UK government’s plan is both bad economics and a lost opportunity
Synopsis by Middle East Eye Sep 29 22
I left Turkey for Britain because of a currency crisis. The joke is on me because my adopted country is now experiencing oneRead full article 
Financial Times: UK government’s plan is both bad economics and a lost opportunity
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| Last Updated | Sep 29 22 |
| Total Articles | 3 |
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overview of the economy of the United Kingdom
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The Tory hostility to experts continues right to the bitter, deluded end: The Government is suffocating in the echo chamber it created for itself
inews.co.uk/opinion/brexit-covid-our-economy-the-tory-hostility-to-experts-continues-right-to-the-bitter-deluded-end-1882462
Pound crash: As a Turkish immigrant in the UK, Trussonomics feels all too familiar
middleeasteye.net/opinion/uk-pound-crash-trussonomics-turkish-immigrant-feels-familiar
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The Tory hostility to experts continues right to the bitter, deluded end: The Government is suffocating in the echo chamber it created for itself
inews.co.uk/opinion/brexit-covid-our-economy-the-tory-hostility-to-experts-continues-right-to-the-bitter-deluded-end-1882462
Pound crash: As a Turkish immigrant in the UK, Trussonomics feels all too familiar
middleeasteye.net/opinion/uk-pound-crash-trussonomics-turkish-immigrant-feels-familiar
Kensington Palace releases photo to celebrate Prince Louis' sixth birthday: The photo was taken by his mother, Kate, in the days running up to the prince's ...
itv.com/news/2024-04-22/prince-louis-celebrates-sixth-birthday
Quick Glance: Celebratory Birthday of Prince Louis
- A recent photo of Prince Louis, taken in Windsor by The Princess of Wales, was shared on Kensington Palace's social media channels to celebrate his sixth birthday.
- Prince Louis is anticipated to have celebratory events organized by his parents to commemorate his sixth birthday.
- The newly released image is the initial photo of the children from Kensington Palace following the contentious Mother's Day picture that underwent editing by Kate.
- Attending Lambrook School in Berkshire alongside his siblings, Prince Louis recently resumed classes after the Easter break.
Post-Brexit Food Checks Will Be ‘Light-Touch,’ UK Minister Says: The UK will enforce “light-touch” post-Brexit checks on food and plant products beginning later ...
bloomberg.com/news/articles/2024-04-23/post-brexit-food-checks-will-be-light-touch-uk-minister-says
UK Recovery From Recession Gains Momentum as PMI Beats Forecast: The UK economy’s recovery from recession unexpectedly gathered pace at the start of the second ...
bloomberg.com/news/articles/2024-04-23/uk-recovery-from-recession-gains-momentum-as-pmi-beats-forecast
Britain to raise defence spending to 2.5% of GDP by 2030: Rishi Sunak is expected to say he will increase the UK military budget every year ...
thetimes.co.uk/article/rishi-sunak-defence-spending-uk-2030-xxgfwtvf7
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UK Budget Deficit Overshoots in Setback for Hunt’s Tax Cut Plans: UK government borrowing overshot official forecasts in the last fiscal year ...
bloomberg.com/news/articles/2024-04-23/uk-budget-deficit-overshoots-in-setback-for-hunt-s-tax-cut-plans
Paid articlePaid BOE Chief Economist Huw Pill Says He’s Cautious on Interest Rate Cuts: Bank of England Chief Economist Huw Pill said he’s erring on the side of caution in ...
bloomberg.com/news/articles/2024-04-23/boe-chief-economist-says-uk-is-getting-closer-to-rate-cuts
UK grocery inflation falls to 30-month low: Grocery price growth eases to 3.2% in four weeks to mid-April as retailers focus on special offers
ft.com/content/da639524-3d28-42de-b494-57be5af69628
Paid articlePaid Spotify hits record quarterly profit as it enters ‘new phase’: Pioneer of music streaming kicks off more mature era for its business after years of freer ...
