GreenOak/ShutterstockThe unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks’ ability to cope in an already uncertain market.
After the second world war, the US and its western allies created a set of international agreements and institutions to govern attitudes to mutual defence, economics and human rights. For decades this created stable alliances and predictable economic plans.
Drazen Zigic/ShutterstockHealth emerged as a major beneficiary in the UK government’s recent spending review. It highlighted a clear ambition to modernise public services — particularly the NHS — through digital transformation and expanded use of artificial intelligence (AI).
Mijansk786/ShutterstockAfter years of mounting scrutiny over TikTok’s data practices, in 2024 the Chinese video platform was threatened with a forced sale in the US or a nationwide ban. With the deadline looming on June 19, US–China tech rivalry has entered a new and more aggressive phase.
Before it kicked off, the all new revamped and expanded men’s 2025 Fifa Club World Cup had already attracted controversy.
Sizewell B on the UK's Suffolk coast. Nick Beer/ShutterstockThe UK government’s investment of around £14 billion in a new nuclear power plant marks a big economic shift for the country’s approach to energy.
Today a van, tomorrow the world … with the right support. jgolby/ShutterstockThe UK government’s spending review has set out its priorities for the next three years. But behind the rhetoric about boosting growth lies growing concern about small businesses being locked out of the wider UK economy. Government funding and regulation are increasingly out of step with the reality of micro-enterprises and sole traders, shutting off their potential to boost GDP growth.
Tupungato/ShutterstockThe Labour government has made economic growth its top priority, committing to planning reforms, business partnerships and millions of pounds of investment in science and technology.
Many people thought that the close relationship between Donald Trump and Elon Musk would end badly, since they both have the hubris that comes from success and power. One is arguably the most powerful politician in the world and the other the richest man.
UK chancellor Rachel Reeves has delivered the government’s spending review, setting out its plans and priorities for the next three years. The aim of the review is of course to allocate spending over that time period – but this government is keen for economic growth and so has directed the funds to try to boost GDP. This approach could work but is particularly challenging in an uncertain global environment.
