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Economics

  • Bank of England set to leave rates on hold as economy teeters on edge of recession

    October 30, 2023

    The Bank of England will leave interest rates on hold for the second meeting in a row as policymakers attempt to bring inflation down to target without tipping the economy into a recession.

  • Massive expansion of Wimbledon tennis grounds gets closer after planning victory

    October 27, 2023

    The new Wimbledon Park Project is set to bring £38m to the London economy, including 250 new jobs.

  • Blockbuster US growth hits nearly 5 per cent – but what does it mean for interest rates?

    October 26, 2023

    The US economy grew at a startling pace in the third quarter of the year as the world's largest economy continues to shrug off the impact of the Federal Reserve's interest rate hikes.

  • ECB brings rate-hiking campaign to an end as bloc looks to be on cusp of recession

    October 26, 2023

    The European Central Bank (ECB) has finally brought its run of 10 consecutive rate hikes to an end as growth across the bloc looks set to slow over the coming months.

  • How can we make a success of change management in our ever – changing world?

    October 26, 2023

    Our world is being continually reshaped by shifting economic realities, rapid technological advances, evolving customer expectations and the transition to more sustainable business models. So, it is clear that if we are to drive greater creativity and innovation within our organisations, we need to be highly effective at embracing, managing, and exploiting the force of [...]

  • Why China has opted for more stimulus — and why experts are not convinced it will work

    October 25, 2023

    China is rolling out a fresh stimulus package to support its economy, in a sign that the ruling Communist party is growing anxious at the sluggish performance over recent months.

  • Revealed: The hidden cost of ignoring women’s health in the workplace

    October 25, 2023

    The fear of hindering career growth and being forced to leave the workforce prematurely are among the top concerns for women.

  • UK economy continues to ‘skirt with recession’ due to Bank of England’s interest rate hikes

    October 24, 2023

    The UK economy is teetering on the edge of a recession under the weight of higher borrowing costs, a closely watched survey suggests.

  • Unemployment lower than expected in new ‘experimental’ figures – but experts raise concern over data quality

    October 24, 2023

    Figures out last week showed that average wage growth had slowed slightly, with total annual wage growth falling to 8.1 per cent compared to 8.5 per cent in the previous reading.

  • Inflation target: Why economists think it’s time for a change

    October 24, 2023

    With inflation now on the way down, attention is beginning to turn to what the 'new normal' will be - if we ever make it there.

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