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Showing posts with the label UK

Truss declares 'action starts now' with mini-budget to drive growth and create jobs

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UK Chancellor Kwasi Kwarteng will unveil a mini-budget on Friday, which aims to break the “cycle of stagnation” in the British economy. The “fiscal event,” as it is officially known, will announce tens of billions of pounds of increased spending and tax cuts. Prime Minister Liz Truss said the plan will create more jobs, release extra funding for public services and lead to higher wages. “The Chancellor @KwasiKwarteng and I know what a great country this is,” she wrote on Twitter. “Our Growth Plan will unleash our potential and deliver better jobs, more funding for public services and higher wages for the British people. “The action starts now.” Mr Kwarteng is expected to tell the House of Commons: “Growth is not as high as it needs to be, which has made it harder to pay for public services, requiring taxes to rise. Read More : https://www.thenationalnews.com/world/uk-news/2022/09/23/truss-declares-action-starts-now-with-mini-budget-to-drive-growth-and-create-more-jobs/

Steve Barclay makes the case for Boris Johnson surviving confidence vote

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Boris Johnson's Chief of Staff Steve Barclay has issued a rallying message to Conservative MPs to stick with the prime minister in Monday's confidence vote in which he stressed that the government is delivering in the face of massive and unexpected challenges. "We have lost half of this Parliament to Covid. That is not the fault of the Prime Minister or of Conservative MPs – and our constituents understand that. But it will be our fault entirely if we choose to waste the remaining half of the parliament on distractions over leadership. The country faces many pressing challenges right now – so we must focus on what matters to the livelihoods of constituents rather than the obsessions of those on social media. My colleagues understand from their constituency work and surgeries just how much the cost of living situation is impacting hardworking people. Pressure on energy bills and food prices is causing real stress and anxiety across the country – and this will continue into ...

Day one of Queen Elizabeth's platinum jubilee celebrations - in pictures

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The official platinum jubilee portrait of Queen Elizabeth II has been unveiled to mark the start of the British celebrations of her 70-year reign. The monarch, 96, looks contented sitting on a cushioned window seat in her Windsor Castle home, with the historic residence’s famous Round Tower visible in the distance. With her hands resting on her lap and her hair curled in its familiar style, the queen is dressed in a dusky, dove-blue Angela Kelly coat made of wool Charmelaine. Read More : https://english.alarabiya.net/News/world

Britain stands by Rwanda asylum plan despite UN talks

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Britain’s Home Secretary Priti Patel has stood by her plan to send asylum seekers to Rwanda despite being urged to change course in talks with the United Nations refugee agency. Ms Patel defended the scheme at a meeting in Geneva with UNHCR chief Filippo Grandi, Rwanda’s Foreign Minister Vincent Biruta and other diplomats, insisting she was trying to save lives by deterring dangerous English Channel crossings. But Mr Grandi, who said his agency was proposing “concrete alternatives” to Ms Patel, did not back down on his criticism of a plan which he and some activists consider a potential breach of international refugee law. “Shifting asylum responsibilities is not the solution,” he said after the talks ended with no sign of the two sides seeing eye-to-eye. Ms Patel, who overruled concerns from her department’s top official to announce the Rwanda plan last month, promised to work with UN agencies but maintained that the deportations would not break human rights laws. The partnership with...

British PM Boris Johnson arrives in India for a two-day visit

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 British Prime Minister Boris Johnson arrived in India’s western city of Ahmedabad on Thursday for his two-day visit to the South Asian country as he seeks to bolster ties between the historical partners. The trip is Mr Johnson’s first to India and the first ever by any British prime minister to Ahmedabad — the capital of Prime Minister Narendra Modi’s home state Gujarat. The Prime Minister will visit a new factory being opened by a top British firm in Gujarat, as well as a biotechnology university working in collaboration with the University of Edinburgh. The city, a major commercial hub, is known as the "Manchester of India" for its cotton-textile industry and is the ancestral home to about half of the Anglo-Indian population in Britain. “As I arrive in India today, I see vast possibilities for what our two great nations can achieve together. From next-generation 5G telecoms and AI to new partnerships in health research and renewable energy — the UK and India are leading th...

UK borrowing higher than expected in February

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 Britain’s government borrowing was higher than expected in February as the gap between spending and tax receipts hit £13.1 billion, while rising inflation caused interest payments to surge by more than half. Public sector net borrowing in February was the second highest borrowing for the month, said the Office for National Statistics, and well above the £8.1bn expected by analysts. “This was £2.4bn less than in February 2021 but still £71.9bn more than in February 2020 before the coronavirus pandemic,” the ONS said. Borrowing for the first 11 months of the 2021/2022 financial year hit £138.4bn ― less than half of the level seen April 2020 to February 2021, when the public finances were hit by the extensive economic support dished out during the pandemic. Chancellor of the Exchequer, Rishi Sunak said the ongoing uncertainty caused by global shocks means it is more important than ever to take a responsible approach to the public finances. “With inflation and interest rates still on...