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UK economy may see growth boost from Chancellor Hunt’s £18bn tax cuts

UK economy may see growth boost from Chancellor Hunt’s £18bn tax cuts

Following the recent fiscal event led by UK Chancellor Jeremy Hunt, economic forecasts are indicating a potential uplift for the nation’s economy. Chancellor Hunt announced a significant fiscal loosening package totaling £18 billion, with measures that include a two-point decrease in national insurance and the introduction of permanent full expensing for capital investments. Deutsche Bank…

Factbox-Global economy to slow down but likely avoid recession in 2024

Factbox-Global economy to slow down but likely avoid recession in 2024

© Reuters. FILE PHOTO: Dollar, Euro and Pound banknotes are seen in this picture illustration taken April 28, 2017. REUTERS/Dado Ruvic/Illustration/File Photo   EUR/USD +0.10% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10…

In 2024, Republican EV attacks may fall short as swing states reap investment

In 2024, Republican EV attacks may fall short as swing states reap investment

2/2 © Reuters. FILE PHOTO: General Motors assembly workers connect a battery pack underneath a partially assembled 2018 Chevrolet Bolt EV vehicle on the assembly line at Orion Assembly in Lake Orion, Michigan, U.S., March 19, 2018. REUTERS/Rebecca Cook/File Photo 2/2 By Gram Slattery and Nichola Groom WASHINGTON (Reuters) – Electric vehicles are a “hoax,”…

Nigeria cenbank to tighten policy to curb inflation, asks banks to boost capital

Nigeria cenbank to tighten policy to curb inflation, asks banks to boost capital

© Reuters. FILE PHOTO: A view of Central Bank of Nigeria headquaters next to National Ecumenical Centre in Abuja, Nigeria November 23, 2021. REUTERS/Afolabi Sotunde/File Photo By Chijioke Ohuocha and Elisha Bala-Gbogbo ABUJA (Reuters) -Nigeria’s central bank will tighten policy over the next two quarters to manage inflation while directing banks to boost capital to…

Pakistan secures IMF staff-level accord, aims for economic growth

Pakistan secures IMF staff-level accord, aims for economic growth

ISLAMABAD – Pakistan’s economic landscape is showing signs of recovery as Minister Shamshad Akhtar announced a staff-level agreement with the International Monetary Fund (IMF), signaling a positive shift following comprehensive stabilization measures. The country has been grappling with macroeconomic instability due to a combination of delayed reforms, political disruptions, and external pressures such as rising…