Tag: United Kingdom

• Saturday, July 20th 2019 - 08:11 UTC

  UK Full-blown recession in a no deal exit from the EU?

  

  Britain might be entering a full-blown recession that a no-deal exit from the European Union would compound, blowing a 30 billion-pound hole in the public finances, a budget watchdog said. The Office for Budget Responsibility said the economy probably flat-lined or might have contracted in the second quarter.

• Saturday, July 20th 2019 - 07:02 UTC

  UK Armed Forces expected to receive a 2.9% increase before PM May steps down

  

  Two million United Kingdom public service workers including the Armed Forces are reportedly set to be given a £2 billion pay rise. The Times reports that soldiers will receive an increase of 2.9%, while police officers and dentists/consultants will both receive a 2.5% pay rise.

• Friday, July 19th 2019 - 09:57 UTC

  Falklands' government and fishing industry reject MLA Spink's 'breezy' Brexit

  

  The impact of Brexit on the Falkland Islands' fishing industry could be “significant” according to the fishing industry, contradicting lawmaker MLA Roger Spink’s view in last week's Penguin News that there were measures that could be undertaken to mitigate the impact of potential tariffs.

• Friday, July 19th 2019 - 09:36 UTC

  Incoming EC head open to grant UK more time: “we don't want a hard Brexit”

  

  The future head of the European Commission said she would be minded to grant Britain an extension to talks on its exit from the EU if London gave good grounds, adding that an orderly departure was important to launch future ties on a good footing.

• Friday, July 19th 2019 - 09:17 UTC

  Controversial UK defense contract will cost taxpayers an extra GBP 10 million

  

  Serco Group PLC said on Thursday it has settled with the UK Ministry of Defense after it initially took legal action against the government department for awarding a fire and rescue services contract to Capita PLC.

• Tuesday, July 16th 2019 - 21:42 UTC

  Enigma code breaking genius chosen to be on new £50 English banknotes

  

  Alan Turing was preferred over Stephen Hawking and Margaret Thatcher to feature on the highest-denomination bills in the country. The Bank of England has selected the face of the computer science genius whose most famous breakthrough proved decisive in the outcome of World War II against Germany to appear in the new £50 note (around 62 US dollars) due to enter circulation by the end of 2021.

• Tuesday, July 16th 2019 - 10:26 UTC

  UK, Ecuador agree Assange not to be extradited where he could be executed

  

  Wikileaks founder Julian Assange will not be extradited to any country with capital punishment, Britain's Minister for the Americas and Europe, Alan Duncan announced Monday in Quito after a meeting with Ecuador's Foreign Minister José Valencia.

• Sunday, July 14th 2019 - 15:04 UTC

  Argentina condemns British MEP's likening foreign fishing to Belgrano sinking

  

  Argentina harshly condemned the “lamentable declarations of British MEP Robert Rowland” in which he threatened foreign fishing in the Falklands area with “the same treatment as the Belgrano,” in reference to the Argentine cruise sunk by the United Kingdom during the 1982 war.

• Saturday, July 13th 2019 - 15:46 UTC

  Royal Navy sends Type 45 destroyer to Persian Gulf amid escalating tension

  

  The Royal Navy has announced the HMS Duncan, a Type 45 destroyer, will join HMS Montrose which is due to go in for “pre-planned maintenance” while still deployed.

• Friday, July 12th 2019 - 23:56 UTC

  Falkland Islands economy and Brexit…how tough will it be?

  

  Last week Penguin News reported on the uncertainty surrounding Brexit causing a slump in meat sales from the Falkland Islands Meat Company and lower prices.