Category : Search result: economic collapse


California mansions collapse as ocean cliffs crumble

Exclusive footage reveals the dramatic collapse of luxury properties in Dana Point as erosion threatens California's most exclusive coastal communities. Emergency measures underway as homeowners face devastating losses.

Toby Carvery ceiling collapses during busy service

Shocking moment ceiling collapses at popular Toby Carvery restaurant in Sheffield, sending debris flying as diners scramble for safety. No serious injuries reported but dramatic footage captures the chaos.

UK Economy Grows 0.4% in Q2 - Strongest Since 2021

Britain's economy delivered a powerful performance in Q2 2024, with GDP growing by 0.4% - the strongest quarterly expansion since late 2021. Services and production sectors lead the charge as the UK economy gains momentum.

Auto Collapse Sparks 2008-Style Recession Fears

The dramatic downfall of a major automotive player has triggered alarming parallels to the 2008 financial crisis, raising urgent questions about the UK's economic stability and sending shockwaves through the industry.

Reeves Unveils Labour's Economic Revolution

Shadow Chancellor Rachel Reeves delivers landmark speech outlining Labour's radical economic overhaul, from housebuilding boom to planning system shake-up and North Sea oil confrontation.

Bank CEO Warns of Appalachian Economic Disaster

Huntington Bancshares CEO Brad Smith sounds the alarm on the economic crisis unfolding in Appalachia, calling for urgent investment and national attention to reverse the region's decline.

UK Economy Stagnates: Reeves Faces Budget Crisis

Chancellor Rachel Reeves confronts a major economic challenge as latest ONS figures show zero GDP growth in three months to August, putting Labour's ambitious investment plans at risk ahead of crucial Autumn Budget.

Half of US States on Brink of Recession, Analysis Reveals

A startling new economic analysis from Bloomberg Economics indicates that nearly half of all US states are either already in recession or teetering on the edge, signalling potential national economic turmoil ahead.

Rachel Reeves' make-or-break moment on UK economy

Exclusive analysis reveals the immense pressure on Chancellor Rachel Reeves as she faces a critical turning point. With economic stagnation and public patience wearing thin, her upcoming fiscal statement could define this government's legacy. Will she sei

UK faces £71bn fiscal black hole as policies fail, NIESR warns

The National Institute of Economic and Social Research issues a stark warning that UK government policies are failing, creating a £71bn fiscal black hole and risking a 'vicious cycle' of stagnation. Expert analysis reveals the critical challenges facing t

Australia's Economic Blind Spot: Women Key to Growth

Exclusive insights from Australia's Economic Reform Roundtable reveal how sidelining women's economic participation is costing the nation billions. Discover the urgent call for a gender-inclusive productivity revolution.

Chalmers hails economic reform success

Treasurer Jim Chalmers celebrates the outcomes of the high-profile Economic Reform Roundtable, signalling progress for Australia's economic future.

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