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Tony Blair's attempt to save Nissan jobs in the North-east has been threatened by the company's decision to opt for a French production site for the next generation of the Micra. The high level of the pound has made it economically unviable for the company to
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The UK Foreign Secretary, Robin Cook, has ignited controversy by stating that Scotland would be welcomed into the European Union as a member, contradicting previous Labour and Conservative Ministers' stances. However, his claims have been met with skepticism, particularly when he failed to address criticisms surrounding Scotland's
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John Redwood, head of the Tories' parliamentary campaigns unit, has suggested that a future Conservative government should push for British entry to the North American Free Trade Agreement (Nafta), despite the risk of a legal battle with the European Union. Redwood argues that joining unilaterally would violate EU rules,
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A new survey by Lloyds TSB Commercial Scotland has found that Scottish businesses are outperforming many other parts of the UK in terms of orders, prices, and investment. The survey, which includes Scotland for the first time, compared Scottish businesses favorably to the national average. Forty-two percent of Scotland'
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In recent days, the issue of the euro has become a contentious one, but for business leaders like those at Nestle, the reality is clear: Britain's decision to forgo the euro is a competitive disadvantage that threatens jobs and the future of British manufacturing. As the multinational food
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Hundreds of workers at a British plant making KitKats are at risk of losing their jobs if Britain keeps the pound, according to Nestle. The company's York factory, which employs over 2,000 workers, including 800 on the KitKat production line, faces significant financial losses due to the
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Senator Phil Gramm's proposed free-trade agreement between the US and the UK would damage both countries, as it would require the UK to leave the European Union. This would jeopardize 3 million British jobs that rely on exporting to Europe. The UK's trade policy is currently
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As British Prime Minister Tony Blair meets with German Chancellor Gerhard Schroder, concerns over a two-speed European Union that would leave the UK in the slow lane are mounting. Statements by Schroder and French President Jacques Chirac suggest a closer relationship between France and Germany, potentially leaving Britain behind. However,
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Britain's Prime Minister Tony Blair will inform German Chancellor Gerhard Schroder this week that any fresh debate on the European Union's future must not be rushed. The government is relaxed about Germany's proposals for a new round of negotiations on EU structure and workings
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A breakthrough was achieved in the long-standing European Union saga on ensuring taxation of non-resident savings across the continent. A meeting of finance ministers in Lisbon, Portugal, led to an agreement that will have significant implications for countries and financial centers across the EU. The deal establishes information exchange and
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Tony Blair has assumed personal control of steering Britain into the euro, pledging to lead a vigorous campaign for the single currency, contingent on the economy being in the right shape. He took charge at the start of the EU summit in Portugal after days of in-fighting among senior Ministers
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Gordon Brown, the Chancellor, emphasized the need for Britain to develop its own "New Economy," which would require increased productivity and competition. In a Mansion House speech, Brown stated that Britain cannot rely solely on the advances in information technologies to drive economic growth, as seen in the
