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University of Cambridge says it gained from slave trade: Britain's University of Cambridge said on Thursday it had benefited from the proceeds of slavery over ...
reuters.com/world/uk/university-cambridge-says-it-gained-slave-trade-2022-09-22/
University of Cambridge says it benefited from slave trade: Britain's University of Cambridge said on Thursday it had benefited from the proceeds of slavery over ...
torontosun.com/news/world/university-of-cambridge-says-it-benefited-from-slave-trade
University of Cambridge Says It Gained From Slave Trade: The acknowledgement comes as a string of leading British institutions have been re-evaluating the ...
thewire.in/world/university-of-cambridge-says-it-gained-from-slave-trade
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University of Cambridge says it gained from slave trade: Britain's University of Cambridge said on Thursday it had benefited from the proceeds of slavery over ...
reuters.com/world/uk/university-cambridge-says-it-gained-slave-trade-2022-09-22/
University of Cambridge says it benefited from slave trade: Britain's University of Cambridge said on Thursday it had benefited from the proceeds of slavery over ...
torontosun.com/news/world/university-of-cambridge-says-it-benefited-from-slave-trade
University of Cambridge Says It Gained From Slave Trade: The acknowledgement comes as a string of leading British institutions have been re-evaluating the ...
thewire.in/world/university-of-cambridge-says-it-gained-from-slave-trade
Immigration: The UK's shameful Rwanda law: The 'Safety of Rwanda' bill passed on April 23 represents a terrible step backward for Europe's oldest democracy.
lemonde.fr/en/opinion/article/2024/04/25/immigration-the-uk-s-shameful-rwanda-law_6669508_23.html
Quick Glance: British Law on Deportation of Asylum Seekers to Rwanda
- The new British deportation law aims to curb illegal migration and secure the reelection of Prime Minister Rishi Sunak.
- However, experts doubt the effectiveness of the law in stopping illegal migration to the UK.
- Rishi Sunak is under significant pressure due to political challenges in the election year, including inflation and healthcare issues.
- The Rwanda law intends to deport migrants without valid papers to Rwanda, although the efficacy of the law is being questioned.
BOE Official Warns Climate Change Shocks May Need Rates Response - Bloomberg: A Bank of England official warned that climate change may trigger large price ...
bloomberg.com/news/articles/2024-04-25/boe-official-warns-climate-change-shocks-may-need-rates-response
Britain to hike defence spending to 2.5% of GDP, Sunak says in Poland: Britain plans to increase its defence spending to 2.5% of gross domestic product (GDP) by ...
nordot.app/1155541370594574471
Quick Glance: Increase in UK defence spending by 2030
- Prime Minister Rishi Sunak commits to raising spending to 2.5% of GDP, putting the defence industry on a 'war footing'.
- Sunak emphasized the need for deeper stockpiles of munitions and quicker replenishment due to the events in the Ukraine conflict.
- The planned increase in defence spending would require significant financial reshuffling, partly through announced measures to reduce the size of the civil service.
- Shortly after announcing the pledge to send weapons worth 500 million pounds to Ukraine, this commitment followed.
Ireland says UK's Rwanda policy drives migrants over its border: The threat of deportation to Rwanda is causing migrants to head for Ireland instead of staying ...
reuters.com/world/ireland-says-uks-rwanda-policy-drives-migrants-over-its-border-2024-04-26/
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
Sussex tea entrepreneur serves up cuppas at 10 Downing Street: A Sussex woman who started a successful Japanese tea business was at 10 Downing Street this week ...
sussexexpress.co.uk/news/people/sussex-tea-entrepreneur-serves-up-cuppas-at-10-downing-street-4604574
Liz Truss: ‘I don’t believe in guardrails’: Britain’s shortest-serving prime minister on being ejected from office, the need for radical economic remedies — and ...
ft.com/content/8e00461a-b7c7-4761-8186-341a56742bfc
All the coming DWP and benefits changes you need to know about: There will be shifts for anyone who claims benefits, including those on PIP, Universal Credit ...
walesonline.co.uk/news/uk-news/coming-dwp-benefits-changes-you-29056368
UK's Labour outlines plan to renationalise railways within 5 years: Britain's opposition Labour Party said it planned to renationalise the country's rail network ...
reuters.com/world/uk/uks-labour-outlines-plan-renationalise-railways-within-5-years-2024-04-24/
UK announces $620 million in new military aid for Ukraine and plan to up own defense spending
apnews.com/article/poland-uk-nato-ukraine-sunak-military-aid-be9fa8b106eda83c2da140e0f2774fcb
Quick Glance: UK Boosts Defense Spending, Provides $620 Million Military Aid to Ukraine
- British Prime Minister Rishi Sunak announced an increase in defense spending to 2.5% of GDP by the end of the decade, along with a pledge to provide Ukraine with new military aid totaling $620 million, including weapons, armored vehicles, and ammunition.