ft.com/content/b6353fb2-a149-46ae-bb12-901e65d2c445
UK to increase defence spending to 2.5% of GDP - meaning tens of billions of pounds of extra funding
news.sky.com/story/uk-to-increase-defence-spending-to-2-5-of-gdp-meaning-tens-of-billions-of-pounds-of-extra-funding-13121450
Pfizer vs Moderna battle over COVID vaccine patents begins in UK: Pfizer and BioNTech asked a London court to revoke rival Moderna's patents over technology key ...
reuters.com/business/healthcare-pharmaceuticals/pfizer-vs-moderna-battle-over-covid-vaccine-patents-begins-uk-2024-04-23/
China’s ageing tech workers hit by ‘curse of 35’: Discrimination against older employees particularly apparent in sector where executives openly state preference ...
ft.com/content/5cf306ad-3a39-4357-b7b3-1d2644bb13a7
FTSE 100 hits record high as shares rise amid hopes of interest rate cuts: UK’s blue-chip index rises to 8,076, surpassing previous high of 8 ...
theguardian.com/business/2024/apr/23/ftse-100-hits-record-high-shares-interest-rate-cuts
Britain's anti-greenwashing rule for finance takes effect on May 31: Britain's financial regulator confirmed on Tuesday that its new bespoke rule to combat ...
reuters.com/sustainability/sustainable-finance-reporting/britains-anti-greenwashing-rule-finance-start-may-31-2024-04-23/
UK businesses expand at fastest pace in 11 months, PMI survey shows: British businesses recorded their fastest growth in activity in nearly a year this month ...
reuters.com/world/uk/uk-businesses-expand-fastest-pace-11-months-pmi-survey-shows-2024-04-23/
Lawsuit accuses Grindr of illegally sharing users' HIV status: LGBTQ+ dating app's maker previously denied selling sensitive user data
theregister.com/2024/04/22/class_action_suit_data_protection_uk_grindr/
Quick Glance: Lawsuit Alleges Grindr's Unauthorized HIV Status Disclosure
- A group of 670 individuals have joined a class action lawsuit against LGBTQ+ dating app Grindr in the UK seeking damages for the alleged unauthorized disclosure of HIV status and other sensitive data to third parties.
- The lawsuit claims that Grindr violated UK data protection laws by sharing user data without consent, particularly data disclosed before April 3, 2018, and between May 25, 2018, and April 7, 2020.
- Researchers from SINTEF in 2018 published information indicating that Grindr was sharing user data, including HIV status, with analytics companies, sparking intense criticism and prompting changes to the company's privacy policy.
- Grindr was fined 65 million Norwegian kroner for violating GDPR consent rules, leading to further legal issues in the US.
Investors price in growing chance of another Federal Reserve interest rate rise: While base case remains reduction in borrowing costs, options market shows a 20% ...
ft.com/content/8c5da64b-766e-4993-86f5-aac95342432a
The Met has made mistakes – stopping Gideon Falter crossing the road is not one of them
inews.co.uk/opinion/met-mistakes-gideon-falter-crossing-road-not-one-3018434
UK budget deficit for 2023/24 overshoots official forecast: Britain's government borrowed more than expected in March, capping the 2023/24 financial year with a ...
reuters.com/world/uk/uk-public-borrowing-119-billion-pounds-march-2024-04-23/
FTSE 100 Live: What's Moving UK Markets, Right Now
bloomberg.com/news/live-blog/2023-12-15/what-s-moving-uk-markets-right-now-markets-today
Watch: BBC crew captures moment migrants board small crowded boat to UK from France
bbc.com/news/av/world-europe-68880651
BOE Warns of Risks With Private Asset Values Shrouded in Secrecy: The Bank of England is concerned about the ways that private equity giants value their holdings ...
bloomberg.com/news/articles/2024-04-22/boe-warns-of-risks-with-private-asset-values-shrouded-in-secrecy
Great Britain: Sunak wants to deport “no ifs and buts”: Despite an interim injunction, a supreme court decision and sharp criticism: British Prime Minister Sunak ...
tagesschau.de/ausland/europa/grossbritannien-abschiebungen-sunak-100.html
Quick Glance: British Parliament Approves Deportations to Rwanda
- The controversial plan to deport refugees to Rwanda has been approved by the British Parliament.
