Category : Search result: economic downturn


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.

Trump Business Empire Hit by Severe PMI Crash

A closely watched survey reveals a dramatic downturn in the business health of companies linked to Donald Trump, with a key performance metric collapsing to its lowest level in months, signalling severe financial distress.

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

2008 Recession-Era Restaurant Deals Make Worrying Comeback

Iconic money-saving deals from the 2008 financial crash, like 'Gourmet Burger Kitchen's' 'Two for Ten' and 'Strada's' £5 pizza, are reappearing on high streets. Economists warn this trend is a classic harbinger of an economic downturn as consumers tighten

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.

New Zealand Enters Recession as GDP Contracts Again

New Zealand's economy has officially entered a recession, with GDP contracting 0.1% in the last quarter of 2023. High interest rates and inflation are blamed for the downturn, marking a challenging start for the new coalition government.

London House Prices Plummet in First Annual Drop Since 2012

Exclusive analysis of the latest ONS figures reveals a significant shift in the UK property market, with London leading a national downturn. Discover which regions are hardest hit and what it means for homeowners and buyers.

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.

Chalmers' economic roundtable: reform or retreat?

Treasurer Jim Chalmers' upcoming economic roundtable presents a crucial opportunity for transformative reforms. With Australians facing mounting financial pressures, experts argue that half-measures are no longer an option.

KPMG cuts over 100 jobs in Scotland

Big Four accounting firm KPMG announces significant job cuts in Scotland, citing economic pressures and reduced demand for consulting services.

FTSE 100 Falls as Tesla Shares Crash

The FTSE 100 faced a downturn amid Tesla's stock crash and global market volatility. Discover the key factors driving the sell-off and what it means for investors.

Labour's Reynolds denies anti-business claims

Labour's Business Secretary Jonathan Reynolds refutes claims that the party is anti-business, highlighting pro-growth policies and collaboration with industry leaders.

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