23 Jan Blog Two million could see energy cut off this winter, charity warns Posted by GlobtecGroup January 23, 2024 0 Two million people could have their gas and electricity cut off this winter because they cannot afford to top up their prepayment meter... Continue reading
22 Jan Blog US home sales see worst year since 1995 Posted by GlobtecGroup January 22, 2024 0 Home sales in the US sank to the lowest in nearly 30 years, as a sharp rise in interest rates increased costs for buyers and persuaded ... Continue reading
17 Jan Blog Inflation risk from Red Sea disruption, warns economist Posted by GlobtecGroup January 17, 2024 0 Inflation is at risk of rising again, according to a leading economist, following attacks on ships using a vital trade route through th... Continue reading
Blog New train strike dates announced by Aslef drivers’ union Posted by GlobtecGroup January 16, 2024 0 A fresh series of strikes has been unveiled by the main train drivers' union, Aslef, in its long-running pay dispute with 16 train comp... Continue reading
10 Jan Blog Global economy set for weakest growth since pandemic, warns World Bank Posted by GlobtecGroup January 10, 2024 0 The global economy is set to grow at its slowest pace since the pandemic, the World Bank has warned. It has forecast growth of jus... Continue reading
08 Jan Blog Strong US jobs growth dampens talk of rate cuts Posted by GlobtecGroup January 8, 2024 0 Hiring in the US was unexpectedly strong last month, as the American economy continued to defy forecasts of a slowdown. Employers ... Continue reading
04 Jan Blog SpaceX accused of unlawfully firing staff critical of Elon Musk Posted by GlobtecGroup January 4, 2024 0 SpaceX has been accused of unlawfully firing eight workers who were critical of its multi-billionaire chief executive Elon Musk. A... Continue reading
03 Jan Blog UK factory output lower than expected after fall in domestic and export orders Posted by GlobtecGroup January 3, 2024 0 Britain’s factories started the year on a weaker footing after 17 consecutive months of contraction, as higher borrowing costs and a sl... Continue reading
02 Jan Blog China’s many systemic problems dominate its outlook for 2024 Posted by GlobtecGroup January 2, 2024 0 There were contrasting reactions when the US rating agency Moody’s downgraded China’s A1 credit rating outlook from stable to negative ... Continue reading
29 Dec Blog Five charts explaining the UK’s economic prospects in 2024 Posted by GlobtecGroup December 29, 2023 0 As we enter an election year, how will the effects of inflation, weak GDP growth, unemployment, tax cuts and rising housing costs sway ... Continue reading