The UK economy is spiraling. The pound is falling. Here’s why.
Synopsis by Vox Oct 01 22
Prime Minister Liz Truss’s “Trussonomics” package of tax cuts have helped push the UK’s economy ...Read full article 
Vox: The UK economy is spiraling. The pound is falling. Here’s why.
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| Last Updated | Oct 01 22 |
| Total Articles | 2 |
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'The election could be horrific': Truss stares down Tory party dismayed by her terrible start
inews.co.uk/news/politics/liz-truss-unfazed-but-tories-dismayed-by-terrible-start-1888667
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'The election could be horrific': Truss stares down Tory party dismayed by her terrible start
inews.co.uk/news/politics/liz-truss-unfazed-but-tories-dismayed-by-terrible-start-1888667
Liz Truss endorses Donald Trump to win US presidential election: The ex-PM warns the "world was safer" under Donald Trump's presidency, and the West is "on the ...
bbc.com/news/uk-politics-68821646
Liz Truss: The world was safer under Trump: Former PM Liz Truss says she hopes Donald Trump wins the next US election.
bbc.com/news/av/uk-politics-68822886
Quick Glance: Liz Truss: The World Was Safer Under Trump
- Former PM Liz Truss expresses hope for Donald Trump to win the next US election, stating that the world is on the brink of a strong conflict and requires a strong America more than ever.
Silent Netanyahu weighs up collateral effects of Israeli retaliation against Iran
lemonde.fr/en/international/article/2024/04/17/silent-netanyahu-weighs-up-collateral-effects-of-israeli-retaliation-against-iran_6668710_4.html
UK lawmakers back landmark 'smoke-free generation' bill: A plan by Britain’s government to introduce a landmark smoking ban that aims to stop young people from ...
apnews.com/article/britain-smoking-ban-0780fd4fc9afcdc002a0544252ef907a
Quick Glance: UK Lawmakers Support Groundbreaking 'Smoke-Free Generation' Bill
- The British government's plan for a landmark smoking ban to prevent young people from ever smoking passed its first hurdle in Parliament despite opposition from within Prime Minister Rishi Sunak's Conservative Party.
- The bill, announced by Sunak, would make it illegal to sell tobacco products to anyone born after January 1, 2009, creating one of the toughest anti-smoking measures in the world to establish the 'first smoke-free generation' in modern Britain.
- The bill also includes measures to crack down on youth vaping, such as banning the sale of cheap disposable vapes and restricting their flavors to prevent children from becoming addicted to nicotine.
- The number of people who smoke in the U.K. has declined by two-thirds since the 1970s, but approximately 6.4 million people in the country still smoke, accounting for about 13% of the population. Smoking remains the number one preventable cause of death, disability, and poor health.
Ten Years to Save the West by Liz Truss review — as readable as a crisp packet: The former PM’s 300-page self-justification of her disastrous premiership is ...
thetimes.co.uk/article/liz-truss-book-review-ten-years-to-save-the-west-qgxgzkc8n
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Quick Glance: Liz Truss: From Premiership to Resignation in 49 Days
- Liz Truss became Prime Minister and resigned after just 49 days, despite her husband's prediction that 'it would all end in tears'.
- Truss assumed office on September 6, 2022, succeeding Boris Johnson, but faced early challenges and personal struggles.
- Despite implementing economic measures and facing political turbulence, Truss resigned after a mini-budget led to a pensions crisis.
- She reflects on her failed tenure, attributing blame to structural issues and drawing parallels to the controversial football manager Brian Clough.
Polish and Danish Prime Ministers talk about creating an Iron Dome for Europe: Polish Prime Minister Donald Tusk and Danish Prime Minister Mette Frederiksen have ...
pravda.com.ua/eng/news/2024/04/16/7451415/
Quick Glance: Discussion on Establishing an Iron Dome for Europe
- Polish Prime Minister Donald Tusk and Danish Prime Minister Mette Frederiksen discussed the idea of an Iron Dome to protect European cities from air attacks in the event of war.
- Tusk praised Frederiksen's positive response to Poland's proposal to join the project.
- The Iron Dome is an Israeli air defense system often used as a generic term for sky defense systems.
