Tag: uk

NEWS

Iranian-British Citizen Sentenced To Death For Spying On Iran

The UK called Iran’s planned execution of former defense official Alireza Akbari ‘politically motivated’ and demanded his immediate release. Iran’s Supreme Court sentenced an Iranian-British citizen to death on charges of spying for the United Kingdom. Alireza Akbari was given the death penalty for “corruption on Earth and for harming the country’s internal and external security by passing on intelligence”, […]

BUSINESS

UK Sees Drop In Living Standard

The Living standards in the UK has a taken a nosedive as the rise in cost of living takes a toll on people’s wages. Reports indicate that household incomes would be lowered by 7 percent in coming years once rising prices continue to impact household incomes. The number of people who are unemployed is also expected to rise by more […]

NEWS

Jailed Egyptian Activist On ‘Water Strike’ As UK PM Vows Support

Alaa Abd el-Fattah has stopped drinking water, his family says, as UK Prime Minister Rishi Sunak vows to lobby for his release. Jailed Egyptian activist Alaa Abd el-Fattah has stopped drinking water, his family said on Sunday, escalating his hunger strike as the United Kingdom’s Prime Minister Rishi Sunak said he will raise his case with Cairo during the COP27 climate […]

NEWS

UK Trade Minister Heads to Taiwan for Talks, Sparks China Rebuke

TAIPEI, TAIWAN — Britain announced Monday that a trade minister was heading to Taiwan for the first in-person talks since the coronavirus in a bid to strengthen ties with the island, a trip that sparked a rebuke from Beijing. Trade Policy Minister Greg Hands will co-host annual talks and meet with Taiwanese President Tsai Ing-wen during his two-day visit, the Department […]

NEWS

UK Prime Minister Liz Truss Changes Thus

UK Prime Minister Liz Truss has announced another U-turn in her government’s tax-cut plan in an effort to reassure financial markets. The British Prime Minister argued that she will reverse her plan to scrap an increase in corporation tax and admitted the government’s mini-budget had gone faster and further than many expected. It comes after the PM sacked her chancellor, […]

NEWS

UK Treasury Chief Jeremy Hunt Reverses Nearly All Tax Cut Plans

Treasury chief Jeremy Hunt scraps most of an economic package announced by the UK government just weeks ago. British Chancellor of the Exchequer Jeremy Hunt has reversed most of an economic package announced by the government just weeks ago, saying the country needed to rebuild investor confidence. Hunt said on Monday he was scrapping “almost all” the tax cuts announced […]

NEWS

UK Treasury Chief Jeremy Hunt Reverses Nearly All Tax Cut Plans

Treasury chief Jeremy Hunt scraps most of an economic package announced by the UK government just weeks ago. British Chancellor of the Exchequer Jeremy Hunt has reversed most of an economic package announced by the government just weeks ago, saying the country needed to rebuild investor confidence. Hunt said on Monday he was scrapping “almost all” the tax cuts announced […]

NEWS

G7 Countries Seek To Put Gold Pressure On Russia

The U.K., U.S., Canada, and Japan are seeking to punish Russia further with the ban on the imports of Russian gold. The aim is to cripple Moscow’s ability to fund the war in Ukraine. The UK PM noted that the latest move would “strike at the heart of Putin’s war machine.” According to reports, in 2021, gold exports to Russia […]

NEWS

Russia Up The Ante Against Foreign Journalists

Russia has barred a number of top UK-based journalists and defense figures as part of a series of sanctions, in response to UK measures on an array of Russian public figures. The BBC’s Clive Myrie, Orla Guerin, and Nick Beake, who have reported from Ukraine, and Director General Tim Davie are on the list of 29 media figures. So too […]

BUSINESS

U.K. Inflation Speeds Up At Fastest Rate In 40 Years

According to press reports, the U.K. is witnessing its fastest rise in prices in 40 years as higher energy bills take a stranglehold on millions of households. Inflation, the rate at which prices rise, leaped to nine percent in the 12 months to April, up from seven percent in March. Higher fuel and food prices, driven by the Ukraine war, […]