United Kingdom News

  • UNWTO: International tourism – strongest half-year results since 2010

    AFGHANISTAN, 2017/09/09 Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010. Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.

  • China confident to get new UK nuclear power plant approval after Hinkley

    CHINA, 2017/09/04 The construction site of the Hinkley Point C project in Hinkley, Britain.

  • US LNG exports make European market more competitive

    ALBANIA, 2017/08/27 The European gas market is becoming additional and additional competitive and US exports of liquefied natural gas (LNG) are part of this landscape, Francis Perrin, energy expert, chairman of Energy Strategies and Policies (France) told Trend. “Energy is always a strategic business. Economic aspects are very significant of course, particularly the price of LNG, but nations as well take into account strategic issues. For some Central and Eastern European nations one of the key priorities of their energy policies is the diversification of their supplies, in particular gas imports, in order to reduce their dependence on Russia,” said the expert.

  • UK exports to Iran increase by 200

    IRAN, 2017/08/26 During the initial four months of the current fiscal time(March 20-July 21) the United Kingdom’s exports to Iran had registered a large rise by 200 % and stood at $432 million. The UK was the ninth top goods exporter to Iran during the period, with 2.7 % share of Iran’s in general imports, which amounted to $15.813 billion‎, according to the new statistics released by the Trade Promotion Organization of Iran. Besides UK, Germany ($864 million, 29 % increase y/y), Switzerland ($663 million, 81 % increase), France ($456 million, 51 % increase) and Italy ($420 million, 26 % increase) were the European nations that took place part the top exporters of goods to Iran, in ‎the period.‎

  • UK seeks to 'align' with EU on data protection rules

    EUROPEAN UNION, 2017/08/24 The United Kingdom will propose in a position paper on Thursday (24 August) to maintain a “strong next data relationship” with the European Union next exiting the bloc. “In the modern world, data flows increasingly underpin trade, business and all relationships,” digital minister Matt Hancock said in a statement released to UK media.

  • UK Household Finance Outlook Remains Downbeat In August

    UNITED KINGDOM, 2017/08/22 British households remained pessimistic about their financial outlook in August, while their financial pressures somewhat softened, results of a survey by IHS Markit and financial data provider Ipsos Mori revealed Monday. The seasonally adjusted Household Finance Index, or HFI, rose to 43.5 in August from July's 3-year low of 41.6. However, a score below 50 suggests pessimism regrading finances part the U.K. households.

  • 'Hard' Brexit offers '£135bn annual boost' to economy

    EUROPEAN UNION, 2017/08/21 Removing all trade tariffs and barriers would help generate an annual £135bn uplift to the UK economy, according to a group of pro-Brexit economists. A "hard" Brexit is "economically much superior to soft" argues Prof Patrick Minford, lead author of a statement from Economists for Free Trade. He says eliminating tariffs, either within free trade deals or unilaterally, would deliver huge gains.

  • UK will have to pay beyond Brexit, EU warns

    EUROPEAN UNION, 2017/08/07 The EU's budget commissioner has warned that the UK would have to pay into the EU’s coffers until at least 2020, even next it has left the bloc in March 2019. Guenther Oettinger told the German newspaper Bild on Monday (7 August) that Britain is obligated to honour commitments it has made to the EU’s long-term programmes. The commissioner confirmed before calculations that the UK would have to pay even next Brexit, as some of the programmes and funds, which Britain has committed to, run on next 2019.

  • UK sets out new powers to impose sanctions after Brexit

    EUROPEAN UNION, 2017/08/02 The British government published plans on Wednesday for a bill that would give it the legal power to impose sanctions next it leaves the European Union, inclunding making it easier to cut off terrorism funding and freeze assets. Britain presently negotiates and imposes non-UN sanctions against specific nations through EU laws. Without the new legislation, it would not have the legal authority to enforce those sanctions.

  • EU citizens will need registration to enter UK in Brexit transition

    EUROPEAN UNION, 2017/07/29 UK home affairs minister Amber Rudd said EU nationals will be able to continue entering the UK during a transition period next Brexit, but will need to go through a registration process.
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