UK troubled by inflation and weak pound
How inflation and a weak pound are beginning to take hold of the UK economy...
Tag : 2017
Singapore’s economy to stay sluggish in 2017
Growth in 2017 expected to be only slightly higher than this year, just above 2% IFM Correspondent October 31, 2016: Singapore’s central bank, the Monetary Authority of Singapore (MAS), said that the country’s small, trade-dependent economy is going through a cyclical downturn that has lasted longer than expected and is not expected to pick up...
Ease of Doing Business: New Zealand grabs top spot
Toppled Singapore, which had led the World Bank’s index for 11 years...
Flying through the eye of a storm
Expect UK to enter technical recession between second half of 2016 and first half of 2017 Jaspreet Sehmi August 2, 2016: In its first set of projections published since the UK voted to leave the EU, the IMF has downgraded its forecasts for global, eurozone and UK growth. In addition, the Fund says that the...
Lloyds Bank to cut 3,000 jobs
This follows Britain’s decision to quit the European Union July 28, 2016: Lloyds Banking Group is set to cut 3,000 jobs and shut 200 branches as it prepares for a cut in interest rates following Britain’s decision to quit the European Union, it said. The bank, which is 9 per cent owned by the government,...
What to expect in 2017
OMFIF believes Trump’s ‘wayward behaviour and rhetoric’ will exacerbate the damage in geopolitics and economics IFM Correspondent January 2, 2017: The year 2016 was filled with action. The Official Monetary and Financial Institutions Forum (OMFIF), a research firm, expects 2017 to be along the same lines. Many lines of political and economic risk intersect the...