without power after Storm Arwen, as markets continue their rollercoaster ride owing to Omicron

Julia Kollewe

03, Dec, 2021 @3:13 PM

US adds 210,000 jobs in November ahead of discovery of Omicron variant

Total is less than half the growth that economists expected while unemployment rate dropped to 4.2%

Dominic Rushe

03, Dec, 2021 @1:44 PM

Opec+ agrees to increase oil output; UK household wealth soars; Omicron worries hit markets – as it happened

Rolling coverage of the latest economic and financial news

Graeme Wearden

02, Dec, 2021 @5:32 PM

Regardless of the official rules, Omicron is hurting hospitality | Larry Elliott

Omicron’s arrival highlights how each wave of Covid-19 embeds structural changes in the way the economy works

Larry Elliott

02, Dec, 2021 @4:59 PM

FTSE 100 posts biggest rise since July; Darktrace and Johnson Matthey to leave in reshuffle – as it happened

Rolling coverage of the latest economic and financial news

Graeme Wearden

01, Dec, 2021 @6:46 PM

EU launches €300bn fund to challenge China’s influence

Global gateway infrastructure strategy aims to counter belt and road initiative impact in Asia, Africa and Europe

Jennifer Rankin

01, Dec, 2021 @4:45 PM

OECD warns Omicron variant could derail world economy

Fears variant will amplify shortages, driving up inflation, or even force repeat of earliest phase of pandemic