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Business
Russia’s economic situation is deteriorating after two years of growth linked to a shift to a war economy, according to IMF Managing Director Kristalina Georgieva. Despite raising the 2026 growth forecast slightly, Georgieva warned that inflation and sanctions severely restrict long-term prospects.
James Murdoch has finalised a deal to acquire New York Magazine and the Vox Media Podcast Network for over £300 million, enhancing his media portfolio. The transaction includes Vox’s news site and popular podcasts, while CEO Jim Bankoff will continue to lead operations under Lupa Systems.
The EU’s trade deal with South America’s Mercosur bloc has begun provisional implementation after 25 years of negotiations. This agreement forms one of the world’s largest free trade areas, encompassing 720 million consumers and aiming to reduce tariffs on over 90% of bilateral trade.
UK growth forecasts downgraded for next two years The Office for Budget Responsibility (OBR) has…
The government will commit to the triple lock pension.
CITY AM – Clear As Mud City is ‘paying too much attention’ to inflation data,…
Financial Times – Hunt to put £9bn a year tax break for business at core of growth drive
Pensions overhaul in Autumn Statement will cost workers tens of thousands, says ex-pensions minister The…
Autumn Statement latest: What businesses want from Jeremy Hunt FT SAYS The shadow chief secretary…
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