The fall of the British pound (sterling) may not be over, although it is likely to save a 1: 1 exchange rate with the US dollar, notes Bloomberg Intelligence analyst Audrey Childe-Freeman. He says there is a realistic chance that sterling could reach $ 1.15 in the second half of 2022, especially given the UK’s […]
Tag: Britain
Britain: Consumer confidence at its lowest level in 50 years
Confidence among British consumers fell to its lowest level in five decades in May as inflation continued to weigh household sentiment and squeeze real incomes. The GfK Consumer Confidence Barometer fell to -40 in May from -38 in April, the lowest level since 1974, when the survey was launched. The index, which tracks consumers’ perceptions […]
Υπ. British Defense Secretary: Two high-ranking Russian officers fired for ‘failures’ in war
Some high-ranking Russian servicemen have been fired or removed from the military due to failures on the Ukrainian front, the British Defense Ministry said in a statement. According to the information of the Ministry of Defense, the commander of the 1st Army Tank, Lieutenant General Sergei Kisel was removed because he failed to occupy Kharkov. […]
Britain: Strong increase in orders in manufacturing
The British manufacturing companies announced the strongest increase in orders in their history this month, while production grew at the fastest pace since July, according to data from the British Industrialists Association (CBI). The CBI data fits into a broader pattern of stable demand conditions for businesses, but concerns about the outlook for the year […]
British police complete investigation into Downing Street parties, 126 fines confirmed
The British police announced today that they have completed their investigation into the parties that took place during the lockdown for COVID-19 in the office of the Prime Minister Boris Johnson in Downing Street and that they had imposed a total of 126 fines. Johnson and Treasury Secretary Risi Sunak were among those fined last […]
London imposes new sanctions on Russian airlines
Britain announced today that it is introducing new sanctions against the Russian aviation industry in order to prevent Aeroflot, Ural Airlines and Rossiya Airlines from selling unused landing crates at British airports. The British government has announced that it estimates that the landing crates are worth εκα 50 million ($ 61.9 million). “We have already […]
Britain: ‘Green trade’ could end global energy dependence on Russia
Green trade agreements could help end global oil and gas dependence on Russia, as well as relieve the world economy of its dependence on Vladimir Putin, according to a speech today. British Minister of Commerce Anne-Marie Trevelian. Russian President Vladimir Putin said yesterday that it was impossible for some European countries to quickly abandon Russian […]
Britain: One in four people skip meals because of punctuality
The sharp rise in the cost of living in Britain has forced two in three people to turn off the heating in their homes, almost half to drive less or change supermarkets and about one in four to skip meals, according to a survey. Among low-income citizens, one in three said they recently skipped meals […]
EU and Ireland concerned over Britain’s intention to amend Protocol on Northern Ireland
The European Union will have to respond “with all the means at its disposal” in the event that the United Kingdom decides to unilaterally amend the Northern Ireland status agreement after Brexit, European Commission Vice President Maros Sefkovic said today. Earlier, British Foreign Secretary Liz Tras threatened to propose a bill “in the coming weeks” […]
Escalating Britain vs. EU: Legislation within weeks for changes to the Northern Ireland Protocol
UK Secretary of State Liz Tras announced on Tuesday that in the coming weeks, the government of Boris Johnson will submit to the British Parliament a bill that will amend the Protocol on Northern Ireland, which is part of the Exit Agreement. of the UK from the European Union (Brexit). “I’m announcing our intention to […]
