UK
Jeremy Hunt appointed UK’s new Chancellor after Kwasi Kwarteng sacked
London, Oct 14 Jeremy Hunt has been appointed Britain's new Chancellor of the Exchequer, replacing Kwasi Kwarteng. The former Foreign Secretary and Tory leadership contender will be the fourth Chancellor this year, the Guardian reported. Kwarteng has confirmed he was asked "to stand aside" as Chancellor. In a letter to ...Liz Truss in danger of becoming shortest-serving UK Prime Minister
London, Oct 14 The shortest-serving British Prime Minister was George Canning, who, in 1827, was in office for a mere 119 days. His term though was cut short not by political events, but by his premature death at the age of 57. The current incumbent of 10 Downing Street Liz ...Higher oil prices could tip the world economy into a recession: IEA
London, Oct 13 Western governments are furious after OPEC+ decided last week to slash oil production by the most significant amount since the start of the pandemic, and the cartel's actions may tip the global economy over the edge, the International Energy Agency has warned, media reports said. "With unrelenting ...Liz Truss battles to survive
London, Oct 13 UK Prime Minister Liz Truss is battling to survive as ministers refused to rule out an humiliating U-turn on tax cuts to appease increasingly mutinous Tories, media reports said on Thursday. The PM is desperately seeking solutions after a brutal showdown with her own MPs last night, ...Issue of UK visas will be resolved soon: Goa CM
Panaji, Oct 13 Goa Chief Minister Pramod Sawant on Thursday said that the Union Home Ministry has given an assurance to resolve the issue of the United Kingdom visas as soon as possible. "I have discussed the UK visa issue with Home Minister Amit Shah. It will be sorted out ...Women actually better at finding and remembering words than men: Study
London, Oct 13 Are women really better at finding and remembering words than men? A large study has now settled score. Accordign to researchers, women are better and the female advantage is consistent across time and life span, "but it is also relatively small". Marco Hirnstein, professor at The University ...Law firm which saved Amitabh Bachchan in Bofors case marks 40th anniversary
London, Oct 13 Zaiwalla & Co, the first Indian-owned City of London solicitors, marked the 40th anniversary of their formation at a packed and elegant reception at London's distinguished Victoria and Albert Museum on Wednesday evening. Established by Mumbai-born Sarosh Zaiwalla, in 1990, the firm shot to fame in India ...Recession fears mount as UK GDP falls 0.3% in Aug
London, Oct 13 The UK's gross domestic product (GDP) declined by 0.3 per cent in August, after growth of 0.1 per cent in July, the Office for National Statistics (ONS) has said. The 0.3 per cent GDP fall in August was below economists' previous forecast of zero growth, deepening the ...India-UK FTA may not meet Diwali deadline over immigration concerns
New Delhi, Oct 12 The India-UK free trade agreement (FTA) negotiations may get delayed and are unlikely to be finalised by Diwali, owing to concerns over it fuelling increased immigration to the UK. According to sources, UK's new Home Secretary Suella Braverman recently raised concerns over the deal, saying that ...Pound falls sharply after Bank of England gives bond-buying end date
London, Oct 12 The British pound has fallen sharply against the dollar after Bank of England Governor Andrew Bailey warned that it would not extend its emergency intervention in financial markets beyond this week, after the turmoil sparked by the government's mini-budget. The currency skidded by more than a cent ...
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