Published 19 July 2013 Share close Share page Copy link About sharing The UK economy has seen a £9.9bn boost in trade and investment from hosting the 2012 London Olympic and Paralympic Games, research suggests. A report by the government department which promotes UK businesses put new contracts, sales and foreign investment in the last year down to the Games. But the claims were met with scepticism by some economists and the Federation of Small Businesses. Government estimates put the cost of hosting the Games at £8.9bn. 'Creative accounting' Prime Minister David Cameron said "a lot of deals were done" around the time of the Olympics. The report, for the UK Trade and Investment department (UKTI), said the Olympics resulted in: £2.5bn "additional inward investment", 58% of which was outside London £5.9bn additional sales following Olympic-related promotions by the … [Read more...] about London 2012 Olympics ‘have boosted UK economy by £9.9bn’
Ways to improve the economy of a country
Brexit Britain set for huge win as 17 new factories to make UK manufacturing giant again
Rolls-Royce Chief discusses target for Sustainable Aviation Fuel SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Once a manufacturing superpower, the UK’s industrial sector has shrunk over the past four decades, declining to less than 10 percent of GDP . According to the Trade Unions Congress, between 1960 and 2015, of all advanced economies , the UK was hit with a greater drop in manufacturing employment than any country apart from Switzerland. Related articles Russian migrants in Dublin protest Ireland joining NATO Brexit LIVE: 'Idiots!' Ryanair CEO lashes out at Brexiteers and blames Employment in the manufacturing sector fell by more than 0.4 percent per year over those 55 years, which was twice as high … [Read more...] about Brexit Britain set for huge win as 17 new factories to make UK manufacturing giant again
God save the Queen! £4bn in UK aid helps Ukraine turn tide on Putin’s horror invasion
Putin predicted to starve the West this winter if he loses Ukraine conflict SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info The conflict – which has had a global impact – has left parts of eastern Ukraine in ruins, and has cost billions to the global economy. The latest United Nations figures suggest over 10.5 million refugees have fled the war-torn nation, many of whom have sought shelter across Europe. Related articles Ukraine slams Russia’s ‘ineffective’ weaponry Russian airbase in Crimea suffers 'extensive damage' The British Government has been one of the leading supporting nations towards Ukraine since the outbreak of the conflict, with Prime Minister Boris Johnson having made visits to his Ukrainian … [Read more...] about God save the Queen! £4bn in UK aid helps Ukraine turn tide on Putin’s horror invasion
These green targets waved through by MPs will make the cost of no deal look like small change
This legislation was approved with little scrutiny, all to boost the ego of one of Britain’s worst prime ministers Never let it be said that Parliament cannot get things done when it wants to. In the three years since the referendum, MPs have not only rejected Theresa May’s Withdrawal Agreement but have failed to produce a majority for every other conceivable plan to exit the European Union. Those who never wanted Brexit in the first place say that it will cost the country billions. Britain is too small and insignificant to stand alone, they say. Nobody voted to be poorer, they say. Contrast this parliamentary rigor mortis with the passage of the Climate Change Act 2008 (2050 Target Amendment) Order which was nodded through on Monday evening, just twelve days after being first laid before the House of Commons. Unanimously approved after a self-congratulatory, back-slapping debate that lasted 90 minutes, it is now on its way to the House of Lords for a second round of … [Read more...] about These green targets waved through by MPs will make the cost of no deal look like small change
Drivers urged to use common car button properly or risk ‘worse’ fuel consumption
Hypermiling: Drivers go to extremes to conserve fuel This article contains affiliate links, we may receive a commission on any sales we generate from it. Learn more SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info The Office of National Statistics found that 77 percent of Britons were worried about the rising cost of living, with petrol and diesel prices a particular concern for many. As a result, many have been trying to cut their costs using fuel-saving tips and changing their driving habits to slash fuel consumption. Related articles Drivers warned of one button as it boosts 'fuel consumption by 20%' DEAL OF THE DAY: Save £5 on fuel at ALL UK petrol stations with deal Cruise control is a common … [Read more...] about Drivers urged to use common car button properly or risk ‘worse’ fuel consumption
