A $10 billion green energy war chest being proposed by Britain’s opposition leader Keir Starmer could spark a vaccine-style sprint to net zero but will only work if a future Labour government throws its full weight behind the plan, analysts have said. Mr Starmer used an election rally in Scotland on Friday to say his...
Tag: UK
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US, UK air strikes hit several sites in Yemen – World News
SANAA The United States and Britain have carried out air strikes on several sites in Yemen in what they said was a bid to degrade Huthi rebels’ ability to conduct attacks on maritime shipping. AFP journalists heard loud explosions in the capital Sanaa and the port city of Hodeida overnight from Thursday to Friday. The Huthi-controlled television...
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120 business leaders back UK’s Labour in election – Latest News
LONDON The U.K.’s Labour Party on Tuesday won the backing of 120 business leaders, in a timely boost as it bids to oust the ruling Conservatives in the upcoming general election. The coalition of CEOs and other senior figures, which includes some well-known names from British business, said in a joint letter that it was “time...
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Fewer top women earners in British finance since pandemic, shows report
Women make up a smaller proportion of top earners in British financial and professional services than before the Covid-19 pandemic. Image: Shutterstock 2 min read Last Updated : May 27 2024 | 8:35 AM IST Women make up a smaller proportion of top earners in British financial and professional services than before the Covid-19...
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UK General Elections 2024: All About Rishi Sunak, Keir Starmer And Other Key Players
The year of elections is set to witness yet another country going to the polls on July 4, 2024. Rishi Sunak, the Prime Minister of the United Kingdom announced an early election in Britain, on Wednesday. This comes as a surprise as it was believed that autumn was the anticipated time of elections as Sunak’s...
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Russia threatens to attack British targets as World War 3 fears explode
Moscow has issued a stark warning, with Foreign Ministry spokeswoman Maria Zakharova stating that Russia will target British sites if UK-supplied weapons are used by Ukraine to attack Russian territory, sparking World War 3 fears. Zakharova stressed that British targets “on Ukraine‘s territory and beyond its borders” could be hit. This follows an earlier warning...
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UK PM Rishi Sunak calls general election for July 4
British Prime Minister Rishi Sunak on Wednesday (May 22) announced that the general election will be held on July 4 and that the King has granted the dissolution of parliament. Earlier, Sunak had said that the general elections in the United Kingdom will be held in the second half of 2024. Multiple British media outlets including BBC and the Guardian...
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UK inflation drops less than expected, dashing June rate cut hopes
3 min read Last Updated : May 22 2024 | 2:33 PM IST Inflation in Britain fell by less than expected in April and a key core measure barely dropped, prompting investors to pull bets on a rate cut next month which could have boosted embattled Prime Minister Rishi Sunak before an election this...
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Britain’s regulator seeks to rein in Mastercard and Visa fees on retailers
The PSR’s 158-page interim report said estimates that the fee increases have added more than 250 million pounds to costs for UK businesses | File image 3 min read Last Updated : May 21 2024 | 2:24 PM IST There is little evidence that big fee hikes imposed by US duo Visa and Mastercard...
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Explained: The Blood Scandal That Infected 30,000 And Killed 3,000 People In UK
The UK public inquiry into the infected blood scandal will publish its final report on Monday to uncover what caused the deaths of over 3,000 people. This scandal, considered the deadliest to hit Britain’s National Health Service (NHS) since its start in 1948, involved thousands of people contracting HIV or hepatitis from contaminated blood transfusions...
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UK’s post-Brexit border arrangements to cost $6 bn after repeated delays
2 min read Last Updated : May 20 2024 | 9:05 AM IST The British government estimates it will spend at least 4.7 billion pounds ($6 billion) on implementing post Brexit border arrangements, after repeated delays in setting new rules, parliament’s spending watchdog said on Monday. Britain voted to leave the European...
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9 out of 10 UK Business Leaders Suffer From Tech Anxiety That Disrupts Their Sleep, BT Study Finds
While rapid digital transformations can result in many business benefits, a new study has revealed that they also take a toll on mental health. Nearly nine out of 10 U.K. business leaders say they suffer from tech-related stress that’s severe enough to disrupt their sleep. BT commissioned a survey of 2,000 business decision makers to...