Sunday, October 20News For London

Tag: Reporting Week 2

UK economic slows, rising question of economic health after Brexit

UK economic slows, rising question of economic health after Brexit

Business, economy
After a growth over the summer, Britain’s economy lost its speed in three months to October, latest official data shows. According to the Office for National Statistics, GDP grows by 0.4 per cent from July to October, coming down from 0.6per cent, the rate of the third quarter of the year. In October, the GDP growth is 0.1 per cent. The increases are roughly flat in the three most recent month, August, September and October. “The latest data confirm that UK GDP growth is slowing after a strong performance in the middle of the year, and the risks appear to be to the downside ” Garry Young, head of macroeconomic modelling and forecasting at NIESR recommends. In this three months, services sector, with a 0.3 per cent growth, and construction sector are the main contributors to GD
How can the Left regain support after the Brexit vote?

How can the Left regain support after the Brexit vote?

ReportingWeek2
Outside the Supreme Court in London this week, two groups stood opposed: the Brexiters and the Remain camp. They were positioned on opposite sides of the court entrance, and supposedly, on opposite sides of the political spectrum. “Brexit is racist,” claimed one group. The other chanted: “The people have spoken.” Although they disagree on issues such as sovereignty, these groups have more in common than they acknowledge. Still there are wide social schisms across the country. In such circumstances, how will Labour regain support? Fifty two per cent of voters wanted to Leave the EU and 48 per cent voted Remain. The divide over Brexit doesn’t bode well for the electoral prospects of any political party. The Secretary of the Labour Party constituency of Chippenham, Andy Newman is well