Strikes are bad for the hospitality sector
The profit lost by UK pubs, hotels and restaurants to strikes in December was £1.5bn, British Hospitality Association (BHA) head of hospitality Kate Nicholls said on Friday.
"We have recorded cancell...
Trial and strikes
Trades Union Congress is ready to sue the authorities if new laws restricting workers' rights to strike are passed. Paul Nowak, the elected head of the union association, said this in an interview with the Financial Times on Thursd...
Three-day strike
More than 1,000 border control staff working at major UK airports began a three-day strike on Wednesday, which will cause serious inconvenience to passengers in the run-up to New Year. The strike has affected Heathrow and Gatwick, a...
Criticism of BP
Oil and gas corporation BP has been the target of harsh criticism from environmental activists over its 2023 investment plans. This was reported by The Guardian newspaper.
The publication claims that BP intends to invest $7.5 billio...
Boxing Day strikes
Strikes by British railway workers have forced thousands of people in the United Kingdom to change their plans over the Christmas period and cancel visits to friends and family. This was reported by T...
New political adviser
British Prime Minister Rishi Sunak has appointed his close friend, political analyst for the weekly magazine The Spectator and The Times columnist James Forsyth, as his political assistant. This was reported by The Gu...
The Prince Andrew Scandal
Britain's King Charles III has stripped the office of his younger brother Prince Andrew at Buckingham Palace after a sex scandal in the United States forced h...
GPD in Q3
The UK economy contracted by 0.3% in the third quarter instead of the expected 0.2%. This is evidenced by a report released Thursday by the Office for National Statistics (ONS) of the ...
UK GDP
The United Kingdom's exit from the European Union (Brexit) has cost the UK £33bn in lost investment and trade revenue by June 2022. That is the conclusion contained in a study published on Wednesday by the Centr...
Labour force in the UK
Early retirement and an ageing population are among the main drivers of labour shortages in the United Kingdom. This was the conclusion reached by the authors of a report published on Tuesday by the House of Lords Economic Aff...
Migrants from Rwanda
The High Court of Justice has ruled that the UK government's programme to expel migrants arriving illegally in the country to Rwanda while their asylum applications are bein...
UK interest rates
The Bank of England has raised its rate for the ninth consecutive time, by 50 basis points, to 3.5 per cent per annum, according to a statement on the regulator's website.
"The Bank of England's Monetary Policy Committee (MPC) vot...
Chips from ARM
The British company ARM has decided to stop supplying the latest technology to China. This was reported by the Financial Times.
According to the newspaper, such a step of the manufacturer is connected with the fact that "the USA and ...
The trial of Zhang Li in London
Police in London have detained Chinese billionaire and chairman and CEO of development company Guangzhou R&F Properties Zhang Li. It was announced in a statement published on Tuesday night on the company's officia...
Financial sector reforms
The UK will carry out the first reforms to its financial sector after leaving the European Union (Brexit) to make it internationally competitive.
This was said by ...
Europe's financial capital
London will no longer be the financial capital of Europe after the UK leaves the European Union in February 2020. This was announced on Wednesday by Stephane Boujnah, CEO and chairman of Euronext stock exchange, in an inte...
Ripple of Hope award
The Duke and Duchess of Sussex Harry and Meghan Markle have received the Ripple of Hope Award from the Robert F. Kennedy Foundation for Human Rights of America (1925-1968) for their efforts in the fight against racism. It was an...
Keir Starmer about the House of Lords
The leader of the United Kingdom's opposition Labour Party, Keir Starmer, has said he intends to abolish the House of Lords, the upper house of the British parliament, if he comes to power. He made the announcem...
Chaos over strikes
The UK government is developing plans to minimise the impact of possible major strikes and is discussing the possibility of involving military personnel in the role of striking public sector workers who are demanding a pay rise am...
Global stock markets
Two of the UK's most popular funds were hammered, notably the technology-focused Scottish Mortgage Investment Trust.
Seraphim Space Investment Trust was launched with great pomp last summer as a UK fund focused on space technol...
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