Fuel cost surge and dire economic forecast shatter PM’s hope of reset Zero-growth warning for UK as petrol prices surge and OECD says Britain will be weakest economy in G7 next year The Guardian - UK · Jun 8, 2022
US stocks will confront an earnings recession by the end of 2022 There are pervasive, and increasingly pronounced, signs that U.S. equities will be in a profit recession before the end of this year. Target Corp.’s warning on margins yesterday is emblematic of the problems faced by firms in an inflationary regime. Even if an economy-wide recession is avoided, the backdrop for… Tribune News Service · Jun 8, 2022
Levelling Up 'thin on new ideas and very short of money' says Lord Mandelson The former North East MP and Cabinet Minister has given a speech in the region to discuss politics, the economy, Brexit and other matters Chronicle Live · Jun 8, 2022
Inflation fuels Americans' recession angst The White House has gone to great lengths to tout the booming labor market. But stubborn inflation may trump all. Axios · Jun 8, 2022
Tory calls for 'indyref2 plans to be scrapped' fall flat in Holyrood vote A SCOTTISH Conservative motion aimed at having Holyrood agree to cancel plans for a second independence referendum has failed. The National (Scotland) · Jun 8, 2022
Irish Government ‘ignoring’ unionists’ concerns over protocol Sir Jeffrey Donaldson said the protocol has left him being treated like a second-class citizen. The Independent UK · Jun 8, 2022
4 Buy-Rated Mid-Cap Stocks to Buy in June Concerns about the potential for the economy to slip into a recession because of the Fed’s aggressive monetary policy tightening have fostered significant market volatility of late. While many analysts don’t expect inflation to increase further, investor uncertainty might persist through the end of this year. Therefore, we think the… StockNews.com · Jun 8, 2022
Worry about stagflation, a flashback to '70s, begins to grow Stagflation The Independent UK · Jun 8, 2022
UK economy to flatline in 2023 as cost of living crisis curbs spending , warns OECD Inflation set to rise to levels “not seen since the Seventies.” Evening Standard · Jun 8, 2022
There’s a simple way to fight the cost of living emergency: a £15 an hour minimum wage Opponents say this will lead to a wage-price spiral – but that’s an argument that’s stuck in the 1970s, says Labour MP Nadia Whittome The Guardian - UK · Jun 8, 2022
Amazon To Cease Gig Economy Delivery Service In Second Largest Market Amazon.com Inc (NASDAQ: AMZN) looks to shut down its gig economy delivery service in Germany, its second-largest market after the U.S., for undisclosed reasons, Benzinga · Jun 8, 2022
Tories under pressure as report says UK economy will grind to a halt next year THE UK economy will grind to a halt next year and will only be better than Russia’s among the G20, the OECD forecast on Wednesday. The National (Scotland) · Jun 8, 2022
Analysis: Colombia's extractive industries watching election warily Colombia's leftist firebrand presidential candidate Gustavo Petro is too close in recent polls for the comfort of oil companies and miners who worry that his promised policies would imperil Colombia's economy and energy self-sufficiency, high-ranking industry figures and business associations said. Reuters · Jun 8, 2022
UK on brink of recession and will fall behind all major economies except Russia, OECD warns Zero growth forecast for Britain next year and global average slashed to 2.8 per cent The Independent UK · Jun 8, 2022
The Guardian - UK · Jun 8, 2022 UK to be major economy worst hit by Ukraine war, says OECD Thinktank forecasts UK growth to slow to standstill in 2023, as impact of conflict felt
Birmingham Post · Jun 8, 2022 'Extremely challenging' recruitment in hospitality and tourism is costing economy billions of pounds Some pubs and restaurants closing an extra day, hotels closing some rooms and sometimes paring down dinner numbers
Birmingham Post · Jun 8, 2022 Wales Fast Growth 50: search on to find the fastest growing Welsh firms in 2022 Since being launched in 1999 firms on the annual lists of the fastest growing 50 firms in Wales have created additional revenues of £27bn
Wales Online · Jun 8, 2022 Why takeaway deliveries may not survive the cost of living crisis Takeaway and ride-hailing apps boomed during the pandemic but are now under critical pressure
Manchester Evening News · Jun 8, 2022 Residents' relief... and council's dismay: Reaction to HS2's 'Golborne Spur' being scrapped “To say I have put hundreds of hours into this campaign would be an understatement."
Dublin Live · Jun 8, 2022 Irish night-time economy to get huge transformation as pilot programmes set to launch Dancing could continue in nightclubs until as late as 6am and work is being done on a massive overhaul of the country’s antiquated drink laws
Irish Mirror · Jun 8, 2022 Timeline for major Ireland nightlife overhaul with new after-dark events and nightclubs open to 6am Nightlife in Ireland is set for a transformation in the coming months with the creation of a new nighttime economy that will see later openings and more cultural events into the night
The Independent UK · Jun 8, 2022 Japan's economy contracts, but at smaller rate than thought The government says Japan's economy contracted in the first quarter though at a slower rate than expected
Bangkok Post · Jun 8, 2022 Prayut urges steady interest rates Prime Minister Prayut Chan-o-cha called on the central bank to maintain its policy interest rate on Tuesday to curb a capital flight and support the domestic economy.
ABC News · Jun 7, 2022 World Bank warns recession 'hard to avoid' and Ukraine war creating a 'perfect storm' The World Bank is warning the war in Ukraine is combining with other risk factors to create a "perfect storm" and recession will be "hard to avoid".
Ballotpedia · Jun 7, 2022 Economy and Society: SEC’s disclosure proposal and the costs of compliance Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.