Britain’s national debt skyrocketed by an eye-watering £186 billion during Labour’s first year in power, an analysis has shown. From the end of July 2024 to the end of last month, the UK’s national debt increased from £2.53 trillion to £2.71 trillion, according to an analysis of official figures. It means the Labour Government put BritainContinue reading “Britain’s Debt Soars Under Labour”
Tag Archives: GDP
Reeves’s Plan To Cut Welfare Triggers A Labour Revolt
Keir Starmer is facing a rebellion over plans to axe £5 billion from welfare as the government scrambles to balance the books. Labour MPs have been warned of ‘deep concern’ over ‘draconian’ curbs, and details are expected to be announced as soon as tomorrow. Liz Kendall is set to declare that workers who lose their jobsContinue reading “Reeves’s Plan To Cut Welfare Triggers A Labour Revolt”
Labour Voters Hate Starmer More Than Thatcher
According to a poll, even Labour’s own supporters believe that Keir Starmer is proving to be a worse prime minister than Margaret Thatcher. More in Common’s research provided more proof that Sir Keir’s start in No. 10 has left the British people utterly disappointed. Questioned who has been the best premier in the past 40Continue reading “Labour Voters Hate Starmer More Than Thatcher”
UK economy Is ‘Turning A Corner’, Says Rishi Sunak
Britain is out of recession after official figures showed the economy ‘going gangbusters’ in the first quarter of the year. The GDP rebounded from its decline at the end of 2023 and increased by 0.6% in the first three months of 2024, quicker than anticipated. A recession is defined as two consecutive quarters of contraction.Continue reading “UK economy Is ‘Turning A Corner’, Says Rishi Sunak”
As Costs Rise 7 Percent In March, Inflation Reaches Its Highest Level In 30 Years
Chancellor Rishi Sunak is facing more financial pressure after the rate of inflation skyrocketed to a 30 year high. The Office for National Statistics said that the rate of Consumer Prices Index inflation grew to 7 per cent in March from 6.2 per cent in February. The rise was higher than the 6.7 per centContinue reading “As Costs Rise 7 Percent In March, Inflation Reaches Its Highest Level In 30 Years”