
The Bank of England has kept interest rates on hold at 0.75% but indicated it may cut the cost of borrowing if global economic growth fails to recover or Brexit uncertainties persist. It said the UK economy was expected to pick up from its current weakness.

Ms. Faye O’Connor OBE has been appointed Her Majesty’s Ambassador to Uruguay in succession to Mr. Ian Duddy who will be transferring to another Diplomatic Service appointment. Ms. O’Connor will take up her appointment in August 2020.

A Royal Naval patrol vessel has returned to its home base in Portsmouth for the final time after spending 12 years on patrol around the Falkland Islands. Sailors and crew of the HMS Clyde have taken part in a decommissioning ceremony for the 13-year-old vessel before it is turned back over the BAE Systems for its future life in Brazil.

Prime Minister Boris Johnson won approval for his Brexit deal in parliament on Friday, the first step towards fulfilling his election pledge to deliver Britain's departure from the European Union by Jan 31 after his landslide victory.

Bet365 boss Denise Coates has received a £323m payday, confirming her position as the UK's best-paid executive. The co-founder of the online gambling firm was paid a £277m salary plus dividends as the popularity of online gambling continues to grow.

Prime Minister Boris Johnson in his Christmas message to the Falkland Islands points out the second commercial flight to South America as the great achievement of 2019, and assures that his government's support “for your right to determine your own political status is not going to change”

Britain's freshly-elected parliament prepared on Friday to move past years of partisan wrangling and initially approve Prime Minister Boris Johnson's divorce deal with the European Union.

Former British Prime Minister Tony Blair, Labour's most successful election winner, will tell the opposition party it must change course after its catastrophic defeat last week or disappear as a party of government.

The Queen is to set out the Conservative government's agenda for the year ahead following their decisive election win last week. Legislation to take the UK out of the EU on 31 January will be among more than 20 bills announced during Thursday's State Opening of Parliament. Other measures include guarantees on extra health service funding and longer sentences for violent criminals.

The number of cod which can be legally caught by the UK's fishermen will be halved next year. It was agreed in the early hours of Wednesday at Brussels talks on fishing quotas for 2020.