UK news

 

The British government will make a long-awaited decision next week on plans to boost London's airport capacity, a spokeswoman said Tuesday, with growing speculation that it will back expansion at Heathrow.

In a rare move, ministers opposed to the decision will be allowed to voice their views when the preferred option is revealed, a spokeswoman for Prime Minister Theresa May's Downing Street office said.

The unusual arrangement comes amid mounting speculation that the government will back a new runway at Britain's busiest airport, Heathrow, after years of debate and wrangling over the issue.

The decision on whether to approve this option or instead expand London's Gatwick airport will be taken by a cabinet sub-committee on transport, which includes May and Finance Minister Philip Hammond.

The spokeswoman said the decision had been "delayed for too long" and should be made now "in the national interest", after cabinet ministers met Tuesday to discuss the matter.

 

 

Britain's stock market scored a record high Tuesday as share prices were boosted by the weak pound, which lifts exporters, and a recent bounce in oil prices.

At about 1120 GMT, London's FTSE 100 index of top blue-chip companies jumped to 7,129.83 points, beating the previous record set on April 27, 2015.

"There's been two key factors driving the FTSE to record highs," Oanda analyst Craig Erlam told AFP.

"The first is the dramatic depreciation of the pound, as a large proportion of FTSE 100 company profits are generated abroad. The weak pound therefore boosts earnings in sterling terms."

The energy-heavy benchmark FTSE 100 index has also been buoyed by Monday's rebound in oil prices.

Customers at Sainsbury’s Nine Elms had a helping hand at the till by a local cause. Volunteers from Tooting & Balham Sea Cadets were providing a bag-packing service for customers on Saturday 1st and Sunday 2nd October 2016, to raise money for a new gallery that will allow the cadets to gain more catering qualification within the unit and for the juniors to gain modules.

The Tooting & Balham Sea Cadets , situated in Mellison Road have been supported by Sainsbury’s Nine Elms Point for years. The store have supported the Tooting & Balham Sea Cadets so far by allowing the charity to have awareness stands, collections days and bag packing in store.

Jessica Burton from Tooting & Balham Sea Cadets who was taking part in the bag-packing said: “We was really looking forward to helping pack checkout customer’s shopping and now we would like to take the opportunity to thank Sainsbury’s for their support and helping to raise awareness of our Tooting & Balham Sea Cadets.”

 

Syrian and Russian air strikes on Aleppo have prompted accusations of war crimes over claims they involve sophisticated weaponry that can have a devastating effect in residential areas.

It is not clear exactly what armaments have been deployed but UN Secretary-General Ban Ki-moon cited reports of incendiary weapons and bunker buster bombs, while barrel bombs and cluster munitions have also been used previously in Syria.

Which weapons might have been used?

- Bunker busters: named for their use in penetrating hardened targets such as underground military headquarters.

- Incendiary weapons: used to start fires, including materials such as napalm and white phosphorous, which can cause severe burns if they come into contact with skin.

They have a legitimate function of generating smokescreens.

 

 

The 'passport' rights allowing 5,500 British-based financial firms to operate freely across the European single market are at stake in the fallout from Brexit, posing a 'significant' risk to the finance sector, the country's financial watchdog has revealed.

Some 8,000 financial firms based elsewhere in the European Union also do business in Britain via passporting, and their rights are likewise threatened, data from the Financial Conduct Authority (FCA) regulator showed.

The passport scheme allows companies to do business across the 28-nation European Union -- and the 31-strong European Economic Area which includes Iceland, Liechtenstein and Norway.

In the run-up to Britain's EU exit referendum in June, major players in the City of London finance district warned about the impact of a possible departure from the EU single market -- and the loss of passporting.

The future of those rights is uncertain ahead of the expected start of Brexit negotiations next year to draw up a formal new trade deal with the EU.

"These figures give us an initial idea of the effects of losing full access to the single market in financial services," said lawmaker Andrew Tyrie, who heads parliament's Treasury Select Committee (TSC).

Britain has criticised Hungary's government for a leaflet being distributed there ahead of its referendum on EU migrant quotas which indicates parts of Britain as "no-go areas" due to high numbers of immigrants.

The no-go zones map of Europe came out as a newspaper ad in Hungary several months ago. It has now been included in the 18-page pamphlet posted to millions of people ahead of the referendum next month.

"This leaflet is clearly inaccurate. There are no areas in the UK in which the laws of the UK cannot be enforced," Britain's Foreign and Commonwealth Office said in a statement.

The British embassy in Budapest has complained to the Hungarian foreign ministry about the publication.

 

 

Britain finally gave the go-ahead Thursday for Hinkley Point, its first nuclear plant in a generation, but set conditions to address concerns over China's role in a flagship project for Europe's nuclear sector.

The announcement, welcomed by its French and Chinese backers, came two months after Prime Minister Theresa May caused shockwaves by ordering a review of the £18 billion (21 billion euro, $24 billion) deal brokered under her predecessor, David Cameron.

China has a one-third stake in the project and analysts had warned that Britain could have jeopardised relations with the world's second-largest economy if it scrapped the deal while critics said it could give China the power to turn off the lights.

Jean-Bernard Levy, chief executive of the French state-owned power company EDF, said the move "relaunches nuclear power in Europe".

EDF's board had already approved its participation in the project in southwest England in July when May's government suddenly announced it was pausing it.

 

 

Aung San Suu Kyi on Tuesday met with British Prime Minister Theresa May during her first visit to London since becoming Myanmar’s de facto leader, with the thorny issue of human rights on the agenda.

The two women discussed the challenges faced by Myanmar as it transitions from military rule to democracy during Suu Kyi’s first visit outside of Asia since her party’s election victory last year.

“They agreed that to create a society that truly works for all, it would be important to see Burma [Myanmar] make further progress in the creation of jobs, in improving access to quality healthcare, and on reforming the education system,” said May’s Downing Street office.

 

 

Britain’s desire to become a free trade leader following its vote to leave the European Union is seen as wishful thinking by experts, who say London’s hands are tied until a formal exit from the bloc.

Prime Minister Theresa May used this month’s G20 summit in China to explore potential trade deals with Australia, India, Mexico, Singapore and South Korea.

But international trade experts have been quick to highlight Britain’s lack of experience in such negotiations.

“Currently, legally speaking, the UK is part of the EU and therefore is not able to conclude free trade agreements,” said Hosuk Lee-Makiyama, director of trade policy think tank, the European Centre for International Political Economy.

“For me, it is more an experience problem because the UK has actually not negotiated” on such matters since 1973 when the country joined the European Union, Mr. Lee-Makiyama added.

At stake is Britain’s position as a major world economy along with its future economic and employment growth.

 

Britain’s desire to become a free trade leader following its vote to leave the EU is seen as wishful thinking by experts, who say London’s hands are tied until a formal exit from the bloc.

Prime Minister Theresa May used this month’s G20 summit in China to explore potential trade deals with Australia, India, Mexico, Singapore and South Korea.

But international trade experts have been quick to highlight Britain’s lack of experience in such negotiations.

"Currently, legally speaking, the UK is part of the EU and therefore is not able to conclude free trade agreements," said Hosuk Lee-Makiyama, director of trade policy think tank, the European Centre for International Political Economy.

"For me, it is more an experience problem because the UK has actually not negotiated" on such matters since 1973 when the country joined the European Union, Lee-Makiyama added.

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