Recession

Posted at 0:57 18 Nov 2019

Hong Kong police in fiery stand-off at university

Anti-government protesters watch as a large fire is started by other protesters in a staircase at the main entrance that leads into the Hong Kong Polytechnic University

Police warned protesters that they could use live bullets if violence against officers continued.

Posted at 10:45 15 Nov 2019

Hong Kong in first recession for a decade

Months of anti-government protests have taken their toll on the territory's economy.

Posted at 8:25 4 Nov 2019

How can we revive consumer confidence?

As the economy slows, people's purchasing power is taking a hit. How can we create demand?

As the global economy slows down, people's purchasing power is taking a hit. The International Monetary Fund has forecast that the global economy will grow at just 3% this year - the slowest since the recession of 2008-09. India's central bank too says that consumer confidence has dipped to a six-year low in the country.

According to experts, consumer confidence is like an oil tanker - once moved, it can take a very long time to turn around.

So, how significant are the current consumer trends? And what can be done to revive consumer confidence?

#WorklifeIndia discusses the best ways to create fresh demand and asks what some of the innovative measures are to reform the market and to boost consumer confidence.

Presenter: Devina Gupta
Contributors: Dr Reetika Khera, associate professor of economics, Indian Institute of Management; Hindol Sengupta, author and journalist; Preeti Reddy, CEO, South Asia, Kantar Insights

Posted at 14:54 31 Oct 2019

Should Germany spend more to revive its economy?

Andrew Walker

BBC World Service economics correspondent

With the country close to recession, some say it is time Germany ditched its cautious economic policies.

Posted at 9:22 28 Oct 2019

How can we revive consumer confidence?

As the economy slows, people's purchasing power is taking a hit. How can we create demand?

As the global economy slows down, people's purchasing power is taking a hit. The International Monetary Fund has forecast that the global economy will grow at just 3% this year - the slowest since the recession of 2008-09. India's central bank too says that consumer confidence has dipped to a six-year low in the country. 

According to experts, consumer confidence is like an oil tanker - once moved, it can take a very long time to turn around.

So, how significant are the current consumer trends? And what can be done to revive consumer confidence?

#WorklifeIndia discusses the best ways to create fresh demand and asks what some of the innovative measures are to reform the market and to boost consumer confidence.

Presenter: Devina Gupta
Contributors: Dr Reetika Khera, associate professor of economics, Indian Institute of Management; Hindol Sengupta, author and journalist; Preeti Reddy, CEO, South Asia, Kantar Insights

Posted at 13:51 23 Oct 2019

UK tax breaks 'led to decline in Manx film industry'

Changes to UK tax rules brought the island's film sector to a "shuddering halt", a committee hears.

Posted at 8:39 10 Sep 2019

Brexit effect 'reducing recession fears'

Today Programme

BBC Radio 4

Preparations for the 31 October Brexit deadline have eased fears that the UK is imminently going to slip into recession.

That's according to Jane Sydenham, investment director at Rathbones.

She was speaking to the Today programme after the UK economy grew by 0.3% in July.

She said: "Although the second quarter was negative, it looks as though we are not going to have recession at the moment.

"It looks as though there is quite a lot of hiring and spending ahead of Brexit that seems to be coming to the fore again, in the same way that it did ahead of the previous date of March 29.

"It appears that might be happening, although it’s difficult to tell until after the event.

"One month’s numbers are way too short a period [to judge] and they can be quite volatile so we need to see how it develops."

Posted at 15:36 9 Sep 2019