- German Chancellor Scholz previously suggested a pan-European air defense system in 2022, estimating a five-year timeline.
Angela Rayner: I'll stand down if I've broken the law: Labour's deputy leader says she will quit if she has committed a crime amid a row over where she lived.
bbc.com/news/uk-politics-68801671
David Cameron warns US politicians against ‘appeasement’ of Russia : UK foreign secretary steps up efforts to secure aid for Ukraine but is snubbed by senior ...
ft.com/content/178dc1ac-caa2-4518-9206-cb310398e168
Quick Glance: Cameron Warns US Politicians Against Russia Appeasement
- UK Foreign Secretary intensifies efforts to secure aid for Ukraine but faces rejection from a senior Republican.
- Cameron warns against 'appeasement' and emphasizes the need for military aid to Kyiv.
- Despite meetings with top US officials, Cameron failed to gain support from US Republicans.
- He faced limited reception on Capitol Hill and struggled to make an impact.
David Cameron holding talks in Israel to urge against war with Iran: The UK foreign secretary is expected to urge the Israeli government to avoid further ...
bbc.com/news/uk-68833121
Quick Glance: Israel artist calls for Gaza ceasefire
- The representative of Israel at the international art fair is calling for an immediate ceasefire in Israel’s war on Gaza.
- Ruth Patir’s video installation called (M)otherland was scheduled to open on Saturday at Israel’s national pavilion at the international art show but will remain closed for now.
- Patir stated on her website that the artist and curators are showing solidarity with the families of the hostages and the large community in Israel calling for change, rather than canceling themselves or the exhibition.
- It is believed that there are still individuals in Gaza, including 129 captives taken during the attacks led by Hamas on Israel on October 7, with 34 of them presumed dead.
Israelis have decided to retaliate against Iran, says UK's Cameron: Israel has clearly decided to retaliate against Iran for missile and drone attacks ...
timeslive.co.za/news/world/2024-04-17-israelis-have-decided-to-retaliate-against-iran-says-uks-cameron/
Quick Glance: The Night Iran's Missile Show Rattled Israel
- In Tehran, 'Operation True Promise' launched an unprecedented aerial assault on Israel.
- The direct clash between powerful militaries showcased Israel's defense and Iran's display of power.
- Despite minor damages and injuries, the question remains whether this attack signifies further escalation or the start of a war.
- The missile and drone strikes resulted in minimal damage, with Israel and allies successfully intercepting most projectiles.
Keir Starmer and Lindsay Hoyle face inquiry over Gaza ceasefire vote: Penny Mordaunt, the Commons leader, is believed to be backing a motion by rival MPs to ...
thetimes.co.uk/article/gaza-ceasefire-vote-lindsay-hoyle-keir-starmer-labour-fk89dswrh
Paid articlePaidQuick Glance: Keir Starmer and Lindsay Hoyle Face Inquiry Over Gaza Ceasefire Vote
- Following a tumultuous vote on Gaza, Sir Keir Starmer and Sir Lindsay Hoyle are set to undergo an inquiry in the Commons, supported by Penny Mordaunt and Conservative and SNP MPs.
- There is speculation that the motion in the Commons, with support from the Conservatives and the SNP, would lead to a potentially tricky investigation for Starmer before the elections.
- Voting on a ceasefire would have brought to light the internal divisions within the Labour party regarding the conflict.
- At the end of February, Hoyle caused a stir when he
UK economy grew by 0.1% in February: Second monthly GDP increase in a row raises hopes the UK is emerging from technical recession
ft.com/content/ccf16f8c-acb8-400e-bc73-ae1edbe9cc9b
Paid articlePaidQuick Glance: UK on Track to Exit Recession with Rising GDP
- Britain's GDP rose by 0.1% in February despite heavy rainfall affecting the construction sector and retail.
- Sectors like manufacturing and services experienced growth, while construction saw declines due to bad weather.
- Recent months of economic growth suggest the recession may soon come to an end, although pressure from the cost of living crisis and higher prices persists for households and businesses.
- Despite the positive growth in 2024, GDP remains below 2023 levels and has been stagnant since early 2022, with real wages continuing to decrease and many facing financial difficulties.
