Sunak said the freeze was part of an approach to start fixing the public finances as he looks for ways to raise funds following unprecedented measures to support jobs and the economy during Covid
External Affairs Minister S Jaishankar on Wednesday spoke with British Foreign Secretary Dominic Raab and reviewed the progress in bilateral cooperation as well as discussed regional and UN issues. "Nice talking to UK Foreign Secretary @DominicRaab. Reviewed the progress in our bilateral cooperation. Also discussed regional and UN issues," Jaishankar tweeted. Raab had visited India last December and held talks with Jaishankar during which the two sides had agreed on the key elements of an ambitious 10-year roadmap to further broaden ties, and also boost strategic cooperation in the Indo-Pacific region.
A tax cut for home-buyers was also extended until the end of June
Sunak has so far spent almost 300 billion pounds ($419 billion) on emergency support measures and tax cuts
Britain will extend its huge job-protecting furlough programme by five months until the end of Sept and expand parallel support for the self-employed, finance minister is due to announce
The London Stock Exchange is facing tougher competition from NYSE and Nasdaq in New York, and from Euronext in Amsterdam since Britain fully left the European Union on Dec. 31
British cruise ships that are no longer meant for use are finding their way to India to be scrapped, according to a media report on Tuesday
Brexit cut fintechs' access to the EU single market and made it far harder to employ staff from the bloc, leaving Britain less attractive for the industry
Britain's vaccine programme has been among the fastest in the world, meeting a government target to offer a first dose of vaccination to 15 million high-risk people by mid-February.
Britain's departure from the European Union has cut the fintech industry's access to the world's biggest single market, making the UK less attractive for fintechs wanting to expand cross-border.
Britain has a 10% share of the global fintech market, generating 11 billion pounds ($15.6 billion) in revenue
Output in January fell by 27% year-on-year to 86,052 vehicles, hit by factors including dealership closures during a latest Covid-19 lockdown
Prince Philip, the Duke of Edinburgh, remains in a London hospital where he was admitted as a precautionary measure
The trial, due to start within a month, will see up to 90 healthy volunteers aged between 18 and 30 exposed to the smallest amount of the virus needed to cause infection
Another 15,845 people in Britain have tested positive for Covid-19, bringing the total number of coronavirus cases in the country to 3,945,680, according to official figures released on Sunday
The government said that almost all vaccines developed through the partnership would be variants of CureVac's existing shot, which is currently undergoing late-stage clinical trials
Britain has been rolling out the shot among all age groups after the Medicines and Healthcare products Regulatory Agency (MHRA) was the first regulator to approve it in December
BNPL, particularly popular with young people shopping for clothes, is offered by companies such as Clearpay, which is owned by Australia's Afterpay Ltd, Klarna, LayBuy, Openpay and Paypal
Britain will next week formally apply to join a trans-Pacific trading bloc of 11 countries, with negotiations set to start later this year, the government has said.
The funding is expected to be available until July 31 this year, Xinhua news agency reported