The Bank of England raised interest rates for the 14th time in a row, this time from 5% to 5.25%, the highest level since 2008. The increase in the cost of borrowing money was expected, although financial markets were divided over whether it should Raising it to higher levels. 5.25…
Read MoreNew customs rules between the EU and the UK come into effect, as the first trucks pass through the Channel Tunnel
In the coastal cities of Dover and Calais, new rules apply to people and shipping companies who want to import or export to Great Britain. The UK itself announced that it was ready for major changes to its borders with the European Union, which came into effect at midnight. The…
Read MoreBritain concludes a trade agreement with Australia
Scotch whisky, British cars, biscuits and ceramics will become cheaper in Australia thanks to a new free trade agreement. This is the first trade agreement to be fully completed by the United Kingdom after its exit from the European Union at the beginning of this year. British Prime Minister Boris…
Read MoreShell moves its head office to the UK and becomes British
Oil and gas company Shell wants to become fully British on paper. The Group will present this change to its shareholders. The head office will also be moved to the UK, where board and management meetings will be held, among other things. Shell wants, among other things, to end the…
Read MoreThe British government cuts tens of billions and increases taxes Economy
Door onze economieredactie 17 nov 2022 om 17:15 The UK government is making significant spending cuts. The country is making cuts of more than 30 billion pounds (34 billion euros) and is also increasing taxes by about 24 billion pounds. British Finance Minister Jeremy Hunt and newly appointed Prime Minister…
Read MoreThe UK economy will be the only one of all the major economies to contract this year: even Russia will do better | Economy
The British economy is in the worst condition among all advanced economies this year. This is clear from the new forecasts of the International Monetary Fund. The United Kingdom will be the only country in the G7 to see its economy contract. Even Russia will do better, despite Western sanctions…
Read MoreTheresa May is the new Prime Minister of Britain, and Boris Johnson is the Foreign Secretary
AP photo May said that under her leadership, the United Kingdom would play a “bold and positive new role in the world.” The country is facing great change, but it faces this challenge with confidence. The ‘ordinary Briton’ will be pivotal, says the new Prime Minister. He added: “My government…
Read MoreThe British economy narrowly avoids recession
The UK narrowly avoided falling into recession at the end of last year, with zero growth in the fourth quarter. This was evident in the figures released by the British Statistics Office on Friday.
Read MoreBritish Foreign Secretary Johnson resigns Britain’s exit from the European Union
09 jul 2018 om 16:04 Update: 5 jaar geleden British Foreign Secretary Boris Johnson announced on Monday his resignation from his position BBC Following a statement from Downing Street. Ontvang meldingen bij belangrijke ontwikkelingen Stay informed with notifications Johnson’s decision comes in the wake of the resignation of Brexit Secretary…
Read MoreExtra help against Brexit fatigue | News article
News | 09-26-2019 | 16:17 As of today, central government is launching new tools with which businesses and healthcare organizations can prepare for Brexit. The aim is to point out potential blind spots in their preparation as entrepreneurs or make them take a critical look at whether they are resistant…
Read More