Now playing Next Markets Markets outlook: European shares downbeat over French predictions The French government's predictions for lower economic growth in 2024 put an early dampener on the mood of the markets. 19/02/2024
Now playing Next Economy Why is France dropping its 2024 economic growth outlook to 1%? The country's finance minister said in a TV interview that spending cuts will be made across every government ministry with immediate effect. 19/02/2024
Now playing Next Economy EU growth prospects dim with inflation expected to further retreat The EU's economy entered 2024 with subdued momentum. The European Commission downgraded its growth forecast to 0.9% for the EU and 0.8% for the euro area. Yet while inflation rates are expected to decline more than previously predicted, challenges remain. 15/02/2024
Now playing Next Economy Lockdown may have set productivity back 40 years, says OECD The impact of lockdowns on children's education during the Covid-19 pandemic may have set back the chances of increasing global economic growth by up to 40 years, according to the Organisation for Economic Cooperation and Development (OECD). 08/02/2024
Now playing Next Economy French industry receives a boost after slow GDP growth Industrial production in France has shifted at its most dramatic rate since May, showing a 1.1% jump in December. 02/02/2024
Now playing Next Economy Eurozone narrowly avoids recession but gloomy outlook remains France and Germany remain in the doldrums despite Spain and Italy beating economic expectations. 30/01/2024
Now playing Next Economy Irish GDP shrinks as multinational-dominated sectors decline The latest economic data from Ireland's national statistical office shows the economy is continuing to contract. 26/01/2024
Now playing Next Economy Good news for US as growth shows surprise jump The world's biggest economy grew significantly faster than expected at the end of 2023, making a recession look increasingly unlikely. 25/01/2024
Now playing Next Economy Beyond GDP: Why economic growth requires more than just numbers A new report from the WEF claims that a conventional GDP growth picture is incomplete without a deeper understanding of the underlying nature and quality of growth. 17/01/2024
Now playing Next Economy Most economists fear more global fragmentation likely in 2024 About 56% of global chief economists feel that the world is likely to see increased economic weakness in the coming year, whereas seven out of 10 believe there will be more rifts. 15/01/2024
Now playing Next Economy Davos 2024: What the theme 'rebuilding trust' is all about As we face an increasingly fractured and polarised world, this year’s World Economic Forum summit will look at ways of rebuilding and strengthening trust amongst global stakeholders. 11/01/2024
Now playing Next Economy French industrial production beats expectations, showing 0.5% rise French industrial production for November beats expectations while other EU countries fail to perform as strongly 10/01/2024
Now playing Next Economy Global economy heading towards lowest half-decade growth in 30 years World Bank predicts the global economy will slow for a third consecutive year in 2024. 10/01/2024
Now playing Next Business Chinese and German manufacturing sectors boosted by new orders, UK lag China and Germany’s manufacturing PMIs came in above expectations, however, UK’s struggled with falling foreign demand 02/01/2024
Now playing Next Economy Why are UK workers losing thousands of pounds? Average UK households are £8,300 poorer than their counterparts in countries like France, Germany and the Netherlands, according to a new report by the Resolution Foundation and LSE. 04/12/2023
Now playing Next Economy German downturn eases while French economy contracts sharply Although both are in contraction territory, sentiment in the German economy is more optimistic. 23/11/2023
Now playing Next Europe News Brussels cuts EU growth forecast again to just 0.6% this year Europe's economy will grow less than originally predicted, according to the European Commission's latest forecast. 15/11/2023
Now playing Next Economy US government estimates economy grew last quarter at a 2.1% rate US GDP grew at a 2.1% rate between April and June, the US governement said on Thursday. 28/09/2023
Now playing Next Climate Climate crisis: Are the sustainable development goals fit for purpose? Is sustainable development an oxymoron? Eight years on from the launch of the SDGs, little progress has been made. 21/09/2023
Now playing Next Economy Eurozone GDP grows by 0.3% in second quarter of the year The 20 countries that use the euro currency and their 346 million people saw modest economic growth of 0.3% growth in the second quarter of the year but the outlook remains relatively weak. 16/08/2023