Britain’s new Labour government on Thursday lays out its flagship green energy infrastructure plan to parliament, as it also presents a multi-billion-pound energy partnership with the royal family’s holdings company. UK govt to launch flagship green energy plan The legislation will establish a publicly owned body called Great British Energy, which Prime Minister Keir Starmer...
Tag: Britain
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UK, Germany to boost defence ties in relations ‘reset’
Germany and Britain pledged Wednesday to cooperate more closely on defence and security issues as part of the new Labour government’s post-Brexit “reset” in relations with European allies. UK, Germany to boost defence ties in relations ‘reset’ On his inaugural visit to Berlin, UK Defence Secretary John Healey signed a joint declaration with German counterpart...
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UK faces fiscal hole if Labour govt grants above-inflation pay awards
3 min read Last Updated : Jul 22 2024 | 12:03 AM IST By Jennifer Creery The UK risks a return to strikes and a shortage of nurses and teachers if it doesn’t grant above-inflation pay rises, Chancellor of the Exchequer Rachel Reeves said, following reports of a fiscal hole as large as...
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Globally-mobile millionaires threaten to leave Britain over tax revamp
The Labour government reckons it can raise an extra 5 billion pounds a year by tackling domestic tax avoidance. Photo: Pexels 6 min read Last Updated : Jul 19 2024 | 12:34 PM IST For ultra-wealthy entrepreneur Bassim Haidar, living in London has become an expensive indulgence he can no longer justify. While...
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UK Leeds Riots: What led to hellish riots in Leeds – CNBC TV18
SUMMARY UK Leeds Riots: The riots started as a protest after the social services removed four children from a family of East European descent. While many on social, including Nigel Farage, have taken the opportunity to blame immigration for the social unrest in Leeds, the local Member of Parliament, Alex Sobel, responded demanding an apology....
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UK inflation stays at 2% target in June, leaving rate cut on ‘knife edge’
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...
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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...