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FORGOTTEN HISTORY: 46 | History Defined

PM warns it will take time to revive economy after weaker-than-expected growth

The Office for National Statistics estimated the UK economy grew in November by 0.1% after falling by 0.1% in both September and October.

Evening Standard

Weaker-than-forecast rebound in growth keeps Chancellor under pressure

The ONS estimated the UK economy grew in November by 0.1% after falling by 0.1% in both September and October.

Evening Standard

UK politics live: Labour announce rapid national grooming gang review in partial climb down as Musk responds

Home secretary’s announcement marks partial government climbdown on grooming gangs scandal

The Independent UK

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What is ASEAN and why are Asian countries like Japan and South Korea not part of it?

The bloc has a GDP of around $4.2 trillion and came up during a U.S. Senate hearing on Wednesday.

Fortune

UK’s economy grows for first time in three months - but less than expected

Gross domestic product (GDP) grew by 0.1 per cent in November, after falling in both September and October - but showed no growth in the three months to November

The Independent UK

Rachel Reeves hit by major new setback as 0.1% GDP growth disappoints

The growth will do little to ease fears of a possible technical recession for the UK economy over the winter

Evening Standard

FTSE 100 Live 16 January: Index rally continues, Burberry jumps after Richemont update

Fears of a technical recession were stoked today by figures showing the UK barely grew in November.

Evening Standard

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Reeves looking at regulatory reforms in search for economic growth

Chancellor Rachel Reeves said she wanted to ‘tackle the barriers to investment’ ahead of the latest monthly GDP figures and a meeting with regulators.

The Independent UK

German economy shrinks for second year in a row

First consecutive year of declining GDP since early 2000s highlights challenges facing next government

The Guardian - UK

UK borrowing costs have hit their highest level since the banking crisis. An economist explains what’s happening

UK borrowing costs have risen rapidly to their highest level since the banking crisis of 2007-08, with implications for the government’s tax and spending plans. Yields on gilts, as UK government bonds are called, have been rising – and these yields are effectively the level of interest that the government…

The Conversation

Trump talk can be 'destabilising,' says Lammy after US president elect didn't rule out invading Greenland

But the Foreign Secretary played down the prospect of a conflict between Trump’s America and Europe over Greenland

Evening Standard

Donald Trump’s rhetoric can be ‘destabilising’, David Lammy suggests

Mr Lammy told the BBC that he believes Mr Trump’s comments earlier in the week about Greenland come from his concerns about US economic security.

The Independent UK

Lammy laughs off Trump threat to grab Greenland: ‘It’s not going to happen’

Foreign secretary also hit back at Trump’s demands that the UK double its defence spending to 5 per cent of GDP

The Independent UK

If Greenland were for sale, what would it be worth? How to put a ‘price tag’ on a territory

It’s unlikely you’ve missed the story. In recent weeks, US President-elect Donald Trump has again repeatedly voiced his desire for the United States to take “ownership and control” of Greenland – an autonomous territory of the Kingdom of Denmark.

The Conversation

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Evening Standard

Ministers will always spend enough on defence, No 10 says amid Trump 5% GDP call

The president-elect has called for all members of the transatlantic alliance to more than double their defence commitment.

The Conversation

Fully recovering Australia’s threatened species would cost 25% of GDP. We can’t do it all at once – so let’s start here

Australia has already lost at least 100 species since European colonisation. Across land and freshwater habitats, 1,657 species are currently threatened with the same fate. Their populations have fallen 2-3% every year over the last quarter century.

The Conversation

China’s economy took centre stage in Xi’s new year address, spinning slow growth as a ‘remarkable’ achievement

Chinese president Xi Jinping delivered his annual televised new year address on December 31, and commentators have been quick to share their interpretation. Some have emphasised Xi’s passing reference to Chinese reunification as a threat against Taiwan. Others have focused on Xi’s comments about China’s economy, framing them as a…

Kiplinger

What's in Store for the Bull Market in 2025?

The current bull market recently turned two and most – but not all – Wall Street pros expect the party to continue in the new year.

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Al Jazeera

Taiwan struggles to reconcile climate ambitions and chip manufacturing

The island’s semiconductor industry represents one-quarter of GDP but is a major source of carbon emissions.

The Independent UK

Nato cannot defend Europe from Russia without the US, warn alliance’s frontline leaders

Leaders of Finland, Latvia and Estonia tell The Independent that Ukraine’s victory over Russia is vital to the defence of a poorly armed Europe

The Guardian - UK

‘It’s a huge problem’: what’s gone wrong at the ONS and why does it matter?

The UK’s number-crunching body is still playing catchup over job figures after the pandemic, with validity of survey data being questioned

Evening Standard

Lack of growth in UK’s latest GDP figures ‘deeply alarming’, says Swinney

The First Minister accused the UK Government of making ‘mistakes’ in its budget which will exacerbate the problem.

Fortune

How were so many economists wrong on whether we’d have a recession? Northern Trust’s Ryan Boyle points to 3 culprits

Recession red flags had a track record that “was never perfect, but they have really failed us during the past two years,” says Boyle.

Barchart

Stocks Set to Open Higher as Investors Assess Fed’s Rate Cut Outlook, U.S. Economic Data in Focus

March S&P 500 E-Mini futures (ESH25) are up +0.12%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.48% this morning, extending Friday’s solid gains after muted U.S. inflation data helped reignite Federal Reserve rate cut bets, while investors also awaited a fresh batch of U.S. economic data this week.

Barchart

Stocks Set for Muted Open as Bond Yields Climb, U.S. Economic Data in Focus

March S&P 500 E-Mini futures (ESH25) are down -0.05%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.11% this morning as Treasury yields climbed at the start of a holiday-shortened week, with investors looking ahead to a fresh batch of U.S. economic data.

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