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Tag Archives: Sajid Javid

Britain’s post-Brexit budget to combat virus fallout

London, United Kingdom | AFP |  Britain unveils its first post-Brexit budget on Wednesday, with all eyes on emergency government measures to ease the economic pain from the coronavirus outbreak. It comes the day after a minister in the health department, Nadine Dorries, tested positive for COVID-19, raising concern about whether …

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Planes, trains and bills: Britain’s big projects dilemma

London, United Kingdom | AFP |  A high-speed train that won’t start. An overcrowded airport that can’t expand. A new subway line that never runs. Britain’s attempts to revive its creaking infrastructure are turning into a headache for Prime Minister Boris Johnson just as his fight with Europe over Brexit winds …

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No one ‘really knows’ cost of no-deal Brexit: minister

London, United Kingdom | AFP | Britain’s finance minister on Monday said he did not think “anyone really knows” what a no-deal Brexit would cost the economy. Sajid Javid spoke to BBC radio before his keynote speech at the governing Conservative Party’s annual conference in Manchester. Chancellor of the Exchequer Javid …

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Brexit turmoil drives UK towards recession

London, United Kingdom | AFP | Britain’s economy unexpectedly shrank in the second quarter of the year on Brexit turmoil, official data showed Friday, placing the country on the verge of recession. Gross domestic product (GDP) fell 0.2 percent in the April-June period, the first time the economy has contracted in …

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