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The Latest Breaking News from Economy

Brits 'pushed to breaking point' with £4,000 real wage drop over 3 years, warns TUC

In her final congress speech, Frances O'Grady will blast the 'toxic' Tories for their botched handling of the economy and say families 'cannot afford to tighten their belts any more'

Daily Mirror

TUC general secretary says workers and families ‘pushed to breaking point’ by cost of living crisis

Frances O’Grady to warn of national "despair" over economy as she delivers final Congress address

Insider UK

Fears Xi Jinping flaunting 'collective prosperity' in CCP Congress speech, signalling further winding back of economic reforms

Certain words have been singled out as experts dissect the meaning behind Chinese President Xi Jinping's "work report" speech to the CCP's 20th National Congress, where he is vying for an unprecedented third term.

ABC News

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BoI okays new five-year promotion strategy

The Board of Investment (BoI) has approved a new five-year investment promotion strategy, with the aim of building Thailand's "new economy".

Bangkok Post

Tourism, consumption lead GDP growth

The economy is on course for continuous recovery driven by increasing tourism activities and active private consumption, with the growth rate expected to return to pre-Covid level by the end of this year or beginning of 2023, according to Anucha Burapachaisri, the government spokesman.

Bangkok Post

Biden's New Industrial Policy Will Fail, Just Like Industrial Policy Always Fails

While campaigning for the midterm election, the president is promoting a disastrous and expensive form of economic protectionism.

Reason

All the main points from the new independence paper launched today

Everything you need to know on official plans for currency, the economy, borders and plans to re-join the EU from the Scottish Government's new…

The National (Scotland)

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£2.4m awarded to deliver green skills training in the North East

The bootcamps are designed to equip people with the skills they need to take on roles in the growing ‘green economy’

Birmingham Post

Raghuram Rajan explains why India should not follow China's economic model

NEW DELHI: Encouraging India to adopt a services-led export model, former Reserve Bank of India (RBI) governor Raghuram Rajan said that following China's manufacturing-led export path would have been detrimental to world economy.

The Times of India

Nicola Sturgeon’s new Scottish independence paper – the key points

The paper aims to answer questions around the economy of an independent Scotland.

The Independent UK

Mini-Budget U-turns mean interest rates may NOT rise as much as feared, say experts

The new Chancellor Jeremy Hunt this morning announced he will scrap major policies planned by his predecessor Kwasi Kwarteng, in an attempt to calm rattled markets

Daily Mirror

Sturgeon: Stronger, fairer economy best achieved through independence

The First Minister refused to be drawn on how long an independent Scotland would continue to use sterling.

The Independent UK

Democrats used to avoid talking about abortion with Latino voters. Then Roe was overturned

MIMBRES, New Mexico — Gabe Vasquez’s latest campaign ad is simple to the point of austere: Black-and-white portraits of women, a melancholic piano score, and a recitation of his opponent’s stance on abortion.

Los Angeles Times

This year's election: Only one issue

Of course the economy and reproductive rights are important. But in the shadow of fascism, they almost don't matter

Salon

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The Independent UK

Sturgeon: Setting timetable on continued use of sterling would be irresponsible

The First Minister said a ‘stronger, fairer, more sustainable economy’ for Scotland is only possible under independence.

StockNews.com

3 Recession-Resistant Stocks to Buy in 2022

Persistent inflationary pressure and consecutive rate hikes have hit the U.S. economy’s growth prospects and raised fears of a recession. Amid this, investing in defensive stocks Coca-Cola (KO), Humana (HUM), and Casey’s General Stores (CASY) could be wise. Read on….

Axios

China's shifting economic storyline

A precedent-defying third term won't be based on the same kind of growth that's defined the world economy for decades.

The Guardian - UK

The Big Idea: Do governments really control their economies?

With markets, technocrats and voters on their backs, can politicians change anything?

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The National (Scotland)

Janey Godley slams Scottish Tories fuming over SNP as UK falls apart

SCOTTISH comedian Janey Godley has hit back at fuming Scottish Tories as the UK Government continues to crumble.

The National (Scotland)

Nicola Sturgeon unveils economic case for Scottish independence in new paper

NICOLA Sturgeon has published a new document laying out her plans for an independent Scotland.

Wales Online

Nicola Sturgeon sets out plans for Scottish independence amid claims UK economy is 'failing' and 'holding Scotland back'

The paper is expected to set out proposals including re-joining the European Union for access to the Single Market

The National (Scotland)

Chancellor confirms Austerity 2.0 with major spending cuts coming

THE Chancellor has confirmed the public sector will be forced into major spending cuts as part of his plans to stabilise the economy.

Los Angeles Times

With Californians distressed over inflation, how will it affect the vote?

LOS ANGELES — At the Winery Restaurant in Newport Beach, which has sweeping views of the harbor and a luxurious wine list, the chile-lime-rubbed mahi-mahi served with tropical fruit chutney and jasmine rice cost diners about $32 in early 2020.

Daily Record

Tory MSP warns Liz Truss she has 'days' to turn situation around amid party 'civil war'

Liz Smith, finance and economy spokeswoman for the Scottish Conservatives at Holyrood, said the Prime Minister Truss was "in an extremely difficult position".

The Guardian - UK

It’s the menopause, stupid – why Britain can’t afford to ignore women’s health

Failing to properly support women through the menopause is disastrous for the UK economy. That’s why we’re calling for change, says author Kate Muir

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