- Sunak described the heightened spending as the most significant strengthening of national defense in a generation, emphasizing the need to remain vigilant in the face of current geopolitical threats.
- The UK commits to an additional £75 billion in defense spending over the next six years, aiming to raise defense expenditure to 2.5% of GDP, reaffirming a target set by Boris Johnson in 2022.
- The announcement followed similar moves by the US, approving $61 billion in aid for Ukraine, signaling an escalated international response to Russia's aggression in Ukraine.
Enrico Letta: Europe's economy is falling behind, 'we can't wait any longer': In an interview with Le Monde, the former Italian prime minister suggests using ...
lemonde.fr/en/economy/article/2024/04/19/enrico-letta-europe-s-economy-is-falling-behind-we-can-t-wait-any-longer_6668853_19.html
Quick Glance: Europe's Economy Falling Behind: Enrico Letta Urges Action
- Former Italian Prime Minister Enrico Letta suggests using European savings for the green and digital transition, pooling 10% of state aid, and initiating a new recovery plan to help the European economy catch up with the US.
- Letta presented his report on the internal market to the EU-27 in Brussels, highlighting that only a minority of companies and citizens in Europe fully benefit from the internal market, leading to the EU lagging behind the US and China.
- European companies underutilize economies of scale in sectors like energy, telecoms, and financial markets within the internal market. The market fragmentation hinders growth and competitiveness against global counterparts.
- Letta advocates for creating a fifth freedom for research, innovation, and skills within the internal market and updating competition rules in strategic sectors to promote European champions and ensure consumer protection.
UK police charge two men with immigration offences after Channel migrant deaths: British police have charged two men with immigration offences after five ...
reuters.com/world/uk/uk-police-charge-two-men-with-immigration-offences-after-channel-migrant-deaths-2024-04-26/
Sunak Faces UK Vote With Unenviable Record on Living Standards: UK living standards are rising once again after the worst bout of inflation in decades but it may ...
bloomberg.com/news/articles/2024-04-26/sunak-faces-uk-vote-with-unenviable-record-on-living-standards
Liz Truss sheds tear as she reveals impact on her teenage daughters of short-lived premiership
standard.co.uk/news/politics/liz-truss-tear-prime-minister-daughters-downing-street-b1152497.html
Bank of England’s Mann Warns World Fragmentation Means More Inflation Shocks: Bank of England policymaker Catherine Mann said the fragmenting global economy will ...
bloomberg.com/news/articles/2024-04-19/boe-s-mann-warns-world-fragmentation-means-more-inflation-shocks
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UK consumers feeling more confident about finances, says NatWest boss: For first time since August 2021 people expect position to be better in a year ...
theguardian.com/business/2024/apr/26/uk-consumers-feeling-more-confident-about-finances-says-natwest-boss
UBS Says Investors Fear Labour Could Hit UK Banks’ BOE Deposits: Investors are starting to worry that a future Labour government could seek to raise money for ...
bloomberg.com/news/articles/2024-04-26/ubs-says-investors-fear-labour-could-hit-uk-banks-boe-deposits
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UK Economists Say Markets Betting Wrong on Interest Rate Cuts: The Bank of England has found itself caught in the middle of a trans-Atlantic divide over who will ...
bloomberg.com/news/articles/2024-04-22/uk-economists-say-markets-betting-wrong-on-interest-rate-cuts
Five people die in attempted Channel boat crossing to UK: Accident off the French coast came after Sunak’s Rwanda plans gained parliamentary approval
ft.com/content/8f76ff2b-6c5e-4352-9e2d-0567089cc7c0
King Charles to resume public duties after cancer diagnosis: Britain's King Charles will return to public duties next week for the first time since being ...
reuters.com/world/uk/king-charles-resume-public-duties-after-cancer-diagnosis-2024-04-26/
Quick Glance: King Charles III to Resume Public Duties Next Week
- King Charles III will return to his public duties next week following recovery from cancer treatment.
- Accompanied by Queen Camilla, he will visit a cancer treatment center to meet specialists and patients.
