What is clear is that, overall, investment spending of all kinds has been squeezed over the last decade. Under the last Labour government, capital spending as a proportion of the size of the economy, or GDP, rose from 0.3% in 1997 to 3% in 2010. Since then, however, it has fallen back to an average of 2% where it is set to remain.
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UK cost of living increases dip in September
admin, , Business, 0
According to the Office for National Statistics, the UK inflation rate fell slightly to 3.1% in September.
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Federal Reserve signals interest rate cuts next year
admin, , Business, 0
“This gives real credence to the view that thinks inflation is under control and believes that policy is...
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Fujitsu: MPs seek details on public sector contracts with IT firm
admin, , Business, 0
The letter, which calls for a reply within a fortnight, asks about the value of any contracts, whether they...
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Chancellor must do more to help poorest households, charity says
admin, , Business, 0
One of them, former housing minister Robert Jenrick said: “I think household incomes are entering a storm and they...
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Cisco says computer chip shortage to last six months
admin, , Business, 0
That is why Mr Robbins says: “What we don’t want is to have consolidation where any of the risks...
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Marmite maker Unilever to cut 1,500 jobs worldwide
admin, , Business, 0
Unilever’s 80 brands are currently divided into three divisions: Beauty & Personal Care, Food & Refreshment, Home Care. The...
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Nutmeg co-founder Nick Hungerford sets up charity for bereaved children
admin, , Business, 0
Mr Hungerford has Ewing sarcoma, a rare form of bone cancer. He was first diagnosed in 2019 when he...
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Strategies to close the pandemic gender gap at work
admin, , Business, 0
Unemployment caused by the pandemic has disproportionately affected women and now as restrictions ease many are not returning to...
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