Britain Ranks Last in G7 List for Business Investment: Think Tank

Published on June 18, 2024

Britain has the lowest rates of investment, including both businesses and government, of any G7 nation, a think tank has reported. The analysis by the Institute for Public Policy Research (IPPR) has said that without new investment, it’s hard to see how UK economic performance can improve. The report comes amid a sluggish recovery by the UK economy from a technical recession it entered at the end of last year. April saw the UK economy flatline, with drops in construction and production. The IPPR analysed UK’s business investment data for 2022 and compared it to other G7 countries. In 2022, rising costs, weaker trade and increased uncertainty took its toll on the economy....

Continue reading on website
Other news

Biden Announces Protection Against Deportation for Some Illegal Immigrants

June 18, 2024
President Joe Biden on June 18 announced that his administration will not deport many illegal immigrants who are married to U.S. citizens or whose parent is married to a U.S. citizen.Approximately 500,000 spouses of U.S. citizens, as well as about 50,000 children, will be shielded from deportation and given the ability to gain legal status without leaving the United States, the White House said.Th

CCP Dismantling ‘One Country, Two Systems’ in Hong Kong: Vice President of EU Commission

June 18, 2024
The European Union has spoken out about the deterioration of Hong Kong’s freedom and autonomy, with European Commission Vice-President Josep Borrell saying that Beijing is “dismantling” its promise of a “one country, two systems” principle in Hong Kong.The principle, legally binding under the Sino-British Joint Declaration, states that Hong Kong is part of China but retains its own systems and way