Tag: UK news
First edition of Isaac Newton’s Principia set to fetch $1m at auction
Rare European copy of key mathematics text is going under hammer at Christies in New York with record guide price. A first edition of Sir Isaac Newton’s Principia Mathematica could become the most expensive print sold of the revolutionary text when it goes under the hammer with a guide price of at least $1m (790,000) […]
Theresa May must fight the hard Brexiters or Britain will be ruined | Will Hutton
The economic fallout from a violent rupture with the EU will have devastating consequences for the country and its people. Brexit is pure poison, polluting everything it touches. The fundamental questions the country should be addressing the crisis in productivity growth, the lack of affordable housing, the overwhelming strain on public services, our desperately weak […]
Brexit will blow 59bn hole in public finances, admits Hammond
Chancellor attempts to strike cautiously upbeat tone but OBR warns of extra borrowing over next five years. Philip Hammond conceded that Brexit will blow a 59bn black hole in the public finances over the next five years, as he outlined plans to boost investment in infrastructure and housing to equip the UK economy for life […]
The Guardian view on globalisation: its death is the making of it | Editorial
Editorial: We may be at a turning point in the nature of capitalism. That may not be such a bad thing. Ever since US presidential candidates railed against free trade, and anti-immigrant parties madesweeping gains in Europe, the question has been asked: are we witnessing the demiseof globalisation? A trend that has dominated economics and […]
Natural disasters push 26m into poverty each year, says World Bank
Study finds floods, storms and droughts cost global economy $520bn a year and highlights need to tackle climate change. Floods, earthquakes, tsunamis and other extreme natural disasters push 26 million people into poverty each year and cost the global economy more than half a trillion dollars in lost consumption, the World Bank has said. A […]