McKinsey stated in 2019 that 90% of America’s 500 largest companies are now preparing an ESG report – reams of paper meant to prove that the companies are saving society and the planet. Consultants and analysts also spend a lot of time arguing that ESG is a more profitable way to invest. In a series … Read more
A key point of consensus regarding global oil demand is the expectation that it will remain robust, driven by a combination of factors including economic recovery, increased travel and rising industrial activity in non-OECD countries. The only major body not seeing sustained, massive growth is the International Energy Agency (IEA), which revised its figures this … Read more
Image source, Getty Images Item information Author, Mitchell Labiak Role, Business reporter June 12, 2024 The British economy failed to grow in April after particularly wet weather put off shoppers and slowed construction. The official figures are what most economists expected and come after the fastest growth in two years from January to March, which … Read more
Sign up to the View from Westminster email to get expert analysis straight to your inbox Receive our free View from Westminster email The British economy failed to grow in April, dealing a blow to Rishi Sunak’s hopes of turning around the Tory party’s faltering election campaign. According to data published by the Office for … Read more
Sky’s Ian King explains that the signs for growth in the coming months appear more positive, especially with the Bank of England set to ease pressure on consumer spending within months. By means of Ian King, business presenter @iankingsky Wednesday, June 12, 2024 9:23 AM, UK After a very strong start to 2024, in which … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Economic growth in Britain stalled in April in a blow to Prime Minister Rishi Sunak, who is trying to revive a faltering election campaign. The zero growth rate for the month compared with 0.4 percent … Read more
By means of James Sillars, business reporter @SkyNewsBiz Wednesday, June 12, 2024 7:46 AM, UK The British economy flattened in April, according to early official figures that have been seized on by government critics as evidence that the plan announced by the Conservatives is not working. The Office for National Statistics (ONS) said there was … Read more
The British economy flattened in April, according to official figures used by government critics as evidence that the Conservatives’ announced plan is not working. The Office for National Statistics (ONS) said there was zero growth in April compared to the 0.4% recorded in March. A poll of economists from the Reuters news agency had forecast … Read more
Britain’s economy fell in April, slowed by wet weather, as signs of recovery from last year’s recession began to fade. In a setback to Rishi Sunak’s hopes of a strong recovery before the July 4 general election, the Office for National Statistics (ONS) said monthly growth slowed after rising 0.4% in March. The economy failed … Read more
Introduction: It’s UK GDP Day Good morning, and welcome to our in-depth coverage of business, financial markets and the global economy. Rishi Sunak’s claim that “the economy has turned a corner” is about to be put to the test. New gross domestic product data, due at 7am, will show how the UK economy performed in … Read more