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2 mins read

The UK economy saw a rapid 0.9% growth spurt in November, making it bigger now than before the pandemic

The GDP update shows Britain's economy has reached a key milestone in its recovery from the pandemi…

Harry Robertson   


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Risk of long COVID 46% higher for patients from socioeconomically deprived areas, study reveals

Workers with lower socioeconomic status have poorer health outcomes and higher premature mortality …

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1 min read

Pandemic-related stocks from Zoom to Moderna jump as new coronavirus variant raises alarms and triggers lockdowns

The stock prices of vaccine makers Moderna and Pfizer surged Friday along with stay-at-home stocks …

Isabelle Lee   


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UK economy expands in August after July dip, but growth undershoots expectations

The UK economy's recovery has slowed in the third quarter after a rapid rebound earlier in the year.

Harry Robertson   


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French citizens must work from home 3 days a week as COVID cases surge again

Amid a worldwide spike due to the omicron variant, France is reimplementing its work-from-home mand…

Jason Lalljee   


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3 mins read

US stock futures drift ahead of jobs data, while Biden tightens travel rules as Omicron spreads; oil rises 3%

As Omicron spread, Biden tightened travel rules, but stock investors focused on monthly jobs data l…

Amanda Cooper   


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4 mins read

Theron Mohamed   


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1 min read

UK labor market adds 160,000 jobs in October, boosting chances the Bank of England will hike interest rates

The UK's labor market strengthened in October, potentially easing concerns at the Bank of England a…

Reuters   


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UK inflation surges to 40-year high of 9% in April, as soaring energy and food prices deepen cost-of-living crisis

April's UK inflation figures lift the chances of more interest-rate increases from the Bank of Engl…

Amanda Cooper   


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1 min read

The UK economy grew 4.8% in the second quarter as the easing of restrictions powered a rapid expansion

UK GDP grew 1% in June, the Office for National Statistics said, more than the 0.8% economists had …

Harry Robertson   


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2 mins read

The US will tip into a long recession this year as the Fed hikes interest rates hard, investment bank Nomura says

The US economy will grow just 1.8% this year before shrinking by 1% in 2023, driving up unemploymen…

Harry Robertson   


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Bank of England hikes interest rates to 13-year high, with inflation set to hit 11%

Like other central banks around the world, the Bank of England is grappling with red-hot inflation …

Harry Robertson   


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Oil prices slide as much as 4.5% as the Delta coronavirus variant outbreak threatens the global recovery

Investors are increasingly concerned about the Delta coronavirus variant's impact on the global eco…

Harry Robertson   


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Bank of England says the case for cutting stimulus is growing - and that surging energy prices could keep inflation sky-high next year

The Bank of England's decision came as the UK confronts a surge in natural gas prices that has put …

Harry Robertson   


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3 mins read

Wall Street is panicking about a recession. But consumer spending and cooling inflation means it's not going to happen, a US strategist argues.

Americans have built up trillions of dollars in savings, and are now switching their spending to se…

Harry Robertson   


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2 mins read

The UK economy grew just 0.1% in July, as rising coronavirus cases and supply shortages stalled the recovery

Economists said global supply-chain disruptions are making themselves felt in the UK economy, which…

Harry Robertson   


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JPMorgan says China is going to bring in stimulus to protect its economy while it controls the spread of COVID

China has a target growth rate of 5.5% growth for the economy this year, but its zero-COVID policy …

Hamza Fareed Malik   


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3 mins read

Global stocks edge up after a hiring slowdown in the US calms taper fears, while oil drops after OPEC+ sticks with its supply plans

Oil fell after OPEC+ agreed to only a gradual rise in crude supply, defying calls from the Biden ad…

Shalini Nagarajan   


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Global stocks rise as downbeat data fail to dent investor optimism, while oil recovers from the Hurricane Ida fallout

Investors are upbeat despite Caixin data showing Chinese factory activity fell into contraction, as…

Shalini Nagarajan