The £20.3bn spent bailing out Lloyds Banking Group during the financial crash has been re-paid in full, UK chancellor Philip Hammond has said. Nine years after the government bought 43.4% of Lloyds, the taxpayer has now got slightly more - £20.4bn - back.
The European Union could reevaluate its position on the disputed Falkland Islands after Britain leaves the bloc, Argentina’s foreign minister said in Brussels, where she attended a meeting with EU negotiators on Mercosur/EU trade discussions.
How strong is the UK economy? The issue was debated between Theresa May and opposition leader Jeremy Corbyn during Prime Minister's Questions in the House of Commons shortly before the Wednesday vote confirming the June 8 election.
The King of Spain’s state visit to Britain, which will coincide with the snap June 8 general election, will go ahead, Downing Street has said. King Felipe VI will visit Britain along with Queen Letizia of Spain from June 6 to 8, as the campaign reaches its climax.
Prime Minister Theresa May announcement of a June snap election could strengthen her hand in the Brexit negotiations but the rest of the European Union was firm about its position in the two-year talks, insisting that their stance would be unchanged whatever the result.
United Kingdom Prime Minister Theresa May has announced plans to call a snap general election on 8 June. She said Britain needed certainty, stability and strong leadership following the EU referendum, and supporting her decision, said: “The country is coming together but Westminster is not.”
The British Ambassador to Spain, Simon Manley, has once again reaffirmed the British position on Gibraltar. In an interview on Spanish television in – La Noche en 24 – he said “we are not going to negotiate on the sovereignty of Gibraltar without the Gibraltarian people”.
Inflation in the United Kingdom held steady last month, as rising prices for food and clothing were offset by lower air fares. The UK Office for National Statistics, ONS, said inflation as measured by the Consumer Prices Index remained at 2.3%.
The RAF Hercules flight which last Saturday landed in the international Brazilian airport of Porto Alegre was flying from the Falkland Islands on a search and rescue mission, as part of a humanitarian effort, according to the Brazilian reply delivered to the Argentine foreign ministry, and reported by political analyst Martin Dinatale.
Britain is on the verge of an export and spending boom as economists rule out the likelihood of a slowdown this year. Strong global growth combined with the weak pound is expected to send overseas sales soaring, giving businesses the confidence to ramp up investment.