Tag: Latestnews

The National Security advisor of the UK,Stephen Lovegrove have expressed the probability of a nuclear war against Russia and the Asian superpower China as communication disrupted among the nations. Lovegrove has brought forward the lack of dialogue at this crucial point of time where it can further provoke things up to the point of a nuclear war.

UK: The battle for the position of the Prime Minister of the United Kingdom has intensified in the country. Recently, Rishi Sunak, the contender for the PM position, has vowed to crack down on the sex offenders in the country. He has promised stern action against the gangs who prey on children or young women and make those offenders subject to life imprisonment.

 UK: Rishi Sunak, who has always been reluctant to waive off taxes, has now announced a 5% VAT cut-off on energy bills. This is majorly being termed as a ‘u-turn’ by citizens and the supporters of Liz Truss. Sunak has never favoured tax cut-offs since the beginning of the campaign. On the flip side, Liz has been promising the tax waivers from the very beginning of her campaign for the position of Prime Minister of the UK.

Europe: Days after the flow of gas resumed in Europe from the Nord Stream 1, the Russian President Vladimir Putin, has announced yet another gas cut-off to Europe . This is being considered as a driving force for Europe towards recession in forthcoming times.

UK:  The country of United Kingdom is currently going through an all-time high rate of inflation.This has been the highest since the last 40 years. Amidst the upsurging borrowing costs, the probabilities of loan defaults is also high . Owing to this , Lloyds Banking Group  has set aside  £377m to cover for possible loan defaults in such economic conditions.