A Conservative shadow minister warned the UK could "fall further behind" on growth targets following the Chancellor's "desperate" attempts to save the economy.
A dossier on Lord Peter Mandelson's links to China has been passed to the FBI, casting further doubt over his impending confirmation as Sir Keir Starmer's US ambassador. Mandelson's file, put together by the Inter-Parliamentary Alliance on China,
Britain's Labour government has characterized its China policy under the catchy slogan of the three Cs, for “cooperate, challenge and compete.” It may soon need to add a fourth C: for “cave.”
US senators reportedly deliver file that could further reduce Labour peer’s chances of being accepted as ambassador by Donald Trump
Purpose of Wang’s visit was to hold a Britain-China strategic dialogue for the first time since 2018. Read more at straitstimes.com.
A top Tory says Britons need a better work ethic if the UK is to compete globally with nations like India, China and South Korea.
Both the US and UK have said they are open to a trade deal, but just how close such trading relations will be remains to be seen
Labour has accused the Conservatives of showing “some real brass neck” after a shadow minister said Britain needed a better “work ethic”. Asked whether he thought Britain was missing “a belief in hard work”, shadow home secretary Chris Philp told the BBC’s Political Thinking podcast: “I do a bit.”
It has been a wild January for Rachel Reeves and frankly for economics in the UK and the world.When Labour swept to victory last summer, Reeves pledged she would be an "iron" chancellor, reining in public spending and improving the lives of working people through growing the economy.
It comes after the National Audit Office warned the Home Office had ‘historically underspent’ funding allocated to tackle the issue.
The Economic Survey indicated that India's export growth would face challenges due to global economic uncertainties, particularly in Europe and China. It emphasised that domestic growth levers will play a more critical role for India moving forward,
Economists and analysts are getting excited about a rate cut but inflation risks, and lack of any credible economic agenda, will likely leave them disappointed.