The Latest Breaking News from Economy

UK ‘at risk of recession next year’ due to soaring interest rates, economists warn

The National Institute of Economic and Social Research warns it will be another year until UK GDP recovers to where it was before the coronavirus pandemic

The Independent UK · Aug 9, 2023

Bank shares rally as Italy waters down windfall tax; UK heads towards five years of lost economic growth – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK · Aug 9, 2023

Advanced manufacturing 'key' to transforming Hunter economy

'There's so much pressure from government around sovereign manufacturing.'

Newcastle Herald · Aug 9, 2023

Scotland has had ‘slower growth’ in employment and wages since 2014, report says

Scottish Liberal Democrat economy spokesperson Willie Rennie MSP said the SNP must get serious about ending ‘depressed economic performance’.

The Independent UK · Aug 8, 2023

UK economy faces ‘stuttering growth’ due to higher interest rates – think tank

The National Institute of Economic and Social Research said in its main forecast that the economy will avoid a recession

The Independent UK · Aug 8, 2023

Local businesses in northern Nigeria feel the sting of regional sanctions against neighboring Niger

A decision by a bloc of West African nations to shut down their borders with Niger as a way of sanctioning its coup plotters is harming local businesses in northern Nigeria, where a cross-border economy has boomed for years

The Independent UK · Aug 8, 2023

How Less-educated Whites Fell Behind and Blamed Race

In Arkansas, a reporter examines the effects of stagnant economy on the place she came from, and how it encouraged racism among white people.

Texas Observer · Aug 8, 2023

International Sustainability Standards Board and European Union release ESG reporting standards

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia · Aug 8, 2023

Crude Undercut by Concern about Weak Chinese Energy Demand

September WTI crude oil (CLU23 ) this morning is down -0.16 (-0.20%), and Sep RBOB gasoline (RBU23 ) is down -0.37 (-0.13%). Crude oil and gasoline prices this morning are moderately lower. A stronger dollar today is weighing on energy prices. Also, concerns about China's economy are undercutting crude prices...

Barchart · Aug 8, 2023

The death of the nightclub: what Britain will lose when the dancing stops

More than a third of Britain’s nightclubs have closed since June 2020. Yet they boost mental health and artistic innovation - and bring in billions for the economy

The Guardian - UK · Aug 8, 2023