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The G7 nation set for the slowest economic growth

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With the war in Ukraine waging on, the recovery of the global economy post-Covid will be ‘severely set back’

The International Monetary Fund warns the violence is driving up prices for food and fuel and this is expected to slow economic growth right around the world.

The United Kingdom will likely be hit the hardest and Britain will no longer be the fastest growing economy in the G7 group of Western nations, in fact it will be the slowest in 2023.

The IMF says price pressures will almost certainly lead to consumers tightening their purse strings, with households cutting spending.

Overall, the UK’s economy is forecast to grow by 3.7 percent this year, a figure which is down from the previous forecast of 4.7 per cent.

But in 2023, the predicted figures are even worse, the UK is expected to have a growth of just 1.2 percent, almost half of the previously expected figure.

As the IMF continues to work closely with nations right around the world to stabilise the global economy, it warns inflation is now a “clear and present danger” in many countries.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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