- The King will fulfill upcoming engagements and host Japanese Emperor Naruhito and Empress Masako for a state visit in June.
- No further specifics on his health condition were disclosed, but he is grateful for the opportunity to resume public duties.
UK’s Sunak to Visit Poland Soon to Discuss Security, Tusk Says: UK Prime Minister Rishi Sunak will visit Poland “soon” to discuss security topics ...
bloomberg.com/news/articles/2024-04-18/uk-s-sunak-to-visit-poland-soon-to-discuss-security-tusk-says
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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.
Let us press on with UK migrant plan, Rwanda tells critics: Rwandan President Paul Kagame's government said on Friday it would take as many migrants as Britain ...
reuters.com/world/uk/let-us-press-with-uk-migrant-plan-rwanda-tells-critics-2024-04-26/
Charity boss Gideon Falter calls on Met chief Mark Rowley to quit: Campaign Against Antisemitism leader Gideon Falter has told Good Morning Britain that Sir Mark ...
metro.co.uk/2024/04/22/charity-boss-gideon-falter-calls-met-chief-mark-rowley-quit-20693294/
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 Is Falling Behind US in the Race for AI, BOE’s Haskel Says: The US is leading the UK on AI investments, raising concerns about a widening productivity gap ...
bloomberg.com/news/articles/2024-04-18/uk-is-falling-behind-us-in-the-race-for-ai-boe-s-haskel-says
Germany, Britain plan to build remote-controlled howitzers together | DPA: Germany and Britain plan to jointly develop a remote-controlled howitzer for future ...
nordot.app/1155832206230519895
Lloyds profits fall as interest rate benefits wane: Competition in savings and mortgage markets and rate cut expectations weigh on margins
ft.com/content/4086d32f-142c-411e-8f48-139957fcdde6
UK inflation falls less than expected to 3.2% in March: Rate continues to drop but economists had forecast a decline to 3.1%
ft.com/content/f70f52d1-87ac-42f9-a0c3-be3e5e88d711
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Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
BOE Official Warns of ‘Bumpy’ Last Mile in Inflation Fight: Bank of England policy maker Megan Greene said developed economies including the UK face a “bumpy ...
bloomberg.com/news/articles/2024-04-17/boe-official-warns-of-bumpy-last-mile-in-inflation-fight
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Two million Britons suffer long COVID symptoms, survey shows: Two million people across England and Scotland are still suffering from long COVID symptoms ...
reuters.com/world/uk/two-million-britons-suffer-long-covid-symptoms-survey-shows-2024-04-25/
Hundreds of migrants arrive in UK as five die attempting Channel crossing: More than 400 migrants arrived in the UK on the day five people died trying to cross ...
itv.com/news/meridian/2024-04-24/hundreds-of-migrants-arrive-in-uk-as-five-die-attempting-channel-crossing
English Channel: At least five migrants drown - including a child: At least five migrants die on Tuesday night while trying to cross the English Channel to the ...
welt.de/politik/ausland/article251175628/Aermelkanal-Mindestens-fuenf-Migranten-ertrinken-darunter-ein-Kind.html
Our oddest photos of the week: Odd and unusual images from around the world this week.
reuters.com/pictures/our-oddest-photos-week-2024-04-25/
Britain sends a message to Trump: NATO is worth investing in: U.K. pledge to hike defense spending is designed to keep U.S. on side.
politico.eu/article/britain-sends-message-donald-trump-nato-worth-investing-in/
Russian Forces Advance in Eastern Ukraine as Kyiv Awaits US Weaponry: Russian forces pressed forward in eastern Ukraine and in some areas accelerated their ...
bloomberg.com/news/articles/2024-04-26/russian-forces-make-advances-as-ukraine-awaits-fresh-us-weaponry
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UK Launches Saudi Investment Drive as Sunak Eyes MBS’s Vision 2030: The UK and Saudi Arabia will hold a trade expo in Riyadh next month as Rishi Sunak launches ...
bloomberg.com/news/articles/2024-04-21/uk-launches-saudi-investment-drive-to-grab-share-of-mbs-s-vision
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Global Basel Committee bolsters rules for supervising banks: The world's forum for banking regulators on Thursday tightened up its rulebook to focus better on ...
reuters.com/business/finance/global-basel-committee-bolsters-rules-supervising-banks-2024-04-25/
London Marathoner Drinks Glass of Wine At Every Mile and Still Crosses Finish Line
thedailybeast.com/london-marathoner-drinks-glass-of-wine-at-every-mile-and-still-crosses-finish-line
Quick Glance: London Marathon participant honored after wine challenge goes viral
- Tom Gilbey enjoyed a glass of wine upon completing each mile of the London Marathon.
