#Latest news with #WillMatthisBloomberg28-04-2025BusinessBloombergAllegra Stratton: Can Rachel Reeves Juice Growth?At the time of writing, Europe has been plunged into its most disruptive power cut in recent history – millions across Spain and Portugal are struggling without electricity. Early suggestions of a cyber attack have given way to the likelihood it was a simple technical fault. Follow Bloomberg's live blog for excellent analysis including Will Matthis on the race against time – as night approaches – for these nations to delicately restart their power. The UK is not affected but while we bask in early Summer sunshine yet more data is published indicating darker times ahead - the EY Item Club this morning halved its projected rate of growth for 2026 from 1.6% to .9%.
Bloomberg28-04-2025BusinessBloombergAllegra Stratton: Can Rachel Reeves Juice Growth?At the time of writing, Europe has been plunged into its most disruptive power cut in recent history – millions across Spain and Portugal are struggling without electricity. Early suggestions of a cyber attack have given way to the likelihood it was a simple technical fault. Follow Bloomberg's live blog for excellent analysis including Will Matthis on the race against time – as night approaches – for these nations to delicately restart their power. The UK is not affected but while we bask in early Summer sunshine yet more data is published indicating darker times ahead - the EY Item Club this morning halved its projected rate of growth for 2026 from 1.6% to .9%.
28-04-2025
