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The Latest Breaking News from Economy

North East hosts landmark green expo as Trade Secretary outlines plan to 'futureproof' economy

Kemi Badenoch MP will announce a three-pronged approach to using trade to tackle crucial global challenges ahead

Birmingham Post

Badenoch calls for green investment to ‘future-proof’ UK economy

The International Trade Secretary said new technologies to combat climate change will create jobs and deliver energy security.

The Independent UK

Businesses striving to reduce plastic waste

Businesses can apply the circular economy model to help the government reduce plastic waste and prevent its release into the ocean, which threatens to have a serious impact on the marine ecosystem and human health.

Bangkok Post

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Central bank will stop allowing 100% mortgages

The Bank of Thailand will not extend the easing of loan-to-value (LTV) measures for mortgage loans as the economy is showing clearer signs of recovery.

Bangkok Post

Tourism, export growth drives up production index

Thailand's Manufacturing Production Index (MPI) increased by 3.36% year-on-year to 97.9 points in September, thanks to bustling economic activities, especially in the tourism and export sectors.

Bangkok Post

Deal values on the rise as private funding surges

Thailand saw private funding of US$300 million in the first half of 2022, a jump from $200 million in the same period a year earlier, according to an Asean internet economy report by Google, Temasek and Bain & Company.

Bangkok Post

2 Stocks That Give Downside Protection in Troubled Times

With inflation still hovering around the multi-decade high and the U.S. economy expanding in the third quarter, a further aggressive interest rate increase is on the cards this week. With the macro headwinds set to intensify further, investing in resilient stocks Walmart (WMT) and Oracle (ORCL) could give your portfolio…

StockNews.com

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Climate crisis battle an ‘opportunity’ for working people, says Starmer

Labour leader sets out industrial plan including £28bn-a-year investment strategy at SME4Labour dinner

The Guardian - UK

Why inflation will likely stay sky-high regardless of which party wins the midterms

Soaring inflation is the top issue for a lot of voters heading into the midterms, with most saying Republicans would do a better job of handling the problem.

The Conversation

Employers say Labor's new industrial relations bill threatens the economy. Denmark tells a different story

Labor’s proposed amendment to the Fair Work Act (subtitled its Secure Jobs, Better Pay bill) has drawn fire from Australia’s three leading employer groups:

The Conversation

70 years of data suggest the Conservatives will suffer a big defeat at the next election -- here's how I worked it out

With the UK’s new prime minister in office, it looks like the political turmoil of the last few months is likely to ease, at least for the time being. Rishi Sunak and his fellow MPs must put their political differences aside to focus on stabilising the economy and calming financial…

The Conversation

Breaking the barriers between banks and the Māori economy

Renata Blair is a bridge between worlds – he’s opening doors to the rapidly growing Māori business sector by aiding the bank’s understanding and connection to Te Ao Māori.

Newsroom.co.nz

Brazil election: victorious Lula faces an uphill struggle – a damaged economy and a deeply divided country

Luiz Inacio Lula da Silva has achieved a remarkable political comeback by regaining the presidency of Brazil. His narrow victory, in the second round run-off, was the closest margin of victory in an election since Brazil reverted to democracy in the late 1980s. The result was 50.9% for Lula and…

The Conversation

Mortgages set to rise £6,700 a year after mini-budget crashed the economy

Many economists are saying that the Monetary Policy Committee is likely to raise interest rates again

Nottingham Post

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Al Jazeera

US midterm elections: What are the key issues?

Economy, abortion rights, immigration and democracy are dominating political debates ahead of critical US vote.

Daily Mirror

Cheapest time to run washing machine - but you need to be on a specific energy tariff

An Economy 7 tariff - or “time-of-use” tariff - usually gives you seven hours of cheaper energy, often between midnight and 7am although this can vary between suppliers

Asharq Al-Awsat

ENGIE: We Are Working with Saudi Arabia to Transition to Carbon-Neutral Economy

ENGIE CEO Catherine MacGregor affirmed that her company’s work in Saudi Arabia aligns with the Kingdom’s national transformation plan, Vision 2030, and its focus on accelerating the transition to a carbon-neutral economy. MacGregor pointed out that ENGIE, since the start of its business in Saudi Arabia more than two decades…

Birmingham Post

Welsh business confidence bounces back as firms report positive outlook on economy

However, firms in Wales were less confident in their own trading prospects

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The Independent UK

Inflation hits new record in Europe, slowing economy

Inflation just keeps punishing the European economy

Evening Standard

Watch: Just Stop Oil protesters paint the town orange

Just Stop Oil supporters have sprayed orange paint on four buildings in Central London. They are demanding that the government halts all new oil and gas licences and consents. At 8:30am today, 6 Just Stop Oil supporters sprayed orange paint from fire extinguishers on the Home Office, the MI5 building,…

Daily Mirror

Brits' mortgages set to rise £6,700 a year after Tories crashed the economy

The cost of a two-year fixed-rate mortgage has rocketed to 6.48% - meaning those who borrow about £200,000 will spend £6,698 more than they would've a year ago

ABC News

Victorian government defends budget handling as deficit jumps by $1.8 billion

Tim Pallas says the government took "very calculated and conscious" decisions to steer the state's economy through the pandemic, as fresh figures reveal a $1.8 billion jump in the budget deficit for this year.

Birmingham Post

How hotels could work together to bring more big events like Eurovision to Liverpool

We speak to BID chief Bill Addy as hotels vote on new proposals

Birmingham Post

South West firms concerned about economy - but positive about own prospects

Target areas for growth in the next six months include investing in teams and exploring new markets, the Lloyds report said

Bangkok Post

International Discord Undercuts Global Growth, Worsens Inflation

The global economy is once again under strain, but this time without the international cooperation that helped resolve previous post-Cold War crises. Instead, many of the world's biggest powers are now intent on undermining one another, with unsettling economic implications.

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