- Despite resistance in the upper house and multiple votes, the law was passed.
- Prime Minister Sunak is pushing for deportations to deter refugees from dangerous crossings.
- Experts question the effectiveness of the measure, while concerns about costs and legal implications persist.
Unease as Rwanda gears up for arrival of UK migrants: Rwanda is gearing up to welcome deported asylum seekers now the landmark UK bill has passed.
bbc.com/news/world-africa-68836255
Migrants drown in Channel, Sunak says nothing will stop Rwanda policy: Five people, including a child, died in an attempt to cross the English Channel from ...
reuters.com/world/europe/least-five-migrants-died-during-attempt-cross-english-channel-la-voix-du-nord-2024-04-23/
Bankers lose hope of London IPO revival for another year: Banks have mostly given up hope this year will bring a long-awaited recovery in UK IPOs ...
reuters.com/markets/europe/bankers-lose-hope-london-ipo-revival-another-year-2024-04-23/
AFC Joins $20 Billion Morocco-to-UK Subsea Power Export Project: Africa Finance Corp. will join a group of companies developing a project to produce solar and ...
bloomberg.com/news/articles/2024-04-22/afc-joins-20-billion-morocco-to-uk-subsea-power-export-project
Emmerdale affair 'sealed' as Manpreet cheats on Charles with unlikely resident: Emmerdale will air some shock scenes next week as Manpreet Sharma cheats on ...
mirror.co.uk/tv/tv-news/itv-emmerdale-shock-affair-sealed-32642160
Drivers getting worked up over width of new Bangor cycle path: Apparently it's bad that a single road lane is narrower than a multi-user bidirectional path ...
metro.co.uk/2024/04/22/drivers-getting-worked-width-new-bangor-cycle-path-20695776/
UK police charge two men with spying for China
reut.rs/4aHN4XD
Quick Glance: Charges Filed Against UK Ex-Parliamentary Researcher for 'China Espionage'
- London's Metropolitan Police has accused two men, researcher Christopher Cash and Christopher Berry, of violating the Official Secrets Act.
- The charges coincided with the announcement of the arrest of three German nationals suspected of spying for China and accessing secret maritime technology by German investigators.
- The British duo is alleged to have transmitted 'articles, notes, documents or information' to a foreign state between 2021 and the previous year.
- In September, the Met Police disclosed the arrest of a man in his twenties on espionage suspicions. The Sunday Times revealed his parliamentary researcher identity.
Russia Threatens More Strikes on Ukraine Over US Aid: Russia threatened to step up strikes on Ukraine in response to the US vote to provide new military aid to ...
bloomberg.com/news/articles/2024-04-23/russia-threatens-to-intensify-strikes-on-ukraine-over-us-aid
UK condemns North Korea's latest ballistic missile launch: Britain said North Korea had breached multiple United Nations Security Council resolutions after it ...
reuters.com/world/uk-condemns-north-koreas-latest-ballistic-missile-launch-2024-04-22/
FTSE hits new record as Associated British Foods posts strong results: London's FTSE 100 hit an all-time high on Tuesday as traders digested latest economic ...
euronews.com/business/2024/04/23/ftse-100-hits-new-record-as-associated-british-foods-reports-strong-results
UK sends more weapons to Ukraine as Rishi Sunak fears ‘difficult summer’: Prime minister to meet his Polish counterpart Donald Tusk after announcing £500 million ...
thetimes.co.uk/article/uk-sends-more-weapons-to-ukraine-as-rishi-sunak-fears-difficult-summer-spr8mt8r7
Paid articlePaid When smart motorways go wrong...: Footage from smart motorway accidents and a woman describes her lucky escape.
