Tag: United Kingdom

• Wednesday, October 12th 2022 - 09:26 UTC

  IMF anticipates recession in Germany and Italy next year and an almost halt for the UK economy

  

  The International Monetary Fund (IMF) on Tuesday predicted that Germany and Italy would both fall into recession next year, while Great Britain the G7 best performing economy this year, will come to an almost halt in 2023, following on the announcement of the mini budget by the Liz Truss government.

• Monday, October 10th 2022 - 09:49 UTC

  UK National Grid warns of possible rotating three hour blackouts this winter

  

  UK's National Grid has warned that rotating blackouts could happen this winter in the extreme case of gas shortages and reduced electricity imports from Europe. Households could experience a series of three-hour power cuts under this worst case scenario.

• Saturday, October 8th 2022 - 10:47 UTC

  UK representative challenges OAS Assembly to recognize Falklands right to self determination

  

  The United Kingdom called on the Organization of American States (OAS) on Friday to “recognize the right to self-determination” of the Falklands/Malvinas islanders who had decided to remain citizens of a British Overseas Territories and members of the British Family, despite Argentina’s sovereignty claims.

• Friday, October 7th 2022 - 10:24 UTC

  Liz Truss' Conservative party conference speech

  

  By Paula Keavenney (*) – The stakes could not have been higher as Liz Truss delivered her first party conference speech as prime minister. Against a backdrop of economic chaos, open party warfare and polling that shows she’s on course for a spectacular election loss, Truss insisted she was “determined to get us through the tempest”.

• Thursday, October 6th 2022 - 10:09 UTC

  Liz Truss after long term gas provision deals with Norway and Qatar

  

  The new government of Liz Truss is focusing in long-term gas deals with Norway, Qatar and other countries, as energy supply has become the priority of the United Kingdom and ensuring heating and lights this winter.

• Thursday, October 6th 2022 - 09:11 UTC

  Mortgage rates in UK on the rise, first time since 2014

  

  Mortgage rates in the UK have been going up for months, but recorded a sharp increase in response to the fall-out from the mini-budget nearly two weeks ago. First-time buyers and those looking to remortgage are affected.

• Tuesday, October 4th 2022 - 10:00 UTC

  Foreign Secretary at Falklands 40tth anniversary reception at Birmingham

  

  Great day for the Falkland Islands delegation at the Conservative Party conference in Birmingham with some four hundred plus people attending the 40th Anniversary reception, and as guest of honor and speaker, Foreign, Commonwealth and Development Secretary, James Cleverly.

• Monday, October 3rd 2022 - 10:55 UTC

  Fernandez upgrades Falklands strategic position; promises to reinforce military presence in southern Argentina

  

  Argentine president Alberto Fernández again claimed sovereignty over the Falklands and other South Atlantic Islands, “usurped” by the United Kingdom, asking London to comply with international resolutions, since “this occupation could limit the flow of vessels between the Pacific and Atlantic oceans and the access to Antarctica.”

• Monday, October 3rd 2022 - 10:16 UTC

  Tory MPs furious with Liz Truss mini-budget: she's playing into the hands of Labour

  

  The shockwaves from the mini-budget presented by Prime Minister Liz Truss and her Chancellor of the Exchequer Kwasi Kwarteng are still reverberating in the markets and politically more damaging, among members of the ruling Conservative party.

• Monday, October 3rd 2022 - 09:53 UTC

  Largest ports in UK Felixstowe and Liverpool on strike

  

  The dockworkers at Felixstowe, the largest port in the United Kingdom have started an eight-day strike in protest over their wages and inflation, overlapping with an ongoing strike at the Port of Liverpool.