Liz Truss considered sacking Andrew Bailey as BoE governor after ‘mini’ Budget: Former UK prime minister hits at central bank and Treasury for being ‘fatalistic ...
ft.com/content/cf64f93d-91da-4ff6-9c58-c0c3ad404d99
What is the Rwanda bill? UK’s migrant plan explained: Britain's parliament is set to vote on Prime Minister Rishi Sunak's bill to allow the government to send ...
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Keir Starmer vows to sack aides behind ‘boys’ club’ briefings: Labour’s top team has a fairly even gender split — but critics in the party have used the press to ...
thetimes.co.uk/article/keir-starmer-labour-staff-sack-gws8djscd
Paid articlePaid UK growth forecast downgraded by IMF: GDP expected to increase by just 0.5% this year, the second-slowest rate in G7 after Germany
ft.com/content/47200602-d516-4312-a146-e011e937edef
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Israel to retaliate against Iran, warns David Cameron: UK foreign secretary calls on Jewish state to do ‘as little to escalate this as possible’ amid fears of ...
ft.com/content/9dd5e351-b0a4-4882-88e0-072e2933d3e7
Five key claims from Liz Truss’s new book about her downfall: Shortest-serving prime minister in British history attacks ‘global left’ in Ten Years to Save the ...
thetimes.co.uk/article/liz-truss-book-memoir-ten-years-save-west-g2thx8cxx
Paid articlePaid US, UK and Australia say Japan could join part of Aukus pact : Statement from security group members comes amid mounting focus on Chinese threat in Asia
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Quick Glance: US, Britain, Australia Consider Expanding AUKUS to Deter China
- The U.S., Britain, and Australia are initiating talks to expand their AUKUS security pact, with a focus on involving Japan as a deterrent against China, according to the Financial Times.
- The defense ministers will discuss 'Pillar Two' of the pact, aiming to jointly develop quantum computing, undersea, hypersonic, artificial intelligence, and cyber technology.
- The U.S. is advocating for Japan's inclusion in the second pillar while ruling out expansion of the first pillar, which involves supplying nuclear-powered submarines to Australia.
- Formed in 2021, the AUKUS pact aims to counter China's influence in the Indo-Pacific region. The potential addition of Japan to Pillar Two is expected to be announced soon.
Why Norfolk’s true-blue Tories are on a mission to unseat Liz Truss: The former PM is still said to harbour hopes of making a comeback, but in the constituency ...
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Merryn Talks Money Podcast: Climate Capitalism, Angela Rayner and Gold: It’s all in the latest edition of the Merryn Talks Money podcast.
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Netanyahu rebuffs Cameron’s call for restraint over Iran: Israeli PM thanks allies for ‘suggestions and advice’ but insists he will decide on a military response ...
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Brits want to ban smoking completely: In Great Britain, the minimum smoking age is to be raised every year, so that today's 15-year-olds will ultimately no ...
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Liz Truss says Boris Johnson knew Michael Gove was a serial leaker: Details of the long, fractious relationship between the two leading Tories are revealed in a ...
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The Ministry of Ungentlemanly Warfare: Based upon recently declassified files of the British War Department and inspired by true events ...
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Angela Rayner: police investigate multiple allegations: Force examines tax matters and other issues involving Labour deputy leader as questions continue over ...
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Lee Hsien Loong to step down: From maths prodigy to Singapore's third Prime Minister
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Quick Glance: Lawrence Wong to Assume Singapore Prime Ministership from Lee Hsien Loong on May 15
- On May 15, Lawrence Wong will officially become the Prime Minister of Singapore, succeeding Lee Hsien Loong.
- Wong garnered unanimous support from PAP MPs and will be sworn in at 8:00 pm on May 15, 2024 at the Istana.
- The leadership transition began two years ago when Wong was named as the leader of the PAP's 4G team.
- Wong will be Singapore's fourth Prime Minister, emphasizing commitment to creating a bright future for the nation with his team.
Iran’s drone, missile attack on Israel: Reactions from around the world: Iran’s Islamic Revolutionary Guards Corps said it launched dozens of drones and missiles ...
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Border Force officers at UK's Heathrow Airport to strike for four days: Hundreds of Border Force officers at Britain's Heathrow Airport are to strike for four ...
