Hammond’s Brexit fears as economic growth fails: Chancellor warns of worst figures since 2012

The UK managed economic growth of just 1.4 per cent in 2018 – its lowest level since 2012, when the country was emerging from recession. Growth in the final three months of 2018 was just 0.2 per cent.

Chancellor Philip Hammond warned of the impact of Brexit uncertainty on the economy last night. The UK managed economic growth of just 1.4 per cent in 2018 – its lowest level since 2012 [File photo]

The Chancellor added: ‘It’s a solid performance from the economy when you look at what’s happening globally and in other competitor countries.

‘But of course there is no doubt that our economy is being overshadowed by the uncertainty created by the Brexit process.’ 

It is feared the slowdown could continue in 2019, with yesterday’s figures from the Office for National Statistics (ONS) showing the sharp drop-off at the end of last year.

The economy actually contracted in December, shrinking by 0.4 per cent from the previous month. Monthly figures tend to swing wildly, meaning this dip could well be temporary. However, it suggests the start to this year is likely to be bleak.

Output continued to grow in the crucial services sector – which includes everything from banking to hairdressing, and accounts for four-fifths of the British economy. But the UK’s manufacturing and construction sectors both shrank [File photo]

January and February are traditionally tough months because consumers rein in their spending after a festive blowout. The Bank of England has already warned there is a one-in-four chance of a recession this year.

Ben Brettell, senior economist at savings firm Hargreaves Lansdown, said: ‘There’s little doubt Brexit uncertainty is responsible for the disappointing numbers, though concerns over global trade will also have played a part.’ 

Suren Thiru, head of economics at the British Chambers of Commerce, added: ‘It is increasingly likely that the slowdown at the end of 2018 will persist as continued Brexit uncertainty and the raised possibility of a No Deal exit from the EU weigh heavily on UK’s growth prospects.’

Businesses have cut back sharply as Brexit gets closer, with investment down 1.4 per cent in the final three months of the year, its fourth quarter of decline in a row.

Not knowing what our trading relationship with the EU will look like makes it harder to plan, build new factories or buy fresh equipment.

Output continued to grow in the crucial services sector – which includes everything from banking to hairdressing, and accounts for four-fifths of the British economy. But the UK’s manufacturing and construction sectors both shrank.

Rob Kent-Smith, of the ONS, said: ‘Declines were seen across the economy in December, but single-month data can be volatile, meaning quarterly figures often give a better indication of the health of the economy.

‘The UK’s trade deficit widened slightly in the last three months of the year, while business investment again declined, now for the fourth quarter in a row.’

The economy actually contracted in December, shrinking by 0.4 per cent from the previous month. Monthly figures tend to swing wildly, meaning this dip could well be temporary [File photo]

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February 12, 2019

Sources: Daily Mail

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    1 February 16, 2019
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    1 February 16, 2019
  • Thieves using a car as a battering ram to smash into shopping centre

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    1 February 16, 2019
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    1 February 16, 2019
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    1 February 16, 2019
  • PICTURED: Teacher, 27, who was hit and killed by an oil truck while wearing earphones and hood

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    1 February 16, 2019
  • Children are being exposed to extreme diet advice on Instagram

