A half-point rate increase, to 4 percent, the highest since 2008, is widely expected as the central bank continues its campaign to control inflation.
Category: Great Britain
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Chinese Travel Is Set to Return. The Question Is, When?
The country has dropped restrictions on overseas journeys for its citizens, but once-popular destinations are still waiting for the flood of vacationers to arrive.
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Sylvia Syms, Versatile British Actress, Is Dead at 89
In a career that began in the 1950s, she had roles that ranged from the lead in the movie “Teenage Bad Girl” to Margaret Thatcher and the Queen Mother.
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Sylvia Syms, Versatile British Actress, Is Dead at 89
In a career that began in the 1950s, she had roles that ranged from the lead in the movie “Teenage Bad Girl” to Margaret Thatcher and the Queen Mother.
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British Airline, Flybe, Collapses a Second Time
Flybe, once the largest independent regional airline in Europe, canceled all flights on Saturday. A new owner failed to save the carrier, which was already struggling when the pandemic hit.
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For British Farmers, the Effects of Brexit Have Become Clearer
In the years since Britain voted to quit the E.U., many Eastern Europeans have left the country, adding to a shortfall of about 330,000 workers. The food and farming sectors have been hit particularly hard.
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U.K. Inflation Slows but Remains Stubbornly High
Consumer prices rose 10.5 percent in December, the second consecutive monthly decline, thanks to easing gasoline and clothing prices.
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British Battery Start-Up Files for Bankruptcy
The failure of Britishvolt is a blow to Britain’s plans to promote the manufacture of electric cars, and threatens the future of its automotive industry.
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Kevin Spacey Pleads Not Guilty to 7 Charges of Sexual Misconduct in U.K.
The Oscar-winning actor had already pleaded not guilty in July to five other counts of sexual misconduct. He is currently out on bail.
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Virgin Orbit Offers More Details on Rocket Failure
More than 110 miles above earth, the rocket’s second-stage engine prematurely shut down before entering orbit, causing the loss of nine satellites.
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Virgin Orbit’s Failed Launch a Setback for U.K.’s Space Industry
When a Virgin Orbit rocket fell short of orbit, it dealt a blow to Britain’s space program and the companies whose satellites were lost in the mission.
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Britain Is on the Verge of Its First Satellite Launch
A rocket launched from a Virgin Orbit jumbo jet is expected to put satellites into orbit, a step for Britain into the space launch business.