Tag: Britain

Economy featured

Britain’s unemployment rises to 5%, highest since 2021

Britain’s unemployment rate experienced a larger-than-expected rise in the third quarter, reaching five percent, marking the highest level since early 2021. This official data was released on Tuesday, just before a critical UK government budget announcement. The unemployment rate increased from 4.7 percent in the second quarter, according to the Office for National Statistics. This […]

Britain urges Meta not to implement end-to-end encryption
News

Britain urges Meta not to implement end-to-end encryption

Alex Omenye Britain has asked Meta not to implement end-to-end encryption on Facebook Messenger and Instagram without safeguards to guard against child sex abuse. End-to-end encryption will be implemented across Messenger and Instagram direct communications, according to Meta, which currently encrypts messages on WhatsApp. The company claims the technology reinforces safety and security. Suella Braverman, […]

An energy bill notification on phone
Business

Uk energy regulator reduces power bill price cap

UkThe Office of Gas and Electricity Markets, a UK energy regulator, on Monday reduced its price cap on energy bills for households starting April. According to Reuters, Ofgem lowered the cap to a yearly cost of 3,280 pounds ($3,925.18) from the current 4,279 pounds for a dual-fuel household, which shows a reduction in the wholesale […]

Flag of United Kingdom
Business

UK’s inflation drops to 10.1% in Jan 2023 – Report  

The UK recorded a fall in Consumer Price Inflation rate dropped beyond expectations from 10.5 in December to 10.1% in January. The closely watched measures of price growth also dropped according to official data. A prediction by the economists polled by Reuters stated that the CPI would drop in January by 10.3% from the 11.1% […]