Financial Mirror

The Federal Reserve’s decision to hold interest rates steady at 3.5% to 3.75% was shaped less by economic data than by a conflict thousands of miles from Washington, according to Nigel Green, CEO of leading independent financial advisory

Economic sentiment in Cyprus improved for the fourth consecutive month in July, on improved business confidence in the services and retail trade sectors, according to the benchmark index compiled by the Economics Research C...

Oil prices ticked lower for the second consecutive day on Friday, with the US benchmark West Texas Intermediate hitting session lows a few cents above $80.00.

News reporting a moderate recovery of sea traffic through the Strait of Hormuz has pushed pric...

Real GDP growth in Cyprus is expected to slow from 3.8% in 2025 to 2.7% this year and to strengthen to 3.1% next year, according to the latest quarterly outlook by the University of Cyprus.

Relative to the April issue of the university’s Economics Research Centre, the growth forecast for 2026 has been revised down by 0.2 percentage points, while the forecast for 2027 h...

Tax rises and increased government borrowing now look almost inevitable under Andy Burnham, with the PM telling the BBC that the NHS will “collapse” unless social care is reformed, while admitting he cannot put a timeline on the fix.

It follows a week that has already delivered a rough sleeping fund, an electricity VAT cut, and a bus fare cap, all signed off while Parl...