Monday, May 25, 2020
Newsnet needs your financial support
Subscribe

Tag: UK

The rich have benefited most from QE, admits Bank of England

By Andrew Barr The Bank of England has defended its quantitative easing (QE) policy despite mainly benefitting the wealthiest top 5 per cent of...

Osborne’s credibility ‘in tatters’ as calls for change in strategy increase

By Martin Kelly  UK Chancellor George Osborne’s economic credibility is “in tatters” according to the SNP’s Treasury Spokesperson Stewart Hosie. Mr Hosie was responding to...

UK and Ecuador in diplomatic stand-off over Wikileaks founder Assange

By a Newsnet reporter  The British Government and Ecuador have become embroiled in a major diplomatic spat over Wiki-leaks founder Julian Assange. The stand-off follows...

UK facing economic catastrophe as recession worsens

By Martin Kelly The UK is in the grip of the worst recession in half a century as figures released today show the economy...

Scottish jobs boost but IMF slashes UK economic forcast

By Martin Kelly  The number of Scots finding employment has risen again, according to a survey of recruiting agencies carried out by the Bank...

UK Construction falls sharply as Coalition urged to do more

By Martin Kelly The construction sector in the UK has contracted sharply over the last twelve months according to the latest official figures....

British recession worse than thought as figures revised downwards

By a Newsnet reporter  Official figures released by the Office for National Statistics (ONS) have revealed that the UK economy shrank by one third...

Setback for No campaign as poll shows Scots overwhelmingly reject Tory...

By a Newsnet reporter  The strength of feeling amongst Scots unhappy with a Conservative led UK Government has been revealed following a poll which...

Historic clean sweep for French President highlights weaknesses in UK energy...

By Bob Duncan Recently elected French President Francois Hollande tightened his grip on power yesterday as his anti-austerity Socialist party and its allies won...

UK Economy “deteriorating” as trade gap widens to worst for seven...

By Martin Kelly  The UK’s already weak economy is deteriorating according to a leading Business analyst as latest figures show that the trade gap...