The Latest Breaking News from Economy

BCG Economy and Apec: Just empty rhetoric?

The Apec Leaders' Summit in Bangkok this week includes an agreement to work toward the "Bangkok Goals" on Bio-economy, Circular Economy and Green (BCG) Economy beyond national borders. Many have raised the question of whether the Thai government, as host to the summit, genuinely aims to push forward this goal.…

Bangkok Post · Nov 18, 2022

Ukraine in focus at Apec

Most of the Asia-Pacific Economic Cooperation (Apec) leaders condemned the war in Ukraine while acknowledging that there are different views and assessments of the conflict.

Bangkok Post · Nov 18, 2022

Jeremy Hunt told to ‘come clean’ on economic cost of non-dom tax status

The IFS said abolishing non-doms would be worth around £3bn a year to the economy – roughly the same amount that will be added to next year’s NHS budget

The Independent UK · Nov 18, 2022

Blackouts hit Ukraine's small businesses, and wider economy, hard

Oleksii Revutskyi rolls his eyes when talking about the challenges Ukrainian businesses have faced lately.

Reuters · Nov 18, 2022

A tough Autumn Statement but some positives on R&D and innovation

Public spending on R&D will increase to £20bn a year by 2024-25, a cash increase of around a third compared to 2021-22.

Birmingham Post · Nov 18, 2022

Autumn statement 2022: what Sunak's first big announcement tells us about how he will lead the country

Understandably, much of the focus on the autumn statement – the plan for the UK’s finances outlined by chancellor Jeremy Hunt on November 17 – is on its economic impact. But all economic policy making has considerable political significance.

The Conversation · Nov 18, 2022

Revenue seize 51,500 litres of beer after spotting 'unaccompanied trailers'

The bust came as part of ongoing operations targeting the shadow economy and smuggling

Irish Mirror · Nov 18, 2022

UK economy damaged by ‘own goals’ like Brexit and Liz Truss’s Budget, economists say

Institute for Fiscal Studies says UK faces ‘long, unpleasant journey’ over next few years

The Independent UK · Nov 18, 2022

Relief meets fear as UK budget calms economy but brings pain

Britain’s Conservative government is defending its decision to hike taxes for millions of working people in the “squeezed middle” class as it tries to shore up an economy battered by double-digit inflation

The Independent UK · Nov 18, 2022

Wheels fall off the gig economy for Deliveroo

The government has committed to introducing legislation in 2023 for gig economy workers.

The New Daily · Nov 18, 2022