The power grid can’t keep up with demand for connections, and local planning authorities can block new construction for years. Overcoming these roadblocks has gained essential support.
Category: Great Britain
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U.K. Inflation Unexpectedly Cools to 3.9 Percent, Lowest in 2 Years
Price growth slowed as fuel costs declined and food inflation continued to ease.
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Dress Worn by Princess Diana Sells for a Record $1.15 Million
The black and blue evening dress sold for more than 11 times the expected price, a sign of Diana’s continuing allure more than a quarter century after her death.
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Bank of England Keeps Interest Rates at 5.25%, a 15-Year High
The British economy has showed signs of slowing down, with inflation dropping below 5 percent in October, but the bank gave no sign of a rate cut anytime soon.
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UK Accuses Russia of Yearslong Cyberattacks
The government said a group “almost certainly” linked to Russia’s intelligence service carried out sustained cyberespionage operations with the goal of undermining trust in the British political system.
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E.U. Relaxes Trade Rules on Electric Cars From Britain
The British and European car industries had lobbied for a delay in a measure that would have added costly tariffs to many electric vehicles.
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E.U. Relaxes Trade Rules on Electric Cars from Britain
The British and European car industries had lobbied for a delay in a measure that would have added costly tariffs to many electric vehicles.
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U.K. Opens Inquiry Into Jeff Zucker’s Emirati-Backed Bid for The Telegraph
British regulators announced a review into whether the bid, backed mostly by funds from the United Arab Emirates, could result in adverse foreign influence over the British press.
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London’s Black Cabs Can Soon Join Uber. But Will They?
In 2024, passengers are set to have the option to book black cabs through Uber. After longstanding tensions, a union for drivers said they “have no interest.”
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Nissan Will Build 3 Electric Car Models at Its Plant in England
The company said it would build three electric models at its plant in northeast England, bolstering the future of Britain’s auto industry.
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U.K. Cuts Workers’ Taxes as Sunak Faces Election and Stagnant Economy
Britain’s top financial official, Jeremy Hunt, outlined measures to spur business investment and push more people into work.
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Jeff Zucker Nears Major Deal to Re-enter the News Business
The veteran TV executive is poised to take control of two prominent British news outlets, The Daily Telegraph and The Spectator, and may expand them into America.