Economics

Published: 19 March 2026. The English Chronicle Desk. The English Chronicle Online. Wage growth in the Office for National Statistics data slowed sharply during the latest reporting period. The figures highlight a cooling trend across the labour market. Analysts say the slowdown reflects easing demand pressures after prolonged economic uncertainty. Average earnings growth fell to 3.8 percent in the three months to January. This marked a notable drop from the...

Published: 14 March 2026. The English Chronicle Desk. The English Chronicle Online As tensions and military confrontations escalate across the Gulf region, a growing number of wealthy British nationals who had been living in Middle Eastern financial hubs are leaving the area in search of temporary safety. Yet many of these high-net-worth individuals are carefully avoiding a return to Britain itself, choosing instead to relocate temporarily to European countries such...

Published: 12 March 2026. The English Chronicle Desk. The English Chronicle Online Taxi operators across the UK are facing an increasingly challenging landscape as rising fuel costs threaten their margins and make turning a profit more difficult. Drivers and fleet owners report that recent increases in petrol and diesel prices have significantly impacted day-to-day operations, prompting adjustments in fares, routes, and overall business strategies. Industry insiders say the impact is...

Published: 11 March 2026 The English Chronicle Desk The English Chronicle Online – UK News The UK could reach net zero emissions by 2050 for less than the cost of a single fossil fuel crisis, according to new analysis that challenges long‑standing political narratives about the financial burden of decarbonisation. The findings, released by the Climate Change Committee (CCC), argue that the transition to clean energy is not only economically...

Published: 10 March 2026 The English Chronicle Desk The English Chronicle Online — World News The US‑Israeli military campaign against Iran has entered its second week, rattling global markets and exposing President Donald Trump to mounting political risks. While the White House insists the operation is a “tremendous success,” mixed messages from Trump and his administration have left allies, investors, and voters uncertain about its goals and duration. On Monday,...

Published: 10 March 2026 The English Chronicle Desk The English Chronicle Online — Business News One of Scotland’s best‑known lighting retailers has collapsed into administration, forcing the closure of 11 stores and leaving 70 employees redundant. Pagazzi Lighting, headquartered in Thornliebank, Glasgow, has been a fixture of the high street for nearly 45 years, specialising in decorative lighting, mirrors, and home furnishings. But rising costs, declining footfall, and sustained poor...

Published: 06 March 2026 The English Chronicle Desk The English Chronicle Online Ireland's domestic economy expanded by almost five per cent last year, official figures have confirmed, defying persistent fears over US trade tariffs and geopolitical instability . Modified Domestic Demand (MDD), the preferred measure for stripping out the distorting effects of multinational activity, grew by 4.9 per cent in 2025, according to the Central Statistics Office . Consumer spending rose by...

Published: March 7, 2026The English Chronicle DeskThe English Chronicle Online — delivering comprehensive, up‑to‑date global reporting. The United States has taken the unusual step of temporarily easing parts of its sanctions regime to allow India to purchase Russian crude oil as global energy markets reel from the ongoing conflict involving Iran. The move represents a significant shift in Washington’s policy toward Russian energy exports and reflects rising geopolitical and economic pressures triggered...

Published: March 6, 2026The English Chronicle DeskThe English Chronicle Online — delivering comprehensive, up‑to‑date global reporting. The intensifying conflict around Iran and the US‑Israel military offensive is no distant geopolitical issue for India — it is already rippling through its economy and everyday life by pushing up fuel costs, pressuring the currency and threatening remittance flows vital to many households nationwide. Central to India’s vulnerability is its heavy reliance on imported energy....

Published: March 5, 2026 | The English Chronicle Desk | The English Chronicle Online Uncertainty surrounding American politics is beginning to ripple through global financial markets, and one of the institutions feeling the pressure is London’s historic insurance marketplace. With the possible return of Donald Trump to the White House, analysts are increasingly questioning whether sweeping changes to United States economic policy could destabilise one of the United Kingdom’s most...