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UK Could Experience Period of Low Growth for at Least Three Years

By | 2018-10-16T07:49:57+00:00 October 16th, 2018|Economy|

By Lauren Howells. The UK economy will experience low economic growth for at least the next three years, according to the latest UK economic forecast by economic forecasting group the EY Item Club. EY Item Club has “trimmed” its GDP growth forecast for 2018 and 2019 In its autumn 2018 forecast, the EY Item Club [...]

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New Online Tool Shows Cost to Rent in any Postcode for a Lifetime

By | 2018-10-09T09:30:02+00:00 October 9th, 2018|Economy, Personal Finance|

By Mark Fairlie. A new online tool allowing users to find out how much it would cost them in rent over 50 years in their chosen postcode has been launched by window furnishings company, Thomas Sanderson. As well as showing the cost of renting a property over that period, the tool compares that figure with [...]

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September Economic Round Up: Trump-China Trade and Rum ‘n Raisin

By | 2018-10-02T08:11:46+00:00 October 1st, 2018|Business, Economy|

As we do at the end of every month, CLNews looks back over the month that has just ended. September brought us an escalation in the US/China trade war and gloom for the UK high street and Argentina. However, an ice cream maker in Derby did his very best to lift our spirits… By Mark [...]

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Could Robots Create more Jobs than they Take?

By | 2018-09-24T10:02:27+00:00 September 24th, 2018|Economy, Technology|

Will a robot take your job? The prophets of doom have so far held the upper hand in this debate. But a new report from the World Economic Forum suggests that the opposite is going to be true. Rather than destroy jobs, robots and artificial intelligence will actually create jobs for us… By Mark Richards. [...]

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UK growth forecasts downgraded

By | 2018-09-18T09:01:56+00:00 September 18th, 2018|Business, Economy|

By Lauren Howells. The British Chambers of Commerce (BCC) has decreased its UK growth forecasts for 2018 and 2019 and warned that the UK economy will have experienced its second-weakest decade by 2020. GDP growth 2018 forecast at 1.1%, down from 1.3% In an announcement made on Monday, the BCC reported that it was forecasting [...]

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Gordon Brown warns about upcoming financial crisis

By | 2018-09-14T07:52:07+00:00 September 14th, 2018|Banking, Economy|

By Mark Fairlie. Gordon Brown, the former Prime Minister told the BBC that the world isn’t ready to handle the next financial crisis. Mr. Brown suggested that economies around the world wouldn’t be able to manage the next big financial problem because of a breakdown in global co-cooperation. Because of this lack of international collaboration, [...]

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The Irresistible Rise of the Chatbots

By | 2018-09-07T08:59:49+00:00 September 7th, 2018|Business, Economy, Technology|

More and more companies are using chatbots – and it is becoming harder to tell the difference between chatbots and people. But what is a chatbot? What does the future hold? And how many jobs will they threaten? By Mark Richards. When I started researching today’s article the first thing I came across was a [...]

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August Economic Round Up: Hammond, Greece and Virtual Land

By | 2018-08-31T09:27:57+00:00 August 31st, 2018|Economy|

As we do at the end of every month, CL News looks back over August, a month that brought us the usual uncertainty over Brexit, serious troubles for Venezuela and Argentina, good news for Apple and the uber-charismatic Philip Hammond making the headlines. August also brought us grim news for the UK’s farmers and a [...]

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