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INCOME STAGNATION UK
Can anyone fix Britain? Regular change of PM a symptom of UK's malaiseBritain faces a political crisis with a rapid turnover of leaders, the latest being Keir Starmer's resignation. Decades of economic stagnat...- Sodexo in talks to buy Shashi CateringGlobal food services giant Sodexo is reportedly in discussions to acquire Shashi Catering Services. This potential deal could be the larges...
- India: UNSC reforms will be a failure if only non-permanent membership is expandedIndia has cautioned that reforming the UN Security Council will be inadequate if only non-permanent seats are added. Permanent Representati...
- UK lawmakers urge Starmer for new £2.5 million visa to stop wealthy residents from leavingWealthy foreigners are leaving Britain after recent tax changes. Lawmakers are urging Prime Minister Keir Starmer to create a new investor ...
- UK university graduates find degrees don’t pay like they once didThe long-held promise of higher earnings for UK graduates has significantly eroded, with the pay premium over minimum wage halved since 200...
- A wealth tax may not solve Britain's fiscal problemsBritish lawmakers criticized HMRC's lack of knowledge regarding billionaires' tax contributions, fueling debate on wealth tax implementatio...
- Is the UK still a rich country? Report reveals some regions are poorer than Slovenia and MaltaA recent NIESR report reveals that parts of the UK are now poorer than the least affluent areas of Slovenia and Malta, due to stagnating re...
- UK election-winner Starmer inherits weak economy with 'no magic wand'Living standards have stagnated since Conservatives took power in 2010 and Britain's recovery from the COVID pandemic has been the weakest ...
- As election looms, BoE set to sit tight on UK rateThe BoE was widely forecast to keep its cost of borrowing at 5.25 percent, a 16-year high, following a regular monetary policy meeting.
- World growth likely to decline in 2024 even as US avoids recession, FitchFitch Ratings' Global Economic Outlook forecasts a decline in global growth to 2.1% in 2024 from the robust 2023 performance. While 2023 sa...
- Low-income countries could lose 30 per cent seafood nutrients from climate change: StudyLow-income countries may face a loss of up to 30% of nutrients from seafood due to climate change, particularly calcium, iron, protein, and...
- UK economy: A crisis in the making for some time, with India trade deal offering hopeEconomic experts agree on the massive scale of the challenge, even as they hold out the prospect of a free trade agreement (FTA) with India...
- Tough to get a handle on TaMo, look into these 4 auto stocks instead: Dipan Mehta“This is the best ever I have seen in the banking sector for the last 25-30 years or so, where credit growth is moving up and that is leadi...
- Labour unrest disrupts supply chains from sky to seaThe first half of this year brought the additional uncertainty of Russian President Vladimir Putin’s invasion of Ukraine and China’s strict...
- Charting the global economy: US, Europe breaking free of virusA measure of output at manufacturers and service providers advanced to a fresh record in May, underscoring solid demand that’s contributing...
- Few economies ready for long-term prosperity through improved public services: WEF study"Almost one year after the onset of the COVID-19 crisis, the deep economic recession it has triggered continues to have profound economic a...
- India's savings rate may rise to 39 per cent by 2017A high-powered working group led by RBI deputy governor Subir Gokarn has projected that country's savings rate may rise to around 38-39% of...
- Global economy is dangerously close to recessionAccording to Morgan Stanley report, countries which are more externally oriented like Korea, Singapore, Taiwan, will see greater adjustment...
- 'Univs must tie up with industry'Academicians seem to consider research sacrosanct with a perspective that exploiting it commercially will reduce its sanctity.
- 'No urgency to revise income tax rates now’Parthasarathy Shome,advisor to Union finance minister P Chidam-baram on how he saw Indian tax system evolving.
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