Benefits bill soars as Britain’s debt pile surpasses GDP

The latest official figures reveal that Britain’s benefits bill has propelled public borrowing to record levels for the month of May, even outside of lockdown. This has resulted in the UK’s debt share surpassing the size of the economy for the first time since 1961. In May, the government borrowed £20 billion to bridge the …

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Banks demand Mark Zuckerberg’s compensation to British scam victims

Rocio Concha, a representative from consumer organization Which?, is urging the government to take action against online advertising fraud on popular social media sites and search engines. Concha emphasizes that the Online Safety Bill needs to provide effective safeguards to tackle this issue and must be passed into law without any delay. The rise of …

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Private investment in Britain lags significantly compared to the rest of the G7, resulting in the country being ensnared in a “growth doom loop”.

Investment is the fuel that powers a country’s economy, and unfortunately, the UK’s tank is running on empty. This scarcity of investment not only hampers economic growth but also perpetuates inequality and hinders progress towards net zero emissions and energy security. According to a recent report by the IPPR, the UK ranks last among the …

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Is Britain Lacking Ambition in the Pursuit of Energy Supply Security?

The creation of the UK’s Green Investment Bank (GIB) in 2012 was a smart and successful approach to driving the growth of the renewable energy industry. However, it was too small in scale. The GIB played a crucial role in attracting co-investment and private capital into early-stage renewables, fostering diversification and building confidence in emerging …

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New Chief Yaccarino Aims to Transform Twitter into a Reliable Data Source to Attract Advertisers

The new CEO is confronted with a challenging task of rebuilding trust among advertisers on Twitter. Major brands like Volkswagen, Balenciaga, Carlsberg, and Dyson have recently pulled their advertising campaigns from the platform, leading to a significant decline in Twitter’s US ad revenue. Internal figures show a 59% drop, with only $88 million generated from …

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A Comprehensive Traveler’s Handbook to Exploring the Cotswolds

Immerse yourself in the picturesque beauty of the Cotswolds, with its charming honey-stone villages, magnificent manor houses, and rolling hills that have been gently grazed by sheep. It’s a place that tugs at the heartstrings and beckons visitors for both short and extended stays. Spanning over 800 square miles, this enchanting region is intersected by …

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Putin’s Survival Relies Solely on a Constant State of War

Napoleon, a historical figure who embodied the principle of personal will, embraced his legacy with conviction. On the other hand, Wellington, in stark contrast, prioritized duty above all else, willingly risking his life on numerous battlefields. The deliberate cultivation of the Duke’s “anti-heroic personality” becomes evident when examining Hitler’s supreme command, which, as analyzed by …

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UK Economy Shows Signs of Growth in April, But Recession Looms Ahead

According to Gregory, there is still more than 60% to come, indicating that a recession is likely to occur in the second half of this year. The signs of an economic downturn are becoming evident, with a 0.6% decrease in construction output due to a 1% decline in new work. Pantheon Macroeconomics’ chief UK economist, …

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A Guide on How to Make the Most of Your Weekend in Perth

Perth, the blossoming city, has finally come into its own. It has become a destination that locals can’t stop talking about. With direct flights from London, Perth has emerged as a vibrant metropolis that boasts the most sunlight hours of any major Australian city. It also has stunning beaches and a lively nightlife. Additionally, Perth …

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