Tag: United Kingdom

• Friday, February 9th 2018 - 10:45 UTC

  Bank of England expects pace of interest rate increases to accelerate

  

  The Bank of England has indicated that the pace of interest rate increases could accelerate if the economy remains on its current track. Bank policymakers voted unanimously to keep interest rates on hold at 0.5% at their latest meeting. However, they said rates would need to rise “earlier” and by a “somewhat greater extent” than they thought at their last review in November. Economists think the next rate rise could come as soon as May.

• Friday, February 2nd 2018 - 07:31 UTC

  UK supports reelected Honduran president but demands respect for human rights and combating corruption

  

  UK expressed support for Honduran president Juan Orlando Hernandez who was re-elected in a controversial process, and calls on the new leader to make respect for human rights and the fight against corruption, the priorities of his administration. Fernandez took the oath of office on 27 January.

• Wednesday, January 31st 2018 - 20:00 UTC

  Gibraltar cannot be the whipping boy of Brexit Garcia tells EU

  

  In an address to a Brussels think tank, the (Germany's Liberal Party) Friedrich Naumann Foundation, the Deputy Chief Minister Dr Joseph Garcia has declared that it would be manifestly unfair to use Gibraltar as a whipping boy who was made to suffer the consequences of Europe‘s wider disagreements with the United Kingdom.

• Wednesday, January 31st 2018 - 09:22 UTC

  Theresa May three-day visit to Beijing to prop post-Brexit trade and her leadership

  

  British Prime Minister Theresa May was starting a crucial trade visit to China on Wednesday as she admitted the two countries will not always see eye-to-eye in sensitive areas like steel over-capacity and intellectual property rights.

• Wednesday, January 31st 2018 - 08:55 UTC

  UK economy expands 0.5% in fourth quarter and 1.8% for the whole of 2017

  

  The UK economy expanded at a slightly faster pace in the fourth quarter on services and manufacturing output, but the full-year growth was the weakest in five years, preliminary data from the Office for National Statistics showed. GDP grew 0.5% sequentially in the fourth quarter, while the rate was forecast to remain unchanged at 0.4%.

• Monday, January 29th 2018 - 10:56 UTC

  February 10, RMS St Helena departs on her last trip after 27 years service

  

  The unique Royal Mail Ship, RMS St Helena, will depart on a final voyage (268) from the remote South Atlantic island of St. Helena on Saturday, 10 February, having dutifully served for the past 27 years. The island, a UK Overseas Territory located 1200 miles off the west coast of Africa could only be reached by the ocean-going passenger-cargo ship service, until commercial flights began operating last October, following completion of an airport.

• Thursday, January 25th 2018 - 09:13 UTC

  Falklands will cease to accept the old UK £10 note on Monday 30 April 2018

  

  The Bank of England has recently introduced a new, more secure UK £10 banknote. The phasing out of the old UK £10 note will take effect in the Falklands as well.

• Wednesday, January 24th 2018 - 09:21 UTC

  Brazil's General Prosecutor invited to UK to discuss combating modern slavery

  

  Brazil's General Prosecutor of the Republic Raquel Dodge, is currently in London for a three-day visit sponsored by the UK government with the purpose of deepening and strengthening the leadership of both countries in the struggle against slavery.
  Ms Dodge is accompanied in her mission by UK ambassador in Brazil, Vijav Rangarajan.

• Friday, January 19th 2018 - 09:56 UTC

  Juncker pledges funding for Ireland's cross-border projects will continue after Brexit

  

  The president of the European Commission has indicated that funding for Ireland's cross-border projects will continue after Brexit. Jean-Claude Juncker said he could see “no more important use” of the European budget than maintaining the peace process in Ireland. He was speaking at the European Parliament in Strasbourg.

• Friday, January 19th 2018 - 09:32 UTC

  UK appoints a “minister of loneliness” to tackle the “hidden epidemic” that affects nine million Britons

  

  Britain appointed a “minister for loneliness” on Wednesday to tackle what Prime Minister Theresa May described as “the sad reality of modern life” affecting millions of people. Tracey Crouch, a junior minister for sport and civil society, will take on the role as part of a broader strategy to combat loneliness in Britain.