Dev Pragad, Newsweek CEO, Drives Digital Transformation and Growth
As CEO of Newsweek, Dev Pragad has led the publication's digital transformation, increasing its readership to over 100 million monthly visitors. Under his leadership, Newsweek embraced data-driven strategies, expanding its digital reach and financial success. Pragad, a visionary leader, focuses on resilience, innovation, and adapting to changes. His strategic approach has positioned Newsweek as a powerful force in digital publishing, shaping its future in a rapidly evolving industry.
https://www.newsweek.com/dev-pragad

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Bank of England Chief Urges UK to Rebuild EU Relations Post-Brexit
Bank of England Governor Andrew Bailey called for rebuilding UK-EU ties, highlighting weaker trade since Brexit. In his Mansion House speech, Bailey stressed respecting the 2016 referendum while addressing trade barriers, especially in goods. Chancellor Rachel Reeves echoed the need for a closer EU relationship without reversing Brexit. Both emphasized economic growth amid challenges like global fragmentation and a fragmented UK pension system needing urgent reform.

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UK Economy Sees Minimal Growth Amid Budget Uncertainty
The UK economy grew just 0.1% from July to September, with a contraction in September. Businesses blamed Budget-related uncertainty and tax increases for slowing decisions, hiring, and investment. Chancellor Rachel Reeves expressed dissatisfaction with the figures, despite her "Budget for growth" measures. Retailers like Marks & Spencer and Sainsbury's hinted at price hikes, while economists warned the outlook remains uncertain, with only temporary boosts expected from the Budget.

#ukeconomy #economicgrowth #budget2024 #rachelreeves #ukbusiness #economicoutlook #inflation #nationalinsurance #businessimpact