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The Latest Breaking News on Economy

Dutton’s position on international student caps ‘utterly reckless’, Giles says – as it happened

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The Guardian - AU

ACTU urges private sector 'wake-up call' on gender gap

While the gender pay gap is at a record low, the head of the ACTU says private sector companies need to do more to reduce the disparity in their workplaces.

AAP

UK Growth Slows In Third Quarter, Dealing Blow To Labor Government

Gross domestic product (GDP) grew by 0.1% in the July-September period, a slowdown compared to 0.5% growth in the second quarter, the Office for National Statistics said.

Latin Times

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UK Growth Slows In Third Quarter, Dealing Blow To Labour Government

Britain's economy grew less than expected in the third quarter, official data showed on Friday, dealing a blow to the Labour government that has set its sights on growth expansion.

International Business Times

Taxes to rise higher AGAIN in next few years and wage increases hit, warn IFS economists after Reeves Budget

The Institute for Fiscal Studies also stressed that much of the National Insurance rise on employers would feed through into smaller pay rises for workers

Evening Standard

Rachel Reeves didn’t scare the markets. But nor did she impress with a growth plan

Businesses adopt a wait-and-see response as it becomes clear the autumn budget is part of a long-term missionBusinesses react to

The Guardian - UK

Health service workers get pay bump, better conditions

Workers across NSW health services have come to a wage agreement with the state government as nurses and midwives continue to negotiate for better pay.

AAP

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Budget 2024: Chancellor Rachel Reeves to go on '£20 billion' investment spree in UK through higher borrowing

A string of tax rises are also expected to be announced in the Budget many of which will hit London hard

Evening Standard

France braces for economic judgment amid political turmoil and record debt

France's financial future is under close scrutiny this month as two of the world's top credit rating agencies assess the country's ability to manage its mounting debt. Meanwhile, a hung parliament, fierce budget debates and a record-high deficit have brought the economy to the edge of crisis.

Radio France Internationale

UK Economy Rebounds In August In Boost To New Govt

Britain's economy bounced back in August, official data showed Friday, boosting the new Labour government ahead of its maiden budget later in October.

International Business Times

Flexible working and paternity leave: What you need to know about the Government’s new Employment Rights Bill

There are 28 separate changes in the Employment Rights Bill

The Independent UK

The Guardian view on inequality in the UK: what kids can teach us

Editorial: To get a sense of how unfair Britain is, consider the prospects for its children

The Guardian - UK

October Stock Market: More Trick Than Treat?

The S&P 500 (SPY) has been in the plus column for 5 straight months. Investment pro Steve Reitmeister shares why that party ends in October and how to prepare for resumption of the bull market in November and beyond. Read below for full story.

StockNews.com

US Private Sector Adds More Jobs Than Expected In September: ADP

US private sector hiring picked up in September, with employers adding more jobs than anticipated, according to data released Wednesday by payroll firm ADP.

International Business Times

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The Independent UK

New figures show UK economic growth weaker than first thought

The UK economy continued its recovery from recession at the end of last year

The Conversation

Final budget outcome shows 2023-24 surplus of $15.8 billion

The budget surplus for last financial year has come in at $15.8 billion, well exceeding the $9.3 billion that was forecast in the May budget.

Evening Standard

Key business survey for September points to slowing growth ahead of the Budget

The PMI reading of 52.9 is down from 53.8 in August and below City expectations of 53.5

Evening Standard

Rachel Reeves tells civil servants to get back in the office in London to boost Britain's productivity

Civil servants should get back in the office in Whitehall and other parts of Britain to boost the economy, says Rachel Reeves.

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Evening Standard

OPINION - The Standard View: Rachel Reeves must focus on growth, not just doom

Round numbers should be no more interesting or enlightening than any other. But the revelation that Britain’s debt has hit 100 per cent of GDP is unlikely to lift the sense of gloom that has already settled above Whitehall.

AAP

Healthy jobs numbers to keep RBA on the sidelines

Australia's economy may be limping along but jobs are still going, although mostly part-time gigs and predominantly roles in the public sector.

Kiplinger

Should We Worry About the Slowing U.S. Economy

With the labor market cooling off and financial markets turning jittery, just how healthy is the economy right now?

Top News

Brexit Causing Significant Decline In UK-EU Goods Trade

Brexit's impact on UK-EU trade relations post-2020, highlighting challenges and recommendations for enhancing economic growth.

AAP

Resilience of jobs market put to test

Fresh labour force data will be watched closely following the Reserve Bank's assessment it was still operating above 'full employment'.

International Business Times

UK Economy Stalls, Dealing Blow To New Government

Britain's economy stalled again in July, official data showed Wednesday, dealing a blow to the new Labour government that has put growth expansion at the top of its priority list.

The National (Scotland)

UK economy flatlines in July for second month running

THE UK economy flatlined in July for the second month in a row, according to the latest official figures, as the Chancellor said she is “under no…

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