The Latest Breaking News from Economy

Bristol Airport expansion gets go-ahead as High Court appeal dismissed

The transport hub said the decision was 'excellent news' for the South West economy

Birmingham Post · Jan 31, 2023

UK to be worst-performing major economy in 2023 (including Russia), says IMF

Friends say I’m obsessed with the US economy. And they’d be right. First, there’s its sheer size: 24 per cent of global GDP on 4 per cent of the population. Second, its relentlessness: prior to the Covid-19 pandemic, America was enjoying its longest-ever economic expansion. Third, the wealth it generates…

Evening Standard · Jan 31, 2023

Bad economics at the BBC enabled Tory austerity and its aftermath – and it knows as much

Too many journalists don’t get ‘basic economics’, an internal review says. Imagine the effect that’s had on UK politics, says James Meadway of the Progressive Economy Forum

The Guardian - UK · Jan 31, 2023

The Standard View: Britain’s economy is falling behind, with little end in sight

After national security, a strong economy is the top priority for any democratically-elected government. Sustainable growth and low inflation don’t just look good in Budget red books, they materially improve the lives of citizens. But in absolute and relative terms, Britain is falling behind.

Evening Standard · Jan 31, 2023

Economic Survey: Capital Expenditure In India Rises 63 Per Cent In 2022-23

Capital expenditure spending in India increased by 63.4 per cent in the first eight months of 2022-23 according to the Economic Survey document for 2022-23, which was tabled in Parliament on Tuesday. Read full story on Dynamite News:

Dynamite News · Jan 31, 2023

Watch: James Cartlidge makes statement after IMF forecasts UK economy to shrink

Watch as British junior finance minister James Cartlidge makes a statement on the latest IMF forecast, which slashes the UK’s growth outlook.

The Independent UK · Jan 31, 2023

Why the UK economy is worse off than Russia and other EU countries

IMF says UK economy will contract by a worse-than-expected -0.6 per cent

The Independent UK · Jan 31, 2023

SNP and Labour blame Tories for predicted economy shrink

The UK is set to be the only major economy to shrink this year with all other developed nations experiencing growth, including sanction-hit Russia.

Daily Record · Jan 31, 2023

Editorial: The Urgent Need for Global Cooperation

In an increasingly divided world where countries are moving away from global supply chains, there’s a pressing need to continue strengthening international cooperation to address challenges such as recession risks and climate change

Caixin Global · Jan 31, 2023

Cash Is King in Lebanon as Banks Atrophy

The money exchange shop in Lebanon's Bekaa Valley was buzzing with business. Cellphones pinged endlessly and employees shouted out various rates as customers flocked in carrying plastic bags of the crashing local currency to buy US dollars. "Welcome to the Wall Street of Lebanon," grinned the storefront's owner, a machine…

Asharq Al-Awsat · Jan 31, 2023