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Strikes weigh on UK economy which stagnated in February

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ibt.com

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morningbrief@ibt-mail.com

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Fri, Apr 14, 2023 06:23 AM

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Newsletter Apr 14, 2023 Britain's economy stagnated in February as strikes by public workers hit out

Newsletter Apr 14, 2023 [ International Business Times]( [Strikes weigh on UK economy which stagnated in February]( Britain's economy stagnated in February as strikes by public workers hit output but a bounce in January was stronger than first thought, meaning a recession is a bit less likely to be brewing in early 2023, official data showed. [Bank of England's Pill says latest UK data is disappointing]( Bank of England Chief Economist Huw Pill said on Thursday that the latest data on the economy, including a stagnation of gross domestic product in February, is "somewhat disappointing" even if it remains better than forecast by the BoE late last year.  [Learn more about Jeeng]( [IMF chief urges world to avoid a 'second Cold War']( Georgieva was born and raised in Bulgaria, a former Soviet satellite state. [Inflation bites into profits of UK supermarket Tesco]( In a bid to retain customers, Tesco is matching the prices of similar goods offered by UK supermarkets run by German discounters Aldi and Lidl. [UK government admits to no evidence over economic migrants assertions, discarded 318 tonnes of subsidised food]( The UK government admits to having no evidence to back up claims of boat travellers being economic migrants and to throwing away 318 tonnes of subsidised food. [dianomi]( [UK and South Korea give joint statement outlining cooperation on the transition to clean energy future]( The UK and South Korea have made a joint statement outlining plans for cooperation on the transition to a clean energy future based on renewable and nuclear technology. [French court to have final say on pensions reform]( Some 380,000 people took to the streets nationwide on Thursday in the latest day of union-led action against the bill since January. [The 2023 Gender Pay Gap report shows progress has been stagnant for the last five years]( Analysis from the World Economic Forum last year estimated it would take 132 more years to close the gender pay gap - a disparity which has made little progress this year. [Landlords vetting abuses on renters reveals high crisis on the UK rental market]( A recent report displays extreme vetting procedures from landlords and letting agents. Jahmaya Burke, an associate at KaurMaxwell, argues about those abusive methods. [Italy reverses ban on ChatGPT after initial hesitance with the AI chatbot]( As Italy lifts its ban on ChatGPT, ImmuniWeb's founder, Dr Ilia Kolochenko, has provided his take on the rules and regulations associated with AI. [OpenAI's Bug Bounty Program offers up to $20K for reports on bugs in ChatGPT]( You can report security flaws, bugs, or other vulnerabilities you discover in ChatGPT to make the technology safer for users. [Approximately 3.7m people in the UK are working low-paid and insecure jobs]( The Good Business Charter has redefined its brand to encourage ethical business practices across 10 key areas as poor business practices continue in the UK economy. [Employees with strong connections to their companies adapt better for future job transitions]( According to a study, workers who develop a sense of connection with their firm early on perform well during job transitions within the same company. [Whilst hybrid working is here to stay, employees still value time in the office]( Hybrid working has seen a permanent increase post-pandemic. Whilst this is important to employees, recent findings from a survey suggest they also value time at the office. [Elon Musk wants to sell Twitter, claims running it 'quite painful']( Twitter CEO Elon Musk has again spoken about the struggles of running the social media platform. Musk says that it has been "quite painful" for him. You Might Like    [Learn more about Jeeng]( [IBTimes]( IBTimes will always protect your security and privacy. Please read our detailed [Privacy Policy.]( Please do not reply to this email. [Click here]( to adjust your notification preferences or unsubscribe. © Copyright 2023 IBTimes LLC. All Rights Reserved. IBTimes LLC, 33 Whitehall ST FL 7, New York, NY 10004 U.S.A, New York, New York 10004, United States You may [unsubscribe]( or [change your contact details]( at any time.

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