“The failure of economists to forecast recessions is virtually unblemished,” notes Prakash Loungani, assistant director at the International Monetary Fund (IMF). This includes the economists at the IM

How’s the trade war going? Short answer: as badly as expected. Capricious tariffs have shown the rest of the world that the US cannot be trusted. And they have pushed trading partners away and closer

The new “toys for tots”, or so-called “Trump Accounts” savings programme announced by Donald Trump set our mind spinning. The idea is that the federal government will place $1,000 in an investment acc

It was the year that Donald Trump caused chaos with tariffs, Elon Musk took a chainsaw to the US government, Angela Rayner was forced to resign, and Gary Lineker left the BBC. Here we take a look at some of the people who made the headlines in 2025

There is good news and bad news about the prospects for the UK economy. First, the good news. The UK’s problems are relatively easily solved. A lot of money is pointlessly being thrown down the drain

Zipcar reverses out of Britain: Zipcar, the car-sharing group owned by US rental company Avis Budget, is leaving the British market. The UK unit swung to a £4m operating loss in 2024 from a £303,000 p