The Latest Breaking News from Economy

The British economy shrank by 0.5% in July after a series of strikes, particularly by doctors at the start of their careers, and unseasonably wet weather

The sports activities and amusement, recreation activities sector surged 12.4% in the month as the rest of the economy lagged behind

THERE are renewed concerns that the UK could be facing a recession as the latest figures show the

Manufacturing, services and construction sectors contract for first time since summer of 2022

All three main sectors of the economy in decline after strikes by doctors, radiographers and teachers, while construction and retail hit by wet weather

Summer washout hits retail and construction sectors – but chancellor insists there are ‘reasons to be confident’

Government minister Maria Caulfield conceded that the decline in GDP was “disappointing”

A record of more than one in five young Chinese are out of work, their career ambitions derailed by a depressed job market as the economy struggles to regain momentum after its long bout with COVID-19

Employees and experts hope the bill goes far enough, as it faces a Senate inquiry and attacks from industry groups

EY will establish a hub in the north-west of the country.

India to explore deep sea with 'Samudrayaan' mission; MoES, IIT-Tirupati & Vijnana Bharati organise symposium on 'National S&T Missions'; 'Blue Economy' to harness coastal resources, predict future cyclones & generate offshore energy; Niti Aayog, DRDO & CSIR discuss defence, tech warfare & social entrepreneurship.