    Children are being exposed to extreme diet advice on Instagram

    share ‘fasting’ tips. They are also bombarded with advice on hiding anorexia and bulimia from their families and disposing of food unnoticed.</p><p>One user posted details of ‘the salt and ice diet’, saying it suppressed food cravings between meals (stock image) </p><p>One user posted details of ‘the salt and ice diet’, saying it suppressed food cravings between meals. The revelations come three days after the Duchess of Cornwall warned the Instagram generation against ‘ridiculous’ diets. Camilla said youngsters were damaging their health by trying to be ‘Skinny Lizzies’.</p><p>The Daily Mail has found troves of shocking images on Instagram promoting eating disorders, starvation and dangerous fad diets.</p><p>Sky News presenter Mark Austin, who has spoken of his daughter Maddy’s battle with anorexia, condemned the content.</p><p>‘This is hideously dangerous and more teenagers will die if such content is not controlled,’ he said. ‘I fear that an entire generation is subject to some unregulated social experiment the results of which we may not know for some time. The big companies like Facebook may not have a legal responsibility for what is on their platform but they clearly have a moral responsibility.’</p><p>The revelations come three days after the Duchess of Cornwall warned the Instagram generation against ‘ridiculous’ diets</p><p>Maddy, 20, is in recovery after her weight dropped dangerously during her battle with anorexia.</p><p>Reporters at this newspaper posed as a girl of 13 – the minimum age for joining Instagram – to set up an account under a false name and birth date. It took just seconds of searching online to find pages of posts glamourising eating disorders. The featured women were painfully thin and tagged with motivational words like ‘thinspiration’ and ‘You really can lose weight. You can be THAT girl’.</p><p>Another post said: ‘Satisfaction from food lasts for three minutes. Skinny lasts forever.’ Pixie Turner, a nutritionist, said it was worrying that such dangerous advice was online. She added: ‘The idea of eating salted ice to suppress hunger is that the ice gives your mouth something to do, while the salt should reduce cravings. Except it doesn’t work that way, especially if you’re not craving something salty.</p><p>Instagram has agreed to remove graphic self-harm content from its platform following the death of 14-year-old Molly Russell</p><p>‘Engaging in these kinds of risky dieting behaviours like hunger suppression is one of the biggest risk factors for eating disorders.’</p><p>Edzard Ernst, professor of complementary medicine at Exeter University, said the salt and ice diet was ineffective and unhealthy.</p><p>Instagram has agreed to remove graphic self-harm content from its platform following the death of 14-year-old Molly Russell. Molly’s father Ian said she took her own life after viewing images on the website that glamourised self-harm and suicide.</p><p>Instagram last night said it did not allow posts that encouraged eating disorders, but that limited anorexia-related content was important to help sufferers.</p><p>A spokesman said: ‘Experts we work with tell us that for many young people discussing their mental health journey, or connecting with others who have battled similar issues, is an important part of their recovery.’</p><p>It is investigating the problem accounts flagged by the Mail.</p><p>Do you want to automatically post your MailOnline comments to your Facebook Timeline?</p><p>Your comment will be posted to MailOnline as usual.</p><p>Do you want to automatically post your MailOnline comments to your Facebook Timeline?</p><p> We will automatically post your comment and a link to the news story to your Facebook timeline at the same time it is posted on MailOnline. To do this we will link your MailOnline account with your Facebook account. We’ll ask you to confirm this for your first post to Facebook.</p><p>Part of the Daily Mail, The Mail on Sunday &amp; Metro Media Group</p>

    1 February 16, 2019
  • AOC under fire for giving her boyfriend a congressional email account to look at her calendar

    AOC under fire for giving her boyfriend a congressional email account to look at her calendar

    emerged she has given her boyfriend Riley Roberts a congressional email account. </p><p>Political consultant Luke Thompson tweeted a picture of his official House email address, which quickly went viral. </p><p>He tweeted: 'While you were having a nice Valentine's Day, @AOC decided to put her boyfriend on staff - drawing a salary on the taxpayer's dime. Nice to see her adapting to the swamp so quickly.'</p><p>But AOC hit back, writing: 'Actually this cal designation is a permission so he can have access to my Google Cal. Congressional spouses get Gcal access all the time.</p><p>'Next time check your facts before you tweet nonsense.'  </p><p>Speaker of the House Nancy Pelosi performs a ceremonial swearing-in for US House Representative Alexandria Ocasio-Cortez. She was joined by Riley Roberts, third from right</p><p>Political consultant Luke Thompson tweeted a picture of his official House email address</p><p>But Ocasio-Cortez hit back and insisted it's only so he can look at her calendar</p><p>Her chief of staff Saikat Chakrabarti also posted to Twitter, defending the account </p><p>Robert Riley is the head of marketing at HomeBinder.com, according to Marie Claire. He also works with tech startups. </p><p>Riley from is Boston, Massachusetts and is reported to have gone to uni there, too. </p><p>He was pictured at her swearing in, telling the New York Post it was 'a really incredible day, really special'. </p><p>They lived together in the Bronx before moving to Washington D.C. </p><p>Her chief of staff Saikat Chakrabarti also argued the move was normal for a spouse or partner. </p><p>He wrote: 'He's not paid. We have no volunteers in the office. He's not doing any government work. He can see her calendar just like spouses/partners/family members in other congressional office.</p><p>'Spouses and partners normally get http://mail.house.gov e-mail addresses for the purpose of getting calendar access.'</p><p>As news of her boyfriend's email was shared online Jason Chaffetz, former chairman of the House Oversight Committee, told Fox: 'It's totally naive and inappropriate – you wouldn't allow it in most companies, let alone the House of Representatives. There should be real consequences.</p><p>'When I was in the House, my scheduler would forward my wife my schedule once a week. But you're not allowed unfettered access. And he isn't even her spouse. It should be referred to the ethics committee for further investigation.' </p><p> Alexandria Ocasio-Cortez, 29, remained outspoken on the deal since its announcement in November. Now Amazon blame her rhetoric for foiling their plans</p><p>It comes on the day Amazon hit-out at Ocasio-Cortez and her Democratic peers for creating an unjust hostile 'environment' that led to the withdrawal of their New York headquarters plan.  </p><p>The online retailer announced on Thursday that they were pulling the plug on their proposal to create a second headquarters in New York's Long-Island City.</p><p>Speaking out about the withdrawal on Friday, Amazon's head of policy communications, Jodi Seth, pointed blame at Ocasio-Cortez and her anti-Amazon rhetoric.</p><p>Seth said it wasn't 'any one incident' but months of vitriolic political discourse - perpetuated by the likes of AOC - that ultimately resulted in the company's decision to look elsewhere for a new branch to its Seattle base. </p><p>Do you want to automatically post your MailOnline comments to your Facebook Timeline?</p><p>Your comment will be posted to MailOnline as usual.</p><p>Do you want to automatically post your MailOnline comments to your Facebook Timeline?</p><p> We will automatically post your comment and a link to the news story to your Facebook timeline at the same time it is posted on MailOnline. To do this we will link your MailOnline account with your Facebook account. We’ll ask you to confirm this for your first post to Facebook.</p><p>Part of the Daily Mail, The Mail on Sunday &amp; Metro Media Group</p>

