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Evening Standard

Business

City Staff

FTSE 100 Live: Recession warning, Balfour Beatty gets £1.2bn contract

Balfour Beatty Recession EY ITEM Club United Kingdom

The UK’s economic outlook is in focus today after EY Item Club warned the recession will be deeper than it thought three months ago.

The consultancy sees a 0.7% contraction for this year, compared with 0.3% predicted in October. This will be followed by growth of 1.9% in 2024, down from the 2.4% improvement seen previously.

In today’s corporate news, Balfour Beatty said it has secured the National Highways’ £1.2 billion Lower Thames Crossing contract.

Top News

US Senate finds Commerce Department’s efforts to enact bans and sanction “inadequate” — investigation finds agency underfunded, must rely on voluntary compliance by chipmakers

The U.S. Senate found that the Department of Commerce isn't effective in enforcing Washington's bans and sanctions due to lack of funding.

Tom’s Hardware

Seven-year-old boy begins open-heart surgery after being hit in Florida drone show

Several aircraft fell and collided into the crowd at an holiday event in Orlando, leading to Alexander’s hospitalization

The Guardian - US

IRS is sending unclaimed stimulus checks to 1 million taxpayers. How to find out if you’re one of them

These payments will be automatically sent to eligible taxpayers by the end of the month

The Independent UK

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Dozens of MPs in Justin Trudeau’s Liberal party agree prime minister should resign

Core of the Liberals have abandoned Canada’s prime minister after last week’s resignation of his deputy

The Guardian - US

Saudi Arabia ‘had asked for extradition’ of suspect in Magdeburg attack

Riyadh warned Germany many times about danger posed by Taleb Jawad al-Abdulmohsen, source says

The Guardian - UK

Top News

US Senate finds Commerce Department’s efforts to enact bans and sanction “inadequate” — investigation finds agency underfunded, must rely on voluntary compliance by chipmakers

The U.S. Senate found that the Department of Commerce isn't effective in enforcing Washington's bans and sanctions due to lack of funding.

Tom’s Hardware

Seven-year-old boy begins open-heart surgery after being hit in Florida drone show

Several aircraft fell and collided into the crowd at an holiday event in Orlando, leading to Alexander’s hospitalization

The Guardian - US

IRS is sending unclaimed stimulus checks to 1 million taxpayers. How to find out if you’re one of them

These payments will be automatically sent to eligible taxpayers by the end of the month

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Dozens of MPs in Justin Trudeau’s Liberal party agree prime minister should resign

Core of the Liberals have abandoned Canada’s prime minister after last week’s resignation of his deputy

The Guardian - US

Saudi Arabia ‘had asked for extradition’ of suspect in Magdeburg attack

Riyadh warned Germany many times about danger posed by Taleb Jawad al-Abdulmohsen, source says

The Guardian - UK

Our Picks

She's here for 'a kitchen pep talk' during the holiday whirlwind

If you’re feeling too overwhelmed to cook during the holidays, maybe a new book by Margaret Eby can help

The Independent UK

All the celebrities that have supported Blake Lively after Justin Baldoni lawsuit

Lively has received a huge amount of support after filing the lawsuit against Baldoni

The Independent UK

Where’s Santa? Here’s how to track his journey this Christmas Eve

NORAD’s Santa Tracker website launched this year on December 1

The Independent UK

Gen Z’s politics are hard to categorize – and a harbinger of a new political order

The great clashes to come will be less between left and right than between those inside and outside a dying establishment

The Guardian - US

Bianca Jagger feels 'empowered' in suits

Bianca Jagger was always drawn to wearing suits because she wanted to feel "powerful" like her father.

BANG Premier

‘A long-distance hug’: readers and gen Z on the joy – and expense – of sending Christmas cards

Sales of Christmas cards are down as soaring price of stamps means many people opt for digital festive greetings

The Guardian - UK

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