Similar Posts
IMF warns of trade tension risk to global growth
Jemma Crewand Nick Edser,Business reporters Getty Images Trade tensions and a reversal in the artificial intelligence (AI) boom are among the main risks to global economic growth, the International Monetary Fund (IMF) has warned. Its comments came in its latest world economic outlook, where it described the global economy as “steady”, with growth expected to…
Gold surges past record $4,000 an ounce as uncertainty fuels rally
The price of gold has hit a record high of more than $4,000 (£2,985) an ounce as investors look for safe places to put their money over concerns about economic and political uncertainty around the world. Gold has seen its biggest rally since the 1970s, rising by around a third since April when US President…
Chancellor hints at tax and spend shift to cushion Budget
The chancellor has given the clearest indication yet that she wants to give herself more financial breathing space in November’s Budget. Speaking at a gathering of business leaders in Saudi Arabia, Rachel Reeves said she wanted to ensure the UK had “sufficient headroom” to provide resilience against future shocks. The implication is that the £9.9bn…
Oldest Post Office scandal victim Betty Brown honoured with OBE
Pritti MistryBusiness reporter PA Media Betty Brown said she was accepting the honour on behalf of all the victims of the Post Office Horizon IT scandal The oldest surviving victim of the Post Office Horizon IT scandal has been appointed Officer of the Order of the British Empire (OBE) for her services to justice after…
UK economy saw zero growth in July
The UK economy failed to grow in July, following the biggest contraction in manufacturing output for a year. The Office for National Statistics (ONS) said the economy saw zero growth in the month, which was in line with expectations, following a 0.4% expansion in June. However, monthly figures are volatile, and the ONS has said…
