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The Latest Breaking News on Economy

What Jeremy Hunt's Spring Budget means for Wales

The Chancellor wants to see an investment zone established in Wales

Birmingham Post

Who in Scotland is taking part in the Budget Day walkouts?

HUNDREDS of thousands of workers from several trade unions will strike on Wednesday in what threatens to be the biggest single day of industrial…

The National (Scotland)

Who is taking part in the Budget Day walkouts?

The unions say it will be the biggest strike in the civil service for decades.

The Independent UK

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Iraq’s Finance Minister Says Completes 2023 Budget Bill

Iraqi Finance Minister Taif Sami announced the completion of the draft of the federal budget law for 2023 and its submission to the Cabinet for discussion and a vote. According to a statement by Sami, the bill was prepared during extraordinary circumstances endured by the global economy and was drafted…

Asharq Al-Awsat

Labour market, consumer sentiment reports due this week

Jobs numbers due Tuesday should show more people are working while a raft of business and consumer reports will be examined to assess the mood of the nation.

AAP

UK economy rebounds to grow by 0.3% in January

Chancellor coming under pressure from some Tory MPs to cut taxes in a bid to boost growth

Evening Standard

US adds 311,000 jobs in February; UK economy returns to growth; regulators take over Silicon Valley Bank – as it happened

UK economy has proved ‘more resilient than many expected’ says chancellor Jeremy Hunt, while problems at Silicon Valley Bank knock FTSE 100 down 2%

The Guardian - UK

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Australian gender inequality 'not zero-sum game'

A task force on women's economic equality will recommend the federal government pay superannuation on paid parental leave and improve childcare rules.

AAP

Use our interactive map to find the gender pay gap in YOUR area

In a country where women earn almost 15% less than men on average, there appears to be a long way to go still when it comes to the fight for economic gender equality - on International Women's Day use our interactive map to find out the pay gap for women…

Daily Mirror

Wang Tao: Takeaways From China’s Government Work Report

UBS has upgraded its GDP growth forecast for the country to 5.4% for 2023 and 5.2% for 2024

Caixin Global

West Midlands moves up the ranks in Women in Work Index

Region given positive bill of health when it comes to women in the workplace

Birmingham Post

February sees a renewed downturn in permanent jobs

While pay pressures ease, there was also a steep downturn in candidate availability last month

Insider UK

US economy sending mixed signals: Here's what it all means

For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot

The Independent UK

70% say they don’t trust Government’s ability to improve public services

Trust in the Government’s ability to improve the NHS, schools and other public services has plummeted to a record low as the country is gripped by a wave of strikes, a new poll revealed on Monday.

Evening Standard

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Wales Online

Gender pay gap increases as men now earn 14.4% more than women in UK

It will now take more than 50 years to reach gender pay parity

The Guardian - UK

UK women priced out of work by lack of affordable childcare, PwC finds

Pressure builds for childcare help in budget as Britain slips down global league table for women in work

The Independent UK

UK gender pay gap widens as childcare costs worsen ‘motherhood penalty’

The nation’s average pay gap widened by 2.4 percentage points to 14.4% in 2021, accountancy giant PwC found in its Women in Work index.

The Independent UK

Inflation pressures put Powell in spotlight before Congress

When Federal Reserve Chair Jerome Powell last appeared before Congress, in June 2022, inflation had reached a four-decade high of nearly 9% and showed no sign of easing

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StockNews.com

4 Stocks You’ll Be Glad You Bought in 2023

While inflation showed signs of slowing, it is still far from the Fed’s target. Moreover, a tight labor market strengthens the case for higher rate hikes. Hence, fundamentally strong stocks Stellantis (STLA), General Motors (GM), Textron (TXT), and Modine (MOD), which look well-positioned to whether a market downturn, might be…

Asharq Al-Awsat

Saudi Arabia Ranks First among G20 Countries in Productivity Growth

After successfully introducing development initiatives and programs to regulate the labor market and improve the contractual relationship between employers and employees, Saudi Arabia has managed to secure first place among the Group of 20 countries (G20) for factor productivity growth in 2022. According to a series of modeled readings issued…

USAFacts

What is the US national debt and how has it grown over time?

The national debt grew by more than $4 trillion in 2020 alone.

Wales Online

A 3.9% council tax rise is now being proposed in RCT to help with pressures on social care

The council had originally proposed a 3.5% increase but cabinet agreed to increase it to 3.9% due to ongoing pressures in relation to social care

The Independent UK

US economy sending mixed signals: Here's what it all means

For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot

The Independent UK

Jeremy Hunt can afford public sector pay rises at March Budget, says IFS

Ditching fuel duty freeze could pay for more generous settlement, suggests think tank

StockNews.com

The 4 Best Forever Stocks to Buy in February 2023

The stock market volatility is not expected to end anytime soon as the macroeconomic headwinds remain. So, I think fundamentally solid Johnson & Johnson (JNJ), Gilead Sciences (GILD), Stellantis (STLA), and Cardinal Health (CAH) could be the best stocks to own now and forever. Keep reading.

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