Evergrande gets $818m as football stadium land deal cancelled The announcement comes as the heavily-indebted Chinese property firm tries to raise cash to repay debt. Source
UK hiring slowing down as recession looms The recruitment blitz that followed the pandemic is cooling, according to a jobs report. Source
Bank of England warns the UK will fall into recession this year The Bank of England raises rates as it warns inflation will rise over 13% and the UK faces a long recession. Source