By Guy Faulconbridge and William Schomberg © Reuters/POOL FILE PHOTO: Britain’s Chancellor of the Exchequer Rishi Sunak visits Octopus Energy, in London LONDON (Reuters) – Britain will prioritise trying to save jobs over tax rises while the COVID-19 pandemic batters the economy, though record borrowing and a $2.6 trillion debt […]
UKs
UK’s Johnson doesn’t want a no-deal Brexit but can live with it
LONDON (Reuters) – British Prime Minister Boris Johnson does not particularly wish for the Brexit transition period to end without a new trade deal in place but believes that Britain could live with such an outcome, he said on Sunday. With the Dec. 31 expiry of the transition period fast […]
Falling business investment scars UK’s long-term growth potential
Britain’s chances of a robust recovery after the pandemic have been dented by a much more severe deterioration in business investment over the past six months than in other countries. Companies slashed capital investment spending in the second quarter of the year, according to official figures, with more up-to-date data […]