News And Announcements
Carmakers could stop selling polluting vehicles in UK to meet CO2 targets
Carmakers warned that they might stop sell polluting vehicles in the UK due to the hefty fines national targets to drastically cut CO2 emissions in the near future.
US intelligence will remain safe if UK uses Huawei 5G tech says MI5 head
US intelligence sharing will not be at risk from Chinese spying even if the UK uses Huawei’s technology for development of the country's 5G network, said the head of MI5, Andrew Parker.
UK should invest £50bn in green projects to avoid recession - New Economics Foundation
The UK government should combat the next recession by investing as much as £50bn into green projects which would reboot the economy and help combat the climate crisis.
Sterling loses ground as BoE's Vlieghe hints at rate cut
Sterling was under pressure on Monday after Bank of England policymaker Gertjan Vlieghe suggested that he would vote for an interest rate cut this month.
UK economy stagnates under weight of political turmoil, pound drops
The latest government data showed that Britain's economy shrank unexpectedly in November, sending the pound lower, but some economists were more upbeat, pointing to upwards revisions to past data to back up their assessment.