Tag: Economic downturn

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Budget 2024 Update: Benefit Payments Decrease While Borrowing Rises, Impacting Reeves

Rachel Reeves is set to announce Labour's first Budget since taking office on 30 October, in one of the most anticipated fiscal events in...
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Wage Growth Slows to Two-Year Low Amid Falling Unemployment

UK earnings growth has slowed down to its lowest level in over two years, while the unemployment rate has surprisingly dropped, according to recent...
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Airbus Reports Sharp Decline in Earnings Due to £833m Charge in...

Airbus, a major aerospace company, recently reported a significant decrease in earnings. This decline was primarily attributed to a £833 million charge in its...