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Montevideo, April 26th 2024 - 20:00 UTC

Tag: United Kingdom

  • Friday, August 4th 2017 - 08:35 UTC

    Brexit uncertainty pounding the economy says Bank of England governor

     ”It's evident...that uncertainties about the eventual relationship (with EU) are weighing on the decisions of some businesses”, said Mark Carney

    The governor of the Bank of England has warned that uncertainty over Brexit is already weighing on the economy. Mark Carney's comments came as the Bank voted to hold rates and cut growth forecasts. It edged this year's growth forecast down to 1.7% from its previous forecast of 1.9% made in May and also cut the forecast for 2018 from 1.7% to 1.6%.

  • Friday, August 4th 2017 - 07:45 UTC

    British Labour party divided on support for Venezuela's Maduro regime

    Shadow foreign minister Liz McInnes called on the government of Venezuela to recognize its responsibilities to protect human rights, free speech and rule of law.

    Labour MP close to Jeremy Corbyn has criticized the US's decision to impose sanctions on the Venezuelan president. Chris Williamson said it would be “better to facilitate talks” between the government and opposition amid ongoing political unrest and violence.

  • Thursday, August 3rd 2017 - 08:02 UTC

    Post-Brexit triggers whisky industry controversy in Scotland

    Mundell said that identifying new markets and tackling tariffs,  UK government is paving the way for an even brighter future for Scotland's whisky industry.”

    With whisky boosting the UK economy by about £5 billion a year, Scottish Secretary David Mundell said ministers are keen to open up new markets around the world for the iconic drink. He spoke out ahead of a meeting on the island of Islay, in the Hebrides, which is home to several distilleries.

  • Thursday, August 3rd 2017 - 06:50 UTC

    Hammond and Macri agree to expand trade, investment and building closer links

    President Macri and Chancellor at the Olivos residence

    Argentine president Mauricio Macri received on Wednesday Chancellor of the Exchequer Philip Hammond, who had anticipated the purpose of the visit was to deepen UK-Argentine economic partnership and address political issues of common interest, such as the 2018 G20 summit and Argentina's aspiration to join OECD.

  • Wednesday, August 2nd 2017 - 08:36 UTC

    Lord Hague supports Hammond for pushing for a Brexit transitional deal

    The ex-foreign secretary indicated the Chancellor deserves credit for pushing for a transitional deal which preserves close ties to Brussels

    Philip Hammond has been backed by former Tory leader Lord Hague amid ongoing Cabinet tensions about the approach to Brexit. The ex-foreign secretary said the Chancellor deserves credit for pushing for a transitional deal which preserves close ties to Brussels, giving time for a new trading relationship to be established and avoiding turning Brexit into a “disaster”.

  • Wednesday, August 2nd 2017 - 07:33 UTC

    Hammond begins round of trade and political talks in Argentina

    Hammond is scheduled to meet ministers of economy, finance, foreign affairs, and with president Mauricio Macri

    The Chancellor of the Exchequer begins on Wednesday a round of trade, investment and political contacts in Argentina, following a two day visit to Brazil, as part of a tour of South America's biggest economy. It will be the most important visit of a British cabinet minister in over sixteen years to Argentina.

  • Tuesday, August 1st 2017 - 21:39 UTC

    The United Kingdom Needs More Europe, Not Less

     Mike Gapes Labour MP

    By Mike Gapes (*) For the future security and stability of our country, our continent and the world this is the worst possible moment for the UK to be leaving the European Union. Unfortunately, we are planning to leave our European partners at a time when there is going to be less and less agreement amongst the most important countries about how to deal with current and emerging global problems.

  • Tuesday, August 1st 2017 - 18:39 UTC

    EU Banking and Medicine authorities moving out of UK

    The Irish government is marketing Dublin, with a brochure that highlights the city's business culture as well as “beaches and mountains on its doorstep”.

    An estimated twenty European Union countries are expected to submit bids to provide a new home for two agencies that will be relocated from the UK after Brexit. The European Banking Authority (EBA) and European Medicines Agency (EMA), based in Canary Wharf in London, employ just over 1,000 staff between them.

  • Tuesday, August 1st 2017 - 08:22 UTC

    UK calls on Maduro to stop the division in the Venezuelan society

    Boris Johnson said that “the dubious Constituent Assembly vote has dramatically deepened the problems and ramped up tensions”

    British Foreign Secretary Boris Johnson called on Monday on Venezuela’s government to take urgent action to stop the division in society following Sunday's the Constituent Assembly vote. “Venezuela stands on the brink of disaster and Nicholas Maduro’s government must stop before it is too late. The country is turning on itself – more than 100 have died already – and democracy and basic rights are in jeopardy”, said Boris Johnson.

  • Tuesday, August 1st 2017 - 07:44 UTC

    Bank of England staff three day strike; first industrial action in over half a century

     Employees are unhappy about a below inflation pay rise of 1%; protestors plan to gather outside the BoE building wearing masks of Governor Mark Carney.

    A three-day strike by Bank of England support staff will go ahead after talks at the conciliation service Acas ended without agreement, the Unite union said. Employees are unhappy about a below inflation pay rise of 1% and protestors are planning to gather outside the Bank of England building wearing masks of Governor Mark Carney.