News

News | Published November 17 2019

The Weekly Review: Nov 11 - Nov 17

Every Sunday, we bring together the most important stories of the week from across a wide range of sectors.

Politics

Brexit Party candidates will not stand in 317 Conservative-held seats in December’s general election, according to party leader, Nigel Farage.

The Labour Party’s digital operation has been targeted by two cyber attacks in two days.

Home Secretary Priti Patel has said that the Conservatives will cut down on “immigration overall” post-Brexit should they win December’s general election.

Labour’s latest pledge has seen the party promise full-fibre broadband for all homes and businesses by 2030 should it win December’s general election.

The Liberal Democrats’ finance spokesman Sir Ed Davey is set to unveil plans to invest £100 billion over five years into reversing climate change and protecting the environment, during a speech in Leeds.

The Green Party has made an election pledge of introducing a universal basic income by the year 2025, which will replace universal credit and guarantee every adult a minimum income of £89 per week.

Health

The Labour party’s latest election pledge is to invest an extra £26 billion a year into an NHS “rescue plan” which will be funded by higher taxes on companies and the wealthy.

Record numbers of patients are now on hospital waiting lists in England, with delays for A&E care also at their highest recorded levels in history.

Education

The Labour party has promised to spend an additional £3 billion per year on a scheme to provide adults in England with free access to retraining which will increase job prospects and help close the skills gap.

Economy

The Office for National Statistics has shown that the UK economy has slowed to its lowest rate of growth since the first three months of 2010.

Official figures from the Office for National Statistics revealed that the UK has avoided a recession in 2019, but the door has opened for the economy to be a key battleground in December’s general election.

UK wage growth slowed in the three months to September according to official figures from the Office for National Statistics.

UK inflation increased at its slowest rate in almost three years in October after the energy regulator lowered price caps, according to the Office for National Statistics.

The Institute for Fiscal Studies has said that plans outlined by both Labour and the Conservatives to raise the minimum wage would increase pay for millions of people.

Transport

A draft copy of a government review into the viability of HS2 has stated that despite the rising costs, the proposed railway should be built.

Manufacturing

Chinese firm Jingye Group has agreed a deal in principle to purchase British Steel for £70 million.

Property

An investigation by campaign group Greenpeace has discovered that 10,000 new homes could be built in areas which are at high-risk of flooding.

Focus

The government’s new environment bill introduced earlier in the year could prove a turning point on plastic usage in the UK, with businesses having to adapt to fall in line with its requirements.

According to a recent report from the Learning and Work Institute, the government risks losing 75,000 apprenticeships at SMEs if it fails to reform the apprenticeship levy and provide additional funds.

The education sector was given welcome news back in August when prime minister Boris Johnson pledged a cash boost of more than £14 billion to schools in England over the next three years, something which may open a great many windows of opportunity.

Earlier in the year, news of changes to the way in which personal injury compensation payments are calculated came much to the chagrin of insurers, but was greeted with approval by others.

In a climate where businesses face struggles in recruitment and the role of education in these issues is coming under scrutiny, models deployed by training providers such as Engineered Learning may offer a degree of hope.

The uncertainty of how Brexit will impact business when the UK leaves the EU is well-documented. Some business leaders see the UK’s departure from the bloc as a hindrance, particularly those who trade in Europe, whereas others are looking to capitalise on the opportunities that arise from it.



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Authored by

George Salmon
Political Editor
@theparlreview
November 17 2019

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