UK economy

Green agenda policies are driving up inflation, raising costs and depressing economic growth, a top advisor to the Bank of England admitted.

Nigel Farage has been asked to provide evidence to the banking regulator as it expands its investigation into politically-inspired debanking.

“Without significantly slowing down the population growth driven by sky-high net migration, the housing crisis will never be resolved.”

Britain on Sunday officially joined an Asia-Pacific trade group that includes Japan and 10 other nations during a meeting in New Zealand.

A trial of universal basic income will be trialled for the first time in England where 30 people will be given a strings-free monthly stipend.

Net zero taxes on groceries will increase food bills for the British public by an estimated £4 billion per year, retailers have warned.

The Conservative Party betrayed the people on migration by bending the knee to globalist business interests, the Bow Group chairman said.

The cost of living crisis in the United Kingdom has seen nearly three-quarters of a million Britons miss a housing payment last month.

The public should “accept that they’re worse off” than they were a year ago amid rampant inflation, an ivory tower Bank of England boss said.

Food prices in Britain hit their highest level in 45 years amid continued double-digit inflation, while wages fell yet again in real terms.

The UK unvieled plans to encourage over a million more women to enter the workforce, as the Tories continue to value labour over motherhood.

Millions of UK taxpayers face being placed in higher tax brackets as a result of the fiscal drag caused by the “deep freeze” on tax bands.

The Silicon Valley Bank fallout went international with UK and European lenders seeing nearly £30 billion wiped off their portfolios

Homelessness in England has risen by over a quarter over last year as thousands of migrants are put up in hotels at taxpayer expense.

British Gas employed debt collecting contractors who broke into the homes of vulnerable people to install prepayment meters.

A swelling state means dependency on handouts is at the highest level ever, with 54% of UK households ‘putting in’ less than they get out.

Food inflation in Britain hit its highest rate in history in December, as Christmas spending soared while consumers actually took home less.

Rishi Sunak drew criticism for his first major speech of the new year, in which he laid out his vision for a “better future” for Britain.

Britain is facing an impending divorce boom next year after the introduction of no-fault divorce and as wages and housing prices plummet.

Under the so-called Conservative Party, the British public saw their tax burden rise at the second-highest rate among G7 nations in 2021.

Two million British workers face the prospect of paying 60 per cent of their income to the government in taxes as a result of the latest round of hikes by the supposedly conservative government which is also splashing out billions more on state employees’ pensions.

The government has no plans to reduce migration to the tens of thousands, claiming further waves of foreigners are needed for the economy.

Real wages in Britain are not expected to return to 2008 levels until 2027 due in part to the financial mismanagement of the Tory government.

An investigation from a British newspaper has found the government has wasted at least £14 billion on frivolous expenditures.

Real household disposable income is likely to fall by over seven per cent over the next two years in Britain, despite claims from finance minister Jeremy Hunt that his budget will bolster the economy.

Rishi Sunak has apparently resigned himself to the reality that a post-Brexit trade deal with the U.S. under Biden is likely not forthcoming,

Britain’s finance minister said that Britons must “face into the storm” as he announced a swath of new taxes and spending cuts, supposedly to shore up the nation’s finances while somehow still stimulating growth, as the country faces the prospect of the longest recession in recorded history.

Prime Minister Rishi Sunak is reportedly preparing to introduce a “growth visa” to bring in more workers to Britain.

Britain’s Treasury chief Jeremy Hunt warned of spending cuts and tax increases for cash-strapped Britons despite a looming recession.

Britain may have already entered a recession as the latest economic figures showed that the economy contracted in the reporting quarter between July and September.

The Bank of England predicted the UK will experience the longest recession in recorded history on Thursday as it raised interest rates again.

The British public will reportedly be on the hook for another £25 billion in tax hikes in Chancellor Jeremy Hunt’s budget next month, as the tax burden is set to hit its highest level since the 1940s.

The UK will construct its first nuclear fusion power plant in a bid to provide “a beacon of bountiful, green energy,” said Jacob Rees-Mogg.

The looming recession set to befall the United Kingdom by the winter will last until at least 2024, according to analysts at Goldman Sachs.

The right-populist Reform Party, formerly the Brexit Party, wants “wartime” measures to stabilise the energy crisis, calling on the government to “take control of UK energy production pricing” in order to bring down prices for consumers.

Britain’s inflation rate rose to a new 40-year high of 10.1% in July, a faster pace than in the U.S. and Europe.