Following the launch of Britain's new post-Brexit immigration system, the Prime Minister said there is a 'massive shortage ' of IT and programming workers and immigration could be part of a trade deal, the Mirror reports.
UK Prime Minister Boris
Johnson has opened the door to an offer on immigration to secure a trade deal
with India.
During a visit to
India this week, the Prime Minister hinted that the UK could make a visa offer
as part of a future free trade agreement with Delhi.
Speaking to the press
entourage during the flight to India, he said there was a “massive shortage” of
skilled workers in fields like IT and programming in the UK.
"We are aiming
for an FTA (free trade agreement) by the end of the year,” he said.
Asked if
immigration could be part of the agreement, he said: "On immigration I've
always been in favour of having people coming to this country.
"We have a
massive shortage in the UK, not least in experts in IT and programmers. We're
short to the tune of hundreds of thousands in our economy.
"We need to
have a professional approach but it has to be controlled."
The Prime Minister arrived
in Ahmedabad this week where he was greeted by Gujarati chief minister
Bhupendrabhai Patel. He will take part in several business and cultural visits
in Gujarat before travelling to Delhi for talks with India’s PM Narendra Modi
on Friday.
Mr Johnson will use
his visit to tout more than £1 billion in new investments and export deals,
which will create nearly 11,000 jobs across the UK.
A major contract is
British-backed space firm OneWeb for satellite launches with New Space India
Limited, the commercial arm of the Indian Space Research Organisation.
The satellite
company has already engaged with Elon Musk’s Space X after being prevented from
using Russian rockets.
The UK needs
hundreds of thousands of skilled workers including nurses and IT specialists.
Food Shortages
on the way – time to act!
Food shortages and
even rationing could be on the way as the Russia Ukraine war continues.
Sanctions against Russia
are forcing up the price of everything from oil and gas to wheat and Fertiliser
chemicals. This is adding to existing problems of inflation caused by ‘government
money creation’, soaring shipping costs and supply chain issues in China.
Farmers are warning
of coming food shortages, as items like cooking oil disappear from supermarket
shelves.
“Over 36
countries depend on Russia or Ukraine for half their wheat imports”
Antonio Guterres,
UN Secretary General
The UN Secretary
General warned of rising poverty and added:
·
Wheat up 30%
·
Oil up 60%
·
Natural Gas up 50%
·
Fertiliser up 100%
The National
Farmers Union (NFU) reports:
“Ukraine is a major
supplier of wheat, barley, maize and oilseeds (particularly sunflower oil and
meal) to the global market meeting the needs of an estimated 400 million people
worldwide. The interruption of that supply with the closure of the Black Sea
ports is being hardest felt in North African and the Middle East countries most
reliant on Ukrainian wheat.
“The World Food
Programme estimates that its operational costs of feeding food insecure people
will increase by €26 million per month compared to current levels, €64 million
per month compared to pre-pandemic levels.”
The NFU warns of “an
acceleration in the rise of commodity prices”.
“Global commodity
prices were already rising steeply as the world economy emerged from the
pandemic – over the last 18 months wheat prices have risen nearly 110%, maize
and vegetable oil prices are up 140%, and soybean prices are up 90%. The
conflict in Ukraine has accelerated the rise in commodity prices, with wheat
prices increasing 70% since the invasion.” Source: NFU
Signs of poverty
are already being seen in the UK, a wealthy country.
$50 billion was
wiped off the value of Netflix as its share price dropped 35% following
reports that the company lost 200,000 subscribers in the first quarter of 2022.
Watch video
version.
Economy is in
winter season right now but…winters don’t last forever!
·
Bulk buy non-perishable consumer goods
and food as a hedge against inflation
·
Buckle down, tighten your belts and get through this,
you will survive!
·
Consider spreading the cost on direct debit to
cushion the blow.
·
Build your credit lines and watch your credit
rating like a hawk.
·
Earn more cash by doing part-time jobs or a
side-line business.
Watch my ‘5
Inflation-Busting Tips’ for money saving ideas to help you through
this. -https://youtu.be/2jZCO4V7uX0
Make the most of
your money and resources and learn how to get control and manage your finances.
Consider investing
in real assets which tend to hold their value and act as a hedge during times
of high inflation.
Assets like
property, stock and shares and gold have long been held as a long-term
inflation hedge.
Remember, you are
not alone. Get help, take advice, and use debt counselling services like
Citizens Advice if you are having trouble.
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