The global economy is projected to experience its most underwhelming decade since the 1960s, as reported by the World Bank. Recent analysis shows significant downgrades to growth expectations for nearly
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Business investment in the United Kingdom has surged at the fastest pace in two years, defying earlier concerns that increased payroll taxes would dampen private sector expenditure. Data from the
Donald Trump is set to escalate his trade war with the world, announcing a range of steep tariffs on the United States’ largest trading partners. This development comes despite widespread
Two of America’s leading financiers have issued strong warnings to President Trump regarding his aggressive stance on tariffs. Jamie Dimon, the chief executive of JP Morgan Chase, has expressed concern
London has fallen from grace as one of the world’s wealthiest cities, experiencing a notable exodus of high earners over the past year. The UK capital has lost 11300 dollar
The UK government, under Labour’s leadership, may be eyeing significant cuts to civil service jobs as part of its spring budget strategy. Up to 50,000 roles could be eliminated in
The Organisation for Economic Co-operation and Development (OECD) has issued a warning that escalating trade wars initiated by Donald Trump are eroding progress on economic growth and inflation reduction. The
The Bank of England’s governor, Andrew Bailey, has warned of substantial risks to the UK economy and the global economy stemming from President Trump’s aggressive trade policies. Speaking to MPs
Britain’s economic outlook appears increasingly challenging as Chancellor Rachel Reeves prepares to deliver her spring statement on 26 March. The Office for Budget Responsibility’s (OBR) forthcoming forecasts are expected to
British employers are preparing to implement the most significant wave of redundancies in a decade as business confidence deteriorates amid looming tax increases scheduled for April, following Rachel Reeves’ autumn
The British economy is projected to grow by 1.5% in 2025, according to the latest forecast from the National Institute of Economic and Social Research (NIESR). This upward revision from
British consumer spending has reached its fastest growth rate in two years during January, offering a glimmer of hope for the UK’s sluggish economic performance, according to two authoritative surveys.
The UK retail sector, a cornerstone of the nation’s economy employing over three million people directly and supporting two million more in its supply chains, faces mounting financial strain. Despite
British businesses are preparing for a substantial decline in trading activities over the coming months, with potentially severe implications for employment and the government’s economic growth ambitions. The Confederation of
Major British retailers saw more than £2 billion wiped from their market value as mounting cost pressures and economic uncertainties cast a shadow over the retail sector. Despite strong festive
British firms cut jobs at the sharpest pace in four years during December, following the Chancellor’s budget measures that increased employment costs and dampened business confidence. The rate of job
