Business and Economics
Business and Economics News
UK manufacturing sector shrinks for 17th month in a row as European demand wanes
Job losses were also recorded for the 15th month in a row, as more firms made redundancies or initiated hiring freezes to control costs
Brexit changes on imported animals, food and flowers coming on 31 January 2024
Importers have been warned to expect "significant upheaval" in the New Year.
Recession looms as UK economy underperforms in last two quarters
“Rishi Sunak failed to beat Liz Truss, he failed to cut waiting lists, he failed to stop the boats and now he has failed to grow the economy", Rachel Reeves said.
Sunak’s pledge to reduce debt in dire straits – ONS figures show
The Government has borrowed over £24 billion more so far this financial year compared with a year ago.
The Smell Of Hypocrisy In Dubai
Professor Marc Chesney of the University of Zurich says that the foul stench oil, gas, and coal emanated from global climate summit COP28.
UK economy contracted faster than expected in October
Shadow chancellor Rachel Reeves said that the data shows that the Prime Minister was not growing the economy.
Michelle Mone admits ‘error’ in denying links to PPE firm
The Tory peer has launched a public fightback to allegations surrounding the multimillion-pound contract.
Somerset Capital to close after losing $2.5 billion of assets
The investment management firm had $10 billion in assets under management at its peak in 2018. That has since fallen off a cliff.
Jess Phillips dismantles Tory MP’s attempt to discredit Labour’s economic policy
"I'm not going to take advice from someone who voted for Liz Truss on the economy."