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Price hikes
British regulator Ofgem announced on Thursday it would raise the electricity price cap from January, bringing the average price per kWh to 67p, up from 34p on October 1.
The en...
Trade between the two countries
Negotiations on the India-UK Free Trade Agreement (FTA) are "progressing well" and an agreement that works for both sides is more important than its signing date, UK Trade Policy Minister Greg...
Defence spending
Adhering to the spending review for 2021, the Ministry of Defence budget will increase in cash terms from £47.9bn this year to £48bn in 2023 and then to £48.6bn in 2024.
Meanwhile, CPI inflation is expected to ris...
Talks between the two countries
New British Prime Minister Rishi Sunak held a telephone conversation with Indian Prime Minister Narendra Modi, promising him to work to strengthen relations between the two...
The post of PM in the UK
Liz Truss formally stepped down as UK prime minister during an audience with King Charles III at Buckingham Palace. This was revealed in a Buckingham Palace release...
Struggle for PM post in UK
British Foreign Secretary James Spencer Cleverly has said he wants to see former head of government Boris Johnson back in the prime minister's chair following the resignation of Liz Truss.
"In the last few weeks...
The post of prime minister in the UK
British Defence Secretary Ben Wallace will not fight for prime minister following the resignation of Liz Truss and is ready to back former head of government Boris Johnson'...
Liz Truss's rating
British Prime Minister Liz Truss continues to lose support among voters. A YouGov poll published on Tuesday shows that only 10% of the UK population is now positive about her performance, down 5pc from a week ago.
Meanwhile, 80% ...
Liz Truss won't give an explanation
British Prime Minister Liz Truss has refused a demand from the opposition to make a statement on her decision to sack finance minister Kwasi Kwarteng and make a near 180-degree U-turn on her plans to cut...
Key rate
The Bank of England intends to resort to a more radical than planned key rate hike in response to the current difficult situation in the UK economy. The regulator's governor Andrew John Bailey said this, according to Sky News television on ...
Pound exchange rate
The British pound lost 1.5% of its value against the dollar on Friday on news of the dismissal of the kingdom's Finance Minister Kwasi Kwarteng. According to The Daily Telegraph, £1 now fetches $1.12, compared to $1.135 in ...
Plan to limit revenues
The U.K. government plans to impose income limits on renewable energy companies to reduce the impact of higher energy prices on the country's residents, Bloomberg News Agency reported, citing sources.
According to the agency,...
Studying has become more difficult
More than 300 thousand students in Britain want to interrupt the study, because they can no longer pay for it amid rising prices for electricity and food, as well as the high rate of inflation in the country. The G...
Job Rating
Mary Elizabeth Truss's job approval rating has fallen to a record low among all British prime ministers. This was reported by The Guardian on October 9, citing an Opinium poll.
Only 16% of the voters support the work of the politician.
...
The main musical event in Liverpool
The musical contest "Eurovision" in 2023 will be held in the English city of Liverpool. The announcement was made Friday by broadcaster Graham William Walker on the air of the BBC Broadcasting Corporation, wh...
UK tax rate
The government of new British Prime Minister Liz Truss has abandoned plans to cut the kingdom's maximum income tax rate from 45% to 40%. The announcement was made on Monday by the country's finance minister,...
Experts say
The Bank of England could hold an emergency meeting of its Monetary Policy Committee and resort to a more aggressive increase in the benchmark interest rate if sterling continues to fall at the same rapid pace as it has this week. The Ob...
Taxes in UK
The government of Liz Truss, who took over as prime minister of Great Britain on 6 September, is cutting taxes in the kingdom in order to stimulate economic growth. It was announced Friday morning in the House of Commons of the British P...
Boris Johnson's replacement
British Defence Secretary Ben Wallace, considered one of the main contenders for prime minister after Boris Johnson's resignation, said on Saturday he would not run for the position of leader of the ruling ...
The Ukraine war could last as long as ten years, Liz Truss believes, as she tells Western allies that Vladimir Putin's Russia is even less trustworthy than the former Soviet Union.
The Foreign Secretary said the Russian leader is a 'desper...
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ENGLAND NEWS
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