Britain’s petrol and diesel prices have reached record highs, according to new figures. Statistics from data firm Experian Catalist show the average cost of a litre of petrol at UK forecourts on Tuesday was 167.6 pence. The previous record of 167.3p was set on March 22, the day before a 5 pence cut in fuel…
China Could ‘Rapidly Expand’ Its Nuclear Warhead Stockpile, UK Peers Are Told
Nuclear weapons are “becoming more important” than they have been since the height of the Cold War, the House of Lords’ International Relations and Defence Committee has been told. Andrew Futter, a professor of international politics at the University of Leicester, told peers on May 17: “China’s stockpile is probably around 300 or 400, that’s…
British Virgin Islands Premier Got Arrested for Alleged Cocaine-Smuggling to the US
News Analysis The U.S. Drug Enforcement Administration just stung a very big fish who allegedly promised to facilitate three tons of Colombian cocaine deliveries every month to the United States. Andrew Fahie, the premier of the British Virgin Islands (BVI), got caught inspecting a $700,000 bribe in designer shopping bags on a private jet, according…
Britain to Introduce Tough New Laws to Counter Foreign Spies
The British government is to introduce new legislation aimed at cracking down on foreign spying and interference in the country’s economy and democracy. The Foreign Influence Registration scheme forms part of the National Security Bill announced Tuesday in the symbolic Queen’s Speech, which outlines the legislation intentions of the government in the next session of…
Beef Emerging as Sticking Point in Free Trade Talks Between Canada and Britain
A potential clash over hormone-treated Canadian beef is emerging as a sticking point as free trade talks between Canada and Britain formally begin. U.K. Trade Secretary Anne-Marie Trevelyan and her Canadian counterpart, Mary Ng, are announcing the start of talks today in Ottawa. Britain and Canada have already negotiated an interim trade agreement to replace…
New US-UK Trade Accord Rolls Back Trump-Era Tariffs
March 22, 2022
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The United States and Britain struck a trade deal on Tuesday to lift American tariffs on British steel and aluminum, while the U.K. will remove levies on U.S. motorcycles, whiskey, and tobacco. Britain will be able to ship “historically-based sustainable volumes” of steel and aluminum goods to the United States starting June 1 without tariffs…
Britain Aligns With EU on Basel Bank Capital Rules
March 21, 2022
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LONDON—The Bank of England said on Monday that it planned to implement a final set of post-financial crisis capital requirements for banks from January 2025, bringing Britain in line with the European Union in a move that banks will welcome. Tough bank capital reforms were agreed at the global level after banks were bailed out…
Soaring Fertiliser Costs Add to Pressure on UK Food Prices
British Farmers are dealing with a perfect storm of historic high prices of fuel and fertiliser leading to fears of increased food prices and potential shortages. Potato farmer and independent agronomist from Lincolnshire, Mike Neaverson told The Epoch Times by email that he was covered for fertiliser this season “but many are not.” In the…
Canada, Britain Discussing Russia Sanctions If It Invades Ukraine, Says UK Envoy
OTTAWA—Britain’s envoy to Canada says the two countries are co-operating on a tough new set of sanctions against Russia if it invades Ukraine. Susannah Goshko, the British High Commissioner to Canada, said her country’s passage of new sanctions legislation on Thursday will strengthen its ability to target individuals close to President Vladimir Putin if Russian…
British Drivers Slapped With Over 22,000 Parking Tickets Every Day
British drivers are being handed an average of more than 22,000 tickets every day by private parking firms, according to new research. Companies issued four million tickets to British motorists between April and September, analysis of Government data by the PA news agency revealed. This was despite car use being more than a quarter below…
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