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Riders law
on consumers and a possible rise in the base rate.
Nor did they rule out a recession like Germany’s, with reduced household and business expenditure, reduced demand for debt, and a rise in unemployment.
“We already know from the Kantar grocery numbers earlier that food inflation is slowing down. In May, it came in at 17.2 per cent, but the process looks increasingly glacial,” said Michael Hewson, CMC Markets’ chief market analyst.
“For now, the central bank is in the invidious position of having no good options,” he declared.
“Do nothing and inflation will take longer to work its way out of the system, squeezing consumers further. Raise by 0.25 percentage points to show they are trying to do something,” Hewson said. “Or be more aggressive and push the economy into recession.”
THE majority of Labour Ministers from the EU’s 27 member states voted in favour of a directive setting out the working conditions for the food delivery and other riders employed by digital platforms. Spain abstained, as Yolanda Diaz, who is also second vicepresident, considered that the new measures were insufficient and were “difficult to understand in democratic terms.”
Export fiasco
FIGURES from the United Nations Conference on Trade and Development (UNCTAD) revealed that the UK’s goods and services exports had a value of $813 billion (€756 billion) in 2012 but rose only 6 per cent by 2021. Overall, the EU’s 27 member enjoyed a 29.1 per cent increase in the value of their exports during the same period.
I HAVE never trusted the SNP. Because I retain quite a number of Scottish friends I have always kept my views pretty much to myself.
Many rather agreed to the quest for independence and despite the fact I would have simply hated to have seen the rebuilding of Hadrian’s Wall and Lord knows how many rules and regulations, including border passport control, a change in currency and a slow decline into oblivion as they endeavoured to rejoin the EU, I always respected their opinions and ideas for an independent Scotland.
To me Scotland will always be independent. To have this glorious country for a partner has always instilled a great deal or pride into the ol boys psyche. Touring and appearing all over, including the notorious Glasgow Empire, has always granted me lifelong wonderful memories.
In my opinion all the SNP were after was control. Nothing they ever did was beneficial to the people of Scotland. All they are truly interested in, is the power and financial gain Scottish independence would bring them. For