- During the race, he stopped 25 times to taste a glass of wine and guess its vintage, grape type, and country of origin.
- "It’s my first experience of this going absolutely mad and I feel very honored," he told the PA news agency.
- He was highly motivated during the marathon by the prospect of a sip of wine after every mile.
No Evidence BOE Decisions Swayed by Elections, Analysis Finds: The Bank of England could cut interest rates twice before the next UK general election ...
bloomberg.com/news/articles/2024-04-18/no-evidence-boe-decisions-swayed-by-elections-analysis-finds
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Ireland says UK's Rwanda policy drives migrants over its border: The threat of deportation to Rwanda is causing migrants to head for Ireland instead of staying ...
reuters.com/world/ireland-says-uks-rwanda-policy-drives-migrants-over-its-border-2024-04-26/
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.
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
BOE’s Megan Greene Says UK Interest Rates Cuts ‘Not Imminent’: Bank of England policymaker Megan Greene said the UK faces difficult trade-offs over whether to ...
bloomberg.com/news/articles/2024-04-18/boe-s-megan-greene-says-uk-interest-rates-cuts-not-imminent
Sadiq Khan urges Labour to pursue UK-EU youth mobility deal : London mayor tells FT that scheme would be ‘incredibly important’ for capital after Labour shunned ...
ft.com/content/88718de3-40e7-4d40-8aa6-7ab4653c4260
UK Spurs Intelligence Sharing With Allies on Vote Manipulation: The UK is spearheading a drive to expand intelligence-sharing on electoral interference beyond ...
bloomberg.com/news/articles/2024-04-18/uk-spurs-intelligence-sharing-with-allies-on-vote-manipulation
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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.
NatWest profits fall 27% as interest rate benefits wear off: Shares up nearly a third this year as bank has moved on from scandal over closure of Nigel Farage’s ...
ft.com/content/b5d364b4-5bf1-4adf-bc1a-fd840845d41b
Britain names Gwyn Jenkins as national security adviser: Britain will appoint Gwyn Jenkins, one of the country's top generals, as its next national security ...
reuters.com/world/uk/britain-names-gwyn-jenkins-national-security-adviser-2024-04-23/
Bernanke Urges BOE to Give Market Clearer Guidance on Rates: Ben Bernanke called on the Bank of England to consider publishing its own outlook for UK interest ...
bloomberg.com/news/articles/2024-04-12/bernanke-urges-boe-to-speak-more-clearly-on-direction-of-rated
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Quick Glance: Improve: Bernanke Critiques Bank of England's Handling of Inflation Crisis
- The Bank of England has deteriorated in economic forecasting, with faulty models and outdated systems. Communication with the public needs enhancement.
- Ben Bernanke's report includes 12 detailed recommendations, which Andrew Bailey, the Bank's governor, intends to act upon. Bernanke emphasizes the Bank's potential for significant improvement.
- Bernanke criticizes the Bank's use of fan charts, suggesting they lack useful information and should be replaced with more transparent communication methods. He highlights the need for clearer decision-making reasoning.
- Despite recommendations, Bernanke avoided speculating on past actions, indicating room for substantial improvement within the Bank's processes. The report conveys a clear message: the Bank could have performed much better.
UK's Sunak pledges to start Rwanda deportation flights for asylum seekers in 10-12 weeks
go.france24.com/oIW
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
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.
Barbados 'pauses' acquisition of former slavery plantation owned by Tory MP: Barbados will halt the acquisition of a former slavery plantation belonging to a ...
reuters.com/world/barbados-pauses-acquisition-former-slavery-plantation-owned-by-tory-mp-2024-04-24/
Asking prices for UK homes close to record high, Rightmove says: Prices of homes being sold in Britain are close to their record highs after the biggest annual ...
reuters.com/world/uk/asking-prices-uk-homes-close-record-high-rightmove-says-2024-04-21/
Rishi Sunak to strip GPs of right to sign people off sick: PM vows to tackle ‘unsustainable’ rises in benefit spending with two thirds of incapacity claims for ...
thetimes.co.uk/article/rishi-sunak-gps-sign-people-off-sick-ill-rr353jstv
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UK House Prices Under Threat As Traders Pare Back Rate Cut Bets: The UK housing market recovery is threatened by investors scaling back bets on how far the Bank ...
bloomberg.com/news/articles/2024-04-24/uk-house-prices-under-threat-as-traders-pare-back-rate-cut-bets
Russia-Ukraine War: UK Sends Ukraine More Missiles, Boats, Armored Vehicles: The UK will send more Storm Shadow long-range missiles to Ukraine as part of its ...
bloomberg.com/news/articles/2024-04-22/uk-sends-ukraine-more-long-range-missiles-in-biggest-aid-package
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.
