UK consumer price index to peak in early 2023 at 18% – nine times the UK central bank’s stated target. Bank of England – analysts at the US bank Citi predict as a possibility, based on the recent jump in energy prices. “The question now is what monetary policy can simultaneously reduce inflation without inflicting […]
Tag: Britain
Britain: The eight-day strike of the workers in Felixstowe begins today
A strike at Britain’s biggest cargo port begins today, with protests expected to last eight days, as strike fever continues across the country with workers in many sectors demanding pay rises to tackle record inflation. After three days of action on transport, mainly trains, it was today the turn of the workers at the port […]
Liz Truss: Recession ‘not inevitable’
British Foreign Secretary Liz Truss argues, in an interview she gave to The Sun newspaper and published today, that the recession is “not inevitable” and that it is possible to “seize opportunities”. “We hear very often that there will be a recession,” Trass says, adding, “I don’t think it’s inevitable.” “We can take opportunities here […]
Ukraine: Total US aid at $11 billion – Britain sees stagnation on the war fronts
#articleBody.article__body__new-york-times-opinion div.author-byline { position: relative; display: block; font-size: 1rem; line-height: 1.3em; color: black; font-style: italic; margin-top: 10px; margin-left: 15px; } #articleBody.article__body__new-york-times-opinion div.author-byline::after { content: ‘Opinion / The New York Times’; position: relative; display: block; font-size: 1rem; line-height: 1.3em; color: black; font-weight: bold; font-style: italic; margin-bottom: 10px; margin-top: 5px; } Russia’s invasion is near an operational […]
Health experts warn that Britain is facing a ‘humanitarian crisis’ due to energy issues
Britain is facing a “humanitarian crisis” this winter when low-income households will have to make tough decisions due to sky-high energy prices, the NHS Confederation has warned, citing an “unprecedented” risk of dying from the cold at home . “The country is facing a humanitarian crisis,” said Matthew Taylor, head of Britain’s National Health Service […]
Britain: Part of Wales has also been declared in a state of drought
A state of drought was declared today in part of Wales by the British authorities, a week after this measure was taken in most of England. The decision, which affects south-west Wales, mainly around the towns of Swansea and Llanelli, paves the way for local restrictions on water consumption, which were already in place in […]
Britain: Russia continues to bomb Kharkiv to prevent Ukraine from using forces elsewhere
Russia is continuing its steady shelling on the northeastern front of Kharkiv to tie down Ukrainian forces and prevent them from being used for counter-attacks in other areas, Britain’s Ministry of Defense said today. Kharkiv, which is about 15 kilometers from Russian front lines, has been bombarded steadily since the start of Russia’s invasion of […]
Britain: Plunge to low since 1974 for consumer confidence
Consumer confidence in the UK has fallen to a record low as fears of a looming recession intensify as runaway inflation increases pressure on household finances. Specifically, according to GfK, its consumer confidence index fell by 3 points to -44 in August, the lowest level since records began in 1974. All individual measures of the […]
Britain: Strikes are expected to paralyze the transport network in London today
London’s transport network is expected to be paralyzed today as tube and bus workers strike over pay and working conditions, with double-digit inflation eating into wages. All London Underground lines are expected to be affected today, commuter rail services in the capital will be reduced and bus services in west London will also be limited, […]
Liz Truss maintains a wide lead in the race for prime minister
Foreign Secretary Liz Truss remains well ahead of her rival Rishi Sunak in the race for the leadership of the Conservative Party and the British Prime Minister, a YouGov poll for Sky News showed today. The ruling Conservative Party is voting by mail to choose its new leader after Boris Johnson said he would resign […]