Dollar eases as investors price out 'Armageddon recession' risk
The dollar eased on Thursday as investors scooped up higher-risk currencies after a run of strong U.S.
Sticky inflation prompts EBRD to trim 2023 growth outlook for its region
High gas prices and persistent inflation eroding real wages will limit growth in emerging Europe, central Asia and north Africa, the European Bank for Reconstruction and Development (EBRD) said in its regional economic outlook report released on Thursday.
Inflation will add £18 billion to UK non-food retail sales in 2023
Research from Metapack, ShipStation and Retail Economics reveals consumers tend to pay more for less, with inflation adding £18.2 billion to UK non-food sales, regardless of the decline in volumes by 4.9%.
Stock markets diverge as traders react to inflation numbers
Europe stock markets climbed Wednesday after Asian counterparts finished lower, with traders digesting news of cooler UK and US inflation.
Insight
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UK inflation retreats further, remains above 10%
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Global shares edge higher ahead of U.S. inflation data, yen firms
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London stocks hit record peak, dollar drops before US inflation
AFP News -
Companies that employ technological innovations will succeed, according to Descartes System Group
Adewunmi Adedayo
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Virgin Media O2 is leading the initiative to establish greater career opportunities in the UK workspace
Virgin Media O2 has outlined the impact its 350 apprenticeships in 2023 could have in crafting greater career pathways and helping the UK's economic state.
UK set to become a pioneer world exporter of GreenTech
The UK could be at the forefront of a new leading business and environmental model that could open up new future opportunities for the country and perhaps hope for brighter, more sustainable times in the long run.
Countries warn EU against 'crisis mode' overhaul of energy market
Denmark, Germany, the Netherlands, Estonia, Finland, Luxembourg and Latvia have warned Brussels not to rush into major changes to the European Union's electricity market in response to the energy crisis, calling instead for limited tweaks to the system.
EU lifts growth forecast as eurozone skirts recession
Europe's economy will grow more than previously forecast this year as it avoids a winter recession, with inflation expected to ease as gas prices have fallen, the European Commission said Monday.
European shares rise as defence stocks rally
European shares rose on Monday as defence stocks jumped on news of India aiming to triple its defence exports, while a fall in real estate stocks on disappointing quarterly results from Sweden's Castellum countered gains.
Findings from Reboot reveals people working from home offices are more productive
Four-day working from home week might have an 'overall better work/life balance', says Reboot's Managing Director Naomi Aharony.
Scrapping of return train tickets could be difficult for businesses and entrepreneurs
Founder of Social Chain and Fearless Adventures Dominican McGregor expressed worry over the scrapping of return train tickets as it will affect many negatively.
Marketmind: inflation contemplation
A look at the day ahead in Asian markets from Jamie McGeever.
UK firms plan biggest pay rises since 2012 to fill staff gaps
British employers expect to raise wages for their staff by the most in at least 11 years but the 5% pay deals for workers would still fall well below expected inflation, a survey published on Monday showed.
European stocks set for weekly loss; yen gains on likely new BOJ head
European stocks fell on Friday as investors fretted about the impact of interest rate hikes on growth, while the yen benefited from reports that academic Kazuo Ueda was set to be appointed Japan's next central bank governor.
UK economy shows zero Q4 growth, narrowly avoids recession
Britain's economy showed zero growth in the final three months of 2022 - enough for it to avoid entering a recession for now - but faces tough prospects in 2023 as households continue to wrestle with double-digit inflation.
UK entrepreneurship in 2023 shining brighter than inflation would make it out to be
The recently released Oracle NetSuite study foreshadows optimistic growth for UK entrepreneurs and foreshadows a glimpse of hope for economic development.
Latest interest rate increase is 'bad news' for business owners, claims finance expert
A leading business finance expert has claimed that the latest increase in interest rates is 'bad news' for many businesses.
Logistics execs see 2023 recession as 'Likely' or 'Certain'
The Agility Emerging Markets Logistics survey 2023 paints a sober picture, with more than 2/3 of respondents seeing a 2023 recession as 'Likely' or 'Certain'.
European shares hit nine month high, dollar wobbles after Powell remarks
Global shares jumped and most currencies rose against the dollar on Wednesday as investors discerned a dovish tone in comments from Federal Reserve Chair Jerome Powell, though a policy tweak by the ECB meant European bonds sat out the rally.
Canadian dollar to rise later in 2023 on more favorable global outlook
The Canadian dollar is set to rise later this year as the global economic outlook turns more favorable for commodity-linked currencies and investors bet central banks will cut interest rates in 2024, according to a Reuters poll released on Wednesday.
Report reveals businesses are still suffering under steep rents and Covid's continuing impact
According to recent research, Blackpool is among the five cities with highest rate of return for businesses in the UK.
What is happening with the Bounce Back Loan Scheme?
Reports estimate £4.3 billion was been written off as being lost to fraudsters since the start of the Bounce Back Loan Scheme.
Emerging market funds see big inflows in January on China reopening
Emerging market bond and equity funds received heavy inflows in January after a dry patch last year, aided by China's reopening and softening inflation pressures worldwide.
Stocks drop on tech concerns, before jobs data in US
European and Asian stock markets mostly dropped Friday, hit by concerns for the US tech sector after poorly-received earnings.
Stocks mostly rise after more central bank rate hikes
European and US stock markets mostly rose on Thursday after the European Central Bank and Bank of England raised interest rates, joining the US Federal Reserve in moving once again to cool sky-high inflation.
Cost of living crisis tests striking French workers
French railway worker Franck Viger-Brunet says he and his comrades have to count carefully the costs of going on strike to force President Emmanuel Macron to back down on plans to hike the retirement age by two years to 64.
Libraries offer novel 'warm space' for hard-up Britons
UK public libraries are government-funded via local councils but have suffered from large budget cuts in recent years.
Eurozone dodges recession but gloomy outlook persists
The eurozone economy showed greater resilience than expected after avoiding a recession in the fourth quarter of 2022, official data showed Tuesday, but the outlook remained gloomy as soaring prices dampen growth.
IMF lifts 2023 growth forecast on China reopening, strength in U.S., Europe
The International Monetary Fund on Tuesday raised its 2023 global growth outlook slightly.
Three years on, Britain still waits for Brexit dividend
Three years after its departure from the European Union, Britain is yet to benefit from the Brexit dividend that was promised for its economy as it lags its peers on multiple fronts, including trade and investment.
Japan PM says can't rule out return of deflation despite price spike
Japanese Prime Minister Fumio Kishida said on Friday that a return to deflation in the world's third-largest economy cannot be ruled out, because domestic demand remains weak.
Spain posts strong growth for 2022 despite inflation
Spain's economy grew faster than expected in 2022 as strong domestic consumption and a surge in investement offset worries over high inflation, officials figures showed Friday.
Visa revenue growth slows more as tough economy sobers spending
Visa Inc's revenue growth continued to wind back to pre-pandemic levels in the first quarter as the post-lockdown travel craze ebbed and consumer spending slowed in a tough economy.
U.S. inflation roller coaster prompts fresh look at long-ignored money supply
The amount of money sloshing around the U.S. economy shrank last year for the first time on record, a development that some economists believe bolsters the case for U.S.
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