Category: General
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 […]
Facebook announces new push against fake news after Obama comments
Mark Zuckerberg says site has been working on problem for a long time and penalizes misinformation on news feeds to reduce chances it will spread. Facebook CEO Mark Zuckerberg announced new steps to counter fake news on the platform on Saturday, marking a departure from his skepticism that online misinformation is, as Barack Obama said […]
Thom Jones: the writer who explored madness, art and violence
The writer, who died this week aged 71, began his career late in his tumultuous life, exploding onto the literary scene with his Vietnam story The Pugilist at Rest. Thom Jones, the Illinois-born short-story writer who has died, aged 71, of complications from diabetes, rocketed onto the literary scene in 1991, when the New Yorker […]
Greek prime minister reshuffles cabinet to boost bailout reforms
Alexis Tsipras says time has come to speed up measures agreed with the country’s international creditors. The Greek prime minister, Alexis Tsipras, has reshuffled his government to boost bailout reforms in the hope of getting the EU to agree to critical debt relief by the end of the year. Heralding a new political era for […]