The UK’s Labor Party has a 19-point lead over the Conservatives, the Opinium poll shows

LONDON, Oct 1 (Reuters) – Britain’s opposition Labor Party has extended its lead over Prime Minister Liz Truss’s Conservative Party to 19 points, an opinion poll by market research company Opinium showed on Saturday, on the eve of the Conservatives’ annual conference. Opinium’s is the latest in a series of polls to show a growing … Read more

Britain has ‘too many’ low-skilled migrants, interior minister says

LONDON, Oct 1 (Reuters) – Britain has too many low-skilled migrant workers and very high numbers of international students, who often brought dependents with them, the country’s new interior minister Suella Braverman said in an interview with The Sun on Sunday newspaper. Braverman said new Prime Minister Liz Truss’s government aimed to stick to a … Read more

Cost of living and eco protesters bring London to a halt as they block bridges while…

1 October 2022, 15:07 | Updated: 1 October 2022, 15:51 Thousands of protesters were marching in London today. Picture: LBC/Enough is Enough Protesters have blocked Westminster and Lambeth Bridge in central London as they call for action on the cost of living crisis and the environment. The protest consisting of “thousands of ordinary people” marched … Read more

Tory MP takes down ‘hysterical’ BBC coverage of the economy – TalkTV

Tory MP takes down ‘hysterical’ BBC coverage of the economyTalkTV The UK economy still hasn’t recovered from the pandemic. Now it’s on the ropes againCNN UK economy still below pre-pandemic size, underscoring challenge for The UK economy grew slightly less than estimated in the second quarterMarketWatch UK Is the Only G-7 Economy Still Smaller … Read more

India Enters 5G Era as Debt-Laden Carriers Gird to Spend Billions

To capitalize on 5G, China has been rolling out smartphone apps and industrial projects such as super high-definition live streaming, remote manufacturing, virtual reality and robotic surgery arms. The country’s three state-owned carriers have introduced more than 25,000 such applications, according to a news article posted by the State Council on its website in August. … Read more

UK’s Truss: I recognize there has been market disruption

LONDON, Sept 30 (Reuters) – British Prime Minister Liz Truss said on Friday she recognized there had been some financial market disruption following the government’s so-called mini budget and that it was important monetary and fiscal policy are coordinated. Truss has so far argued market turbulence following the announcement of planned tax cuts a week … Read more

Bank of England won’t make emergency rate hike but will go big on Nov 3

Economists lift peak UK rates forecast after market chaos Median forecast for 75 bps rate hike on Nov 3 BoE intervenes in UK bond markets to restore order LONDON, Sept 30 (Reuters) – The Bank of England won’t raise interest rates before its next scheduled policy announcement on Nov. 3 despite a plunge in sterling … Read more

HSBC kicks off informal investor talks for Indonesian business IPO

HONG KONG, Sept 30 (Reuters) – HSBC Holdings Plc has started briefing investors on a potential initial public offering (IPO) of its Indonesian business, said two sources with direct knowledge of the matter. Executives at HSBC Indonesia have met with a group of fund managers in Singapore since last week to discuss details of the … Read more

EDF Plans To Extend Lifespan Of Two UK Nuclear Power Projects

The Nuclear Industry Association (NIA) has welcomed EDF’s intention to extend the lifespan of two of its domestic nuclear power projects. Tom Greatrex, the chief executive of the NIA, said: “Getting the most out of our existing nuclear stations is vital to ensuring Britain has a secure supply of power going forward. Extensions would provide … Read more