UK economy - Page 3

The inflation rate in Britain has hit the highest level in a decade as the cost of living has soared as a result of rising energy prices.

Britain and other Western nations should welcome declining populations and ageing demographics as it will help them meet climate change goals, the former chairman of the Financial Services Authority (FSA) has argued.

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.

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 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.

Prime Minister Boris Johnson will look to seek “deeper trade links” with China, according to the government’s ‘Global Britain’ policy paper.

Chancellor Rishi Sunak is planning on marshalling a global effort among industrialised nations to introduce a so-called ‘Amazon tax’.

The economic future of Brexit Britain has defied doomsday Remainer warnings yet again, as some 1,000 financial firms in the European Union are planning to open up offices in the UK and London has been declared as the top city

Prime Minister Boris Johnson is reportedly leading a push to begin trade talks with the Chinese Communist Party (CCP) despite objections from backbench Tory MPs that Britain should not have closer economic ties with the allegedly genocidal regime in Beijing.

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.

Great Britain has retaken its position at the world’s fifth-largest economy, overtaking India, and is expected to massively outpace France in the coming years as it finally frees itself from the European Union.

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.

Migration Watch UK condemned Prime Minister Boris Johnson’s plan to open up the jobs of millions of British workers to global competition.

A group of 80 Tory MPs are backing an amendment to the UK’s coronavirus regulations in order to prevent Boris Johnson from imposing “Orwellian” restrictions by decree and return the governance of the UK to the Houses of Parliament. The

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.

An agri-business advertising for jobs under the government’s ‘Pick For Britain’ farm job scheme for furloughed workers required applicants to speak a foreign language to pick vegetables and fruit.

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.

In the three months leading up to the financial crisis caused by the Chinese coronavirus, the number of foreign-born workers in the United Kingdom reached a record high.

The first quarter of the year saw a 2 per cent fall in GDP in the UK, the worst fall since the final quarter of 2008.