Some policymakers are still concerned over the scale of price rises in the crucial services sector and the pace of wage increases. Photo: Pexels 3 min read Last Updated : Jul 17 2024 | 1:17 PM IST Inflation in the UK held steady at the Bank of England’s target rate of 2 per cent...
Tag: Britain
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Trumpets & tradition on display as King Charles presides over Parl opening
The King’s Speech dates back to at least the 15th century, and the traditions highlight that history. | Photo: PTI 6 min read Last Updated : Jul 17 2024 | 10:28 AM IST King Charles III will officially open the new session of Parliament on Wednesday, donning his ceremonial robes and the crown of...
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EU and Britain hold first talks to ‘reset’ ties after UK vote
“As we work to reset the relationship, we discussed strengthening security and economic cooperation – to create a safer and more prosperous Europe,” Thomas-Symonds wrote on X. Britain’s Prime Minister Keir Starmer in Berlin on Sunday. Photo: AFP Sefcovic described the meeting as constructive and said he was “looking forward to our cooperation”. Britain’s new...
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Starmer enjoys ‘honeymoon’ start as UK PM
Britain’s Keir Starmer could hardly have asked for a better first week as prime minister, from hobnobbing with fellow world leaders to England’s run to the final of the European football championships. Starmer enjoys ‘honeymoon’ start as UK PM But a rebellion brewing within his ruling Labour party over child welfare payments and a prisons...
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UK economy returns to growth, boosting new government
Britain’s economic output grew better-than-expected in May, official data showed Thursday, handing an early boost to the country’s newly-elected Labour government. UK economy returns to growth, boosting new government Gross domestic product growth came in at 0.4 percent in May, which compared with flat GDP in April, the Office for National Statistics said in a...
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New UK PM Starmer offers strong support for Ukraine at Nato summit
Newly elected British Prime Minister Keir Starmer is making his maiden appearance on the international stage. (Photo: Reuters) 5 min read Last Updated : Jul 11 2024 | 7:06 AM IST Newly elected British Prime Minister Keir Starmer is making his maiden appearance on the international stage with a strong signal of support for...
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UK PM Starmer vows robust Ukraine support on international debut
New Prime Minister Keir Starmer promised Wednesday to keep up Britain’s steadfast support for Ukraine and gave his blessing for strikes inside Russia with British missiles as he made his international debut at a NATO summit in Washington. UK PM Starmer vows robust Ukraine support on international debut Starmer’s unstinting message of continuity on Ukraine...
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1,000 jobs to be cut across Dyson’s offices in Britain
Dyson, the British appliance-manufacturing firm is trimming its workforce in the UK by about 1,000. That means, a quarter of its 3,500-strong team across offices in London, Bristol and Wiltshire will be let go. The company, which has been manufacturing vacuum cleaners, air purifiers, hair dryers and other appliances since 1991, has a global workforce...
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In British Politics, Individualism Is Back in Fashion
LONDON — Last Friday’s parade of new cabinet ministers into No. 10 Downing Street was more like a red carpet premiere than a well-scripted changing of the guard. Usually the rookie ministers stride into No. 10 looking sober, dressed in dark suits, sensible shoes and freshly coiffed and forgettable hairstyles. Not this time. Instead, ministers...
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Britain prioritising jobs in Tata Steel talks – minister – ET Infra
LONDON: Britain‘s new government is prioritising avoiding job losses in talks with Tata Steel over government backing for a transition to lower-carbon technologies, business minister Jonathan Reynolds said on Sunday. Tata, Britain’s biggest steel producer, started closing one of its carbon-intensive blast furnaces on Thursday while the shutdown of its other one is slated for...
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New British govt prioritising avoiding job cuts in Tata Steel talks
The new government will need to sign the 500 million pound ($635 million) support package the previous government agreed with Tata Steel to help build a lower-carbon electric arc furnace. Photo: Bloomberg 1 min read Last Updated : Jul 07 2024 | 3:27 PM IST Britain’s new government is prioritising avoiding job losses in...
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British fashion house Burberry is reportedly laying off hundreds of employees amid huge stock selloff
British fashion house Burberry Group Plc is expected to shed hundreds of jobs, mostly in the UK, following a sharp drop in its stock market value, the Telegraph reported. Employees were informed during a Zoom meeting in late June, with those affected told they were facing redundancy or having to reapply for their roles, the...