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Economics

  • Is London rebounding better than New York? That’s what the numbers say.

    October 30, 2023

    New York is trailing behind London across various key economic indicators, including employment and commercial real estate performance.

  • Germany one of the EU’s ‘growth laggards’ as economy shrinks slightly in third quarter

    October 30, 2023

    Germany's economy shrank slightly in the third quarter, data showed on Monday, as Europe's largest economy continues to be weighed down by weak purchasing power and higher interest rates.

  • Fall in bank lending adds to fears that UK recession already underway

    October 30, 2023

    The higher cost of borrowing is weighing heavily on consumer demand for new loans in a sign that the Bank of England's interest rate hikes are slowing economic activity.

  • Which region has suffered the most from UK’s £2.2 trillion fall in wealth?

    October 30, 2023

    The rise in interest rates has pushed total household wealth down across the UK, but the impact has been distributed unevenly around the country.

  • Why the outlook is bleak for UK firms despite first drop in profit warnings since mid-2021

    October 30, 2023

    Profit warnings among UK companies fell for the first time since 2021 in the third quarter, but access to credit is fast becoming a major concern for firms.

  • Bank of England set to leave rates on hold as economy teeters on edge of recession

    October 30, 2023

    The Bank of England will leave interest rates on hold for the second meeting in a row as policymakers attempt to bring inflation down to target without tipping the economy into a recession.

  • Massive expansion of Wimbledon tennis grounds gets closer after planning victory

    October 27, 2023

    The new Wimbledon Park Project is set to bring £38m to the London economy, including 250 new jobs.

  • Blockbuster US growth hits nearly 5 per cent – but what does it mean for interest rates?

    October 26, 2023

    The US economy grew at a startling pace in the third quarter of the year as the world's largest economy continues to shrug off the impact of the Federal Reserve's interest rate hikes.

  • ECB brings rate-hiking campaign to an end as bloc looks to be on cusp of recession

    October 26, 2023

    The European Central Bank (ECB) has finally brought its run of 10 consecutive rate hikes to an end as growth across the bloc looks set to slow over the coming months.

  • How can we make a success of change management in our ever – changing world?

    October 26, 2023

    Our world is being continually reshaped by shifting economic realities, rapid technological advances, evolving customer expectations and the transition to more sustainable business models. So, it is clear that if we are to drive greater creativity and innovation within our organisations, we need to be highly effective at embracing, managing, and exploiting the force of [...]

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