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The Latest Breaking News on Economy

Are there brighter prospects than at the last IMF meetings? Only just

October saw the UK chancellor in the dock. Now the US’s Yellen will face flak over green subsidies and banking security

The Guardian - UK

5 Money Moves for Your Recession Game Plan

Some think a recession is inevitable. Is your game plan ready if it is?

Kiplinger

Gold prices surge as dollar weakens

Gold prices hit a 13-month high, touching US$2,031 per ounce as weak US economic data spurred demand for the safe-haven asset amid a weakening dollar, according to analysts.

Bangkok Post

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Women still paid less than men at four out of five employers in Great Britain

Guardian analysis shows median gender pay gap is stubbornly wide at 9.4%, the same level as five years ago

The Guardian - UK

US job openings fall below 10 million for first time since 2021

Vacancies at U.S. employers dropped in February to the lowest since May 2021, suggesting a cooling in labor demand in some industries but still indicative of a job market that’s too tight for the Federal Reserve.

Tribune News Service

Manufacturing comes off its high boil

Manufacturing activity is shown to be falling in April's first significant economic release.

Axios

At this rate, Sunak may even repent of Brexit before Starmer does

The blight on living standards makes the case for rejoining stronger every day – and this PM is nothing if not pragmatic

The Guardian - UK

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Commentary: How the debt ceiling could prevent the next banking crisis

With the collapse of several banks in the last few weeks, many fear that their deposits aren’t safe and another financial crisis is looming. Worse, the fight in Washington over raising the debt ceiling threatens to strain the system still more. These two issues may seem worlds apart, but both…

Tribune News Service

UK private sector contracts for eighth consecutive quarter

However, the Confederation for British Industry (CBI) said its latest growth report showed ‘signs of green shoots’.

The Independent UK

Ignore the doomsayers, the sky won’t fall if Australian workers get a pay rise

There has not been a wages breakout even in this period of extraordinary inflation, yet the fear of one continues to be spread

The Guardian - AU

BoT poised to raise rate by quarter-point

The Bank of Thailand is expected to raise its policy rate by 0.25 percentage points on Wednesday to contain inflation amid the economic recovery while trying to ease baht volatility, say economists.

Bangkok Post

Politics with Michelle Grattan: Michael Brennan on Australia's parlous productivity growth

The Productivity Commission’s nine-volume report has a tough central message. It says productivity policy has to focus on the areas that have proven the hardest in the past, rather than those where previously progress has been most readily achieved.

The Conversation

Next First Minister 'must tackle persistent productivity problem'

Latest research reveals mixed progress across leading indicators

Insider UK

Next first minister must prioritise economic growth, says business leader

Dr Liz Cameron, of the Scottish Chamber of Commerce, said the country needed a credible plan to drive economic growth.

The Independent UK

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Tribune News Service

Here's how to prepare for a recession, if it actually happens

A recession could be on the way. Or it could not.

The Guardian - UK

UK workers £11,000 worse off after years of wage stagnation – thinktank

Resolution Foundation analysis suggests UK lagging behind similar economies such as Germany

Chronicle Live

New childcare plans could 'lock out' North East families, campaigners fear

The North East Child Poverty Commission believes free childcare should be available to all babies and children

Birmingham Post

Northern Ireland economy emerges from recession as services sectors blooms

Late 2022 recovery bodes well for headline economic indicator as commentators await outcome of Windsor Framework deliberations

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The Independent UK

Nurses, paramedics reach pay deal to end England strikes

Leaders of unions representing hundreds of thousands of nurses, ambulance crews and other health care workers in England have reached a deal to resolve months of disruptive strikes for higher wages during a punishing cost-of-living crisis

Evening Standard

Jeremy Hunt defends speed of rollout of free childcare Budget offer

New policy of expanded free childcare won’t be fully available until September 2025

The New Daily

‘Productivity problem’ putting living standards at risk

Treasurer Jim Chalmers says Australia is slipping down global productivity rankings - and there's no easy fix for the problem.

AAP

'Productivity problem' putting living standards at risk

Treasurer Jim Chalmers says Australia is slipping down global productivity rankings - and there's no easy fix for the problem.

AAP

New Zealand GDP down 0.6 per cent in Q4 2022

New Zealand has had a 0.6 per cent contraction in GDP in the December 2022 quarter, beginning a predicted 2023 dip a quarter earlier than expected.

Manchester Evening News

What the Spring Budget means for you and your money

From extending the energy bill price guarantee to freezing fuel duty, the Chancellor continued to implement plans to help struggling households

The National (Scotland)

UK to avoid recession but see living standards 'drop to levels not seen since 1950s'

The UK economy is set to avoid a recession but people are still expected to face the biggest fall in living standards on record, according to the…

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Pakorn Peetathawatchai

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