Uk Economy Returns to Growth As Labour Tees Up Allimportant Budget
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UK business confidence falls to lowest level in almost two years after Labour budget
British businesses lost steam and pulled back on hiring last month, as industry reacted to the Labour government's bumper tax-raising budget, new data showed Monday.CNBC - Dec. 9 -
Police investigating Labour council leader
Scottish Labour confirmed Cammy Day has been suspended pending the outcome of the investigation.BBC News - Dec. 8 -
Aspiring UK author shoots up bestseller lists after viral social media post
Vicky Ball expressed delight on X at selling two novels at an event – then catapulted up Amazon’s book charts. An aspiring author who went viral after selling two books at an event has described ...The Guardian - Dec. 7 -
SNP rediscovers its political confidence with wily Budget
The Scottish government's moves on the two-child benefit cap and winter fuel payments leave Labour facing a dilemma.BBC News - Dec. 7 -
US economy added 227,000 jobs in November
Rise in unemployment rate bolsters case for Federal Reserve rate cut this monthFinancial Times - Dec. 6 -
Watch as Tony Gonzalez whiffs trying to hit a wiffle ball off a tee after Lions vs. Packers at Ford Field
Gonzalez's athleticism may not translate to wiffle ballCBS Sports - Dec. 6 -
The S&P 500 is up nearly 30% for the year. Don't expect such high returns to continue, experts say
The S&P 500 is up nearly 30% this year so far. But it's important for investors to remember that years like this one are rare, financial advisors cautioned.CNBC - Dec. 6 -
Live Updates: U.S. Job Growth Rebounds
The labor market added 227,000 jobs, a big rebound from October, when storms in the Southeast and a major strike disrupted work. The unemployment rate ticked up slightly to 4.2 percent.The New York Times - Dec. 6 -
Job Growth Bounced Back in November
After October’s noisy jobs report, November’s reading got a boost from strike resolutions and hurricane recoveries.Inc. - Dec. 6 -
UK rail travel returns to normal after problems with a radio system disrupted the morning commute
British rail travel is returning to normal after problems with a radio system used by drivers and signalers nationwide caused widespread disruption during the morning commuteABC News - Dec. 6 -
U.S. economy added 227,000 jobs in November
The U.S. economy added 227,000 jobs in the month of November and the unemployment rate sat at 4.2%, according to a Bureau of Labor Statistics report.NBC News - Dec. 6 -
The week: Labour milestones, McSweeney and Reform
Adam and Chris look back at the political week with Tim Shipman.BBC News - Dec. 6 -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - Dec. 6 -
The Big Question: is the US economy exceptional — or overhyped?
Three FT pieces this week explore the soaraway, world-beating success of American business. But can it last?Financial Times - Dec. 6 -
Labour MP's family transferred farm before Budget
Questions are being raised about whether Henry Tufnell knew about farming inheritance tax changes.BBC News - Dec. 5 -
Judge Labour on six targets, Starmer says in major speech
The PM says the pledges, ranging from living standards to the NHS, will allow voters to hold the government to account.BBC News - Dec. 5 -
The Teeny, Tiny Tee Is Back (Again)
Some people are buying actual kids’ shirts, but this time, that relic of ’90s and Y2K fashion is available in many more sizes.The New York Times - Dec. 5 -
Safran Outlines Growth, Shareholder Return Plans
Safran anticipates further sales and profit growth next year and said it intends to return about 70% of its cash generation to shareholders from 2025 to 2028.The Wall Street Journal - Dec. 5 -
Legacy Act repeal doesn't match Labour pledge - MP
Sinn Féin MP says action to reform the controversial act is not what was promised by the government.BBC News - Dec. 5 -
Congress's budget gimmicks: A history of failure
Congress has a long history of using gimmicks to reduce government spending and balance the budget, but these efforts have not been successful, as evidenced by the current budget situation.The Hill - Dec. 5 -
Italy’s slowing economy raises pressure on Meloni
Statistics agency halves GDP growth for 2024 as parliament adopts first part of next year’s budgetFinancial Times - Dec. 5 -
UK businesses expect lower margins and higher prices after Budget
Survey finds 54% of companies plan to raise prices in 2025 after national insurance increaseFinancial Times - Dec. 5 -
Afghan economy shows modest signs of growth but recovery remains fragile, says World Bank
The World Bank says Afghanistan’s economy is showing modest signs of growth after two years of severe contractionABC News - Dec. 5 -
NATO chief urges European allies to ramp up defense spending as Trump returns to White House
NATO Secretary-General Mark Rutte is leading a fresh push for European countries to ramp up defense spendingABC News - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
Five things we learned from the Scottish Budget
Scrapping the two-child cap and changes to tax thresholds are among plans for the next financial year.BBC News - Dec. 4 -
Starmer refuses to repeat Labour’s G7 growth pledge
Prime minister will set new target on Thursday, as he courts investment during Qatari visit to BritainFinancial Times - Dec. 4 -
Investors signal a return to UK equities
November was the first month for over three years that money came back into British stocksFinancial Times - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
GOP’s ambitious budget plan faces internal divisions
Republican senators warn incoming Senate Majority Leader John Thune’s (R-S.D.) ambitious proposal to tackle President-elect Trump’s agenda faces an array of disagreements within their party over ...The Hill - Dec. 4 -
Scottish Budget presents huge challenges for SNP
Finance Secretary Shona Robison is preparing to set out her spending plans for next year.BBC News - Dec. 4 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
How Bangladesh’s Economy Was Siphoned Dry
Bangladesh’s currency was battered by what the new head of the central bank says was the looting of the banks under the deposed prime minister.The New York Times - Dec. 4 -
South Western Railway set to be first train operator nationalised by Labour
Next companies to return to public control will be c2c and Greater Anglia under UK government plansFinancial Times - Dec. 4 -
UK auditors refuse to sign off Tees Valley regeneration project’s accounts
Accountants Mazars could not get sufficient assurance of Ben Houchen’s body before deadlineFinancial Times - Dec. 3 -
AT&T sees earnings growth over next 3 years; eyes more than $40B in anticipated shareholder returns
AT&T anticipates earnings growth over the next three years thanks to the momentum of 5G and fiber servicesABC News - Dec. 3 -
ONS admits it may not be able to replace UK labour force survey until 2027
Policymakers face further uncertainty over state of jobs marketFinancial Times - Dec. 3 -
Why America’s economy is soaring ahead of its rivals
The country’s outperformance is rooted in long-term productivity growth that is the envy of the developed world. Could Trump’s policies endanger its lead?Financial Times - Dec. 3 -
An extraordinary global economy will require extraordinary agility
Policymakers need to adjust their approaches including through pre-emptive negotiations with the incoming US administrationFinancial Times - Dec. 3 -
Watch Rihanna and A$AP Rocky light up red carpet at UK Fashion Awards
The pair starred alongside fashion and entertainment royalty for the awards gala in London.BBC News - Dec. 2