Exclusive: Top Tory Says Invest in British Workers Instead of Relying on ‘Cheap’ Chinese Products
The UK does not have to rely on “cheap” products from China if it invests in British workers and industry, Sir Iain Duncan Smith said.
The UK does not have to rely on “cheap” products from China if it invests in British workers and industry, Sir Iain Duncan Smith said.
The UK is facing a “baby shortage” that could lead to economic stagnation, with fertility rates dropping to nearly half those seen after WW2.
National security concerns were raised after a report found the UK is almost exclusively reliant on China for tens of thousands of products.
Boris Johnson is set to introduce the highest tax burden on the public in 70 years, amid plans to increase National Insurance payments.
A ‘Great Reset’ of the British property market is currently underway, in which big banks are buying up houses across the country.
Brexit Britain has outpaced the entire European Union, the Middle East, and Africa in fintech investment during the first half of the year.
The United Kingdom should not “scamper down a rabbit hole” every time a new coronavirus variant emerges, said a leading science advisor to the British government, who called for a more “balanced” approach to the Chinese virus.
The coronavirus lockdown measures in Britain will be partially lifted on Monday, however, the harsh toll of the economic shutdown has resulted in nearly 10 per cent of all restaurants closing down for good. While pubs and bars have garnered
British businesses, schools, property, and critical infrastructure have reportedly been bought up by Chinese investors to the tune of £135 billion, doubling previous estimates.
Young people were hardest hit by corona restrictions that closed bars, restaurants and hotels, according to the latest government statistics.
British businesses in the hospitality sector have bucked at Prime Minster Boris Johnson’s scheme to require vaccine passports for their customers, saying that they will refuse to enforce the measures. Writing in a letter to the PM, the owners of
The pub industry has seen a rapid decline over the past year of lockdowns, with some 2,500 pubs shutting down for good in 2020.
The United Kingdom has reportedly made “rapid progress” in securing a post-Brexit trade deal with the British commonwealth nation of New Zealand, which would see British companies enjoy greater access to the market and cheaper food imports back to the UK.
The International Monetary Fund (IMF) has predicted that Brexit Britain will grow faster than the Eurozone as well as the United States by next year, despite having one of the steepest contractions of any major Western nation during the Chinese
The Chinese coronavirus pandemic and the ensuing national lockdown measures have cost the British economy some £251 billion over the past year, a report has found.
Companies in Britain have been tasking law firms to craft “no jab, no job” contracts that would bar prospective employees from being hired unless they have been vaccinated against the Chinese coronavirus.
The coronavirus lockdowns implemented by the British government will force at least a quarter of a million small businesses to shut down for good if they are not bailed out by the taxpayer, business leaders have predicted.
The United Kingdom’s economic emergency is “just beginning”, according to Chancellor of the Exchequer Rishi Sunak, who predicted that unemployment will rise by over one million in the coming months.
British businesses are facing a “hammer blow” from the government’s decision to extend lockdown restrictions, warned the former leader of the Conservative Party, Iain Duncan Smith.
Prime Minister Boris Johnson is currently considering a short-term cut to foreign aid spending amidst huge budgetary shortfalls due to the economic damage caused by the Chinese coronavirus and the ensuing lockdown restrictions. The government is drafting plans to decrease
Reform Party leader Nigel Farage warned that the UK is heading towards “mass business bankruptcies” and “massive unemployment”, while Jeff Bezos and Amazon reap the rewards of Prime Minister Boris Johnson’s second national lockdown. During the Chinese coronavirus pandemic, Amazon
Prime Minister Boris Johnson is expected to impose a second national lockdown in England next week, as government models predict a deadly second wave of the Chinese coronavirus in the winter.
At a ‘Stop the New Normal’ protest in London on Saturday, thousands of Britons demonstrated against the British government’s China virus restrictions, including one woman who claimed the lockdowns have destroyed her business. In a message to Prime Minister Boris
The British government may need to increase taxes by over £40 billion per year in order to prevent the debt accrued during the China virus lockdowns from “spiralling upwards”, the Institute for Fiscal Studies (IFS) warned in a report.
Prime Minister Boris Johnson has said that pubs, restaurants, and a selection of other British businesses will be permitted to open as of the 4th of July.
The economic fallout from the Chinese coronavirus was put in stark reality, as the British government revealed that the number of people claiming unemployment benefits in the United Kingdom rose by 856,500 during the first month of the national lockdown.
A report found that the economic fallout from the Chinese coronavirus pandemic will leave 11.7 million Britons out of work by the summer, as the Treasury warns that the national lockdown will have a permanent impact of the economy.
The United Kingdom is facing an imminent food and medicine supply crisis, a leading trade association has warned, as nearly half of the nation’s freight lorries are out of service. The Road Haulage Association (RHA) has said that the British
A Brexit settlement which focuses only on economic considerations and fails to meet the needs of people will lead only to “division and despair”, the Archbishop of Canterbury has warned.
Britain’s economy is performing better than expected following the vote to leave the European Union (EU), the Bank of England has been forced to admit.
British businesses recovered some confidence about their prospects after a post-Brexit vote scare, but remained largely pessimistic about the economic outlook, a survey showed on Friday.
Retail sales have bounced back as good weather and summer sales outweigh concerns of the predicted ‘financial doom’ forecast by the Remain campaign’s ‘project fear’, giving way to a UK Brexit “feel good factor”.
LONDON – Britain’s economy picked up during a second quarter that concluded with the vote to leave the European Union, helped by the biggest upturn in industrial production since 1999, according to official data on Wednesday. Second-quarter gross domestic product grew
Nearly a month on from Britain’s historical vote to exit the European Union (EU), the Bank of England has admitted that the British economy shows no sign of slowing down, negating doom-laden forecasts made during the EU referendum campaign.
Switzerland has formally withdrawn her long-standing application to join the European Union (EU), as only “a few lunatics” now want to be involved with the bloc. The verdict comes just one week before Britons go to the polls to decide
British entrepreneurs are on track to start up a record number of businesses this year, ignoring the doom and gloom forecasts from pro-Remain economists in the run up to the EU referendum. 91,618 new businesses have been formed in the
The campaign for Britain to leave the European Union (EU) must make the economic case for Brexit if it is to stand a chance of winning the upcoming referendum on British membership, researchers have found. Analysing British feeling on the EU,
British annual inflation fell back to zero in August after oil prices recorded their biggest fall since the start of the year, ensuring price growth remained far slower than the Bank of England’s target. Consumer prices rose 0.2 percent on
Early this morning Greek MPs voted in favour of a second set of EU imposed austerity measures which will enable an €86 billion (£59 billion) European Union bailout. The reforms include an overhaul of the judiciary system and changes to
Two Labour donors have waded into the ongoing conflict between the Labour party and the business community, criticising Labour leader Ed Miliband for his “unnecessary” assault on commercial enterprise, and warning that the stock market will tumble if Labour win the general