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REVEALED: 25 | Vintage Vibes

Australia’s richest captured 93% of economic growth between 2009 financial crisis and Covid, paper shows

Wealthiest 10% captured growth in company profits while most Australians watched their real wages shrink, Australia Institute finds

The Guardian - AU

More than half of the British public support junior doctors going on strike, new poll suggests

NHS junior doctors have the support of more than half of the public, according to a new Ipsos poll.

Chronicle Live

PM urged to ‘reset tone’ of voice debate – as it happened

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The Guardian - AU

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Strikes, protests and collective action: how fighting a cost-of-living crisis wasn’t always about tightening your own belt

Most people today are coping with the rising cost of living individually: cost cutting, looking for a better paid job, taking on “side hustles”, and so on. But not so long ago, many workers globally and in Aotearoa New Zealand approached the same problem in far more collective ways.

The Conversation

EXPLAINED: Why junior doctors in Scotland are not on strike

Junior doctors in England are set to stage four days of strike action – leading to confusion on whether junior doctors in Scotland are also taking…

The National (Scotland)

Predicted 0.08% boost from UK-Asia trade deal could be overestimate

Trade department used different approach to estimating economic boost which ‘generates larger estimated GDP impacts’

The Independent UK

Are there brighter prospects than at the last IMF meetings? Only just

October saw the UK chancellor in the dock. Now the US’s Yellen will face flak over green subsidies and banking security

The Guardian - UK

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5 Money Moves for Your Recession Game Plan

Some think a recession is inevitable. Is your game plan ready if it is?

Kiplinger

Gold prices surge as dollar weakens

Gold prices hit a 13-month high, touching US$2,031 per ounce as weak US economic data spurred demand for the safe-haven asset amid a weakening dollar, according to analysts.

Bangkok Post

Women still paid less than men at four out of five employers in Great Britain

Guardian analysis shows median gender pay gap is stubbornly wide at 9.4%, the same level as five years ago

The Guardian - UK

US job openings fall below 10 million for first time since 2021

Vacancies at U.S. employers dropped in February to the lowest since May 2021, suggesting a cooling in labor demand in some industries but still indicative of a job market that’s too tight for the Federal Reserve.

Tribune News Service

Manufacturing comes off its high boil

Manufacturing activity is shown to be falling in April's first significant economic release.

Axios

At this rate, Sunak may even repent of Brexit before Starmer does

The blight on living standards makes the case for rejoining stronger every day – and this PM is nothing if not pragmatic

The Guardian - UK

Commentary: How the debt ceiling could prevent the next banking crisis

With the collapse of several banks in the last few weeks, many fear that their deposits aren’t safe and another financial crisis is looming. Worse, the fight in Washington over raising the debt ceiling threatens to strain the system still more. These two issues may seem worlds apart, but both…

Tribune News Service

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The Independent UK

UK private sector contracts for eighth consecutive quarter

However, the Confederation for British Industry (CBI) said its latest growth report showed ‘signs of green shoots’.

The Guardian - AU

Ignore the doomsayers, the sky won’t fall if Australian workers get a pay rise

There has not been a wages breakout even in this period of extraordinary inflation, yet the fear of one continues to be spread

Bangkok Post

BoT poised to raise rate by quarter-point

The Bank of Thailand is expected to raise its policy rate by 0.25 percentage points on Wednesday to contain inflation amid the economic recovery while trying to ease baht volatility, say economists.

The Conversation

Politics with Michelle Grattan: Michael Brennan on Australia's parlous productivity growth

The Productivity Commission’s nine-volume report has a tough central message. It says productivity policy has to focus on the areas that have proven the hardest in the past, rather than those where previously progress has been most readily achieved.

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The Independent UK

Next first minister must prioritise economic growth, says business leader

Dr Liz Cameron, of the Scottish Chamber of Commerce, said the country needed a credible plan to drive economic growth.

Insider UK

Next First Minister 'must tackle persistent productivity problem'

Latest research reveals mixed progress across leading indicators

Tribune News Service

Here's how to prepare for a recession, if it actually happens

A recession could be on the way. Or it could not.

The Guardian - UK

UK workers £11,000 worse off after years of wage stagnation – thinktank

Resolution Foundation analysis suggests UK lagging behind similar economies such as Germany

Chronicle Live

New childcare plans could 'lock out' North East families, campaigners fear

The North East Child Poverty Commission believes free childcare should be available to all babies and children

Birmingham Post

Northern Ireland economy emerges from recession as services sectors blooms

Late 2022 recovery bodes well for headline economic indicator as commentators await outcome of Windsor Framework deliberations

The Independent UK

Nurses, paramedics reach pay deal to end England strikes

Leaders of unions representing hundreds of thousands of nurses, ambulance crews and other health care workers in England have reached a deal to resolve months of disruptive strikes for higher wages during a punishing cost-of-living crisis

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