Tag: UK
Biden to meet Sunak and King during UK visit
The context of this presidential visit can be summarised in two numbers. President Biden was last in the UK three months ago. And this visit is the fifth time in five months Prime Minister Rishi Sunak and President Biden have met. And you only need one word to describe this trip. Short, just like the last one. President Biden was in Belfast in April en route to the Republic of Ireland for a longer trip. This time, he is en route to the summit of the defence alliance Nato, which is taking place in Vilnius in Lithuania on Tuesday and Wednesday. It [Read More…]
UK economy shrank more than previously thought
The UK economy shrank by more than first thought in the three months to September, revised figures show. The economy contracted by 0.3%, compared with a previous estimate of 0.2%, as business investment performed worse than first thought, the Office for National Statistics (ONS) said. Growth figures for the first half of 2022 have also been revised down. The UK is forecast to fall into recession in the final three months of the year as soaring prices hit growth. A country is considered to be in recession when its economy shrinks for two three-month periods – or quarters – in a [Read More…]