    1 February 16, 2019
  • Vogue Brazil Fashion Director Resigns Over Photos That Evoke Slavery Era

    Vogue Brazil Fashion Director Resigns Over Photos That Evoke Slavery Era

    Brazil edition has resigned following an outcry over photographs from her 50th birthday party that critics saw as an allusion to race relations during the colonial era, when Brazil relied heavily on slave labor.</p><p>The executive, Donata Meirelles, who is white, posted the photographs on her Instagram account, where she appears smiling broadly sitting on an ornate chair flanked by two black women wearing elaborate white dresses.</p><p>Many Brazilians saw the images, taken in the predominantly black state of Bahia, as a throwback to Brazil’s colonial era, when light-skinned elites enslaved millions of people of African descent. Now, just over half of Brazilians identify as black or of mixed racial background, but discrimination remains a powerful force there.</p><p>But racism still pushes black Brazilians to the bottom of the economic ladder and keeps them largely invisible in Congress, the executive branch, corporate suites and news organizations.</p><p>Ana Lucia Araujo, a history professor at Howard University who studies slavery, said the controversy over Ms. Meirelles’s birthday has brought to the fore a topic many Brazilians are reluctant to acknowledge publicly.</p><p>“Racism and white supremacy are issues that have been ignored in Brazil,” she said. “This continues to be a central issue in Brazilian society and this event will lead us to pay much more attention to how black women are depicted and commodified in Brazilian culture.”</p><p>Ms. Araujo and many Brazilians said the mere presence of women dressed in the traditional baiana outfit of white blouse, skirt, headwrap and beads should not be construed as racist.</p><p>It is also a way to earn a living for many: Women in the starched white outfit are often hired to meet tourists disembarking from cruises in Bahia and can be seen selling traditional street food.</p><p>But the figure, cast uncritically, can evoke a racist past. Ms. Araujo said that the photo in which Ms. Meirelles is sitting, surrounded by baianas, was insensitive — or at least tone deaf.</p><p>“Black flesh used to be the cheapest on the market but not anymore,” she added. “We’ll yell that out to anyone who hasn’t understood it yet. Slavery is not a joke.”</p><p>One of the women in the photos, Rita Ventura dos Santos, told the newspaper that she and her colleagues did not consider themselves to have been pawns.</p><p>“Whoever wants to criticize the party is at liberty to do so,” she told Folha. “But I am no child to have been put myself in a degrading situation.”</p><p>Ms. Meirelles signaled that the uproar had taken an emotional toll. On Thursday night, she posted a photo montage on Instagram featuring two women sitting on a massive Prozac pill.</p><p>It’s far from the first time the fashion industry has been found itself embroiled in controversy for insensitive or outright racist depictions.</p>

    1 February 16, 2019

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