Boris Johnson pledges to create G7 rival to Beijing’s Belt and Road global economic expansionism

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

Venezuela’s economic crisis forces families to live in cemeteries as tomb raiders loot graves

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

Budget Spring 2021: Jeremy Corbyn accuses Rishi Sunak of stealing John McDonnell’s economic policies

Former Labour leader Jeremy Corbyn today accused Chancellor Rishi Sunak of stealing the economic policies of his hard-Left Shadow Chancellor John McDonnell for a radical Budget that will set Britain’s course for years. Mr Corbyn told the Commons many of Mr Sunak’s announcements, including furlough, the Green Industrial Revolution and the relocation of civil servants … Read more

Is Britain set for a boom after lockdown or an economic reckoning?

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

Coronavirus: France rejects a third lockdown, can’t justify ‘economic, social and human costs’

France rejects a third lockdown, saying the ‘economic, social and human’ cost cannot be justified – with an infection rate similar to UK which faces two more months of lockdown PM Jean Castex said French death rate in second wave is one of Europe’s lowest  He said low death tally was due to restrictions last … Read more

Countryside and oceans should be considered along with economic growth, major new report says 

Countryside and oceans should be considered along with economic growth in bid to protect nature, major new report says A 600-page review will be launched online  by Prince Charles and Sir David Author Professor Dasgupta argues that nature is a ‘blind spot’ in economics Review calls for humanity to change food production and consumption By … Read more

Jack Ma is just ‘laying low’ and ‘not missing or detained’ after economic reform speech

Chinese billionaire Jack Ma is not missing, and is just laying low, sources have said, after he vanished following a speech about economic reform in the country. Ma founded Alibaba, Asia’s version of Amazon, with sources inside the company telling Fox Business that he is currently in hiding but is ‘not missing or detained’. One … Read more

What is economic abuse and how can it be prevented?

‘My ex-husband left me £58,000 in debt’: Lloyds Bank launches new tool to help prevent economic abuse and support victims In total, victims of economic abuse are forced into millions of pounds of debt Nearly half are left with priority debts – meaning they could lose their home A victim says she racked up £58k … Read more

Coronavirus UK: FTSE 100 falls after opening amid fears of further economic threats

More than £33billion was wiped off the FTSE 100 within minutes of opening today as panicked investors reacted to the devastating economic threat of a toughened lockdown, the new coronavirus strain and the continued Brexit deadlock. The index of Britain’s leading companies fell 1.8 per cent or 117 points to 6,410 shortly after opening in … Read more