Similar Posts
No 10 denies Reeves misled public in run up to Budget
Downing Street has denied Rachel Reeves misled the public about the state of the public finances ahead of this week’s Budget. In the run-up to Wednesday’s statement, the chancellor repeatedly talked about a downgrade to the UK’s predicted economic productivity that would make it hard for her to meet her spending rules. But in a…
UK forecast to be second-fastest growing economy in G7 – IMF
Faisal IslamBBC Economics Editor Getty Images Chancellor Rachel Reeves said, despite the IMF’s upgrade to UK economic growth, “for too many people, our economy feels stuck” The UK is forecast to be the second-fastest growing of the world’s most advanced economies this year, according to new projections from the International Monetary Fund (IMF). The rates…
East Yorkshire residents offered £40 for going on money course
People are being offered a £40 shopping voucher in return for completing a money session. The Let’s Talk Money course will look at topics such as formulating a budget and using online price comparison tools. East Riding of Yorkshire Council said the course was designed to help residents gain a better understanding of their finances…
US Fed Chair Jerome Powell under criminal investigation
Federal prosecutors have opened a criminal investigation into Federal Reserve Chairman Jerome Powell, he said on Sunday. In a video announcing the probe, Powell said the US justice department served the agency with subpoenas and threatened a criminal indictment over testimony he gave to a Senate committee about renovations to Federal Reserve buildings. He called…
Ozempic-maker Novo Nordisk to cut 9,000 jobs
The maker of Wegovy and Ozempic, Novo Nordisk, has announced it will cut 9,000 jobs weeks after warning that profits will fall as more “knock-off” weight-loss drugs emerge. The redundancies make up 11% of the Danish company’s workforce and mark the first major step by new chief executive Mike Doustdar as Novo Nordisk faces mounting…
