News

Sri Lanka has confirmed that it has reached a deal with China, to restructure $4.2bn (£3.4bn) of debt. It has been trying to reach similar deals with a number of creditors to…

Tax cuts are being promised by several Conservative party leadership hopefuls, but a top official at the International Monetary Fund has warned it might be better to raise them instead….

Direct payments to help with the soaring cost of living are starting to be paid by the government into eight million people’s accounts. Low-income households on means-tested benefits will receive…

Prices in Turkey are rising at their fastest rate in 24 years, according to the latest official figures. The annual rate of inflation, the pace at which prices rise, hit…

The EU is expected to launch legal action against the UK government this week over its decision to scrap some post-Brexit trade arrangements. Ministers insist current checks on some goods…

Artificial intelligence (AI) could replace the equivalent of 300 million full-time jobs, a report by investment bank Goldman Sachs says. It could replace a quarter of work tasks in the…