UK economy

Support for the fledgling leftist Labour Party government’s handling of the economy has plunged amid growing concerns from the business sector that planned tax raids will threaten to derail promises of economic growth and the labour market.

Nearly ten thousand millionaires are predicted to flee the jurisdiction of the United Kingdom this year amid expected tax raids from the left-wing Labour Party government of Sir Keir Starmer.

British foreign aid is being directed to areas of the world that are wealthier than some sections of the UK, including to fund projects in China, a study found.

The new Labour Party government is set to slash winter energy benefits for around 10 million pensioners while preparing massive tax hikes to fund soaring spending

The Bank of England has admitted that mass migration is a chief factor in the increasing cost of rent in the country.

The farmer revolt against free trade policies and the green agenda descended upon London as a tractor convoy protested outside Parliament.

Britain agreed to a trade deal with Texas as the UK government continues its strategy of inking agreements with individual American states.

Prime Minister Rishi Sunak and Chancellor Jeremy Hunt are to blame for the UK falling into a recession, seven in ten Britons believe.

Tories claimed migration is good for the economy, yet after the largest wave of immigration to Britain ever, the economy is contracting. Mystifying.

The UK is set to become the only country in the G20 without the ability to make steel from raw materials as its largest plant goes “green”.

A stunning 8 in 10 Britons are dissatisfied with how Prime Minister Rishi Sunak’s government is running the country.

Green agenda policies are driving up inflation, raising costs and depressing economic growth, a top advisor to the Bank of England admitted.

Nigel Farage accused a UK banking regulator of a “whitewash” after it claimed there was no evidence of political debanking in the country.

Nigel Farage has been asked to provide evidence to the banking regulator as it expands its investigation into politically-inspired debanking.

“Without significantly slowing down the population growth driven by sky-high net migration, the housing crisis will never be resolved.”

Britain on Sunday officially joined an Asia-Pacific trade group that includes Japan and 10 other nations during a meeting in New Zealand.

The massive spending sprees and money printing schemes during the lockdowns is the central cause of inflation, a top central banker admitted.

A trial of universal basic income will be trialled for the first time in England where 30 people will be given a strings-free monthly stipend.

Net zero taxes on groceries will increase food bills for the British public by an estimated £4 billion per year, retailers have warned.

The Conservative Party betrayed the people on migration by bending the knee to globalist business interests, the Bow Group chairman said.

Millions more Britons will have to pay the tax rate meant for the wealthy by Prime Minister Rishi Sunak’s poorly-named Conservative Party.

The cost of living crisis in the United Kingdom has seen nearly three-quarters of a million Britons miss a housing payment last month.

The public should “accept that they’re worse off” than they were a year ago amid rampant inflation, an ivory tower Bank of England boss said.

Food prices in Britain hit their highest level in 45 years amid continued double-digit inflation, while wages fell yet again in real terms.

The UK unvieled plans to encourage over a million more women to enter the workforce, as the Tories continue to value labour over motherhood.

Millions of UK taxpayers face being placed in higher tax brackets as a result of the fiscal drag caused by the “deep freeze” on tax bands.

The Silicon Valley Bank fallout went international with UK and European lenders seeing nearly £30 billion wiped off their portfolios

Homelessness in England has risen by over a quarter over last year as thousands of migrants are put up in hotels at taxpayer expense.

British Gas employed debt collecting contractors who broke into the homes of vulnerable people to install prepayment meters.

A swelling state means dependency on handouts is at the highest level ever, with 54% of UK households ‘putting in’ less than they get out.

Food inflation in Britain hit its highest rate in history in December, as Christmas spending soared while consumers actually took home less.

Rishi Sunak drew criticism for his first major speech of the new year, in which he laid out his vision for a “better future” for Britain.

Britain is facing an impending divorce boom next year after the introduction of no-fault divorce and as wages and housing prices plummet.

Under the so-called Conservative Party, the British public saw their tax burden rise at the second-highest rate among G7 nations in 2021.

Two million British workers face the prospect of paying 60 per cent of their income to the government in taxes as a result of the latest round of hikes by the supposedly conservative government which is also splashing out billions more on state employees’ pensions.

The government has no plans to reduce migration to the tens of thousands, claiming further waves of foreigners are needed for the economy.