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UN says Gaza struggling with most severe economic crisis on record

Gaza’s economy has collapsed to unprecedented levels, with GDP per capita falling to just 58 cents a day in 2025, according to the UN trade body.

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ECONOMY

UK ‘already in recession’ as Bank of England raises interest rates

The BoE on Thursday decided to increase the interest rate by 0.5 percentage points.

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ECONOMY

Watchdog: UK economy 'running on empty' as recession signals mount

​​​​​​​The UK economy is showing signs of stalling, as high inflation threatens a recession across the country, an industry watchdog survey has revealed.

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