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Economics

  • Airbus claims US trade sanctions on its aircraft are excessive

    April 9, 2019

    Airbus has hit back against a move by the United States to impose trade sanctions on its aircraft which pushed the manufacturers shares down this morning. The US Trade Representative's office has said it is considering slapping tariffs on $11bn (£8.4bn) worth of goods from the European Union, including Airbus planes. Read more: Airbus shares soar [...]

  • ECB set to remain dovish

    April 9, 2019  |  City Talk

    The European Central Bank meets on Wednesday this week, not the usual Thursday. Don’t expect any fireworks from this outing for the Governing Council, however. A month ago we got a triple whammy of dovish moves with new stimulus, amended forward guidance and growth and inflation forecasts revised lower. Having already pushed back on rate [...]

  • The UK’s drug policy is falling behind the rest of the world

    April 9, 2019

    Every year, thousands of people die as a result of drug misuse in the UK. And for over two decades, heroin has been the main culprit. Communities are blighted, families are ripped apart, and vulnerable people are failed by an outdated approach. The situation in Scotland is particularly dire, with a fifth of the UK’s [...]

  • Government should choose outsourcing contracts based on the quality, not cost

    April 9, 2019

    If and when the Brexit debate ever ends, politicians will return to the challenge of improving domestic politics. And one of the main questions will be the role of private companies in delivering public services. Overall, the government spends almost £300bn per year – or around a third of its total budget – on partnerships [...]

  • Trump administration threatens tariffs on $11bn of EU goods including wine and aeroplanes

    April 9, 2019

    The US is considering slapping tariffs on $11bn (£8.4bn) worth of goods from the European Union including French cheese, sparkling wine, and helicopters, it said today. Read more: Trump asks China to lift tariffs on US agricultural exports The US Trade Representative said the proposed move would be in retaliation for EU subsidies to Airbus, [...]

  • Nigeria and India the fastest growing markets for UK exports in 2018

    April 9, 2019

    Nigeria and India were the top two fastest growing export destinations for UK goods in 2018 as Britain developed its trade links to non-European nations, new analysis has shown. Read more: UK service exports fall as Brexit and global economic slowdown bite UK exports to Nigeria grew by 27 per cent last year to £1.6bn, [...]

  • No-deal planning programme extended due to later Brexit date

    April 8, 2019

    The government has extended the deadline for companies to apply for an £8m scheme to help businesses prepare for Brexit, it said today. The programme was instituted in October 2018 to help businesses prepare for a no-deal scenario by training traders on how to meet customs requirements and helping fund IT costs, among other measures, [...]

  • UK inflation expectations remain at five-year high

    April 8, 2019

    The British public’s expectations of inflation for 2019 stayed at their highest level in five years, new Bank of England data revealed today. Read more: Inflation edges up from two-year low as food and alcohol prices rise Britons expect the inflation rate – the speed at which prices increase over time – to be at 3.2 per [...]

  • Tories must move to centre ground to win back young voters from labour, major study says

    April 8, 2019

    The Conservatives must move towards the centre ground to reclaim millions of young voters who currently support Labour, a major report released today has said. Read more: Tories are the party of 'economic destruction', say business leaders Senior Tory cabinet ministers and backbenchers have backed the call of centre-right think tank Onwards to make the [...]

  • US President Donald Trump says economy would ‘rocket’ if Fed cut rates

    April 5, 2019

    US President Donald Trump said the Federal Reserve should cut interest rates, saying the economy would take off “like a rocket ship” if they did. Speaking following the release of US jobs data which showed a strong rebound in hiring in March, Trump said the US central bank “really slowed us down”, CNBC reported. Trump [...]

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