Neil Behrmann

Workers outside the headquarters of the Bank of England in London. The central bank is expected to cut rates to around 3.25 per cent this year.
OUTLOOK 2026

UK economy expected to grow 1.4% in 2026 despite weaker unemployment

The euro zone’s GDP is forecast to slow just slightly to 1.2% this year and inch upwards to 1.4% in 2027, said...

Reeves has maintained that she needs to show the markets that the UK government is fiscally prudent and needs to raise £30 billion to balance the books.
NEWS ANALYSIS

All eyes on UK’s Reeves and her tax moves at Nov 26 Budget

If the Chancellor raises income tax rates, it would be a major U-turn of the Labour Party’s 2024 election promises

De Beers and other major players in the global gems industry are about to launch a marketing blitz in an attempt to boost the sales of natural diamonds.

Struggling natural diamond industry seeks to rediscover sparkle

Lab-grown diamonds account for nearly half of all engagement ring purchases worldwide in 2024

Ray Dalio, founder of Bridgewater Associates LP, speaks during the Milken Institute Asia Summit in Singapore, on Wednesday, Sept. 18, 2024. The size of the Federal Reserve's interest rate cut this week won't be a game changer for global investors, though risks from China's slowdown continue to weigh on their minds, according to participants at the regional forum. Photographer: Ore Huiying/Bloomberg
NEWS ANALYSIS

Why the UK stock market and pound continue basking in sunshine of global bull market

The persistent weakness of the US dollar has been spurring the currency and UK equities since January

British Prime Minister Keir Starmer says the new trade agreements with India, the US and the EU show that the UK  is back on the world stage.
NEWS ANALYSIS

Trio of trade deals marks UK’s return to the world stage

The accord with India is more detailed and economically significant than the one with the US, say analysts

In December last year, the UK officially joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). With the UK on board as the first non-founding member, the CPTPP now spans five continents and nearly 600 million people.

UK to reap CPTPP benefits with strong focus on Asia: official

As a whole, the 12-member grouping’s GDP is nearly £12 trillion or 15% of the world’s total

Pedestrians in the City of London on Dec 23, 2024.  Fundraising from London’s IPOs fell by about 9 per cent in 2024 to US$1 billion.
NEWS ANALYSIS

From tax incentives to simplified rules, City of London needs fresh ideas to attract investment

Fundraising from London’s initial public offerings fell by about 9 per cent in 2024 to US$1 billion

British Chancellor of the Exchequer Rachel Reeves says the government has to do more in order to grow the sluggish economy.
NEWS ANALYSIS

Faced with almost stagnant economy, UK’s Reeves promises all-out effort to kick-start growth

[LONDON] British Chancellor of the Exchequer Rachel Reeves had hopes that investments in key areas such as green infrastructure and construction would...

British Prime Minister Keir Starmer has outlined six milestones that he wants voters to use in order to hold his government to account during this first term.
NEWS ANALYSIS

UK’s Starmer seeks confidence boost as economy poised to expand by 2% in 2025

Economists agree that the PM must fulfil his election promise to win over a fickle electorate

US president-elect Donald Trump (left) with French President Emmanuel Macron (centre) and Ukraine President Volodymyr Zelensky in Paris. Trump has said he can end the conflict quickly after he takes office in January.
NEWS ANALYSIS

Trump’s big promise to reach peace deal with Putin to end Ukraine war is questionable

The World Bank estimates the total cost of reconstruction and recovery in Ukraine to be US$486 billion over the next decade