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Canada’s migration reset offers Australia lessons—and warnings

Canada is reducing temporary migration, slowing annual population growth from 3.1% to 0.5%. Economists say its economy is adjusting, but warn that the experience cannot be directly applied to Australia.

Canada’s annual population growth has slowed from 3.1% to 0.5%.
Canada aims to reduce temporary migrants from 7.6% to 5% of the population.

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The Guardian World4 Oct 2026, 17:00

EconomistsSingle source

John Maynard Keynes: the economist governments turn to in a crisis

James Graham’s new play The Standard of Living examines John Maynard Keynes, whose economic ideas regained influence during major crises. The production is at Theatre Royal Haymarket in London until 12 December.

James Graham’s play about Keynes is running in London until 12 December.
In 1918, Keynes secured £20,000 for artworks intended for the National Gallery.

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The Guardian Business2 Oct 2026, 17:00

EconomySingle source

Andy Burnham warns of 'difficult decisions' for 28 October budget as UK inflation rises to 3.1%

UK inflation rose from 2.9% in July to 3.1% in August, driven mainly by higher fuel costs. Prime Minister Andy Burnham said the 28 October budget will involve “difficult decisions” as the government considers the fiscal impact of the Middle East conflict.

UK inflation rose from 2.9% in July to 3.1% in August, mainly driven by higher fuel costs.
Prime Minister Andy Burnham said the 28 October budget will involve “difficult decisions” because of the fiscal impact of the Middle East conflict.

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The Guardian Business16 Sept 2026, 18:17

monetary policySingle source

Central banks weigh rate rises as energy costs climb — ECB raised rate to 2.5%

The European Central Bank raised its policy rate to 2.5% this week. Rising oil and gas prices linked to the US–Iran war have pushed inflation concerns back to the fore as the US Federal Reserve and the Bank of England prepare rate decisions next week.

ECB raised its policy rate to 2.5% this week.
Brent crude about $105 a barrel amid restrictions through the Strait of Hormuz.

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BBC Business11 Sept 2026, 16:35

TechnologySingle source

UK economy grows 0.4% in July as services and AI-related firms drive surprise rise

The UK economy grew 0.4% in July, beating forecasts for no change. The ONS said services and businesses linked to artificial intelligence helped lift activity, but higher energy costs could weaken growth ahead.

The UK economy expanded 0.4% in July, despite forecasts for no growth.
Services, especially computer programming, provided the strongest boost.

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BBC Business11 Sept 2026, 13:17

WorldMultiple publishers

Canada imposes counter-tariffs on US goods: measures cover nearly C$28bn, up to 50%

Canada implemented retaliatory tariffs on a range of US goods on Tuesday. The measures target nearly C$28bn of American products with rates between 15% and 50%; fresh fish and lobster were later removed from the list after industry pushback.

Canada imposed counter-tariffs covering nearly C$28bn of US goods.
Tariff rates range from 15% to 50%; 50% applies to items including milk, steel, aluminium, golf clubs and certain clothing.

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BBC World8 Sept 2026, 07:00

financeSingle source

Bond-market instability: US 10-year yield at 4.8% and global knock-on effects

Over the past fortnight government bond markets in major economies have been volatile, with the US 10-year Treasury yield rising to 4.8%. The move coincides with US government debt topping $40tn, inflation worries after renewed Middle East hostilities, and large borrowing by major AI hyperscalers.

US 10-year Treasury yield hit 4.8% on Friday; 30-year yields reached highs not seen since 2008.
Total US government debt has passed $40tn, with deficits forecast around 6% of GDP.

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The Guardian Business4 Sept 2026, 19:49

Labor marketSingle source

US economy added 162,000 jobs in August as unemployment rate held at 4.1%

The US added 162,000 jobs in August while the unemployment rate remained at 4.1%, the Bureau of Labor Statistics reported. June and July job figures were revised upward, and monthly payroll gains have fluctuated this year.

The US added 162,000 jobs in August.
Unemployment rate held at 4.1%.

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The Guardian Business4 Sept 2026, 15:40