Economics
UK economic growth slows sharply in October with difficult year ahead as Brexit deadline looms large
The British Chambers of Commerce (BCC) warned over a difficult year-end for the economy, with the December 31 Brexit deadline also looming large.
Spending Review: ‘Real terms cut for the very people who have carried us through this pandemic’
“There won’t be a ‘pause’ in how much rent, mortgages, food and transport costs.
Long-term economic damage from no-deal Brexit likely to be worse than pandemic, warns Bank of England
“The models would suggest that the effects of a WTO no-deal trade agreement are longer term."
$427bn lost annually to tax evasion as UK hands out billions in Covid bailouts to firms based offshore
"Our governments have programmed the global tax system to prioritise the desires of the wealthiest corporations and individuals over the needs of everybody else."
Eurozone growth soars by record 12.7% as IMF cuts growth predictions for UK
The European rebound was the largest increase since statistics started in 1995.
Squashing the sombrero of recovery? IMF cut UK growth due to Covid & Brexit
Experts at the body said the initial sharp economic rebound was also being hurt by rising unemployment and stress on corporate balance sheets.
World beating? UK is worst hit major economy now 21.8% smaller than late 2019
“It is clear that the UK is in the largest recession on record."
Repressionomics: Get ready for the new permanent austerity
Government and corporations will again balance the costs of a long-term stimulus on the backs of the poor
Government debt hits £2 trillion for the first time ever
Debt was more than 100 per cent of GDP for the first time in 59 years, the Office for National Statistics said.