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Economics

  • Pay growth slows again even as public sector awards hit record annual levels

    September 20, 2023

    "This month’s data reinforces the XpertHR view that we have reached the peak of higher pay awards, and for the remainder of the year we can expect settlements and increases in pay to slowly begin to fall," Sheila Attwood, XpertHR senior content manager, said.

  • UK ninth ‘freest country’ in new ranking despite ‘alarming’ declines in key areas

    September 19, 2023

    The UK climbed seven places to rank ninth freest country in the world between 2020 and 2021, despite "alarming" declines in some areas.

  • UK set for stubborn inflation and slow growth, OECD warns

    September 19, 2023

    Inflation in the UK will be higher than previously expected next year while growth will be lower, according to cheerful new forecasts from the Organisation for Economic Co-operation and Development (OECD).

  • Stubborn inflation poses risks to financial stability, central bank watchdog warns

    September 18, 2023

    Markets should not fall into the trap of thinking that inflation is decisively on its way down, the Bank of International Settlements has warned.

  • Liz Truss: Bank of England mandate should be reviewed after inflation failures

    September 18, 2023

    Former Prime Minister Liz Truss reiterated her claim that the Bank of England should have its mandated reviewed due to its failures to get a grip on inflation.

  • Brexit: Starmer will seek overhaul of Boris Johnson’s trade deal

    September 18, 2023

    In an interview with the Financial Times, Starmer said he will "attempt to get a much better deal for the UK" in 2025, when the current arrangements come up for review.

  • Interest rates: Three things the Bank will consider for the next rate decision

    September 18, 2023

    The Bank of England's rate-setters will meet next week and they will have no shortage of topics to discuss.

  • Bank of England set to hike rates again despite fears of a recession

    September 18, 2023

    Uncomfortably high levels of wage growth and services inflation suggest inflation is increasingly domestically driven.

  • Truss: Tories have let the left capture economic consensus – and Sunak’s no better

    September 17, 2023

    LIZ TRUSS will warn today that a lack of supply side reform under Rishi Sunak will lengthen a 25-year-long ‘economic consensus’ that has seen growth effectively flatline across the west.

  • Germany: EU’s largest economy faces ‘big deterioration’ – and risks slipping back into recession

    September 16, 2023

    It was not long ago that Germany was driving growth in the bloc. Now it is being labelled the ‘sick man of Europe’. Where did it all go wrong?

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