Starmer told that £200 million for Grangemouth must be ‘used correctly’ February 23, 2025 An extra £200m from the UK government for the Grangemouth oil refinery ahead of its closure will need to be “used correctly” if it is to have a “transformative impact”, a leading trade unionist said. Roz Foyer, general secretary of the Scottish Trades Union Congress, also said further money from both the UK and Scottish [...]
Defence spending: 2.5 per cent of GDP is ‘ambitious,’ minister says February 23, 2025 Raising UK defence spending to 2.5 per cent of national income is “ambitious”, a cabinet minister has insisted as the government faces pressure to increase investment. It comes amid uncertainty over the future of the war in Ukraine, as the US began negotiations with Russia, excluding Kyiv from talks. Education secretary Bridget Phillipson sought to [...]
UK to unveil new Russia sanctions to mark three years of Ukraine war February 23, 2025 The UK will unveil new sanctions to “turn the screws” on Russia as it marks three years since Moscow’s invasion of Ukraine. David Lammy said he would announce the sanctions, which he called the largest package of measures since the early days of the conflict, on Monday to coincide with the anniversary. The foreign secretary [...]
Starmer to set date to increase defence spending during Trump visit – report February 23, 2025 Sir Keir Starmer is expected to confirm a timeline to raise defence spending and give Donald Trump an invitation for a state visit when he visits Washington next week, per a report. The Prime Minister will have to walk a tricky line when he meets President Trump, balancing the UK’s support for Ukraine with the [...]
Almost 300 pubs closed last year ahead of cost rises February 17, 2025 The British Beer and Pub Association warned that urgent Government action is needed to avoid more “completely avoidable” closures.
John Major warns of ‘dangerous world’ if US does not stand behind allies February 16, 2025 A world in which the United States does not support its allies will be “rather more dangerous”, former prime minister Sir John Major warned.
Trump’s steel tariffs would damage UK and US, says Business Secretary February 16, 2025 The Government has promised a package of up to £2.5bn to boost the UK steel industry and help secure its future.
HSBC set to unveil bigger profits as cost-cutting overhaul in focus February 16, 2025 HSBC is set to unveil bigger profits as investors prepare for an update on the bank’s cost-cutting overhaul, while earnings for Lloyds will be in focus amid a long-running motor finance probe. Rivals Barclays and NatWest set the tone for the banking sector when they reported stronger earnings this week, despite UK interest rates starting [...]
Government announces multibillion-pound plans to boost UK steel industry February 16, 2025 The government has announced multibillion-pound plans to boost the UK steel industry and help secure its future. A consultation was launched aimed at looking at long-term issues facing the sector such as high electricity costs, unfair trading practices, and scrap metal recycling. In the face of US President Donald Trump’s plans for tariffs on products [...]
Zelensky says time has come for creation of ‘armed forces of Europe’ February 15, 2025 Ukrainian president Volodymyr Zelensky says the time has come for the creation of an “armed forces of Europe”, and says his country’s fight against Russia has proved that a foundation for it already exists. The Ukrainian leader said Europe cannot rule out the possibility that “American might say no to Europe on issues that threaten [...]
