Social housing pledge a “non-announcement”

Theresa May's social housing pledge has been dubbed a non-announcement by the former Transport Secretary Andrew Adonis.  The government's £2 billion pledge was ridiculed on Twitter this morning after it got a warm reception from the mainstream media. Despite giving just a tenth of what Scotland is spending on social housing pro rata the PM still declared that the government's scheme is a big step removing the "stigma" of social housing. May, along with most other news outlets, failed to mention...

EU workers contribute £2,300 more in taxes than the average Brit

Migrant workers from the European Union contribute £2,300 more in taxes than the average Brit, a government commissioned study has revealed. New research carried out by the Migration Advisory Committee on behalf of the Home Office found EU migrant workers pay in £78,000 more than they take out in public services and benefits over their lifetime. Immigration was a key part of the campaign to leave the bloc, with many dubious claims made over the impact it has had on the...

‘Substantial costs’ to UK economy if no deal agreed on Brexit, warns IMF

The IMF had a stark warning to the UK ahead of the final Brexit negotiations. They said that a no-deal Brexit would inflict “substantial costs” to the UK economy. The IMF expects Britain's economy to grow by 1.5% in both 2018 and 2019 if a broad Brexit agreement is struck. However, any Brexit would “entail costs,” but a no deal scenario would be a “significantly worse outcome.” Christine Lagarde, the IMF's managing director, told a news conference in London: "Those...

4.5 million UK children are living in poverty

A shocking new study has discovered that over 14 million people, 4.5 million of them children, and living in poverty. The investigation also discovered that 12% of the total UK population is in “persistent” poverty, having spent all or most of the last four years below the breadline. The statistics, by Social Metrics Commission, have been gathered from a new measure to calculate social disadvantage. The commission includes experts from academia, and from organisations such as the Joseph Rowntree Foundation,...

Economy is slowing to a “snail’s pace” due to Brexit

Economists at the British Chambers of Commerce (BCC) say growth will slow to 1.1 per cent this year. The influential business lobby group is also highly concerned of the impact of a no-deal Brexit. Shockingly, this would be the slowest rate of growth since the global financial crisis of 2009. The previous prediction was 1.3 per cent, still a sluggish growth rate for the UK economy. Adam Marshall, the group’s director general, said the UK economy is slowing to a...

Page 1472 of 1678 1 1,471 1,472 1,473 1,678
-->