bbc.com/news/av/uk-68865188
Wet wipes with plastic will face ban by summer: Retailers will have 18 months to totally phase out plastic containing wipes in a bid to reduce pollution and ...
thetimes.co.uk/article/wet-wipes-with-plastic-will-face-ban-by-summer-jd89xvm09
Paid articlePaid Egypt to Get UK Budget Support to Top Off $57 Billion Global Aid: Egypt expects to get $400 million in budget support from the UK over two years ...
bloomberg.com/news/articles/2024-04-22/egypt-to-get-uk-budget-support-to-top-off-57-billion-global-aid
What are the new post-Brexit border controls starting on April 30?: On April 30, the second phase of Britain's new post-Brexit border controls for food imports ...
reuters.com/world/europe/what-are-new-post-brexit-border-controls-starting-april-30-2024-04-22/
New British nuclear submarine named HMS Agamemnon: Agamemnon - named after the ancient Greek king - is the sixth of seven Astute submarines being built by BAE ...
ukdefencejournal.org.uk/new-british-nuclear-submarine-named-hms-agamemnon/
UK Exports Fewer Goods After Brexit, Tilting Economy to Services: The UK is still exporting fewer goods than before Brexit, as the economy becomes more reliant ...
bloomberg.com/news/articles/2024-04-22/uk-exports-fewer-goods-after-brexit-tilting-economy-to-services
Paid articlePaid
Supreme Court will take up the legal fight over ghost guns, firearms without serial numbers
apnews.com/article/supreme-court-ghost-guns-regulation-1a29729cf1bee46590d82ac46ab7b8f4
Reunited: the runaway dog that captivated Aussies: Milo escaped from an airport handler and spent 17 days on the run before being found asleep beneath a shipping ...
thetimes.co.uk/article/lost-dog-from-australia-is-reunited-with-owners-in-wales-sl76n8d66
Paid articlePaid Man glassed in the face after telling woman she looked like she was 43: Joanne Dodd, now 40, glassed Carl Cooper in the face at a pub in Manchester after he ...
metro.co.uk/2024/04/22/woman-glassed-man-face-wrongly-guessing-age-pub-20692622/
Europe's bank earnings to offer interest rate reality check: Investors should get a clearer picture this week of whether higher interest rates are still boosting ...
reuters.com/business/finance/europes-bank-earnings-offer-interest-rate-reality-check-2024-04-22/
Quick Glance: Hope for Strong Quarterly Results Drives Wall St Stocks
- Wall Street stocks saw an increase on Monday as investors anticipated a busy week of quarterly results from key companies to gain insight into the health of the U.S. economy.
- All 11 S&P 500 sectors experienced growth, with technology and financial stocks leading the gains.
- In addition to the outstanding corporate earnings, markets are also looking forward to the upcoming release of the PCE data in March later this week to further understand the monetary policy trajectory.
- Megacap growth stocks showed gains, including Alphabet, Amazon.com, and Apple, along with Nvidia's increase to recover from a previous decline.
Firms including McKinsey and BCG have been trying various ways to boost record-low attrition in the sector, from offering staff financial incentives to leave ...
on.ft.com/4dlqNkr
UK's Thames Water proposes spending more on environmental projects: Britain's Thames Water, which is fighting for survival, said it proposed spending an ...
reuters.com/world/uk/britains-thames-water-proposes-bigger-spend-environment-2024-04-22/
Grandmother, 97, has all her belongings thrown away by mistake: Contractors mistakenly thought grandmother Mable Ogle, 97, of Freshwater, Isle of Wight ...
metro.co.uk/2024/04/22/grandmother-97-belongings-thrown-away-mistake-20693562/
UK’s asset managers need more than a change in macro mood: The basic issue for the sector is that revenues are flatlining
ft.com/content/1b947691-15d5-4999-924b-cd1303ec15e0
Focus: New Brexit border checks could stifle fine food imports from EU, warn sellers
reut.rs/3Uch72P
Vice President Harris announces final rules mandating minimum standards for nursing home staffing
apnews.com/article/nursing-homes-minimum-staffing-rules-harris-wisconsin-6dbc7bee56d321ddf012fcadf30dfe15
Quick Glance: Biden's Landmark Staffing Mandate for Nursing Homes
- The Biden administration has implemented first-ever staffing requirements for nursing homes to enhance care quality.
