EXPLAINED: 21 | Vintage Vibes

Australia’s employers expect wages to grow faster than inflation in 2024, survey finds

Report says workers can expect to earn 3.7% more by the end of the year, up from 2.6% annual growth expected three months ago

The Guardian - AU · Feb 19, 2024

Employment slowdown to hit blue collar workers hardest

Conditions are finally turning after a bumper few years for the labour market, with some fields to be hit harder than others.

AAP · Feb 18, 2024

Share of Capital Expenditure shrinks, but guarantees not the only reason

The share of capital expenditure to the total outlay of the Budget Chief Minister Siddaramaiah presented on Friday has come down to 15% from 16.5% in the Budget he presented in July 2023. Before that, in the Budget presented by Basavaraj Bommai in February 2023, just before the Assembly polls,…

The Hindu · Feb 17, 2024

OPINION - The Standard View: Recession means Rishi Sunak will have to wait longer to talk of green shoots of recovery

No pandemic, no lockdown, but no economic growth either. Britain has slipped into recession, official figures confirm, as GDP shrank by a worse than expected 0.3 per cent in the three months from October to December, following a 0.1 per cent decline in the previous quarter.

Evening Standard · Feb 15, 2024

UK Economy Slides Into Recession Ahead Of Election

Britain is in recession, official data showed Thursday, dealing another blow to embattled Prime Minister Rishi Sunak, whose Conservative party is forecast to lose a general election expected this year.

International Business Times · Feb 15, 2024

Even a technical recession is a headache for Rishi Sunak

Governments try to generate a feelgood factor before an election. The UK has the opposite: a feel-bad factor

The Guardian - UK · Feb 15, 2024

'Rishi's recession': Blow to Sunak's key election pledge as Britain slips into negative growth

GDP fell by a worse than expected 0.3% in the last three months of 2023

Evening Standard · Feb 15, 2024

Why India needs deep industrialisation

If economic development and not growth were our priority, manufacturing that takes along the service sector maybe the solution to India’s problems

The Hindu · Feb 13, 2024

Bank of England faces growing interest rate dilemma with wage growth still ‘uncomfortably high’

Latest figures from the Office for National Statistics (ONS) showed regular pay went up by an average of 6.2% in the three months to December

Evening Standard · Feb 13, 2024

Buoyant UK labour market data belies rise in long-term sickness

The absence of so many potential workers is taking a toll. In a literal sense, this is a sick economy

The Guardian - UK · Feb 13, 2024