Slow economic growth is not the new normal, it’s the old norm | Larry Elliott

There have been times in the past when the Bank of England has left interest rates unchanged for a long time. In 1719, official borrowing costs were raised from 4% to 5%, where they remained during the South Sea Bubble crisis, the Seven Years war, the loss of the...

France isn’t heading for a belle époque, but its future looks better than Britain’s

The French economy is growing at the same pace the UK managed in 2016 and looks set to maintain it for the rest of the year. Growth for the second quarter was 0.5% and 1.8% over the past year. Meanwhile the UK is shuffling along in the slow lane, up just 0.3% between...

‘Very disappointed’ Trump lashes out at China for failure to rein in North Korea, vows consequences

President Donald Trump on Saturday expressed frustration with China over its inability to curb North Korea’s nuclear ambitions, signaling the strategic cultivation of his Chinese counterpart was nearing its end a day after Pyongyang tested its latest missile. On...