- The rule mandates 24/7 registered nurses and a minimum of 3.48 hours of care per resident daily.
- Industry voices concerns over staff shortages, estimating a need for over 100,000 additional workers.
- The new regulations will be phased in and could potentially lead to facility closures for non-compliance.
UK Energy Bills Could Rise by £29 Billion on High Rates, Green Investments: Persistently high interest rates could add £29 billion ($36 billion) a year to UK ...
bloomberg.com/news/articles/2024-04-21/uk-energy-bills-could-rise-by-29-billion-on-high-interest-rates
UK exports of services have grown 9 times faster than goods since 2010: Economy’s shift away from manufacturing may have been accelerated by Brexit ...
ft.com/content/e4a66eb7-1cc4-45ad-ab2c-ae2141d71dab
FTSE 100 hits new record high helped by five-month low for pound: While the FTSE 100's performance has lagged that of most peers for some time ...
news.sky.com/story/ftse-100-hits-new-record-high-helped-by-five-month-low-for-pound-13120952
Is crime in the UK really on the rise? The reality in charts: Most people believe we are becoming a more dangerous society, but the picture is more complicated
thetimes.co.uk/article/crime-justice-commission-uk-rates-rise-police-38g7w5gw8
Paid articlePaid Gogglebox's Stephen and Daniel break their silence after divorce announcement: Gogglebox's Stephen and Daniel Lustig-Webb, who recently announce they were ...
mirror.co.uk/3am/celebrity-news/goggleboxs-stephen-daniel-prove-theyre-32638219
UK Economy: Uncertainty surrounds Bank of England’s policy decisions : The UK economy faces a year of mixed signals. EY predicts subdued growth in 2024 ...
wionews.com/videos/uk-economy-uncertainty-surrounds-bank-of-englands-policy-decisions-714061
Public will be able to use NHS algorithm to sign off sick: Planned revamp includes a website or app as the first point of contact for obtaining a doctor’s note
thetimes.co.uk/article/nhs-algorithm-sign-off-ill-sick-without-doctors-note-76nvtchrg
Paid articlePaid FTSE 100 on track to hit record high as sterling weakens: Gap between US and UK rate expectations drives investors to dollar
ft.com/content/a7d7e5e2-b510-494f-b431-8bfbb13415c3
'Crazy plane lady' Tiffany Gomas is now a right-wing influencer: You might recognise Tiffany Gomas as the woman who went viral last year for her "not real" rant ...
indy100.com/viral/tiffany-gomas-right-wing-influencer
UK set for four-day heatwave and it'll kick off next week with 22C scorcher: Next week - May 3, Friday - could see the temperatures skyrocket north and upward ...
birminghammail.co.uk/news/midlands-news/uk-set-four-day-heatwave-29042179
Rwanda bill: Government and Lords face another voting showdown: Rishi Sunak said there will be no more delays to his asylum plan and Parliament will sit and ...
bbc.com/news/uk-68871847
Swansea: Dog lost in Australia reunited with owners in Wales: Swansea: Dog lost in Australia reunited with owners in Wales
bbc.com/news/articles/cnl458k4kexo
'Icelandic storm' could bring snow to parts of UK within days: The UK could be in line for a major low-pressure system hitting over the next week ...
devonlive.com/news/uk-world-news/uk-weather-icelandic-storm-could-9237828
‘Debanking’ complaints to UK financial ombudsman surge: Thousands of customers take issue with accounts that have been frozen or closed and more cases have been ...
