A dramatic increase in new housing could boost the economy by billions of pounds, a former minister has said. Building 100,000 homes each year could add £17.7billion to the economy, think-tank Policy Exchange found. Tory former housing minister Brandon Lewis, who backed
Donald Trump delivered the “real” State of the Union address immediately after Joe Biden slammed Republicans in Congress for taking the economy “hostage”. The 45th President released a video response to his successor’s remarks on social media, berating Biden over illegal immigration,
Joe Biden will ignore pressure from the Republic Party to adopt a hard stance against Chinese hostility to focus his State of the Union speech on the economy, a political PR expert forecast. The President has been under the spotlight in recent
The debt ceiling will “worsen” America’s economy the longer talks rage on, an expert warned. After hitting the $31.4 trillion debt limit in January, the Biden administration and House Republicans have been at loggerheads as the GOP attempt to secure spending cuts.
Rishi Sunak and Jeremy Hunt are under fresh pressure to slash taxes after the International Monetary Fund (IMF) warned Britain’s economy will see the worst performance of all the advanced nations this year. Conservative MPs have renewed calls for tax cuts following
Teachers, rail workers, and civil servants are all taking part in industrial action to protest pay and working conditions. It comes as firefighters have voted to strike for the first time since 2003 after real-terms earnings “drop by 12 percent”, accusing Sunak
A space ship is being sent to study an asteroid that could be worth 75,000 times more than the entire global economy. The rock, named 16 Psyche, is 140 miles wide, 230 million miles away and potentially has a core of iron,
Germany’s economy shrank by 0.2 percent in the fourth quarter compared with the previous three-month period, official figures showed Monday. Gross domestic product shrank for the first time since the first quarter of 2021 largely because of a decline in consumer spending,
A new poll has suggested Brexit has damaged the UK’s economy, trade, public services and place in the world, as the country approaches the third anniversary of leaving the EU. The BMG survey was conducted for i and suggested that the voters
Jeremy Hunt has pledged to boost business in the interests of Britain’s “long-term prosperity”, adding that tax cuts for businesses should be prioritised over those for workers. Speaking to The Times, Mr Hunt said that “his focus was to reduce the burden