When Biden Went to China
On April 19, 1979, Senator Joe Biden of Delaware was in Beijing, meeting with China’s paramount leader, Deng Xiaoping, when he put Washington’s nascent friendship with the Communists to the test. That Biden was sitting there at all was remarkable. The United States and China had been implacable foes for decades. In Washington, Deng and his cadres were seen as a dangerous arm of the Red menace, their conquest of China 30 years earlier bitterly lamented as its “loss” to godless Communism. In Beijing, the Americans were viewed as merciless imperialists, defenders of the Nationalists, the Communists’ mortal enemy ensconced on the island of Taiwan. In 1971, when National Security Adviser Henry Kissinger initially broke the ice with the Chinese Communists, he had to sneak into Beijing secretly. Biden arrived quite publicly as part of a five-member delegation from the Senate Foreign Relations Committee. His six-day tour included visits to a school, factories, and a commune. Still, … [Read more...] about When Biden Went to China
EU referendum: Leave and Remain clash in BBC Great Debate
Published 22 June 2016 Share close Share page Copy link About sharing Leading names from both sides of the EU referendum have traded blows in a live TV debate at Wembley Arena on the eve of the final day of campaigning. The BBC's Great Debate featured almost two hours of questions on immigration, the economy and sovereignty. Scottish Tory leader Ruth Davidson repeatedly clashed with Boris Johnson in front of an audience of thousands and accused his Leave side of "lying". Mr Johnson said Remain "keep talking down our country". Voters go to the polls from 07:00 BST on Thursday, to decide whether the UK should stay in or leave the European Union. Follow updates with BBC EU Referendum Live Five key moments from the Great Debate The UK's EU vote: All you need to know EU referendum issues guide: Explore the arguments Ms Davidson, who gave the closing statement … [Read more...] about EU referendum: Leave and Remain clash in BBC Great Debate
‘Disgusting!’ Russia TV pundits shamed over rant likening Ukraine sanctions to Holocaust
Russia TV pundits compare war sanctions to Nazi holocaust SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Russian TV pundit Igor Korotchenko bemoaned the inability of Russian s to travel freely as western sanctions in response to the invasion of Ukraine hit home. In a hyperbolic comparison to the Holocaust, Korotchenko told Russian state-owned TV the travel sanctions were only missing "yellow stars," sparking a furious backlash online. Related articles Russia EXODUS: Economy crisis over 170,000 vital missing workers War with Russia will be over when Putin takes Crimea, says Mr Zelensky Korotchenko told Russia1: "Today, we are pariahs, just missing the yellow stars. "Based on the ongoing filtration as to who … [Read more...] about ‘Disgusting!’ Russia TV pundits shamed over rant likening Ukraine sanctions to Holocaust
Vladimir Putin exposes own weakness with two pivotal Ukraine mistakes ‘Fragile monster’
Ukraine: Vladimir Putin exposes own weakness with mistakes SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Mr Sweeney argued that by keeping the leader of the opposition Alexei Navalny alive and not introducing universal conscription, Vladimir Putin has demonstrated to be afraid of his own people. He stressed Putin is “a fragile monster” as he outlined why the Russian leader's strategy for the war in Ukraine is failing. Related articles Putin ally could launch nuclear strikes on THREE countries Ukraine slams Russia’s ‘ineffective’ weaponry Mr Sweeney told CNN: “The point is Navalny is still alive. “If Putin was all-powerful, he could have him, he’s his greatest adversary, and he’s still alive? “That for me … [Read more...] about Vladimir Putin exposes own weakness with two pivotal Ukraine mistakes ‘Fragile monster’
Putin risks wrath of Russian public as ‘mothers and fathers will demand withdrawal’
Putin predicted to starve the West this winter if he loses Ukraine conflict SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info This week, the US has shed some light on the crushing losses Russia has endured during the invasion of Ukraine so far. Colin Kahl, The Pentagon's under secretary of defence for Policy, Colin Kahl, claimed on Tuesday that between 70,000 and 80,000 Russians have lost their lives since the start of the conflict in February. He told reporters: “There’s a lot of fog in the war but I think it’s safe to suggest that the Russians have probably taken 70,000 or 80,000 casualties in less than six months. "Now that is a combination of killed in action and wounded in action and that number might be a little lower, a little higher, but … [Read more...] about Putin risks wrath of Russian public as ‘mothers and fathers will demand withdrawal’