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Rachel Reeves: Treasury will ‘hardwire’ growth into tax and spending decisions
Shadow chancellor to outline plans to shake up department after Labour election victory
The Treasury under a Labour government would “hardwire” raising Britain’s growth rate into its.. - source: The Guardian - 18.03.2024
World’s largest solar manufacturer to cut one-third of workforce
China’s Longi looks to slash costs as renewable energy sector faces tough headwinds from inflation
The world’s largest solar manufacturer has slashed nearly a third of its workforce.. - source: The Guardian - 18.03.2024
Record 6.7m people in Britain are in financial difficulty, warns debt charity
Surge in requests for help reported as nearly 30% of 18- to 24-year-olds miss three or more credit or bill payments
A record 6.7 million people in Britain are in financial difficulty, a.. - source: The Guardian - 18.03.2024
Why are small businesses hiring fewer people? It’s complicated
US small businesses employ almost half of private sector workers, but that number is decreasing due to various reasons
Small businesses are hiring fewer people. It’s a worrying trend.. - source: The Guardian - 17.03.2024
The UK economy is a long way from blossoming despite glimmers of hope
A deeper recession was avoided only thanks to record immigration, and the MPC is bound to be cautious about cutting interest rates
It may be too little, and too late, to rescue Rishi Sunak.. - source: The Guardian - 17.03.2024
Reeves to promise ‘decade of economic renewal’ if Labour wins power
Shadow chancellor will tell high-profile financial audience that ‘mission-led’ governments must take a lead in turbulent times
The shadow chancellor, Rachel Reeves, will pledge to.. - source: The Guardian - 17.03.2024
Tackling inequality vital for next century of growth, IMF head says
Kristalina Georgieva invokes John Maynard Keynes as she says fostering fairer economy would raise living standards ninefold
The head of the International Monetary Fund has warned that the.. - source: The Guardian - 14.03.2024
UK embarks on post-Brexit trade talks with Turkey
Talks offer ‘huge opportunities’ but come at a delicate time after Ankara held up Sweden’s accession to Nato
The UK and Turkey have started talks about a post-Brexit free trade.. - source: The Guardian - 14.03.2024
Nearly 5,000 UK chain stores closed last year at rate of 14 a day
Pharmacies, banks and pubs retreat from town and city centres knocked by failure of Wilko last year
Almost 5,000 more chain stores were left empty last year – a rate of about 14 closures.. - source: The Guardian - 14.03.2024
China may be facing too many economic obstacles to hit its ambitious growth target for 2024
Fighting deflation, a sinking property market and weak internal demand, Beijing has set itself a challenging goal in 2024
Chinese leaders who have been predicting an end to the country’s.. - source: The Guardian - 14.03.2024
Hunt says plan to scrap employee national insurance is ‘long-term ambition’
Chancellor’s unfunded proposal would be ‘work of many parliaments’ and depended on growth of economy
Jeremy Hunt has admitted his unfunded proposal to scrap employee national.. - source: The Guardian - 13.03.2024
Growth of gulf between rich and poor countries ‘recipe for much darker future’, says UN
Human development report finds the pandemic, conflict, globalisation and populism have combined to disproportionately affect lower-income countries
The gulf between rich and poor countries.. - source: The Guardian - 13.03.2024
Second surplus on track for Australia but budget will report a fall in revenue, says treasurer
Jim Chalmers says slide in iron ore prices and uptick in jobless rate mean budget will report a much smaller revenue upgrade than in recent years
Get our morning and afternoon news emails,.. - source: The Guardian - 13.03.2024The UK economy is climbing again – but the road ahead looks rocky
Figures may seem positive at first glance but the broader picture for UK plc is still one of relative stagnation
Hopes of UK exit from recession boosted as GDP risesUK’s weak economy is.. - source: The Guardian - 13.03.2024UK employers: what kind of vacancies have you been struggling to fill?
We’re keen to hear from employers in Britain which job openings they have been having trouble to recruit for, and why
Employers in the UK have cut back on hiring new staff, pushing the.. - source: The Guardian - 13.03.2024
Hopes of UK exit from recession boosted as GDP rises in January
Monthly increase of 0.2% offers relief for government after economy shrank in second half of last year
The chances of the UK quickly emerging from recession have been boosted after the.. - source: The Guardian - 13.03.2024
UK economy returns to growth in January, boosting hopes of recovery – business live
GDP boosted by services and construction sectors while industrial output falls
Ruth Gregory, deputy chief UK economist at Capital Economics, said:
The news that the economy expanded.. - source: The Guardian - 13.03.2024
Vet practices: the competition watchdog is barking up a promising tree
Independent owners are declining fast in a sector now dominated by big companies and private equity
UK watchdog plans formal investigation into vet pricing“Multiple concerns,” said the.. - source: The Guardian - 12.03.2024
US inflation ticks up as Biden puts economy at heart of re-election bid
Consumer price index rose at annual pace of 3.2% in February, up slightly from 3.1% the previous month
Inflation ticked higher across the US last month as Joe Biden puts the economy at the.. - source: The Guardian - 12.03.2024
American dream of owning a home is dead, majority of renters say
Exclusive: most renters surveyed by Harris Poll say the areas they live in have become so unaffordable they are ‘barely livable’
The American dream of owning your own home is dead,.. - source: The Guardian - 12.03.2024