China auto giant decries EU’s ‘illegal’ anti-subsidy probe, hints at challenge
A Chinese automaking behemoth facing a 37.6 per cent tariff on exports of electric cars to Europe is pushing back...
Economy
UK economy had a strong start to 2024 with GDP growth
The EY ITEM Club predictions are a significant upgrade from the 0.7% predicted in April’s Spring Forecast and the modest 0.1% GDP growth seen in 2023. The latest forecast also expects this economic momentum to accelerate further next year with 2% GDP growth expected in 2025 and in 2026. Although the slowdown in wage growth is forecast to persist, real household incomes are expected to continue to rise substantially thanks to lower inflation. The EY ITEM Club predicts Consumer Price Index (CPI) inflation to remain around the Bank of England’s...
Beyonce and Blur boost UK economy by £8billion as music industry starts thriving again
THE music biz has bounced back in style from the dark days of lockdown.Sellout shows by Beyonce, Blur and Harry...
Under Biden, a booming U.S. economy was stung by inflation
Open this photo in gallery:U.S. President Joe Biden speaks at Ingeteam Inc., an electrical equipment manufacturer, in Milwaukee, Wis. on...
Is Vietnam losing its appeal for China’s manufacturers bypassing US tariffs?
But the 31-year-old firm that draws about two-thirds of its business from the US is making less money from Vietnam...
Starmer’s plan to boost UK economy will take some time
Carl Bildt, former prime minister of Sweden and co-chair of the European Council on Foreign Relations, shares his perspective on...
Proposed EU carbon tax protectionist, says Economic Survey
Updated - July 22, 2024 09:21 pm IST Published - July 22, 2024 08:06 pm IST - NEW DELHIEchoing the...
Government says launch of Skills England will transform the economy
Prime Minister Keir Starmer and Education Secretary Bridget Phillipson have unveiled Skills England, an initiative designed to unify the fragmented...
Before age forced his exit, Biden was weakened by record on the economy | US Election 2024
US president’s approval was dragged down by inflation long before poor debate performance focused attention on fitness.Even before pressure mounted...
Promises abound of deepened reform, but what did China’s third plenum tell us?
Analysts said the outcome was in line with expectations as it provided a continuation of existing policy tweaks, although nothing...