Rishi Sunak, Olaf Scholz Find Common Cause to Support Each Other on Defense: UK-German ties appeared under strain as recently as last month, with British ...
bloomberg.com/news/articles/2024-04-24/rishi-sunak-olaf-scholz-find-common-cause-to-support-each-other-on-defense
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‘It’s not Barbieland’: Rwanda prepares to host asylum seekers sent from UK: As Britain’s parliamentary ‘ping pong’ nears completion, critics warn migrants will ...
ft.com/content/b8e85750-24d9-4a02-8b7a-ed5bda9d2627
UK to buy German-made new artillery system: British Prime Minister Rishi Sunak is set to convene with German Chancellor Olaf Scholz in Berlin to fortify defense ...
defence-blog.com/uk-to-buy-german-made-new-artillery-system/
Rishi Sunak said to be 'appalled' by Met Police officer's 'openly Jewish' comment
itv.com/news/2024-04-21/rishi-sunak-appalled-by-met-police-officers-openly-jewish-comment
Allegra Stratton: The Two-Year Flight: It will be a long night for MPs as the government is determined to get the Rwanda legislation done ...
bloomberg.com/news/newsletters/2024-04-22/allegra-stratton-the-two-year-flight
UK to deploy Typhoon fighter jets to Poland: The United Kingdom announced plans to send Typhoon fighter jets to Poland to defend its airspace ...
defence-blog.com/uk-to-deploy-typhoon-fighter-jets-to-poland/
Germany's Scholz urges Europe to do for Ukraine : A meeting between the British and German leaders made for a show of unity even as disagreements on how to ...
euronews.com/my-europe/2024/04/24/germanys-scholz-urges-europe-to-do-for-ukraine-as-uk-pm-ups-defence-spending
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
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Quick 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.
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 ...
reut.rs/3TYwHij
UK creative industries warn ‘superpower’ status at risk without investment: Artists and executives call on next government to focus on ‘reinvigorating our ...
ft.com/content/cc8f4851-93d1-4da0-a621-fdf59e5af7ff
Rishi Sunak sets out plans to tackle 'sick note culture': The PM wants to strip GPs of power to issue sick notes but Labour says he has run out of ideas.
bbc.com/news/uk-politics-68853166
Israeli push to legalize settlements in West Bank 'dangerous and reckless,' US says
reuters.com/world/middle-east/israeli-push-legalize-settlements-west-bank-dangerous-reckless-us-says-2024-04-24/
PM Sunak sets Britain back on climate change, says watchdog head: Prime Minister Rishi Sunak has set Britain back on tackling climate change and must do more on ...
reuters.com/business/environment/pm-sunak-sets-britain-back-climate-change-says-watchdog-head-2024-04-20/
PIP payment to be overhauled as Sunak shakes up the benefits system: Rishi Sunak has announced a major review of how Britain's disability benefits system ...
inews.co.uk/news/politics/pip-payment-to-be-overhauled-as-sunak-shakes-up-the-benefits-system-3014604
UK Jobs and Pay Data Poses a Dilemma for the Bank of England: Sticky wages and falling vacancies don’t make the Bank of England’s life any easier.
bloomberg.com/news/newsletters/2024-04-16/uk-jobs-and-pay-data-poses-a-dilemma-for-the-bank-of-england
Narendra Modi: India's prime minister eyeing a historic third term: Narendra Modi is a polarising politician who became India's most powerful leader in decades.
bbc.com/news/world-asia-india-20001001
Britain sends a message to Trump: NATO is worth investing in: U.K. pledge to hike defense spending is designed to keep U.S. on side.
politico.eu/article/britain-sends-message-donald-trump-nato-worth-investing-in/
Here’s All the Countries With TikTok Bans as Platform’s Future in U.S. Hangs In Balance
time.com/6971009/tiktok-banned-restrictions-worldwide-countries-united-states-law/
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
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