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
28 Dec Blog Business Pound hits $1.28, with UK economy predicted to ‘turn corner’ in 2024 Posted by GlobtecGroup December 28, 2023 0 Pound jumps over $1.28 The pound has hit its highest level against the US dollar since the beginning of August, as investors continue ... Continue reading
27 Dec Blog House prices to fall and rents to rise in 2024, forecasts suggest Posted by GlobtecGroup December 27, 2023 0 UK house prices are expected to fall in 2024, according to analysts and lenders, while the cost of renting a home will continue to rise... Continue reading
26 Dec Blog Bank of Russia Governor Says She Is Bracing for More Sanctions Posted by GlobtecGroup December 26, 2023 0 Bank of Russia Governor Elvira Nabiullina, who helped the Kremlin absorb the blow from sweeping sanctions over the invasion of Ukraine,... Continue reading
22 Dec Blog Fears of higher oil prices after Red Sea attacks Posted by GlobtecGroup December 22, 2023 0 Attacks on commercial ships in the Red Sea risk pushing up the price of oil and other goods, analysts have warned. Several firms have ... Continue reading
21 Dec Blog Why is inflation higher in UK than other countries? Posted by GlobtecGroup December 21, 2023 0 The UK's inflation rate has fallen to the lowest level in more than two years, but the cost of living is still rising faster here than ... Continue reading
20 Dec Blog Inflation falls to lowest level in over two years Posted by GlobtecGroup December 20, 2023 0 UK inflation fell by more than expected last month, driven largely by a drop in fuel prices. Prices rose by 3.9% in the year to No... Continue reading