OTTAWA - Statistics Canada says real gross domestic product rose 0.2 per cent in February. The growth followed a 0.5 per cent gain in January. Looking ahead, Statistics Canada says its advance estimate for March indicated that real GDP was essentially unchanged for the month. The economic expansion in February came as services-producing industries increased 0.2 per cent helped by gains in transportation and warehousing. Statistics Canada says goods-producing industries were essentially...
The Prime Minister dismissed claims from Labour that his dramatic pledge to spend an extra £75 billion on defence by the end of the decade was not fully funded.
Damage to nature in the UK could contribute to a hit to the economy larger than the financial crisis or the Covid-19 pandemic, new research has shown.
PM pledges to put arms industry on ‘war footing’ with plan to raise defence budget to £87bn a year by 2030Britain will boost its defence spending to 2.5% of national output by the end of the decade as Rishi Sunak pledged to put the UK’s arms industry on a “war footing” in response to global threats.The prime minister’s plan, which he said would help the UK deal with an “increasingly dangerous” world, would steadily increase defence spending to £87bn a year by 2030. Continue reading
Justice Minister Helen McEntee revealed earlier this week 80% of recent asylum seekers have come to Ireland across the Northern Irish border
This ends a six-quarter period where GDP growth remained at 2% or higher. But the decrease may not be a cause for concern at this point.
The deterioration of the UK's natural environment could lead to an estimated 12% loss to GDP, according to new analysis. In comparison, the financial crisis of 2008 took around 5% off the value of the UK GDP, while the COVID-19 pandemic cost the UK up to 11% of its GDP in 2020.
Britain's new law allowing the deportation of undocumented asylum seekers to Rwanda is sparking fear among migrants who have come to France in the hope of crossing the Channel to England.Incredulity and trepidation spread in a makeshift camp at Loon-Plage, a town near Dunkirk on the northern French coast, where migrants were waiting for a chance to cross the water.Many said they realised that even if they reached their destination, they could quickly find themselves bundled onto a flight to...
The PM says billions of extra spending will put the UK's defence industry on a "war footing".
As part of Simply Business' "Best UK Cities for Small Businesses Index for 2024", London was listed as the best city in the UK to start a small business.Despite average monthly rent prices measuring around £2125, the capital's average earnings, start-up programmes and coworking spaces boosted it to the top.Leicester, Coventry and Doncaster followed closely behind London and were considered more affordable cities for small business entrepreneurs in the UK."Small businesses sit at the heart of our...
Ninety One UK Ltd boosted its stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 220.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,041,131 shares of the social networking company’s stock after purchasing an additional 715,918 shares during the period. Meta […]
NEW YORK (AP) — JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation. In an interview with The Associated Press at a Chase branch opening in The Bronx, Dimon said he remained “cautious” about the []