UK Economy Stagnates as Construction Output Plummets
Britain's economic recovery hits a wall as construction output plummets 1.9% in April, wiping out service sector gains and raising Budget concerns for the Chancellor.
Category : Search result: economic development
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.
Reeves urges Labour MPs: Focus on growth mission
New Chancellor Rachel Reeves delivers powerful message to Labour MPs, demanding immediate focus on economic growth and fiscal discipline in government's first days.
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.
Britain to be worst G7 economy in 2025, OECD warns
A damning OECD forecast predicts Britain will be the weakest economy among G7 nations next year, with growth projections slashed amid persistent inflation and political stagnation.
Global Economy Shows Surprising Resilience to Trump Tariffs
The OECD's latest economic outlook reveals a world economy weathering Trump's aggressive tariff strategy better than forecasted, with global growth holding steady at 3.1% despite trade tensions.
UK Minister Defends Ghana Aid Cuts in Tense Accra Meeting
UK Development Minister Jenny Chapman confronted Ghanaian officials over aid dependency during a heated meeting in Accra, defending controversial aid reductions amid growing diplomatic tensions.
West African Nations Forge Historic Cooperation Pact
In a landmark move for regional stability, Ghana, Senegal, and The Gambia have signed a pivotal cooperation agreement covering security, economic development, and cross-border collaboration, signalling a new era of West African diplomacy.
MSPs excluded from economic summit in 'stitch-up' scandal
A major economic summit in Inverness faces backlash after local MSPs were barred from attending, with critics branding the event an undemocratic 'stitch-up' organised by Westminster.
Labour's Economic Challenge: Legacy Grim, But Hope Needed
The new Labour government inherits a dire economic legacy, but voters demand solutions, not excuses. Analysis of the fiscal challenges and the urgent need for a hopeful, forward-looking strategy.
Labour's wellbeing economic framework fails to deliver
The UK government's flagship wellbeing framework, designed to shift economic focus beyond GDP, has struggled with implementation and impact despite its ambitious goals, according to experts.
Haldane: Economic failure fuels far-right extremism
Former Bank of England chief economist warns that without inclusive growth policies, economic discontent could fuel far-right extremism in Britain's political landscape.
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.
UN: Global Gender Equality Progress Grinds to a Halt
A stark UN report reveals the world is failing to meet its 2030 gender equality targets. Discover which critical areas are seeing regression and what this means for the Sustainable Development Goals.
Scotland Accuses UK Government of Economic Sabotage Over Yorkshire Deal
John Swinney claims Westminster is deliberately undermining Scottish economy by diverting a major foreign investment to Yorkshire, sparking a major constitutional row.
$1bn Vegas-Style Casino Resort Planned for South Carolina
A monumental $1 billion casino and entertainment complex, evoking the glamour of Las Vegas, is proposed for Santee, South Carolina. The project promises thousands of jobs and a major economic boost, pending a crucial legislative vote.
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.
World Bank Backs 350MW Power Plant to Transform Malawi
The World Bank's MIGA has guaranteed a landmark $234 million project for a 350MW gas-fired power plant in Malawi, a critical step to end the nation's chronic blackouts and unlock its economic potential.
Greek Island Halts Controversial Five-Star Moon Beach Hotel
Greek authorities have halted a contentious five-star hotel project on Milos, famed for its 'Moon Beach', following intense local backlash over environmental and cultural preservation concerns.
Argentina's Milei Faces Ultimate Election Test Over Radical Reforms
President Javier Milei's controversial austerity programme and radical economic reforms face a decisive verdict as Argentina heads to the polls. This analysis examines the high-stakes battle shaping the nation's future.
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.
Scottish Govt accuses Treasury of economic sabotage
Scotland's Deputy First Minister Kate Forbes launches scathing attack on UK Treasury, claiming it deliberately blocked foreign investment in Scottish economy during key European forum.
Australian Household Spending Surge Defies Economic Gloom
New data reveals Australian households are spending more than expected, providing a crucial boost to the nation's economy and helping to counter weak growth in other sectors.
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
Dubai: The Hollow Heart of 21st-Century Capitalism?
A critical examination of Dubai reveals a city built on a paradox: a glittering monument to hyper-capitalism that masks a deeply fragile and unsustainable social and economic model, serving as a stark warning for the West.
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.
Kate Middleton's genius parenting hack praised by experts
The Princess of Wales reveals a surprisingly down-to-earth and effective parenting strategy she uses with Prince George, Princess Charlotte, and Prince Louis, earning praise from child development experts.
Labour's blueprint for UK economic revival revealed
Exclusive analysis reveals Labour's five-pillar strategy to rebuild Britain's economic foundations, boost productivity, and deliver sustainable growth after years of stagnation.
Japan pledges £23.5bn to counter China in Africa
Japan pledges massive investment in African infrastructure and development at TICAD, aiming to secure influence and counter China's Belt and Road ambitions.
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