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UK Economy Flatlines with 0.0% GDP Growth in April

New ONS data reveals the UK economy showed zero growth in April 2024, a significant slowdown from the 0.4% expansion in March. The services sector stalled while production fell, putting pressure on the next government.

Hiker dies in fall on Alaska's receding Byron Glacier

A hiker has died in a tragic fall on Alaska's rapidly receding Byron Glacier. The incident highlights the increasing dangers of hiking on unstable, melting glacial terrain as climate change accelerates.

UK Gilt Yields Hit 27-Year High in Market Meltdown

UK financial markets face a severe stress test as long-term government borrowing costs surge to levels not seen since 1998. The gilt sell-off, driven by stubborn inflation data and hawkish central bank fears, triggers a flight to safety, sending gold and

Think Tank Demands Urgent Reform of Bank of England

A major economic think tank, IPPR, has launched a scathing report demanding a radical overhaul of the Bank of England's mandate. The proposed reforms aim to prioritise economic growth, green investment, and regional equality, challenging the Bank's curren

UK Economy Stalls as GDP Flatlines in April

The UK's economic growth ground to a halt in April with 0.0% GDP growth, dashing hopes for a swift recovery. Key figures like Sir Richard Branson and Jo Malone voice concerns over political instability hindering business momentum.

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

UK Private Sector Growth Hits Nine-Month High

In a major boost for the UK economy, a key business survey reveals the fastest growth in private sector output in nine months. Driven by strong demand in the dominant services sector, the S&P Global/CIPS flash PMI surged to 53.3, signalling robust expansi

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.

Juneau braces for catastrophic glacial flooding

Residents in Juneau, Alaska, are evacuating as the Mendenhall Glacier threatens devastating floods. Experts warn of unprecedented water levels, with emergency services on high alert.

Climate crisis melts French Alps glaciers

Rapid glacier melt in the French Alps near Pralognan highlights the escalating climate crisis, with scientists warning of irreversible damage and rising sea levels.

Perito Moreno Glacier Collapses Amid Climate Crisis

Argentina's iconic Perito Moreno Glacier is collapsing at an alarming rate, with scientists warning of irreversible damage due to climate change. Stunning footage captures the dramatic event.

Heard Island glaciers shrinking alarmingly

Rapid glacier retreat on Heard Island, a remote Australian territory, underscores the accelerating impacts of climate change, with scientists warning of irreversible consequences.

Fed warns of potential Great Depression-level recession

The US Federal Reserve has issued a stark warning about the possibility of a severe economic downturn, drawing parallels to the Great Depression. Experts weigh in on the risks and potential policy responses.

Glacier ice discovery sparks climate debate

A surprising discovery of ancient glacier ice has sparked debate, with climate change sceptics wrongly claiming it disproves global warming. Here's what the science really says.

Shapps claims UK "not in recession" despite data

Defence Secretary Grant Shapps faces backlash after controversially declaring the UK is 'out of recession', despite official data showing economic contraction. Labour slams remarks as 'delusional'.

UK economy shows unexpected November growth

The UK economy defied expectations with unexpected growth in November, easing recession concerns. Experts weigh in on the latest ONS and Bank of England data.

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