Business and Economics
Business and Economics News
Credit Suisse: The Party is Over
Professor Marc Chesney of the University of Zurich examines the collapse of Credit Suisse and the ensuing banking crisis.
Badenoch downplays claims UK-Asia trade pact will only boost economy by 0.08%
Brexit, meanwhile, is expected to reduce the UK’s potential economic growth by about 4 per cent in the long term.
JD Wetherspoon’s profits plummet 91 per cent
Tim Martin blamed ‘ferocious’ inflation for the profit drop.
Only 1% of £1.1 billion lost to fraudulent Covid grants recovered – watchdog
The business department said that, while ‘no amount of error and fraud is acceptable’, it is not possible to retrieve everything.
Cambridge University’s economic contribution ‘four times that of Premier League’
Analysis of economic impact found the university adds nearly £30 billion to the UK economy every year.
UK economy set to be second-worst in G20 this year – OECD
There is expected to be a fall of 0.2 per cent in GDP this year, followed by a rise of 0.9 per cent next year. Only Russia fares worse.
Is the next 2008-style financial crisis on the horizon?
Fears of an impending banking crisis have intensified after shares in top lenders plunged.
UK to avoid recession and inflation to drop to 2.9% by end of 2023 – OBR
Falling wholesale energy prices and cooling inflation has helped to boost the position of the Treasury in recent months.
Tear down this wall! UK income gap now bigger than East and West Germany
The UK has become one of the most regionally unequal industrialised economies in the world, a report by CEPR finds.