Rising inflation will hit Britain harder than any other major economy during the current energy crisis, the Governor of the Bank of England (BoE) has warned. The British economy is likely to weaken earlier and more sharply than others as a result of the energy price shock facing all European economies. The situation is further […]
Tag: Britain
Britain extends tariffs on imported steel until 2024
The United Kingdom has said it will maintain tariffs on imported steel until at least mid-2024 to protect British domestic industry, despite concerns that the measure could run counter to WTO rules, according to the agency. Bloomberg. The lifting of the tariffs could “deal a severe blow to UK steelmakers,” British International Trade Secretary Anne-Marie […]
Britain has imposed sanctions on the second richest man in Russia
Britain today announced the imposition of sanctions on oligarch Vladimir Potanin, known as “The King of Nickel”, whom he described as the second richest man in Russia. Potanin is on the list of people against whom the latest wave of 13 new sanctions will be imposed, including other businessmen, financial companies and other entities. “Potanin […]
Scotland: Local Government Plans New Independence Referendum for October 2023
Local Scottish Prime Minister Nicholas Sturgeon said on Tuesday that Scotland’s local parliament would pass a bill calling for a new referendum on the country’s independence from the United Kingdom on October 19, 2023. Under British law, and given that the UK is not a federal country, the final say on whether or not to […]
British GEETHA leader: We live in moments of 1937, Russia even greater threat when the war in Ukraine ends
Russia is likely to pose a greater threat to European security when the war in Ukraine ends, Chief of General Staff General Patrick Saunders said in a speech on Tuesday. “Although Russia’s contractual capabilities will be severely diminished, even for a short time due to the losses in Ukraine, Putin’s declared intention for Russia to […]
Britain: Rising cost of living pushes Britons for cheaper food solutions
British consumers are turning to cheaper alternatives to their supermarket shopping, trying to cope with the skyrocketing cost of living. A NielsenIQ survey showed an increase in sales of frozen chicken (12% year-on-year), rice and cereals (11%). Canned beans and pasta (10%), canned meat (9%) and pasta (31%) also increased. On the contrary, sales of […]
Britain-Brexit: Northern Ireland trade bill passes first parliamentary test
Legislation allowing Britain to repeal some of the rules for trade with Northern Ireland in the post-Brexit era passed yesterday, Monday, the first in a series of several parliamentary tests. Prime Minister Boris Johnson is putting pressure on his plans, causing outrage in the European Union. In addition to harsh criticism, MEPs voted 295 to […]
London helps ensure stolen Ukrainian wheat does not reach the market
Britain is providing technology to ensure that any grain stolen from Russia by Ukrainian facilities does not reach the world market, British Environment Minister George Justis said today. Russia’s invasion of Ukraine on February 24 and the blockade of the Black Sea ports prevent the country, which is traditionally one of the world’s largest food […]
Brexit: London pushes for tougher trade provisions with Northern Ireland
The government of Prime Minister Boris Johnson is expected to continue pushing today to repeal provisions for trade with Northern Ireland in the post-Brexit period, sparking a possible escalation of the confrontation with the European Union. The legislation, which will unilaterally replace parts of the post-Brexit relations agreement reached between Britain and the EU in […]
B. Johnson: Appeal to the G7 not to ‘leave’ Ukraine
LAST UPDATE: 08:34 British Prime Minister Boris Johnson appealed to G7 leaders not to “leave Ukraine” on Saturday, more than four months after the Russian invasion of the country, warning of any “fatigue” in support. of Kiev and announcing additional financial assistance. “Ukraine can and will win. But it needs our support to make it […]
