Tag Archives: prime minister

Ukraine crisis prompts UK to backtrack on economic crime law – EURACTIV.com

Russia’s invasion of Ukraine has prompted a U-turn by the British government, which has fast-tracked its Economic Crimes Bill, legislation promised since 2016, to help “flush out oligarchs, criminals and kleptocrats”. The bill, introduced in the UK parliament this week, would establish a new foreign entity register requiring anonymous foreign …

Read More »

£430bn wiped from London-listed Russian stocks as Moscow market remains closed

gHello. There is still no end in sight to the spiraling energy crisis as oil prices continue their relentless climb. Benchmark Brent crude soared above $111 a barrel – an increase of more than $10 since Russia invaded Ukraine less than a week ago. West Texas Intermediate also surged above …

Read More »

Main items that will not be included in your travel insurance if you catch coronavirus

Travel is back on the agenda as many Britons race to return to some form of normalcy after the coronavirus pandemic. Fully vaccinated people traveling to the UK no longer have to take Covid tests when entering and leaving the UK. Prime Minister Boris Johnson has also announced that he …

Read More »

Everything goes up in price from April – gas, electricity, national insurance, Sky and more

Millions of people across Britain will find it harder to balance their family budgets this year as household bills are set to rise. Coupled with a rise in National Insurance and rising inflation, the squeeze will really kick in from April 2022, when many of the increases come into effect. …

Read More »

No 10 pressured me to drop anti-money laundering measures, says ex-minister | Foreign Police

A former Tory minister, once at the heart of efforts to tackle money laundering in London, has revealed that during Theresa May’s tenure as Prime Minister, No 10 ‘leaned on him’ when he tabled amendments to introduce a public register of property owners abroad. Lord Faulks said he first tried …

Read More »

Gove calls for devolution of commercial tariff control to England’s mayors

Control of England’s main commercial property tax should be given to directly elected mayors to boost investment, according to the minister overseeing the UK government’s ‘race to the top’ program to tackle regional inequality. Following the launch of his long-awaited policy white paper outlining plans to improve ‘left behind’ parts …

Read More »

FirstFT: UK and US finalize Russian sanctions plans

Hello. This article is an on-site version of our FirstFT newsletter. Sign up for our Asia, Europe/Africa or Americas edition to get it delivered straight to your inbox every weekday morning Russian oligarchs with ties to President Vladimir Putin who have British investments will be hit with tough new sanctions …

Read More »

UK to introduce new laws to target Russian banks and oligarchs with sanctions

The UK will introduce new legislation to impose tougher sanctions on Russian banks, energy companies and “Kremlin-friendly oligarchs”, Foreign Secretary Liz Truss announced on Sunday, amid growing tensions between the Ukraine and Moscow. “We will introduce new legislation so that we can hit targets, including those that are essential to …

Read More »

No 10 denies he was behind Met request to amend ‘partygate’ report

JThe former prime minister has weighed in on ‘partygate’, saying she expects those involved in ‘partygate’ to take ‘full responsibility’ if Sue Gray’s report uncovers wrongdoing. The Maidenhead Advertiser, the former Prime Minister’s constituency weekly, reported his comments: “I fully understand the disappointment and outrage voters have shared with me. …

Read More »

How the Brexit doommongers got it wrong: Britain’s economy is back in power

As Britain settles into the post-Brexit era, it would be wrong to judge Britain’s world-class financial sector and the strength and creativity of the economy by appearances. Covid and working from home have left the normally crowded lanes of the City of London and the crowded squares among the towers …

Read More »

FirstFT: US orders families of embassy staff to leave Ukraine

Hello. This article is an on-site version of our FirstFT newsletter. Sign up for our Asia, Europe/Africa or Americas edition to get it delivered straight to your inbox every weekday morning The United States ordered the family members of its embassy staff to leave Ukraine on Sunday due to the …

Read More »

Prime Minister urged to “end homework and revive the economy” | Politics | News

Demands for a return to “normalcy” have multiplied, with official figures showing that Covid cases are now on the decline in almost all regions of the country. The current restrictions, known as Plan B, expire on January 26 and will be reviewed in a fortnight by ministers. The measures include …

Read More »

Injured Prime Minister and struggling economy force England to ‘become Swedish’ on Covid | Larry Elliott

gGovernment policy vis-à-vis Covid-19 has come full circle. For now, at least, England has returned to the Swedish way of dealing with the pandemic. The severe and officially imposed blockades are over. Trusting people to do the right thing is back. It remains to be seen whether this approach will …

Read More »

Cities cancel big New Years events around the world

(CNN) – For a while there it appeared that maybe we could ring New Years Eve in the big cities of the planet with something akin to the big celebrations of old. Another outbreak of Covid-19 and the rapid spread of the new Omicron variant of the coronavirus have dashed …

Read More »

UK reports record 122,000 coronavirus cases

The UK reported a record 122,000 coronavirus cases on Friday, leaving Boris Johnson awaiting new data on people hospitalized with the Omicron variant before deciding whether further post-Christmas Covid restrictions will be needed in England . The Prime Minister and key members of his cabinet will meet after Christmas to …

Read More »

Covid news live: UK warned of 2 million infections per day; Germany restricts travel from UK | World news

8:58 am GMT 08:58 British minister criticizes refusals of vaccines UK Health Minister Sajid Javid said unvaccinated people were “taking hospital beds” which could be used for someone else. Speaking on Sky News, Javid said that 10% of the population – more than 5 million people – still had not …

Read More »

