Economy

NI Protocol: UK majority backs negotiated deal with EU and 74% of NI say economy has been negatively affected by Brexit

NI Protocol: UK majority backs negotiated deal with EU and 74% of NI say economy has been negatively affected by Brexit

A majority of people in the UK favor a negotiated settlement to settle the Northern Ireland Protocol issue, according to a new poll from the Tony Blair Institute. According to the Future of Britain project, 55% of respondents were in favor of working with the European Union to resolve issues around the protocol and 58% …

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China's low growth era |  FinancialTimes

China’s low growth era | FinancialTimes

If the UK hadn’t been an inadvertent “dead cat” attracting market attention lately, we think more people would be panicking about China. Fortunately, BlackRock has us covered. As China’s 20th Communist Party Conference gets under way, authorities delayed the release of third-quarter GDP data – economists believe annual growth will slow to a new three-decade …

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The world has a choice: act decisively now or face a broader conflict with Russia | Vladyslav Vasiuk

Last week saw the last grim act of Russia’s war crimes saga. Missiles rained down indiscriminately on civilian areas across Ukraine two days after a massive explosion at a symbolic bridge built to link Russia’s annexed Crimean peninsula. In Zaporizhzhia, in the southeast, 12 Russian rockets partially destroyed a nine-story tower and flattened five other …

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Thanks Jeremy Hunt.  This is what the base skill looks like

Thanks Jeremy Hunt. This is what the base skill looks like

Hunt must have made his statement so soon after taking office because he knows calming the markets is paramount. The interest rate cut will have a huge positive impact on how much the Office of Budget Responsibility dips into its calculators ahead of the full statement on October 31 and determine how spooky its Halloween …

Thanks Jeremy Hunt. This is what the base skill looks like Read More »

Following its Faustian pact to maintain Stage Three tax cuts, Labor should stick to the fable and find salvation | Peter Lewis

The radical plan to flatten Australia’s progressive tax system is the bastard child of grassroots politics, the Faustian pact entered into by Labor in its ruthless determination to seize power. It was Scott Morrison’s basic division-by-design policy that summoned this brutal attack on egalitarianism, removing an entire scale of taxation so that people earning $200,000 …

Following its Faustian pact to maintain Stage Three tax cuts, Labor should stick to the fable and find salvation | Peter Lewis Read More »

Hunt still has a budget hole to plug, but Britain's fabric is unraveling

Hunt still has a budget hole to plug, but Britain’s fabric is unraveling

When British Prime Minister Liz Truss was interviewed on local radio last month, she was asked about a hospital so run down its roof is held up by thousands of wooden and steel fittings. Truss, whose own constituency is near Norfolk Hospital, said she could not make any promises but would lobby the issue “as …

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France plays bad cop as transatlantic trade tensions escalate - POLITICO

France plays bad cop as transatlantic trade tensions escalate – POLITICO

Press play to listen to this article PARIS – US President Joe Biden must be careful; France is resuming its traditional role as Europe’s troublemaker on the transatlantic trade front. It had seemed the bad blood between Brussels and Washington was easing under Biden’s watch. Facing a common enemy in China, the EU and the …

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UK workers will suffer 20 years of lost wage growth, says TUC chief

UK workers will suffer 20 years of lost wage growth, says TUC chief

British workers are on the verge of suffering two decades of lost wage growth, the leader of Britain’s trade union movement said on Tuesday, while warning the government not to attack the right to strike. Frances O’Grady, speaking in Brighton at the annual Trades Union Congress rally, will accuse the Tories of overseeing the ‘longest …

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