Britain’s economy has maintained its momentum in early 2024, with strong growth reported among service firms and business optimism reaching a two-year high, according to a recent survey. However, persistent inflation pressures are likely to keep the Bank of England cautious about
With interest rates holding steady at 5.25% since August, it may take some time before they begin to decrease. This poses challenges for the 1.6 million UK homeowners whose low fixed-rate deals are set to expire by the end of December 2024.
King Charles has been diagnosed with an unspecified form of cancer, Buckingham Palace announced. The diagnosis was made during recent treatment for an enlarged prostate. The 75-year-old monarch has begun regular treatments and will pause public duties during this time. However, he
London (Parliament Politics Magazine) – The United Kingdom slipped into a technical recession in the second half of last year after recording two consecutive quarters of negative economic growth, according to official figures. The Office for National Statistics (ONS) reported on Thursday
At a United Nations Security Council debate, Saudi Arabia’s Deputy Foreign Minister Waleed el-Khereji advocated for the creation of an independent Palestinian state to safeguard Palestinian rights. He condemned the forced displacement of Palestinians and rejected Israel’s claims of self-defense as justification
King Charles III was admitted to a London hospital on Friday for a scheduled procedure to address an enlarged prostate, Buckingham Palace confirmed. The 75-year-old monarch underwent the “corrective procedure,” which was planned in advance. Buckingham Palace reassured the public that the
Retail sales volumes in the UK plummeted by 3.2% in December, marking the steepest decline since the country was in a Covid lockdown. Official figures from the Office for National Statistics (ONS) revealed a significant drop in demand for goods, including a
The UK government is considering new regulations that would require foreign nationals to live in the country for 10 years before becoming eligible for social housing in England. The proposal, which also includes a requirement for a two-year connection to the local
Ukrainian President Volodymyr Zelenskyy condemned Western allies for failing to sanction Russia’s nuclear industry, accusing them of showing weakness. In his address at the World Economic Forum in Davos, Zelenskyy highlighted the threat posed by Russian control of Ukraine’s Zaporizhzhia nuclear power