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The Latest Breaking News from Economy

Great British slowdown has hamstrung our economy – thinktank

Country needs successful firms to grow and struggling ones to shrink, says Resolution Foundation

The Guardian - UK

Beijing’s demographic crisis means China could get old before it gets rich

With millennials putting off children due to cost of living pressures, China’s economy could be derailed by its growing number of grey hairs

The Guardian - UK

Hunter and the nation has a lot riding on transition body's success

CRUCIAL LEADERSHIP: Combet ready to set out body's purpose and path

Newcastle Herald

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Political and business leaders still living in Fantasyland

The idea we can hit net zero targets and grow the economy just isn't real and will hit the wall, says Rob Campbell

Newsroom.co.nz

Economy bounces back after flooding, but primary industries fall

Business & investing: NZ economists warn better-than-expected GDP data likely to be temporary, and US Federal Reserve held its benchmark interest rate steady for a second time

Newsroom.co.nz

Albanese government pledges $41m for six Tafe centres of excellence and more higher apprenticeships

White paper to be released on Monday promises new policy initiatives including national skills passport

The Guardian - AU

Employment white paper to deliver more highly qualified workers in net zero, care and digitisation

The government will commit $41 million for technical and further education and “higher apprenticeships” when it releases its white paper on employment on Monday.

The Conversation

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Britain’s political debate is lacking bold, radical policies. This is your moment, Lib Dems

Ed Davey should go big on Europe, the economy and the environment at the party conference this week, says Max von Thun, a former adviser to the party

The Guardian - UK

Ordinary households, small businesses hit due to high unemployment and inflation: Jairam Ramesh

Jairam Ramesh said no matter how much the Modi government hides the data, the reality is that the vast majority of people are suffering.

The Hindu

‘I like him even better now’: Trump’s true believers keep the faith

Millions of Democrats and independents view Trump’s time in office as a disaster but for supporters it is his biggest asset

The Guardian - US

Rishi Sunak ‘could slash inheritance tax’ in dramatic shake-up

The state of the nation’s finances mean there is little prospect of a change in the near future.

Evening Standard

Hipkins goes on the attack in rally speech

Halfway through the campaign period and with Labour still falling in the polls, Chris Hipkins has debuted a new and more aggressive approach at a rally in Wellington.

Newsroom.co.nz

A year after Truss’s demolition job, the UK is still in a hole

Her worst ideas were reversed, but today’s economy is similarly floundering, as Sunak prepares for his own autumn budget

The Guardian - UK

Zombie Britain sees zero growth – and that’s the good news

Some surveys predict recession, but with pay and confidence rising, they may be wrong. That’s the best we, and the PM, can hope for

The Guardian - UK

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Motor1

2024 Nissan Sentra Priced From $21,725, Up $430 From Last Year

All 2024 models get revised styling, improved fuel economy, and Nissan's Safety Shield 360 as standard equipment.

The Guardian - UK

Axing HS2 Manchester leg would be a tragedy, says UK infrastructure chief

Sir John Armitt says cost of project needs to curbed, but that there are ‘massive benefits’ to economy in continuing

The Hindu

Use of AI has specific implications for the economy: Union Finance Secretary

Union Finance Secretary T.V. Somanathan delivered the CA S. Hariharan Memorial Lecture that was organised by The Institute of Chartered Accountants of India

Zenger

Mary Trump Calls Out Donald’s Lies In NBC Interview

Psychologist and niece of former president exposes false claims on economy, immigration, and Afghanistan

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news in one place.

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Barchart

Can U.S. Lawmakers Avoid a Government Shutdown?

U.S. lawmakers have less than ten days to come up with a spending bill to fund the U.S. government or risk a shutdown. An extended shutdown could roil the U.S. economy, which already must contend with an ongoing autoworkers strike, soaring gasoline prices, higher interest rates, and the restart of...

The Guardian - US

New York Times writer draws ire for blaming Biden’s economy for $78 airport meal

After David Brooks posted a photo of his burger and whiskey, many pointed out the cost of the drink probably pushed up the tab

The Hindu

Over 3,500 mining units halted operations in A.P. owing to burden of multiple taxes, says industry body

FEMMI's Ch. Rao urges A.P. govt. to meet stakeholders as 50,000 workers lost livelihood due to mining crisis. 10,000 workers of Srikakulam's granite industry unable to earn daily wage. Govt. has not implemented simplified slab system & reduced power tariff. Consideration Tax, 10-fold increase in dead rent & compulsory production…

Al Jazeera

Ghana police arrest 49 as high cost of living triggers street protests

In recent months, public discontent has been growing in Ghana over the rising cost of living for everyday people.

USA Today Sports Media Group

David Brooks’ $78 Newark Airport meal gripe that went viral is now a hilarious meme

This is now a meme everywhere.

Evening Standard

Hopes for the high street and the economy rise as economic gloom lifts

Better-looking retail sales and consumer confidence numbers are published in same week BOE holds rates

Evening Standard

FTSE 100 Live: ‘Recession increasingly likely’, shares end week lower

Retail sales figures have kept the UK economy in focus after yesterday’s knife-edge rates decision by the Bank of England.

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