Tax Hikes or Cuts Loom
Families across the UK may soon face up to £40 billion in tax hikes or severe spending cuts over the next decade, according to a warning from the Office for Budget Responsibility (OBR).
Prime Minister Sir Keir Starmer&n...
Reeves’ Bold Fiscal Move
Rachel Reeves is reportedly taking inspiration from the European Union as she seeks ways to navigate strict fiscal rules on national debt to increase public spending, according to UK banking expert Bob Lyddon.
Chancel...
Развенчание мифа о красивых глазах
Известный математик доктор Ханна Фрай недавно привлекла внимание своим опровержением онлайн-троллю, который предположил, что ее взгляды были признаны только благодаря ее «привлекательным глазам» .
39-л...
Winter Recession Warning
Euro zone factories closed 2023 with an 18th consecutive month of contraction, per HCOB's final PMI (44.4, up from 44.2 in November). Persistent decline below 50 indicates ongoing economic chall...
HS2 Fate Hangs in the Balance
Chancellor Jeremy Hunt has unveiled his strategy to streamline the civil service, aiming to save £1 billion annually and potentially reduce taxes. Although significant tax cuts are not expected ...
Brexit's economic shortfall
Nigel Farage, a prominent Brexiteer, acknowledges that Brexit has not met expectations. He criticizes the government's inability to capitalize on the advantages of leaving the EU. The Conservative Party's row over immigra...
UK aid cuts
Former British Prime Minister David Cameron has reversed his position on foreign aid cuts, arguing that the need for investment in developing countries is greater than ever.
In...
FTSE 100 hits record high again
The London Stock Exchange's FTSE 100 Index, which is based on the stocks of the 100 largest-cap companies, reached a record high of 7,926 points on Wednesday.
That figure beat the previous record, which was set on Fe...
The UK economy
Britain's exit from the European Union (Brexit) is costing the economy £100 billion annually due to lost investment, loss of staff and income from trade. This was ...
GPD in Q3
The UK economy contracted by 0.3% in the third quarter instead of the expected 0.2%. This is evidenced by a report released Thursday by the Office for National Statistics (ONS) of the ...
UK GDP
The United Kingdom's exit from the European Union (Brexit) has cost the UK £33bn in lost investment and trade revenue by June 2022. That is the conclusion contained in a study published on Wednesday by the Centr...
UK interest rates
The Bank of England has raised its rate for the ninth consecutive time, by 50 basis points, to 3.5 per cent per annum, according to a statement on the regulator's website.
"The Bank of England's Monetary Policy Committee (MPC) vot...
Economy of UK
UK GDP, according to preliminary estimates, declined by 0.2% between July and September 2022. This is stated in a report from the Office for National Statistics (ONS) of the United Kingdom.
The drop in GDP in the country was not as no...
After two months of decline
The United Kingdom's GDP showed growth of 0.5 per cent in May after falling for two months in a row, according to a report released Wednesday by the United Kingdom's National Statistics Service. This is stated in a report...
Britain's GDP in the future
UK public debt could reach 320% of GDP in 50 years, up from the current 96%. This is according to a report circulated by the Office for Budget Responsibility (OBR) on Thursday.
The United Kingdom's debt burden will incre...
Fuel price rises and GDP falls
UK GDP fell by 0.3 per cent in April 2022 on the back of rising energy prices. This is according to data released by the Office for National Statistics on Monday.
The figure was worse than most eco...
UK economy
The British government's response to the country's difficult economic situation will be to cut taxes, reduce the number of officials and expand housing stock. British Prime Minister Boris Johnson said this on Thursday during a speech in B...
The UK faces a triple threat of “potentially catastrophic” risks to its economy in the coming years, according to the Office for Budget Responsibility (OBR).
Britain’s fiscal watchdog said coronavirus, the climate cr...
Companies rating
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