Tag results for: recession

Mexican peso strengthens, but risks of recession loom – London Business News | Londonlovesbusiness.com

The Mexican peso started the week on a positive note against the U.S. dollar, benefiting from broad-based weakness in the greenback. However, this optimism...

It is not a time for victory laps certainly, as ‘the danger of recession hasn’t gone away’ – London Business News | Londonlovesbusiness.com

The UK economy edged up in December following a previously flat second half of the year. Having slumped to no growth in the third...

UK avoids a recession by a whisker as economy grows 0.1% – London Business News | Londonlovesbusiness.com

Figures released by the Office for National Statistics (ONS) on Thursday morning shows the UK narrowly avoided a recession as the economy shows a modest...

Tory MP warns Labour has ‘killed’ the economy ‘stone dead’ and there’s ‘no easy way out’ – London Business News | Londonlovesbusiness.com

Kwasi Kwarteng the former Chancellor has warned that Labour has “no easy way out” as the UK’s economic future under the current government. Kwarteng...

UK back on recession watch in wake of Labour’s Autumn Budget – London Business News | Londonlovesbusiness.com

The Office for National Statistics (ONS) has warned the UK economy contracted for the second consecutive month of negative growth which should now put the...

Economic pessimism grows post-Budget as recession fears rise – London Business News | Londonlovesbusiness.com

Economic uncertainty is on the rise for the UK’s 5.6 million small and medium-sized enterprises (SMEs) following the Autumn Budget, according to iwoca’s Q3 2024...

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New report sheds light on how Gemini fits into Apple’s Siri revamp

After months of speculation, Apple finally confirmed that it is partnering with Google for the much-awaited Siri overhaul. However, the announcement offered few...

Government commits £45bn to Northern Powerhouse Rail – London Business News | Londonlovesbusiness.com

The Government has announced major investment to improve rail links across the North of England. The aim is to cut journey times and...

TGI Friday’s closes 16 restaurants – London Business News | Londonlovesbusiness.com

TGI Fridays has closed 16 restaurants which has led to the loss of 456 jobs as the restaurant chain has entered administration. Liberty Bar...

Tesla’s Full Self-Driving is switching to a subscription-only service

Tesla will stop selling its $8,000 Full Self-Driving (FSD) option and make it strictly a monthly subscription service after February 14, CEO Elon...

How AI Companies Got Caught Up in US Military Efforts

At the start of 2024, Anthropic, Google, Meta, and OpenAI were united against military use of their AI tools. But over the next...