Bank of England governor Mark Carney said it would be “extremely foolish” for the Bank of England to cut interest rates to try to combat low inflation. He reiterated comments made in February that the drop in prices was temporary and largely caused by the sharp fall in oil prices.
Spanish Foreign Minister Jose Manuel Garcia Margallo has renewed his bid to have Gibraltar excluded from the European Union aviation measures. According to Spanish wire reports he raised the issue in Riga during a conference of foreign ministers which was intended to focus on the crisis with Russia and Ukraine.
British territories including Gibraltar are being used by criminals and foreign officials to launder ‘corrupt’ money through the purchase of up market UK properties, according to the respected anti-corruption organization Transparency International.
The South Atlantic Air-bridge linking RAF Brize Norton in the UK with the Falkland Islands will no longer fly nationals from a list of countries and although no specific reasons were given, the release underlines that the “Ministry of Defense places the greatest importance on the security of its people, facilities and operations”.
British Prime Minister David Cameron welcomed President Peña Nieto of Mexico to Downing Street on Thursday afternoon as part of his State Visit to the UK.
The United Kingdom Newton-Picarte Fund supported Chilean researchers to participate in the Royal Academy of Engineering's innovation program. Under the Leaders Innovation Fellowships scheme, 15 Chilean researchers, who are already VIU CONICYT grant receivers, travelled to London and Oxford to attend a 10 day residential program.
Foreign Office minister Hugo Swire underlined the growing links of the United Kingdom with Latin America during the state visit of president Enrique Peña Nieto from Mexico, a country with which he feels a close affinity, and is 'integral to the success of the UK”.
Argentina and Chile defense ministers, Agustín Rossi and Jorge Burgos, attended this week a historic ceremony in which they signed a document declaring Tierra del Fuego free of anti-personal mines. During the meeting minister Rossi blamed the UK for not allowing Argentina to clear the mines in the Falklands/Malvinas Islands.
By Hugo Swire of the UK Foreign and Commonwealth Office - A year ago I spoke at a summit in London hosted by the Financial Times and the Foreign and Commonwealth Office (FCO) about how the UK could work most effectively with the ‘Pacific Alliance’.
London Heathrow and Star Alliance have won the World’s Airport of the Year at Air Transport World’s (ATW) 41st Annual Airline Industry Achievement Awards, honored jointly for their collaborative work on the new Terminal 2 at Heathrow.