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Mark Pope might not be the coach Kentucky fans wanted, but he might be the coach UK needs
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Irish Parliament Votes to Appoint Simon Harris Prime Minister: Irish lawmakers voted Simon Harris to be the next prime minister three weeks after Leo Varadkar ...
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Iran has just strengthened Netanyahu’s hand: Israeli leader had been facing the heat over Gaza, but Tehran’s direct assault now makes it hard for allies to rein ...
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The Case for Progressive Realism: Why Britain Must Chart a New Global Course: Why Britain must chart a new global course.
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Israeli military vows response to Iran attack as calls for restraint mount: Israelis awaited word on how Prime Minister Benjamin Netanyahu would respond to ...
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Laughing at Liz Truss only proves her point: Westminster has stopped listening: There are problems piling up across Whitehall which will take creative thinking ...
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US provides minimal assurances that Assange will not be sentenced to death if extradited
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RAF fighter jets shot down Iran drones, Rishi Sunak says: The MoD says the RAF will repel "any airborne attacks within range" of its jets in the Middle East.
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Labour vows to fund NHS pledges by tackling tax dodgers: The party says its plans would raise £5.1bn a year but the government claims Labour would still raise ...
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PMQs scorecard: Sunak and Starmer fight over who dislikes Liz Truss more: Liz Truss bore the brunt at prime minister’s questions
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UK climate change minister Graham Stuart resigns: Britain's climate change minister Graham Stuart resigned from the government after eight years on Friday ...
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How much trouble is Angela Rayner in?: Rayner is under fresh pressure after the Mail on Sunday published a series of photos appearing to suggest Lowndes Lane was ...
spectator.co.uk/article/how-much-trouble-is-angela-rayner-in/
Bevan Fought for the NHS — and so Must We: A new play at the National Theatre celebrates Nye Bevan’s titanic struggle to create the NHS — a fight we must ...
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US, Europe to up Iran sanctions as Israel pressed to ditch threatened retaliation
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Kishida delights Washington with promise of 250 cherry trees as independence gift
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Quick Glance: Kishida's Promise of 250 Cherry Trees as Gift to Washington
- Japanese Prime Minister Fumio Kishida announced a plan to donate 250 cherry trees to the U.S. capital to celebrate the 250th anniversary of U.S. independence.
- The announcement was met with cheers and applause from U.S. lawmakers, highlighting the close ties between the United States and Japan.
- The relationship between the U.S. and Japan, which spiraled into a catastrophic war between 1941 and 1945, has evolved into a strong alliance, with Kishida being only the second Japanese prime minister to address the U.S. Congress.
- The donation of cherry trees from Japan in 1912 has become a beloved annual event in Washington, symbolizing the friendship between the two countries.
Protesters target home of Sir Keir Starmer to demand arms embargo on Israel: A group of pro-Palestinian activists have held a protest outside the home of Sir ...
news.sky.com/story/protesters-target-home-of-sir-keir-starmer-to-demand-arms-embargo-on-israel-13111575
UK’s Sunak urges ‘calmer heads’ after Iran attacks Israel: UK prime minister says he’ll stress the need to avoid ‘further escalation’ in call with Benjamin ...
politico.eu/article/uk-david-cameron-israel-use-head-heart-after-iran-attack-biden-sunak/
Jordan, the only Arab country that neutralized Iran’s attack despite its disputes with Israel
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PMQs live: Rishi Sunak and Keir Starmer to clash as police say Angela Rayner facing ‘multiple’ allegations
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Countries came to Israel's help during Iran's attack because Israel is their firewall - opinion
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Ailbhe Rea: Labour’s Tax Crackdown: Hi there, I’m Ailbhe Rea, a Bloomberg UK Associate Editor and Readout author. Hope you enjoy today’s newsletter.
