Tag: United Kingdom

• Wednesday, October 12th 2011 - 21:30 UTC

  UK unemployment at its highest since 1994 reaches 2.57 million

  

  Unemployment in Britain has jumped to its highest level since 1994, with young people hit hardest as private companies fail to make up for job losses in the public sector, piling pressure on the government to boost a stagnant economy.

• Monday, October 10th 2011 - 05:13 UTC

  UK Defence minister admits ‘mistakes’; PM Cameron decides Monday

  

  British Defence Secretary Liam Fox has apologised over his working relationship with his former flatmate and best man Adam Werritty. Fox said it was “a mistake to allow distinctions to be blurred between my professional responsibilities and my personal loyalties to a friend”.

• Saturday, October 8th 2011 - 08:16 UTC

  Moody’s downgrades 12 UK finance firms on fears BoE will not rescue weak banks

  

  Moody's has downgraded the credit rating of 12 UK financial firms including Lloyds TSB, RBS, Nationwide and Santander UK. The ratings agency said it now believed the government was less likely to support firms that got into trouble.

• Wednesday, October 5th 2011 - 16:39 UTC

  “UK will protect the Falklands as long as they want to remain British” says Defence chief Fox

  

  Britain will protect the people of the disputed Falkland Islands for as long as they want to remain British citizens, Defence Secretary Liam Fox said on Wednesday speaking at the annual conference of the ruling Conservative Party.

• Tuesday, October 4th 2011 - 06:53 UTC

  UK relation with OTs (including Falklands) is based on ‘the choices of the peoples’

  

  The United Kingdom relationship with the Overseas Territories “is based on the choices of the peoples” said Monday British representative Philip Parham before the UN Fourth Committee on Decolonization in response to several statements from Latin American delegates regarding the Falkland Islands and sovereignty discussions with Argentina.

• Monday, October 3rd 2011 - 21:33 UTC

  S&P tells UK to stick to plans to cut budget deficit if not credit ratings could be reviewed

  

  Britain's prized triple-A sovereign debt rating could come under pressure if the government strays from its path of public deficit cuts in the face of weaker growth, credit agency Standard & Poor's said on Monday.

• Saturday, October 1st 2011 - 05:36 UTC

  UK worst place to live in Europe for quality of life, says uSwitch.com

  

  The UK is now the worst place to live in Europe for quality of life and overall wellbeing, according to research by comparison site uSwitch.com. The high cost of living and work-driven culture means that Britain now sits at the bottom of a Quality of Life index. Ireland doesn’t come far behind in second place.

• Thursday, September 29th 2011 - 06:36 UTC

  UK rejects EU sponsored financial tax: “Euro crisis not Britain’s problem”

  

  The UK has rejected a call from European Commission president Jose Manuel Barroso for a new continent-wide banking tax to help raise billions to ease the Euro zone debt crisis.

• Thursday, September 29th 2011 - 00:40 UTC

  ‘Why support Argentina financially when the country threatens Falklands?’

  

  Why should the UK support Argentina financially when the country is acting against British interests particularly in issues such as the Falkland Islands, asks an article in the Mail-online.

• Tuesday, September 27th 2011 - 05:15 UTC

  UK reaffirms Falklands’ sovereignty: ‘they are British and not negotiable’

  

  The UK has no doubts about Falkland Islands sovereignty: ‘they are British and they are not negotiable’, said on Monday a Foreign Office spokesperson in reply to a Sunday statement from the G77 plus China calling on Argentina and UK to resume sovereignty negotiations over the South Atlantic Islands.