The Latest Breaking News from Economy

Boeing and Airbus intensify search for skilled talent in India

Boeing Co. and Airbus SE are increasingly looking to India for highly-skilled, low-cost engineers to meet a boom in demand for aircraft and expand their manufacturing presence in the world’s fifth-largest economy.

Tribune News Service · Mar 17, 2023

UK economy will deliver worst performance of any advanced country this year

Britain’s GDP is forecast to fall by less than previously expected, but is still behind all other major economies

Evening Standard · Mar 17, 2023

Welsh Government should fight for new investment zones

Welsh Ministers should fight hard to ensure that two of the four zones announced in the Budget come to Wales

Birmingham Post · Mar 17, 2023

Westpac urges RBA interest rates pause as major banks hike rates

The Reserve Bank is tipped to pause its record-breaking run of interest rate hikes in April as the economy slows faster than expected.

The New Daily · Mar 17, 2023

Plans to scrap BBC Singers sends ‘incredibly bleak message’ – letter

Senior members of the UK choral industry say the decision was ‘a huge false economy’.

The Independent UK · Mar 17, 2023

Treasurer flags more work needed to boost productivity

A review into Australia's woeful productivity performance is expected to contain 71 reform recommendations to lift pay packets and boost national prosperity.

The New Daily · Mar 16, 2023

Hard work ahead to boost nation's productivity

Climate policy, the migration system, workplace laws and health and education systems have been earmarked for reform under a review of Australia's productivity.

AAP · Mar 16, 2023

How banking turmoil is changing the economic outlook

A handful of large, troubled U.S. regional banks may well accomplish what the mighty Federal Reserve couldn't on its own.

Axios · Mar 16, 2023

Inflation Drives Up Fab Costs for Intel and Samsung by Billions of Dollars

To address future demand for semiconductors amid severe chip shortages of 2020 – 2022, all leading chipmakers announced plans to build new fabs and even disclosed their estimated costs. But spiraled inflation, caused by the disruption of supply chains by the pandemic and then by the Russian war against Ukraine,…

AnandTech · Mar 16, 2023

Jeremy Hunt's budget is more about short-term politics than the economy

Jeremy Hunt’s first budget day as chancellor was in many ways more about politics than economics.

The Conversation · Mar 16, 2023