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Added on the 15/03/2023 13:09:38 - Copyright : Euronews EN
Britain's economy will rebound this year and not shrink as initially thought, but will grow far less than expected next year, finance minister Jeremy Hunt says as he presents his Autumn Statement to parliament. Gross domestic product will expand 0.6 percent in 2023, Hunt said citing the Office for Budget Responsibility fiscal watchdog, upgrading its prior forecast of minus 0.2 percent. GDP is then set to grow by 0.7 percent in 2024, which was sharply down from previous guidance for a 1.8-percent expansion. SOUNDBITE
UK Chancellor of the Exchequer (finance minister) Jeremy Hunt makes the traditional appearance with the Secretary of State's red box as he leaves 11 Downing Street to deliver his first budget to Parliament. The budget is expected to include more help on soaring energy bills and childcare costs, but the government is set to stand firm on rising public sector pay demands as the country endures a fresh wave of strikes. On Wednesday, teachers, civil servants, junior doctors, BBC journalists and London Tube drivers all walked out with UK inflation remaining above 10 percent. IMAGES
New British Prime Minister Liz Truss says she will "take action this week" on the energy crisis in the United Kingdom, as Britons tighten their belts in response to double-digit inflation and soaring energy costs. SOUNDBITE
Fuel tankers leave a depot in Grays, Essex, as the British army is set to begin delivering petrol to fuel stations after fears over tanker driver shortages led to panic buying and forced the government to offer visa waivers to foreign truckers to plug the shortfall. IMAGES
London, Jun 23 (EFE) .- (Camera: Patricia Rodríguez / Facundo Arrizabalaga) Representatives of the travel sector and the airlines of the United Kingdom demanded this Wednesday from the Government urgent measures with which to reopen in a "safe" way an industry battered by the pandemic, at a "critical" moment to save the summer season.FOOTAGE OF THE CONCENTRATION AND SOUNDBITES OF SOME OF THE PROTESTERS, IN ENGLISH.
Sir John Chilcot spoke to a press conference in London, on Wednesday, upon the release of the long-awaited 2.6 million word report into the Iraq War. In his speech, Chilcot stated, "The UK chose to join the invasion of Iraq before the peaceful options for disarmament had been exhausted. Military action at that time was not a last resort." He also concluded, "The dossier on Iraq was made on the basis of flawed intelligence and assessments."
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