Tag: growth
Reeves squeezes benefits as 2025 growth forecast halved
Rachel Reeves has squeezed the welfare budget further and boosted defence spending in a Spring Statement aimed at kick-starting the faltering economy. The Office for Budget Responsibility (OBR) – the government’s financial watchdog – halved its growth forecast for this year to 1%. The chancellor blamed global instability, arguing that the world was “changing before…
Experts warn that recent school shootings show growth in new radicalization pattern
Odette Yousef Two recent school shootings are highlighting what extremism researchers see as a growing — and poorly understood — trend among young people who embrace mass violence. The attacks, at high schools in Madison, Wis., and Nashville, Tenn., defy categories that law enforcement and researchers have long used to understand radicalization pathways, such as…
Jason Kelce Details Travis Kelce’s Growth Since Dating Taylor Swift
Jason Kelce explains how Travis Kelce’s relationship with Taylor Swift has impacted his younger brother and changed him for the better. Jason Kelce can thank Travis Kelce’s cheer captain for his growth. The They Call it Late Night host admitted that he’s seen quite a change in his younger brother since he and Taylor Swift…
Tumors Hijack the Nervous System to Fuel Their Own Growth
Tumors Hijack the Nervous System to Fuel Their Own Growth Interrupting signals exchanged between tumors and the nervous system could become a critical pillar of cancer care By Ingrid Wickelgren edited by Gary Stix Brain tumor. Cancer arises as an enemy from within. One of the body’s own cells becomes damaged or corrupted and then…
Bank cuts interest rates and slashes growth forecast
The Bank of England has halved its growth forecast for this year as it cut interest rates to the lowest level for more than 18 months. The economy is now expected to grow by 0.75% in 2025, the Bank said, down from its previous estimate of 1.5%. The government has made growing the economy one…
How quickly could Rachel Reeves’ new plans boost growth?
Chancellor Rachel Reeves said on Wednesday that “economic growth is the number one mission of this government” as she unveiled a series of proposals to boost the UK’s economy. But how quickly could the government get growth from the plans she announced? Critics have argued some of the projects – such as expanding Heathrow –…
Reeves backs third Heathrow runway as part of push for economic growth
Chancellor Rachel Reeves has backed a third runway at London’s Heathrow Airport as part of a fresh plan to get the UK’s sluggish economy growing. She said Heathrow expansion, which has been delayed for decades over environmental concerns, would “make Britain the world’s best connected place to do business”. In a wide-ranging speech to business…
Chris Mason: Labour must make economic growth ideas work this time
Labour were talking about economic growth for months before the general election and they have been talking about it for months afterwards as well. The thing is, there hasn’t been any, or next to none of it. This is a problem, for the daily lives of millions of us, and the government’s prospects and popularity,…
Reeves set to welcome Heathrow expansion as growth plans outlined
Chancellor Rachel Reeves is expected to welcome Heathrow’s expansion on Wednesday, the BBC understands, as she reveals Labour’s latest plans for growth. A move to encourage in principle a planning application for a third runway at the airport will mark the first stage of the process and come as part of a major speech setting…
Reeves vows action on growth amid rising debt costs
Chancellor Rachel Reeves has pledged to go “further and faster” to improve economic growth after market turbulence saw the cost of servicing UK debt rise. The last few days have seen pressures on the public finances increase, after government borrowing costs hit their highest level for several years. Conservative shadow chancellor Mel Stride called it…
Reeves’ drive for growth seeks China lifeline after UK market turmoil
Chancellor’s mission to Beijing weighted with greater expectations Rachel Reeves hailed a new era of “respectful and consistent future relations with China” as pressure grew on the embattled chancellor to deliver on her government’s central promise to fire up UK economic growth. After meeting China’s vice-premier, He Lifeng, in Beijing, Reeves said Britain’s relationship with…
Greggs sales growth slows amid ‘lower consumer confidence’
Bakery chain says fewer shoppers on high streets over Christmas also to blame in ‘more challenging market’ Greggs, the UK’s biggest bakery chain, has reported slowing sales growth over the festive period, blaming weakening consumer confidence and fewer shoppers on high streets. The company said its total sales rose by 11.3% to just over £2bn…
UK long-term borrowing costs at highest since 1998 amid fears over weak growth
Yield rises above peak reached when Liz Truss’s mini-budget in 2022 caused turmoil in markets The UK government’s long-term borrowing costs have reached the highest level since 1998 amid investor concerns over Britain’s sluggish growth prospects and stubbornly high inflation. The yield – in effect the interest rate – on UK 30-year government debt rose…
Real Estate Market Outlook for 2025: Trends and Expectations
The Spanish real estate market is poised for sustained growth in 2025. Housing prices are expected to continue rising, driven by demand that could exceed 666,000 property transactions. Experts highlight intense competition and growth supported by lower mortgage rates.