let s carry on with our coverage of the political crisis here in the uk as prime minister borisjohnson continues to defy calls for him to resign despite more than a0 ministers and aides walking out of government in the last 48 hours. it comes as britain faces a wall of economic challenges. among the g7 group of rich economies, uk growth is predicted to be at a standstill or even in recession next year, putting it behind canada, france and the us among others. inflation in the uk is already at a ao year high and expected to hit double figures, ten or even 11% by the year end and there s no let up in soaring household energy bills the annual bill is likely to be over 3,000 pounds a year by the autumn when the regulator lifts its cap on prices again. so the challenges are stacked up for chancellor nadim zahawi and he is widely expected to make an announcement on cutting taxes in the near future. rebuilding the economy and growing the economy is my task, and this is the f
promised new freedoms but are increasingly concerned about loss of business in the european union. gervais williams is head of equities at the investment manager premier miton. so, when it comes to the city of london, the financial sector, one of the most important tax raising industries across the uk, yet we have been waiting post brexit or houthi financial services would conduct when they are not under severe regulation? they are not under severe regulation? the industry is substantial regulation? the industry is substantial and regulation? the industry is substantial and runs - regulation? the industry is substantial and runs £91; l substantial and runs £9.4 trillion worth of assets, and as of 2020, and 44% of those assets are managed on behalf of overseas clients, how the uk addresses this crisis and whether we retrain the support of all those clients is clearly an important consideration. in terms of, whatjohn glenn sjob