One in five Brits is neither in work nor looking for work—it’s chronic More than five million of us are completely economically inactive and claiming out-of-work benefits. Evening Standard · Nov 24, 2022
Unemployment claims rise to 240,000, highest since August The number of Americans applying for unemployment benefits rose the highest level since August but still remained low by historic standards The Independent UK · Nov 23, 2022
Scots continue to cut spending amid universal pessimism over the economy 93% of Scots believe economic conditions are worse now than they were this time last year Insider UK · Nov 23, 2022
How Long? How Often? 10 Facts About Economic Recessions Fears of an economic downturn are once again on the rise, but what is a recession, exactly? We tackle this and other questions here. Kiplinger · Nov 22, 2022
More feel poor as cost of living bites Soaring inflation and rising interest rates are damaging Australia's sense of community and could put the nation's resilience at risk. AAP · Nov 22, 2022
UK forecast for 'worst recession among top economies' due to Brexit and Tory policies The latest forecast from the OECD revealed a sharp downgrade for the UK economy, which is expected to shrink by 0.4 in 2023 and grow by just 0.2… The National (Scotland) · Nov 22, 2022
UK ‘to face worst downturn of major economies’ in 2023, says OECD Britain facing recession which much of world will avoid, says report The Independent UK · Nov 22, 2022
Energy support leads to jump in UK borrowing UK borrowing is on course to hit an eye watering £130bn by the end of the financial year Evening Standard · Nov 22, 2022
What is a Swiss-style Brexit deal, and could Britain have one? Switzerland’s relationship with the EU is not simple The Independent UK · Nov 21, 2022
Biden's soft landing message The Biden administration has developed a mantra when talking about the economy. Axios · Nov 21, 2022
End Brexit rows and use immigration to solve worker shortage, CBI chief to tell MPs ‘The best guarantor of Brexit is an economy that grows. Its biggest risk is one that doesn’t,’ Tony Danker says The Independent UK · Nov 21, 2022
Make tough choices on Brexit and immigration to boost growth, says CBI Senior politicians are expected to attend the business body’s two-day conference. The Independent UK · Nov 21, 2022
Millions more to need benefits as recession woes bear down The Office for Budget Responsibility forecasts a 13.4 per cent rise in people placed on health and disability benefits The Independent UK · Nov 20, 2022
The Observer view on Britain’s financial crisis being made in Russia – oh, come off it, Jeremy Hunt Britain is largely in the mess it’s in because of a decade of Tory austerity policies, compounded by the destructive lies told about Brexit The Guardian - UK · Nov 19, 2022
The Guardian - UK · Nov 19, 2022 ‘I can’t see any light at the end of the tunnel’ – a family reacts to the autumn statement The Burns family is still recovering from Covid’s financial fallout but now higher bills and rising taxes are hurting too
The Independent UK · Nov 18, 2022 UK economy damaged by ‘own goals’ like Brexit and Liz Truss’s Budget, economists say Institute for Fiscal Studies says UK faces ‘long, unpleasant journey’ over next few years
The New Daily · Nov 18, 2022 Michael Pascoe: Once more for the dummies – we need higher wages Inflation is more than double the headline wages growth – wages are lagging, not leading, Michael Pascoe writes.
The Guardian - UK · Nov 18, 2022 Hunt’s budget will mean 19 years of wage stagnation, warns thinktank Resolution Foundation says had wages grown at the same rate as before 2008, annual pay in 2027 would have been £15,000 a year higher
Leeds Live · Nov 18, 2022 'Liz Truss left us in turmoil and it is getting worse' says people of Leeds after Autumn statement People across the city have felt the effects of the cost of living crisis
Wales Online · Nov 17, 2022 Disposable income to suffer biggest drop since 1956 Watchdog shares grim outlook after Chancellor Jeremy Hunt outlines billions of pounds of stealth taxes and cuts
The Guardian - UK · Nov 17, 2022 Biggest hit to living standards on record as Hunt lays out autumn statement Austerity is pushed back until after the next election amid evidence of higher energy bills and a protracted recession
Manchester Evening News · Nov 17, 2022 Autumn budget key points at a glance and what it means for you Chancellor Jeremy Hunt announced a wave of new economic measures on Thursday
The Independent UK · Nov 17, 2022 Autumn statement 2022: Grim historic milestones facing the UK economy Living standards are set to slump back to levels last seen in 2013/14.
The National (Scotland) · Nov 17, 2022 UK Budget leaves Scotland with 'no hope' of helping those most in need, says Swinney THE Chancellor's budget announcements leave the Scottish Government with 'no hope' of helping those most in need when it comes to setting its own…
The Independent UK · Nov 17, 2022 Swinney: Increasing public sector pay will mean spending cuts It comes as nurses and teachers have voted to strike in a bit for a better wage deal.