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Showing posts with the label UK NEWS

Pride and pain of Queen Elizabeth funeral for old soldier who tackled a gunman

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 As seven horses drawing the casket of Queen Elizabeth II turned a particular corner during the procession of her coffin on Wednesday, Alec Galloway was brought to tears. Emotional memories of a moment of heroism came flooding back while Mr Galloway watched from his home near the royal residence in Windsor. On the television screen was the exact spot where a gunman in the crowd had fired six shots at the monarch during Trooping the Colour for her official birthday celebrations on June 13, 1981. Then a Lance Corporal with the Scots Guards, the 37-year-old feared the queen would be killed and launched himself at the attacker. “I’ll never forget that day as long as I live,” he told The National . “It’s something that will always stay with me. I thought it was a real live round and he was going to assassinate the queen. “I ran to the barrier and shoved it against him, got the gun out of his hand and then pulled him over the barrier by his hair, and kicked him in the head to prevent hi...

UK recession looms after economy shrank 0.1% in three months to June

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The UK economy contracted by 0.1 per cent between April and June, driven by a decline in spending by households and on fighting coronavirus, compared to growth of 0.8 per cent in the previous three months, the Office for National Statistics has said. It was the first fall back since the pandemic, in part reflecting time off for Queen Elizabeth II's platinum jubilee celebrations, stoking fears that a recession might be around the corner. The figure for June showed a 0.6 per cent decline because of the extra holiday at the start of the month, which followed surprise growth in May due to the celebrations. The state of the economy, and how to tackle the cost-of-living crisis in particular, has been the main focus of the race to become the next UK prime minister. With energy bills rising steeply, on top of increasing food and fuel prices, Rishi Sunak and Liz Truss have both been setting out plans for tax cuts or extra help for consumers. READ MORE : https://www.thenationalnews.com/Busi...

UK economy shrinks 0.3% as Covid testing ends

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The UK economy contracted for the second month in a row in April, falling by 0.3 per cent, official figures showed on Monday. It added to fears of a slowdown three days before the Bank of England announces the scale of its latest interest rate response to the surge in inflation. All three main sectors suffered a fall in output for the first time since January 2021, the Office for National Statistics (ONS) said. April’s drop in gross domestic product (GDP) was also the biggest contraction since January 2021 and follows a fall of 0.1 per cent in March. However, households showed signs of resilience despite higher inflation. Consumer-facing industries expanded 2.6 per cent in the month, led by a strong rise in retail sales. Read More : https://www.thenationalnews.com/world/uk-news/2022/06/13/uk-economy-shrinks-03-as-covid-testing-ends/