Nicola Sturgeon has axed her blundering deputy John Swinney from his education brief in a reshuffle that prepares the ground for a new independence push – by putting him in charge of Scotland’s recovery from Covid. Mr Swinney, who presided over disasters including last year’s exams chaos and faced two votes of no confidence, has been … Read more
Savers who stashed away extra cash totalling around £150billion during the pandemic look set to turbocharge the economy during the rest of 2021, City experts said after analysing the Bank of England’s new forecasts. Laith Khalaf, an analyst at AJ Bell, said: ‘The Bank of England is expecting a consumer spending spree to fuel an … Read more
Britain’s economic revival will be built on steel, says Make UK chief exec STEPHEN PHIPSON By Stephen Phipson Make Uk Chief Executive Published: 23:42 BST, 4 May 2021 | Updated: 23:55 BST, 4 May 2021 Why does steel hold such an important attachment in the public eye in a way that other industries and sectors … Read more
Boris Johnson pledges to create G7 rival to Beijing’s Belt and Road global economic expansionism Prime Minister addressed five MPs and Lords hit by sanctions from China Said world needed to be given a choice between the Chinese system ‘and ours’ US diplomat Henry Kissinger has said US will have to reach an understanding with … Read more
Boris Johnson pledges to create G7 rival to Beijing’s Belt and Road global economic expansionism Prime Minister addressed five MPs and Lords hit by sanctions from China Said world needed to be given a choice between the Chinese system ‘and ours’ US diplomat Henry Kissinger has said US will have to reach an understanding with … Read more
With nowhere to live, families in Venezuela have been forced to live in a cemetery, where their children beg for money and looters dig up graves around them. In the south of Caracas, Venezuela’s capital, more and more families are calling the Southern General cemetery home. Among them are Jendry, 11, and his sister Wineisis, … Read more
Rishi Sunak today stoked hopes a £180billion consumer boom will fuel the UK’s recovery – but admitted that fears of mass unemployment ‘keep me up at night’. The Chancelllor voiced optimism that a fast bounceback will fueled by the huge savings warchest built up by those who have kept working through the pandemic. But he … Read more
Jeremy Corbyn has accused Rishi Sunak of stealing the economic policies of his hard-Left Shadow Chancellor John McDonnell for his radical Budget. The former Labour leader said many of the Chancellor’s announcements, including furlough, the Green Industrial Revolution and the relocation of civil servants to the North, were policy proposals in Labour’s 2019 manifesto. Mr Corbyn, … Read more
Jeremy Corbyn has accused Rishi Sunak of stealing the economic policies of his hard-Left Shadow Chancellor John McDonnell for his radical Budget. The former Labour leader said many of the Chancellor’s announcements, including furlough, the Green Industrial Revolution and the relocation of civil servants to the North, were policy proposals in Labour’s 2019 manifesto. Mr Corbyn, … Read more
Is Britain set for a boom or an economic reckoning? I can rarely remember a time when views on what’s up next for the economy have been so polarised. The glass half empty view is that furlough, business grants and loans, ultra-loose monetary policy, a stamp duty holiday, and emergency cash splashed left right and … Read more