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Passions run high as Lords insist on Rwanda bill changes: Peers continue standoff with MPs over legislation enabling asylum seekers to be sent to east Africa.
bbc.com/news/uk-politics-68833783
Rishi Sunak's attempt to ban smoking is nuts, says Boris Johnson: The proposed law aims to phase out tobacco sales by stopping anyone born after 2009 buying ...
bbc.com/news/uk-politics-68787914
As it happened: Iran attacks Israel with 300 drones, missiles; warns against retaliation - News | Khaleej Times
khaleejtimes.com/world/mena/israel-says-iran-has-launched-drone-attack-air-defences-poised
Three British aid workers killed in Israeli strike in Gaza named: John Chapman, James Henderson and James Kirby were among seven aid workers killed in the ...
bbc.com/news/uk-68711832
British lawmakers to vote on smoking ban for younger generations
reuters.com/world/uk/british-lawmakers-vote-smoking-ban-younger-generations-2024-04-16/
UK and Rwanda look forward to first migrant deportation flights in spring: British Prime Minister Rishi Sunak and Rwandan President Paul Kagame are looking ...
reuters.com/world/uk/uk-rwanda-look-forward-first-migrant-deportation-flights-spring-2024-04-09/
Slovakia: Peter Pellegrini's presidential victory affirms government's pro-Russian shift
lemonde.fr/en/international/article/2024/04/08/slovakia-peter-pellegrini-s-presidential-victory-affirms-government-s-pro-russian-shift_6667684_4.html
Quick Glance: Pro-Western Candidate Loses: Fico Ally Becomes New Slovak President
- The new Slovak President Pellegrini advocates for peace talks with Russia and opposes arms shipments to Ukraine.
- Peter Pellegrini wins the runoff with 53% against pro-Western candidate Ivan Korcok.
- Korcok accepts defeat and criticizes the election campaign as non-transparent.
- Pellegrini, an ally of the Russia-friendly Prime Minister Fico, emphasizes the importance of peace talks in the Ukraine conflict.
China war sales to Moscow surge as UK and US ban Russian metals: The UK and US have banned certain Russian-made metals, while China's sales of war parts to ...
euronews.com/2024/04/13/ukraine-war-uk-and-us-metal-ban-china-sells-military-parts-to-moscow-russian-influence-net
Nigel Farage is cancelled at last and he’s never been happier: Thanks to the Brussels police the National Conservatism usual suspects could feel they really were ...
theguardian.com/global/2024/apr/16/nigel-farage-is-cancelled-at-last-and-hes-never-been-happier
Wikileaks founder soon free? Biden announces a bang in the case of Julian Assange
fr.de/politik/assange-wikileaks-biden-russland-australien-london-prozess-gericht-auslieferung-zr-93002165.html
Quick Glance: Contemplating Prosecution Cessation for Wikileaks Founder Julian Assange
- President Joe Biden is contemplating Australia's request to cease the long-standing U.S. effort to prosecute Wikileaks founder Julian Assange for revealing American classified documents.
- There is a disparity in the treatment of Assange and Manning, with Obama shortening Manning's sentence while Assange remains under indictment. Supporters of Assange argue he is a journalist protected by the First Amendment who exposed U.S. military misconduct in Iraq and Afghanistan.
David Lammy: Ofcom to investigate Labour MP's show on LBC: The broadcast regulator said it would examine whether an episode broadcast on Good Friday broke rules.
bbc.com/news/entertainment-arts-68761130
Spain axes 'golden visa' popular with British expats: The scheme awards non-EU citizens investing in the property market
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This Rayner pile-on risks petty class war: Cheap, personalised squabbling surrounding the pursuit of Labour’s deputy leader is the last thing the country needs
thetimes.co.uk/article/this-rayner-pile-on-risks-petty-class-war-jhqf5ppbm
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theguardian.com/society/2024/apr/11/jeremy-paxman-says-parkinsons-makes-you-wish-you-hadnt-been-born
Sunak Under Pressure to Suspend UK Weapons Sales to Israel: Prime Minister Rishi Sunak is under mounting pressure to suspend British arms sales to Israel as ...
bloomberg.com/news/articles/2024-04-04/sunak-under-pressure-to-suspend-uk-weapons-sales-to-israel
Paid articlePaid With Japan PM Kishida in US, Biden Upgrades Defense Ties to Counter China: The US and Japan unveiled plans to deepen their security ties as President Joe Biden ...
bloomberg.com/news/articles/2024-04-11/biden-upgrades-defense-ties-with-japan-aimed-at-countering-china
Paid articlePaidQuick Glance: Biden criticizes Netanyahu's Gaza war approach
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- The U.S. increases pressure on Israel to achieve a ceasefire, straining the long-standing alliance.
