According to an initial estimate published on Monday, German output declined by 0.3 percent last year due to high inflation, rising rates of interest and increased energy costs. This made
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Some of the world’s top economists warned this weekend that a prolonged conflict in Red Sea and the escalating tensions throughout the Middle East could have devastating effects on global
What is the name of an Italian restaurant which does not serve pizza? The jokes at the Edinburgh Fringe Festival in 2022 were based on the restaurant Gusto’s. The Italian
The boss of the bakery chain, Greggs, said that Britain was still a long way from reaching the “peak” of its sales. Investors formed a line for the shares of
BlackRock warned that the prospect of pre-election tax reductions and spending promises could lead to a return of “bond vigilantes”, and an increase in bond sales. The asset manager said
As elections loom, Britain will borrow a record £206bn (£206bn) from private investors in this year.
Investors may be unnerved by expensive election promises, which could increase debt costs. Rishi Sunak is embarking on a debt spree ahead of general elections , which will see Britain
The British manufacturers are confident that they will be able to expand the industrial sector of the country and turn the tide on history. Make UK, the industry association, has
The income tax revenue has risen by 70 percent since 2010, to £264 billion. This shows the dramatic increase in tax burden that successive Conservative governments have overseen since they
Investors warn governments worldwide about “unmoored’ levels of public debt. They say excessive borrowing promises made before elections could spark a bond market reaction. The US and UK are expected
Weight-loss injections could be the answer to record unemployment British workers are more sick than ever before. In 2022, nearly three out of every 100 hours worked were missed due
In a year when American, Indian and British citizens will go to the polls, elections in Taiwan, the democratic island off the coast of China, may not attract too much
UN warns that a prolonged period of low economic growth will hinder progress in sustainable development. It urges countries to increase investment to combat the climate crisis. The annual report
In response to budgetary pressures, housing associations in England cut their spending plans on new affordable homes for 2024. This could worsen the acute shortage of social houses in the
A survey by economists found that UK voters would enjoy higher wages, but struggle to pay their mortgages and rents ahead of the next general election. The cost of living
Almost one-quarter of UK buy now, pay later users have been charged late repayment fees, with younger consumers hit hardest, according to research that points to how people have turned
The UK chancellor Jeremy Hunt announced that the Spring Budget 2024 will take place on 6 March, leaving the door open for a potential early general election to be held