ft.com/content/39ed2e33-03ea-4774-af7b-b2766f31de7e
UTME 2024: Nigerians lambast JAMB over examination 7 a.m. exam schedule: JAMB Spokesperson Fabian Benjamin told PREMIUM TIMES on Sunday that the examination ...
premiumtimesng.com/news/top-news/687965-utme-2024-nigerians-lambast-jamb-over-examination-7-a-m-exam-schedule.html
FTSE 100 hits record closing high amid hopes of interest rate cuts: UK’s blue-chip index ended trading at 8,023, its highest close ever, as pound falls against ...
theguardian.com/business/2024/apr/22/ftse-100-record-high-interest-cuts-rate-pound-dollar
Londongrad forever? Why the UK may never seize Russian assets: Pledges to take Russian money to help Ukraine face a litany of legal and tactical quandaries.
politico.eu/article/londongrad-forever-uk-never-seize-russia-assets-ukraine-war-sanctions/
Peres Jepchirchir, Mutiso Munyao bag Kenyan double in London Marathon : Olympic champion Peres Jepchirchir won the London marathon in a women's-only world ...
wionews.com/sports/peres-jepchirchir-mutiso-munyao-bag-kenyan-double-in-london-marathon-713640
Thousands ‘fuming’ after tickets cancelled for Co-op Live arena show in Manchester
theguardian.com/uk-news/2024/apr/21/thousands-fuming-after-tickets-cancelled-for-co-op-live-arena-show-in-manchester
Mother of Dragons comet will be visible in UK skies tonight: The comet, officially named 12P/ Pons-Brooks, is returning to the inner solar system for the first ...
gazettelive.co.uk/news/uk-world-news/mother-dragons-comet-visible-uk-29034538
'Icelandic storm' could bring snow to parts of UK within days: The UK could be in line for a major low-pressure system hitting over the next week ...
devonlive.com/news/uk-world-news/uk-weather-icelandic-storm-could-9237828
Prince Harry 'furious and in tears' over Frogmore Cottage eviction: King Charles requested that he give up the keys to the cottage on Windsor Great Park ...
metro.co.uk/2024/04/21/prince-harry-furious-tears-frogmore-cottage-eviction-20687185/
London teacher wants pupils in school for 12 hours a day under new rules: Pupils will be participating in dodgeball, basketball, art, drama and cookery classes ...
metro.co.uk/2024/04/21/teacher-wants-keep-students-school-12-hours-a-day-new-rules-20687304/
Do you hate Britain, I asked my pupils. Thirty raised their hands: After Katharine Birbalsingh had her prayer ban upheld, the head accused schools of failing to ...
thetimes.co.uk/article/do-you-hate-britain-i-asked-my-pupils-thirty-raised-their-hands-35gxx2t6n
Paid articlePaid Primary school teacher sacked after teaching pupils TikTok dance: Georgia Roberts had been a teacher at West Grantham Church of England Primary Academy in ...
metro.co.uk/2024/04/21/primary-school-teacher-sacked-teaching-pupils-tiktok-dance-20688662/
Mum pleads with drivers not to park on pavements by leaving 'polite' notes: Louise Brown, 33, is sick and tired of being unable to push her baby's buggy ...
mirror.co.uk/news/uk-news/mum-pleads-drivers-not-park-32605567
Victoria Beckham: Spice Girls reunite... at Posh's 50th birthday: All five members of the group perform Stop at Victoria Beckham's 50th birthday party in London.
bbc.com/news/entertainment-arts-68868289
Quick Glance: Tom Cruise wows guests at Victoria's 50th birthday bash
- Tom Cruise wowed A-list guests at Victoria's party.
- The Spice Girls also performed and danced to their 1997 hit.
- Victoria Beckham called the celebration the best night ever.
- Brooklyn's wife Nicola Peltz Beckham did not attend the party.
Taunton among UK top staycation destinations for summer 2024: Taunton has ranked among the UK's top staycation destinations for summer 2024.
somersetcountygazette.co.uk/news/24265289.taunton-among-uk-top-staycation-destinations-summer-2024/
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