US stocks fall after report showing sharp rise in producer prices

U.S. stocks fell after a report said U.S. wholesale prices rose at a record pace last month, further increasing pressure on the Federal Reserve to end its buying program more quickly of bonds. Wall Street’s benchmark S&P 500 fell 0.7% at the start of trading in New York, the tech-focused …

Read More »

Covid: Traffic and use of public transport down as guidance work reintroduced in England

Work at home which went into effect today had an immediate impact on traffic levels and the number of people using public transport across England, new statistics show. The government has urged people to work from home whenever possible starting Monday, under the new Plan B borders brought amid growing …

Read More »

Letters to the Editor: December 10

City leaders are afraid to make big changes Regarding the letter, City lacks vision and leadership (December 8) I think our “leaders” know what needs to be done. They are just afraid to do it. They have the vision, but not the spine. No one wants to step in, offend …

Read More »

Brexit, coronavirus tests rebound above 1.3200, UK GDP, US inflation in sight

GBP / USD is depicting a corrective pullback around its annual low, jagged after a three-day downtrend. UK says France will not get 104 full fishing licenses and Ireland will raise Brexit concerns with Britain. UK Health Minister Javid tried to allay “Plan B” fears, the BOE’s rate hike expectations …

Read More »

UK government launches plan to ease charge limit on pension fund investments

A fee limit protecting UK retirement savers from high fees is set to be relaxed further amid proposals to get pension funds to invest billions of pounds in unlisted investments like capital investment. On Tuesday, the government will announce its intention to exclude from the cap on corporate pension fees …

Read More »

UK to apply new Covid rules from Tuesday

The British government on Sunday defended the pace and scale of its response to the new Omicron strain of Covid-19 against criticism that it was late again. Health Secretary Sajid Javid said compulsory mask wear would return to shops and public transport in England on Tuesday, and told families to …

Read More »

Parthenon marbles should never have been removed, writes Boris Johnson | Parthenon marbles

Boris Johnson believed in 2012 that the Parthenon sculptures “should never have been removed from the Acropolis” and admitted that ideally they would continue to be seen in their entirety in Athens, reveals a letter shared with the Guardian. Writing to a Greek provincial official, the then Mayor of London …

Read More »

PM announces electric vehicle revolution

World-class regulations for new homes and buildings in England announced as government pursues electric vehicle revolution At the CBI, the Prime Minister expected the Green Industrial Revolution to be the greatest opportunity to unite and upgrade the UK, government and business working in partnership. Comes as the government invests nearly …

Read More »

British Business Bank checks on Greensill ‘woefully inadequate’, MEPs say

Up to £ 335million in taxpayer money could be at risk due to the British Business Bank’s failure to properly scrutinize bankrupt lender Greensill Capital, according to a new report. The MPs’ public accounts committee found that the bank, which oversaw the billions lent to businesses during the pandemic in …

Read More »

Why are the UK and the EU still arguing over Brexit?

LONDON – ‘Get Brexit done’ was British Prime Minister Boris Johnson’s slogan when he ran for office two years ago. Since then, the UK has withdrawn from the European Union after more than four decades of membership and several years of wrangling over divorce terms. And yet the bickering continues: …

Read More »

US military to ‘save’ a failing pandemic economy

Five days after President Joe Biden’s appeal to Chinese President Xi Jinping that many believed was a conciliatory move, the United States announced the secret military pact with the United Kingdom and Australia called Aukus, with an agreement for the supply of eight nuclear submarines to Australia. This would make …

Read More »

Central bankers move towards “normalization”

Bulletin: The Road to Recovery Expert coverage on the recovery of business and the economy after the pandemic. Delivered 3 times a week. This article is an in-place version of our Road to Recovery newsletter. Sign up here to receive the newsletter straight to your inbox three times a week …

Read More »

Nervousness over new wave of Covid blocks economic recovery in UK

Consumers visited and spent less in UK shops, bars and restaurants in June, according to new data, suggesting that the economic recovery has lost momentum following an increase in Covid-19 infections. Prime Minister Boris Johnson announced on Monday that he intends to move forward with removing all remaining coronavirus restrictions …

Read More »

Rachel Reeves says Labor government would buy Britain

A Labor government would seek to “make, sell and buy more in Britain” with larger public purchases from domestic companies under plans presented today by fictional chancellor Rachel Reeves. Reeves said the sourcing campaign will be accompanied in the future by a focus on more skilled jobs in green, digital …

Read More »

MPs slam UK government’s plan for economic recovery

A cornerstone of the UK government’s efforts for economic recovery from the coronavirus pandemic lack clear direction, ministerial responsibility or methods to measure its success, MPs warned in a report released on Monday. The House of Commons Trade, Energy and Industrial Strategy Committee expressed concern about the government’s growth plan, …

Read More »

Best New Children’s Books | Financial Times

UK Children’s Laureate Cressida Cowell last month launched the ‘Libraries that Change Life’ initiative, calling on the Prime Minister to set aside a set aside of £ 100million a year to invest in libraries primary schools. She points out that the government has introduced a bonus of several million pounds …

Read More »

UK takes slow road to escape risk in Scotland

Scottish First Minister and Scottish National Party Leader Nicola Sturgeon launches her manifesto in Glasgow, Scotland, Britain on April 15, 2021. The UK is taking the slow road to balkanization. Last week’s regional elections saw Prime Minister Nicola Sturgeon’s Scottish National Party and British Prime Minister Boris Johnson’s Conservative Party …

Read More »