The Latest Breaking News from Economy

UK ‘not out of the wood’ after narrowly avoiding recession

Bank of England still expects UK to enter ‘shallow’ recession

The Independent UK · Feb 10, 2023

GDP: No recession yet, but Britain’s not out of the woods

Break in Premier League games helps fuel economy slowdown

Evening Standard · Feb 10, 2023

UK economic growth hit zero at end of 2022

The economy contracted sharply in December meaning, overall, there was no growth in the economy over the last three months of 2022

Wales Online · Feb 10, 2023

Nigeria tests new voting system

Ahead of Nigeria's elections, voters help electoral authorities test out a new system meant to head off vote rigging. Also, we hear from Hamitraoré, an Ivorian activist trying to hasten FGM's end by bringing discussions about its impact into the open. Finally, Tunisians frustrated by a stagnant economy find new…

France 24 · Feb 9, 2023

Larry Summers compares the Fed's inflation fight to taking a medicine to fight an 'infection'—and says the 'risks are very large' that the economy tips into a recession

Former Treasury Secretary sees a soft landing as a possibility, but the risk of a recession still remains very high.

Fortune · Feb 9, 2023

Nigeria's cash shortage crisis taints election campaign

In tonight's edition: With little more than two weeks to go before Nigeria's presidential election, the tensions caused by a chaotic change in currency have soured the mood. Also, as daily rolling power cuts across South Africa continue to hit the economy hard, President Cyril Ramaphosa declares a state of…

France 24 · Feb 9, 2023

'Child care' or education? Words matter in how we envision living well with children

As people across Canada begin to understand the implications of the Canada-Wide Early Learning and Child Care program, public conversations often centre on the economic benefits of getting children back into quality child care, and their parents or guardians back into a robust Canadian economy.

The Conversation · Feb 9, 2023

Sunak and Hunt to host UK industry leaders to drum up investment

Meeting of prominent business executives will focus on creating jobs in hi-tech sectors to revive economy

The Guardian - UK · Feb 9, 2023

Income tax rates confirmed by MSPs as highest earners set to pay more

Public finance minister Tom Arthur said the rate was set against 'one of the most challenging periods for the economy'

The National (Scotland) · Feb 9, 2023

Larry Summers says the economy could be headed towards a 'Wile E. Coyote moment'

The Harvard economist warns the economy could walk "off a ledge" sometime this year. “I’m not predicting with confidence that that will happen, but I think the risks are significantly elevated.”

Fortune · Feb 9, 2023