Reuters / Francois Lenoir The European Union’s chief Brexit negotiator Michael Barnier (R) welcomes Britain’s Secretary of State for Exiting the European Union David Davis at the European Commission ahead of their first day of talks in Brussels, June 19, 2017. LONDON — The UK economy is set for a persistently slow pace of growth […]

Getty/Pascal Le Segretain Bernard Arnault is the CEO of multinational luxury goods conglomerate LVMH. Bernard Arnault, CEO and chairman of the world’s largest luxury goods conglomerate LVMH, has a dire warning for the global economy. “For the economic climate, the present situation is … mid-term scary,” Bernard Arnault said on CNBC on June 15. Arnault justified his […]

WPA Pool / Pool Prime Minister Theresa May LONDON — Prime Minister Theresa May’s pledge to cut annual immigration below 100,000 could cause “huge” economic damage to the UK, according to a new report by the Centre for Economics and Business Research. The analysis, reported by the Financial Times, found that cutting net migration below […]

Please enable Javascript to watch this video Business Insider traveled on May 5 to speak with JPMorgan Chase CEO Jamie Dimon at the Alfred E. Smith Career and Technical Education High School in the South Bronx, New York. We talked about education, the economy, and the Trump administration. JPMorgan Chase announced a $ 6 million investment […]

Thomson Reuters The eurozone economy continued to grow at a strong pace in April, according to the latest composite PMI survey from IHS Markit released on Friday morning. Markit’s composite figure for the eurozone — a reasonable measure of growth in the continent-wide economy — came in at 56.7 in April That was substantially ahead of […]

Reuters/Russell Cheyne Scotland’s First Minister and leader of the Scottish National Party (SNP), Nicola Sturgeon, speaks at the party’s annual conference in Glasgow, Scotland, Britain October 13, 2016. Scotland’s economy shrank in the final quarter of 2017, adding to concerns about the future of the country’s economy if it were to vote for independence should a second […]

REUTERS/Chris Radburn/Pool Bank of England Governor Mark Carney speaks at the Future Forum in Birmingham Town Hall, in Britain, October 14, 2016. LONDON — Every year, the Bank of England tests banks on how resilient they would be in the event of a global economic catastrophe. The process, known as stress testing, sees how much […]

[unable to retrieve full-text content] REUTERS/Neil Hall Participants drive their 1904 Wolseley car during the annual London to Brighton veteran car run in London, Britain November 6, 2016. The stereotype of retirement is that you downsize, learn to live on a fixed income, and reign in your expenses as income from work disappears. But since […]

GDP numbers show the economy got stronger after the Brexit vote in June. But that growth came because consumers went into more debt. Wages actually stalled. This isn’t sustainable. The post-Brexit crash is still on the horizon. The upbeat GDP numbers for the fourth quarter were celebrated by the Leave camp in the UK this week. […]