Tag: Economic downturn
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 over two decades. Leading up to her announcement, government borrowing...
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 official figures. The data revealed that the rate of unemployment...
Airbus Reports Sharp Decline in Earnings Due to £833m Charge in Space Unit
Airbus, a major aerospace company, recently reported a significant decrease in earnings. This decline was primarily attributed to a £833 million charge in its space unit. The company's profits were impacted by this unexpected...


