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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Petrol prices fall to lowest level in two years
admin, , Business, 0
The RAC, which has criticised supermarkets and petrol retailers over pricing, said petrol falling to £1.43 on average –...
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Clintons boss: Supermarkets selling greeting cards ‘grossly unfair’
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But those deemed essential can continue to sell non-essential items if they are stocked on their aisles.
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US hints at September interest rate cut
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The US central bank is moving closer to lowering borrowing costs for the first time in more than four...
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Energy saving to return to prevent winter blackouts
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Alongside maintaining its energy-saving scheme for households to get discounts on bills, it said it was holding discussions about...
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HS2: Government refuses to guarantee Manchester branch
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“What we are going to end up with here is in the southern half of the country, a modern,...
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Covid: Rapid tests could help reopen nightclubs, PM suggests
admin, , Business, 0
“Finally we have some acknowledgement from the prime minister and government on the existence of late night economy businesses,...
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Mortgage rates soar to cusp of mini-budget peak
admin, , Business, 0
The recent rises in mortgage costs are also likely to have a knock-on effect on renters who could face...
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‘Satan Shoes’ to be recalled as Nike agrees to settle lawsuit
admin, , Business, 0
The song features the rapper, who came out as gay in 2019, celebrating his sexuality and rejecting attempts to...
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