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The Latest Breaking News from Economy

How having our own currency can help fuel indy Scotland’s wellbeing economy

IN this and future articles, the Scottish Currency Group outlines how an independent Scottish Government with its own

The National (Scotland)

Sunak condemns ‘anti-maths mindset’ as he announces review into teaching plan

Enhancing numeracy in England by teaching maths to the age of 18 will help grow the economy, the PM will argue in a speech on Monday.

The Independent UK

It's past time our economy got a chop-out

OPINION: It's fair share o'clock

Newcastle Herald

From analysis to the latest developments in health,
read the most diverse news in one place.

Will Turkey’s inflation crisis damage Erdogan’s re-election chances?

A month before Turkey goes to the polls on May 14, the country’s inflation crisis is a major campaign theme as the six main opposition parties rally around Kemal Kilicdaroglu to create the strongest challenge yet to President Recep Tayyip Erdogan. But analysts say discontent with Erdogan’s economic management will…

France 24

Biden bets big on bringing factories back to America, building on some Trump ideas

President Biden has embraced the idea of subsidies for key industries and measures to shut out Chinese competitors. Reviving manufacturing is a theme he's expected to run on in 2024.

WEKU

World Bank: Peace Deal in Yemen Would Push Toward Sustainable Growth

The World Bank has revealed that in case a lasting truce or peace arises, the Yemeni economy could register more sustainable growth within months of the agreement.

Asharq Al-Awsat

China’s Economy Expected to Rebound as Zero-Covid Era Fades

China is expected to announce an economic rebound on Tuesday, when Beijing releases its first quarterly GDP figures since abolishing growth-sapping Covid restrictions late last year. The Asian giant's virus containment policy -- an unstinting regime of strict quarantines, mass testing and travel curbs -- strongly constrained normal economic activity…

Asharq Al-Awsat

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Brexit caps 40 years of Conservative failure that Starmer fears to oppose

Attacks on Rishi Sunak are pointless if Labour is going to let the crowning disaster of Tory government pass without comment

The Guardian - UK

A taste of populism

The Pheu Thai Party's "digital wallet" policy, designed to woo voters ahead of the May 14 general election, has drawn a mixed reaction from politicians and the public alike.

Bangkok Post

Labour would oversee more active state on economy, says shadow minister

People do not yet understand the scale of Labour’s ambition on the economy, according to Jonathan Reynolds.

The Independent UK

Labour will be most interventionist government for a generation, says shadow minister

British public has yet to comprehend scale of party’s economic ambitions, says business chief Jonathan Reynolds

The Guardian - UK

US dollar scarcity threatens Bolivia's 'economic miracle'

For more than a decade, Bolivia was an economic oasis in a turbulent region, with low inflation and high growth

The Independent UK

China's reopening sees Gen Z ready to splurge after lying flat: 'They don’t see life as a matter of ruthless survival'

A shift in attitudes towards work and personal comfort in China's younger generation may end up helping the country’s economy.

Fortune

Al-Swaha: SEZ to Promote Saudi Arabia's Regional Leadership as Global Investment Hub

Saudi Minister of Communications and Information Technology Eng. Abdullah Al-Swaha lauded the launching of the Cloud Computing Special Economic Zone (SEZ ), expressing his gratitude to Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and the Crown Prince for launching it along other three zones across…

Asharq Al-Awsat

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Evening Standard

‘Britain is back’ after mini-Budget meltdown, says Jeremy Hunt

Although the Chancellor restored some confidence in the economy following the mini-Budget UK GDP is on track to contract by 0.3 per cent across 2023

Reuters

G7 ministers agree to cut gas consumption and speed-up renewable energy

The Group of Seven rich nations have agreed to call for reducing gas consumption and increasing electricity from renewable sources while phasing out fossil-fuels faster and building no new coal-fired plants, France's energy transition minister said on Saturday.

Birmingham Post

Wales Fast Growth 50 all set to go nationwide

Enormously successful in Wales, the business awards should be replicated in other nations and regions around the UK

Birmingham Post

VisitEngland sets up new partnership to boost West Midlands tourism

Business chiefs have formed a new 'local visitor economy partnership' which they say will give regional companies a national voice

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news in one place.

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Evening Standard

OPINION - The London Discount: Britain’s biggest firms would be worth £460bn more in New York

Education, skills, demand for labour – a range of factors determine how much any of us are worth. But the single biggest factor is geography. A car wash manager in the US can earn more than the head of cyber security at HM Treasury in London, who in turn makes…

The Conversation

Virgin Orbit bankruptcy: why the UK's spaceport industry may still have a bright future

The UK’s space sector has shown a remarkable dynamism in the past few years. According to the latest official figures, the sector’s revenue grew about 5.1% in 2021, outpacing the global space industry. This is even more impressive considering the UK’s economy declined over the same period.

The Conversation

The parallel economy: the rightwing movement creating a safe haven for deplatformed conservative influencers

The last few years have seen the west swept by political polarisation, much of which has played out online. Debates around race, gender and freedom of speech have splintered democracies, spread conspiracy theories and sparked a series of culture wars. One byproduct of this is a rightwing movement in the…

Evening Standard

Recession or not, UK weakness is inevitable

City Voices: A weaker economy is needed for inflation to fall

Asharq Al-Awsat

Saudi Inflation Continues to Decline

Saudi Arabia’s inflation rate dropped to 2.7 % in March, against 3 % recorded in February, according to the latest report released by the General Authority for Statistics (GASTAT). The consumer price index bulletin of March attributed the Kingdom’s low inflation to the strength of the Saudi economy and the…

Insider UK

Busy cruise season should boost Outer Hebrides economy

Shetland also expecting its busiest cruise season on record, as the first vessel arrives

Tribune News Service

Commentary: Child care has failed. The government can help

America’s child care market is an abject failure. Even at prohibitively high prices, supply doesn’t meet demand, preventing children, parents and the entire economy from reaching their full potential.

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Salman bin Abdulaziz Al Saud

Mustafa Kemal Ataturk

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