- Disagreements over humanitarian aid and offensive plans in Rafah deepen the divide between the two countries.
- Israel slowly ramps up aid, but logistical issues and security concerns complicate deliveries.
British aid workers who died after airstrike in Gaza named: The three Britons are among seven aid workers who died after a convoy they were travelling in was hit ...
news.sky.com/story/two-british-aid-workers-who-died-after-airstrike-in-gaza-named-13106471
Quick Glance: Fatal Mistake: IDF Reveals Errors in Attack on Aid Workers
- A series of catastrophic mistakes led to the deaths of seven aid workers delivering crucial aid to Gaza.
- Investigations revealed serious errors in identification, resulting in a tragic outcome.
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- The IDF has taken responsibility, soldiers involved have been suspended, and a potential criminal investigation looms.
UK govt office admits ability to negotiate billions in cloud spending curbed by vendor lock-in
theregister.com/2024/04/04/uk_cddo_admits_cloud_spending_lock_issues_exclusive/
Stricter tax laws planned before UK elections - super-rich want to flee: Because they fear stricter tax laws in the UK, wealthy people are apparently worried ...
spiegel.de/ausland/steuern-in-grossbritannien-superreiche-fuerchten-um-ihr-vermoegen-und-wollen-fluechten-a-fee08a85-e1d3-45ec-9e5b-ec0b611bd115
Labour stoked ‘culture of intimidation’ over trans issues, health secretary says: Victoria Atkins hits out at opposition as Wes Streeting admits it was wrong for ...
thetimes.co.uk/article/labour-stoked-culture-of-intimidation-over-trans-issues-health-secretary-says-3jmffl37m
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Italy ready to send peacekeeping troops in event of Palestinian State formation: In today’s edition of the Capitals, find out more about Italy preparing to send ...
euractiv.com/section/politics/news/italy-ready-to-send-peacekeeping-troops-in-event-of-palestinian-state-formation-2/
Quick Glance: Italy's Readiness to Deploy Peacekeeping Troops for Palestinian State Formation
- Italy is considering deploying its peacekeeping forces to de-escalate the situation in Gaza and in the event of a Palestinian state being created with support from other nations.
- European citizens are increasingly interested in EU elections, speak favorably of enhanced EU defense policy, and have a more positive outlook on the European Parliament.
- Belgian Prime Minister Alexander De Croo condemned the decision to shut down an event gathering European hard right leaders in Brussels, leaving the possibility for the event to continue.
- Germany's Finance Minister Christian Lindner defended the country's debt ceiling as an 'inflation brake' and highlighted its role in controlling inflation.
First Minister condemns Iran attack on Israel as PM to make statement: Israel said Iran launched 170 drones, more than 30 cruise missiles and at least 120 ...
news.stv.tv/politics/first-minister-condemns-iran-attack-on-israel-as-pm-to-make-statement
US, UK ink AI pact modeled on intel sharing agreements: Bilateral AI agreement seeks to assess, regulate risks from emerging technology.
ft.com/content/4bafe002-4e38-4d2b-94e0-5a0d319252c5
Paid articlePaidQuick Glance: Musicians Warn of Existential Threat from AI
- Over 200 musical artists, including Billie Eilish and Pearl Jam, criticize the use of AI as an existential threat to their art in an open letter.
- The artists urge AI developers and technology companies to not violate the rights of human artists and devalue their work.
- Some major companies are utilizing artists' works without permission to train AI models aiming to replace human artists with AI-generated content.
- Emphasizing the importance of protecting human creativity from the threat of AI, the artists call to restrict the development of AI technologies that could replace artists' work.
Canada pledges to spend more on defense; US applauds move: Canada, under pressure from the United States to ramp up defense spending, on Monday pledged billions ...
reuters.com/world/americas/canada-pressured-us-defence-pledges-more-cash-military-2024-04-08/
Saudi and Iranian Ministers Talk After Drone Attack on Israel
bloomberg.com/news/live-blog/2024-04-13/iran-attack-on-israel
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