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UK economy

Iranpress: British PM appoints new chancellor after firing Kwasi Kwarteng

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.

Iranpress: Pound plunge underscores stresses across markets

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.

Iranpress: 22% inflation could raise UK eyebrows next year

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.

Iranpress: UK sees 80-percent energy price hike amid cost-of-living crisis

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.

Iranpress: Iran, Tatarstan seek to open new chapter in economic cooperation

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.

Iranpress: UK inflation hits new 40-year high

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.

Iranpress: British people call for Boris Johnson to resign

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.

Iranpress: UK Prime Minister has no plan for country

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.

Iranpress: Delta COVID-19 spread slows UK economy in July

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

Iranpress: British Airways tries to avoid bankruptcy amid Coronavirus crisis

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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