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June 06, 2025
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June 06, 2025
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UK economy
British PM appoints new chancellor after firing Kwasi Kwarteng
Saturday, 15 October 2022 01:52
British Prime Minister sacked her Treasury chief and reversed course on sweeping tax cuts Friday as she tried to hang on to her job after weeks of turmoil in financial markets. She appointed Jeremy Hunt.
Pound plunge underscores stresses across markets
Monday, 26 September 2022 17:13
Sterling slumped to a record low on Monday, and a renewed selloff in British gilts pushed euro zone yields higher as the fall out from last week's fiscal statement in Britain roiled markets for a second session.
22% inflation could raise UK eyebrows next year
Wednesday, 31 August 2022 00:37
UK inflation could soar above 22% next year if energy prices continue their upward spiral, US investment bank Goldman Sachs has warned.
UK sees 80-percent energy price hike amid cost-of-living crisis
Saturday, 27 August 2022 19:07
Regulator Ofgem says its energy price cap will nearly double in October, worsening the country’s cost-of-living crisis.
Iran, Tatarstan seek to open new chapter in economic cooperation
Saturday, 27 August 2022 09:21
Tabriz (IP) - The economic delegation of the Republic of Tatarstan of Russia met and talked with economic activists in Tabriz, the capital of East Azarbaijan Province, northwest of Iran.
UK inflation hits new 40-year high
Wednesday, 20 July 2022 23:11
UK inflation hit yet another new 40-year high in June as food and energy prices continued to soar, escalating the country’s historic cost-of-living crisis.
British people call for Boris Johnson to resign
Saturday, 02 April 2022 23:48
Following the rise in electricity and gas prices, the British people protested, demanding the removal of the Prime Minister.
UK Prime Minister has no plan for country's future: Blair
Thursday, 20 January 2022 11:40
Former British Prime Minister accused the current Prime Minister of lacking a coherent blueprint for dealing with the major strategic challenges facing the UK.
Delta COVID-19 spread slows UK economy in July
Friday, 10 September 2021 13:22
Britain's economy unexpectedly slowed dramatically in July as the Delta variant of COVID-19 spread rapidly after lockdown restrictions were eased and as a 'pingdemic' kept many workers at home self-isolating, Reuters reported. 224
British Airways tries to avoid bankruptcy amid Coronavirus crisis
Saturday, 20 March 2021 03:38
British Airways is looking to sell its London headquarters to escape bankruptcy due to the Coronavirus crisis.
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