Economy Archives - Page 17 of 27

Sunak U-turns on furlough – 3 million workers still excluded; Bank of England’s (extra) £150bn to bolster UK economy

5 November 202019 January 2024Political Fiber0

Chancellor Rishi Sunak unveiled his fourth winter economic plan in six weeks by announcing the extension of the furlough scheme until March. It means the government will pay 80% of workers’ wages with companies paying national insurance and pension contributions. Support for self-employed had also been extended and the amount increased from previous Treasury statements. […]

England under four week lockdown from Thursday to save the NHS

31 October 202019 January 2024Political Fiber0

Boris Johnson will impose a national lockdown on England on Thursday to save the NHS from the second wave of coronavirus advancing through the country. Announcing the new lockdown which will last until at least December 2, Johnson said: “We must act now to contain this autumn surge”. The prime minister was warned the health […]

Covid war of words escalates between ‘North and South’ as letter splits Tories

18 October 202019 January 2024Joe Cahal0

Northern Tory MPs have hit out at a letter by 20 of their southern Conservative colleagues – pushing for Manchester to accept tighter Covid restrictions – as “ill advised”. Labour mayor of Greater Manchester Andy Burnham also hit back at what he called an “I’m alright Jack” letter signed by a score of Tory MPs […]

Chancellor’s jobs support scheme is ‘a start, but not enough’

9 October 202019 January 2024Joe Cahal0

Business leaders, metro mayors and northern politicians have given a mixed reaction to Rishi Sunak’s announcement that the government will pay 67% of wages for staff in businesses forced to shut because of Covid-19 restrictions. The chancellor described the expanded jobs support scheme as a safety net to protect jobs over a difficult winter period […]

PM’s Brexit ‘climbdown’ is not enough says EU, as Biden warns UK on Good Friday Agreement

17 September 202019 January 2024Political Fiber0

Boris Johnson’s Brexit bill “climbdown” with MPs over his contentious internal markets bill is not enough for Europe or senior members of his party. EU trade commissioner Valdis Dombrovskis said the UK government must “correct” its position before talks on economic and political relations can continue, while the European Commission (EC) said their ultimatum for […]

Brexit – UK risks becoming ‘a disaster area with rocket boosters on’ says logistics industry

4 September 202019 January 2024Political Fiber0

The UK’s logistics industry has criticised the government’s lack of border planning for Brexit, saying the UK is “sleepwalking into a disaster” when the transition period ends on December 31. Eight logistics organisations have written to Michael Gove to raise their concerns about the lack of customs agents, IT systems and physical infrastructure being built […]

PM’s poll woe compounds Sunak’s tax bombshell shock

30 August 202019 January 2024Political Fiber0

The sound of Tory knives sharpening is echoing round Westminster, Whitehall and constituency Conservative Clubs following today’s double-whammy to the party’s fortunes and future. A new poll has revealed the government’s performance has seen a surge in support for the Labour party, while reports abound that the chancellor is set to explode a tax bombshell […]

Sturgeon v Johnson – no ‘intimidating’ people back to work in Scotland

28 August 202019 January 2024Political Fiber0

Nicola Sturgeon has rebuked the UK government’s plan to get people back to working in offices saying she will not “countenance” any intimidation to persuade them to do so. Boris Johnson is set to warn workers face losing their jobs if they continue to work from home with the government launching a PR blitz to […]

France on quarantine list is ‘devastating blow’ to travel industry ‘already reeling’

14 August 202019 January 2024Political Fiber0

British holidaymakers are facing a frantic rush to try and return from France before the deadline imposed by the government comes into effect requiring 14 days quarantine. Boris Johnson’s late decision to take France off the government’s “green list” of countries means up to 400,000 Briton’s have until 4am tomorrow (Saturday) to get back to […]

UK coronavirus recession – ONS figures show it’s the worst on record

12 August 202019 January 2024Political Fiber0

Although everyone knew that the UK economy suffered a significant blow because of the lockdown, few experts expected the UK coronavirus recession to be the worst on record. The latest ONS figures show that GDP is 17.2 per cent lower now than it was in February. A country is in recession if the economy shrinks […]

Economy

Sunak U-turns on furlough – 3 million workers still excluded; Bank of England’s (extra) £150bn to bolster UK economy

Covid war of words escalates between ‘North and South’ as letter splits Tories

Chancellor’s jobs support scheme is ‘a start, but not enough’

PM’s Brexit ‘climbdown’ is not enough says EU, as Biden warns UK on Good Friday Agreement

Brexit – UK risks becoming ‘a disaster area with rocket boosters on’ says logistics industry

PM’s poll woe compounds Sunak’s tax bombshell shock

Sturgeon v Johnson – no ‘intimidating’ people back to work in Scotland

France on quarantine list is ‘devastating blow’ to travel industry ‘already reeling’

UK coronavirus recession – ONS figures show it’s the worst on record

Iran Suspends Cooperation with UN Nuclear Watchdog Amid Rising Tensions

Perplexity AI Draws Interest from Apple and Meta

Childhood Vaccination Success at Risk: Study Warns of Global Setbacks

Qatar’s Crucial Role in Defusing Iran’s Missile Strike on US Base

Russia Masses 110,000 Troops Near Key Ukrainian Stronghold, Ukraine Warns

Israeli Forces Kill Palestinian Teen Amid Rising West Bank Tensions

What Has Trump Really Started?

Buy Now, Pay Later Loans to Impact Credit Scores with New FICO Model

Brazilian Nuns Wow the Internet with Beatboxing on Catholic TV

Gas Plant Expansion Threatens Ancient Rock Art in Western Australia