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The Latest Breaking News from Economy

Upfront Preview: Economy, Streaming, Measurement Make This Year’s Market Unique

Sports and unscripted play bigger role

Multichannel News

Erdoğan leads in tight race: what next for Turkey’s economy?

President Recep Tayyip Erdoğan has defied the polls to lead his main rival in the first round of voting in Turkey’s make-or-break presidential election.

The Week

European economy expected to grow faster than forecast, says EU

Revised outlook for 2023 and 2024 puts average growth for 27-member bloc at 1%

The Guardian - UK

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Thai economy grows 2.7% in first quarter

Thailand's economy grew 2.7% in the first quarter thanks to a steady tourism recovery and strong consumer confidence that offset sluggish exports, officials said Monday.

Bangkok Post

'What is the value of a wave?' North Devon named the UK's first-ever World Surfing Reserve

BusinessLive spoke to Dr Gregory Borne, senior lecturer in sustainable development at Plymouth Marjon University about the research being undertaken to establish what this means for the local economy

Birmingham Post

Europe's outlook for economic growth brightens — a little

The European Union’s executive body raised its economic growth forecast, saying Europe had dodged a winter recession that was feared amid an energy crisis

The Independent UK

GPs aiding international student agents to exploit Australian visa ‘loophole’, inquiry hears

Agents earn extra commission by shuffling foreign students between providers in what Labor calls an unethical ‘shadow economy’

The Guardian - AU

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Co-chair appointed for government group to work with private sector

The group will meet for the first time this week, aiming to ease the transition to a wellbeing economy

Insider UK

Isle of Man to grow cannabis business to diversify economy

British crown dependency hopes to license as many as 10 medicinal cannabis firms by end of 2025

The Guardian - UK

Petrol and diesel retailers pump up profit margins; Europe approves Microsoft’s $69bn Activision Deal – as it happened

Fuel margins have increased across the retail market, but in particular for supermarkets, over the past four years, says competition watchdog

The Guardian - UK

Macron vows to build back factories, boost France's economy shaken by pension protests

French President Emmanuel Macron has ambitions to build factories to boost job creation and make his country's economy more independent

The Independent UK

Q1 GDP grows 2.7% y/y, beats expectations

Thailand's economy expanded 2.7% in the first quarter from a year earlier, official data showed on Monday, faster than expectations, as private consumption and tourism rebounded.

Bangkok Post

Uptick in job creation helps fuel 'renewed vigour' North West's economy

NatWest has published its latest UK Regional PMI survey

Birmingham Post

Braverman: Cut immigration or Britons will forget how to work

UK needs to train its own people to work as HGV drivers, fruit pickers and butchers, home secretary says

The Independent UK

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The New Daily

Hair’s breadth race in high-stakes Turkey election could end in runoff

Counting is underway in Turkey's election which will also decide how it is governed and where its in-crisis economy is headed.

Daily Mirror

Labour leader Keir Starmer demands a general election NOW to end 13 years of Tory hell

In an interview with the Mirror, Keir Starmer warned that struggling families cannot afford another day of this Tory government as he urged Rishi Sunak to hold an election

The Independent UK

Turkey’s presidential election heading for run-off as Erdogan gains upper hand

Opposition seeks to end Recep Tayyip Erdogan’s two decades in power

Daily Mirror

Manufacturing boom for towns, countryside and coast 'could pump £70bn into economy'

A study by the Centre for Progressive Policy think tank has calculated the potential impact of reviving heavy industry across swathes of Britain

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The Guardian - UK

The UK has a PR plan masquerading as an industrial strategy

Britain says it has no need for Biden-style green subsidies as it has a thriving renewables sector. The complacency is staggering

Reuters

Six lions killed in Kenya in blow to conservation efforts

Six lions have been killed in a national park in southern Kenya, in a blow to conservation efforts and the tourism industry that is a key pillar of the nation's economy.

Wales Online

Bank of England interest rate rise could be the last for a while

The UK’s new 4.5% base rate may seem high, but it’s actually quite low compared to the 1980s and 1990s

ABC News

Fur seal population divides Narooma over impact on tourism, fishing and economy

There's debate about whether a colony of fur seals in Narooma on the New South Wales far south coast helps or hinders the local economy.

The Guardian - AU

How to fly economy class but feel like you’re in business

After Air New Zealand revealed new economy-class sleep pods, we look at other ways to make a long journey in the cheaper seats a bit more bearable

The National (Scotland)

How Ireland's resurgence reveals potential for an independent Scotland

IT’S a country where record tax revenues are being stashed for future generations, the population has reached the highest level in nearly two…

Reuters

Head of Russia's crime agency suggests nationalising key parts of economy

The head of Russia's federal crime agency on Saturday suggested that key sectors of the economy should be returned to state ownership to support Moscow's war in Ukraine.

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