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The Latest Breaking News on Economy

UK strikes: Which workers' unions are taking industrial action and when?

More NHS workers, including junior doctors, nurses and ambulance workers, have voted in favour of walking out

Chronicle Live

Government debt: you’re a part of it. Is it a problem?

Eye-watering government debt makes for good headlines, but how much is too much is far less clear.

360info

No money left by month-end? Follow these tips

NEW DELHI: We all complained about overspending a lot of times and in fact all the times. But then, in spite of being aware that we are an overspender, do we actually take any step to control it? Well, we do a lot of time but more than a lot…

The Times of India

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Measures announced in Union Budget to promote jobs, spur economic growth: Report

NEW DELHI: The measures like increased capex, boosting the green economy and initiatives for strengthening financial markets announced in the Budget 2023-24 are expected to promote job creation and spur economic growth, the finance ministry said on Thursday.

The Times of India

Sir Keir Starmer admits achieving economic growth pledge will be ‘tough’

The Labour leader has unveiled five ‘missions’ outlining his plans for government if the party wins the next election.

The Independent UK

Public sector workers could see pay rise of just 3.5 per cent next year

Unions have condemned the potential wage increase, with one describing it as a 'sick joke'

Manchester Evening News

Australians experienced their largest real wage decline on record in 2022

Wages growth again misses Reserve Bank and economist forecasts, as workers experience their biggest decline in real purchasing power on record.

ABC News

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Wage growth surprise: slower-than-expected gain eases RBA rate rise fears

December quarter wage index rose from 3.1% to 3.3%, but 7.8% inflation indicates a 4.5% decrease in real wages

The Guardian - AU

Call for Vic wages cap to be axed as inflation soars

The Victorian Greens are leading a call for Victoria's 1.5 per cent cap on public sector wages to be axed to keep essential workers' heads above water.

AAP

Hopes rise that UK might avoid recession after services sector rebound

Pound edges up as stronger economic growth increases chances of further interest rate rises

The Guardian - UK

Four-day work week gains converts

LONDON: The largest-ever trial of the four-day work week has found that most UK companies participating are not returning to the five-day standard, and a third are ready to make the change permanent.

Bangkok Post

The strikes taking place this week and how they'll affect you

Walk-outs by university staff have been paused this week, but ambulance workers are still on strike

Manchester Evening News

Wages, Reserve Bank minutes to take the spotlight

The pace of wage growth will take centre stage, with the Reserve Bank hoping for a moderate reading that doesn't make its inflation challenge harder.

AAP

Is the economy headed for recession or a soft landing?

Are we in a recession? It seems like a straightforward question, but the data tells conflicting stories.

WEKU

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Daily Mirror

'Nobody should lose their job if they take legal action to win a better deal at work'

Guest columnist Paul Nowak - general secretary of the Trades Union Congress - is urging the government to stop attacking workers' right to strike and sort out the staffing crisis across the public sector

The Independent UK

Strike: Who is taking industrial action in 2023 and when?

More disruption likely as pay disputes go unresolved and industrial action continues

The Times of India

Govt focusing on public expenditure to propel growth: Finance minister

NEW DELHI: Finance minister Nirmala Sitharaman on Wednesday said that the effort of the government over the years has been to increase public expenditure with a view to promote growth.

Evening Standard

Rishi Sunak considers deal to end wave of strikes among public sector - report

The Prime Minister and Chancellor are considering giving workers a lump sum by backdating next year’s pay rise

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StockNews.com

2 ETFs That Are a Retiree's Best Friends

The market is at the crossroads of an impending recession or a strong recovery. Against such an uncertain backdrop, it could be wise to add quality ETFs, Vanguard S&P 500 ETF (VOO) and SPDR S&P 500 ETF Trust (SPY), to your retirement portfolio. Continue reading….

Daily Record

Scotland's employment rate at record high but workers face wages slashed by inflation

Roz Foyer of the STUC warned "the real story of Scotland’s latest labour market figures is falling real wages".

The Guardian - UK

Number of days lost to strikes is highest since the Thatcher era

Squeeze on households continues as pay growth suffers one of its largest falls since records began in 2001

The Guardian - UK

FTSE 100 hit record closing high; US inflation slows slightly to 6.4% – as it happened

Blue-chip share index has hit 7996 points for first time, but drops back as US consumer prices index is higher than expected in January

AAP

Scrapping wage cap could create NSW budget 'black hole'

The NSW government says Labor's plan to remove a cap on public sector wages will punch a black hole in the budget but the opposition says it's a scare campaign.

Birmingham Post

Ulster Bank PMI: Northern Ireland economy contracts but green shoots emerge

Easing inflationary pressures give cause for optimism

The Guardian - UK

The price Britain paid for lockdown was colossal. Was there an alternative?

Flirtation with recession, along with new era of austerity and stagnation are consequences of policy response to pandemic

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