Confidence in UK economy has ‘fallen off a cliff’

Subscribe to The Global Herald in Google News

Sky News published this video item, entitled “Confidence in UK economy has ‘fallen off a cliff'” – below is their description.

Supply chain problems, Brexit, COVID, and national insurance hikes are a few of the key reasons why businesses are losing optimism in the UK economy.

The Institute of Directors Chief Economist, Kitty Ussher, says their internal data has confidence levels in the same level before easing of restrictions, last seen in February.

Sky News YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


Subscribe to The Global Herald in Google News

About This Source - Sky News

Sky News is a British free-to-air television news channel and organisation. Sky News is distributed via a radio news service, and through online channels. It is owned by Sky Group, a division of Comcast. John Ryley is the head of Sky News, a role he has held since June 2006.

Recent from Sky News:

  • Sky News Breakfast: Minister says the NHS is ‘coping’
  • BREAKING: UK – New Zealand trade deal agreed, slashing tariffs on a range of goods
  • The data behind UK COVID and global death rates
  • In This Story: Brexit

    Brexit is the name given to the United Kingdom’s exiting the European Union, which happened on 31 January 2020, following a narrow “Leave” referendum result in a June 2016 vote on EU Membership which took place in the country. News items related to Brexit are posted, below, chronologically, with the most recent items at the top, from a variety of outlets.

    3 Recent Items: Brexit

  • Immigration: a journey in music and numbers | FT
  • Britain and New Zealand strike free trade deal
  • Brexit: Andy Mayer responds to France’s call for Britain to give its trawlers access to UK waters
  • In This Story: COVID-19

    Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.

    Symptoms of coronavirus

    The main symptoms of coronavirus are:

    • a persistent new cough (non productive, dry)
    • a high temperature (e.g. head feels warm to the touch)
    • shortness of breath (if this is abnormal for the individual, or increased)

    Latest News about Covid-19

    Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.

    5 Recent Items: COVID-19

  • Victoria hits vaccination milestone ahead of Freedom Friday | Coronavirus | 9 News Australia
  • Sky News Breakfast: Minister says the NHS is ‘coping’
  • More Victorian children head back to school as restrictions ease | 7NEWS
  • Inside the Monash Medical Centre COVID ward as Melbourne’s restrictions ease | 7NEWS
  • Dental care crisis: Shawn Charlwood reveals a backlog in appointments due to Covid-19
  • In This Story: National Insurance

    National Insurance (NI) is a fundamental component of the welfare state in the United Kingdom. It acts as a form of social security, since payment of NI contributions establishes entitlement to certain state benefits for workers and their families.

    Introduced by the National Insurance Act 1911 and expanded by in 1948, the system has been subjected to numerous amendments in succeeding years. Initially, it was a contributory form of insurance against illness and unemployment, as well as eventually provided retirement pensions and other benefits.

    Weekly income and some lump-sum benefits are provided for participants upon death, retirement, unemployment, maternity and disability. In order to obtain the benefits which are related to the contributions, a National Insurance number is necessary.

    3 Recent Items: National Insurance

  • Dominic Raab Quizzed On Impact On Families When Universal Uplift Is Cut While Bills Increase | GMB
  • Live: Rishi Sunak speaks at Conservative Party conference
  • Conservative party conference kicks off in Manchester as PM grilled over supply chain issues
  • Leave a Comment

    We don't require your email address now, just your name. BUT, if you do add it, you may be notified if there are replies to your comment. Please make respectful comments, which add value, and avoid personal attacks on others. Comments failing to adhere to these guidelines will not be published.

    Posting....