Economy

Closing post Time to wrap up… Rachel Reeves will cut VAT to 5% on summer attractions such as…

Families to benefit from reduced VAT to help lower costs at theme parks, theatres, zoos, and museums. Published…

Gas prices are on display at a gas station in Seoul, Thursday. Yonhap The government froze the price…

North American stock markets opened lower Thursday as oil prices rose and treasury yields resumed their climb amid…

By Omar El Chmouri and Dinesh Nair May 21, 2026 (Bloomberg) –Saudi Arabia’s sovereign wealth fund is considering consolidating…

Services PMI 42.9 vs 46.6 expectedPrior 46.5Manufacturing PMI 48.9 vs 52.2 expectedPrior 52.8Composite PMI 43.5 vs 47.7 expectedPrior…

We flagged the May Flash PMI report from S&P Global in our opening comments as one to watch…

The number of people working in the construction sector surged 11.7 per cent in the first quarter of…

A car is getting refueled at a gas station in downtown Seoul on May 7. [NEWS1] The…

A plan being driven by Europe’s largest economies would see powers to oversee financial markets centralised at EU…

S&P Global released the flash estimate of the United States (US) S&P Global Composite Purchasing Managers Index (PMI)…

Reeves announces VAT cut on summer attractions in new cost of living package – as it happened | Business