GREEN POLICIES OF UK
New PM Starmer pledges to rebuild Britain after years of chaos
Keir Starmer at Downing Street, after Labour’s landslide victory, pledged to restore trust and rebuild Britain. But he warned that it will take time.
The team set to govern Britain under new PM Starmer
Keir Starmer leads Labour to victory in the 2024 election, forming a new government with key appointments like Angela Rayner as Deputy PM and Rachel Reeves as Chancellor of the Exchequer. The team aims to implement strategic policies for the country.
UK election-winner Starmer inherits weak economy with 'no magic wand'
Living standards have stagnated since Conservatives took power in 2010 and Britain's recovery from the COVID pandemic has been the weakest among big rich nations after Germany. Starmer will be under pressure to use Labour's huge majority in parliament to end the sense of decline, from creaking public services and inflation-hit personal finances to a shortage of housing and weak business investment.
He's derided as dull, but Keir Starmer becomes UK prime minister with a sensational victory
Starmer has led Britain's Labour Party to a landslide election victory, and on Friday will become prime minister - the first leader from the center-left party to win a U.K. national election since Tony Blair, who won three in a row starting in 1997.
Key issues at stake in the UK election
The UK general election on Thursday faces key issues: Labour's predicted win amidst lacklustre campaign, voter apathy towards party leaders, Farage's Reform UK surge, potential Tory setback, SNP's struggles for independence, and Lib Dems' resurgence with unique campaign strategies and focus on pro-European and climate policies. Turnout and results will shape the future government.
Who are the main players in the UK's upcoming national election?
Prime Minister Rishi Sunak's Conservatives are widely expected to lose to the main opposition party, the left-of-center Labour, after 14 years in power under five different prime ministers. The Conservatives and Labour traditionally dominate British politics under the U.K.'s "first past the post" electoral system, which makes it difficult for smaller parties to win representation in Parliament.
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Who is Keir Starmer, the Labour leader favoured to win Britain's July 4 election?
Labour Party leader Keir Starmer, a managerial and dutiful figure, aims to lead the UK towards stability and change after years of Conservative rule. A former prosecutor, Starmer stresses his everyman credentials and seeks to appeal to voters with a message of reassurance. Facing challenges from both left and right, Starmer's pragmatic approach has helped Labour surge in the polls ahead of the upcoming election.
Green Cards for Grads: Trump’s new vote magnet?
Former President Donald Trump's proposal to grant Green Cards to foreign graduates could reshape international student dynamics and immigration policies, impacting countries like Canada, Australia, and the UK. However, uncertainties remain regarding the feasibility and implications of this initiative.
Bather, beware: British beaches and rivers have a sewage problem. It has seeped into election talk
Endurance swimmer Joan Fennelly faces contaminated water in the River Thames while swimming year-round. She takes precautions due to sewage and agricultural pollution in the waterways of Britain.
France's Macron urges a green light for Ukraine to strike targets inside Russia with Western weapons
French President Emmanuel Macron urged Western allies to allow Ukraine to strike Russian military bases using long-range weapons provided by the West. Macron's call, echoed by NATO Secretary-General Jens Stoltenberg, comes amid Ukraine's struggles due to delayed military aid and shortages. While Western leaders have been cautious, fearing escalation, Macron emphasized targeting only Russian bases launching attacks on Ukraine. The U.S. remains hesitant, maintaining restrictions on using its weapons to strike inside Russia. Recent European pledges include significant military support from Belgium, Spain, and Sweden.
Nifty to hit 26,500 in next 18 months, predicts Emkay Investment Managers
The domestic brokerage expects Nifty earnings growth of 15%. It has suggested investors adopting a multi-cap approach, with equal proposition in largecaps and midcaps, to take advantage of a broad-based growth in Indian equity markets. Here are 5 themes to watch out for as suggested by Emaky.
Sometimes U.S. and U.K. politics seem in lockstep. Not this year.
British Prime Minister Rishi Sunak has called an early general election for the UK, announcing that he does not expect Britain's economic news to improve between now and the fall. The election is expected to be held on July 4, as the US political calendar has not played a significant role in the outcome.
India seen to emerge as an economic superpower in impending problem-ridden global financial landscape
Global recession risks have diminished, but inflation concerns threaten financial stability. The IMF, World Bank, and rating agencies forecast a slowdown in global growth, citing Middle East conflicts, financial stress, persistent inflation, and reduced international trade as key risks. The IMF's Global Debt Monitor reveals global debt at $235 trillion, or 238% of global GDP, raising fears of a debt crisis. Fiscal prudence may suffer as many nations face elections this year.
UK General Election 2024: Why will Labour Party's Jeremy Corbyn contest as an independent candidate? Details here
Jeremy Corbyn has announced his candidature as an independent candidate from Islington North. He has been contesting from this constituency for the past 40 years.
Study abroad: US, UK, Canada, Germany, Australia — which is the best country for Indian students in terms of education cost, scholarships, jobs?
Aspiring to pursue higher studies at prestigious universities like Harvard, Cambridge, Stanford, Oxford, MIT, and others is a common goal for many Indian students. However, achieving this aspiration often presents numerous challenges. Before making a final decision about studying abroad at these highly sought-after destinations, it's essential to carefully consider various factors. Let's explore the key considerations for Indian students aiming to study in these top 5 destinations.
After Museum Gallery, Adani Group to fund policy thinktank
This move pitches the infrastructure conglomerate in direct competition with RIL-backed Observer Research Foundation or ORF, a think tank that took shape in 1990. ORF, based in New Delhi, has emerged in recent years as one of India's most high-profile thinktanks.
Suits & Sayings: Gallery Gupshup
ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours.
Dubai’s ‘sustainable city’ was supposed to start a trend. It hasn’t yet
Seven years and 1.3 billion dirhams ($354 million) in construction costs later, only some parts of that claim have been realised.
Charting the global economy: UK, Japan fell into recession at the end of 2023
The euro-area economy is entering 2024 on a weaker footing than previously expected, according to new European Union forecasts that anticipate another year of subdued growth.
UK by-election results deliver double trouble for Rishi Sunak
The results reflect double trouble for the British Indian leader as the Conservatives had won both seats by decisive margins at the last general election under Boris Johnson in December 2019.
Green Card approval rate drops to record lows as Indians face a wait of more than a century
Only 3% of green card applicants in the US are expected to get permanent status in FY 2024, leading to a backlog of 34.7 million pending applications. The Green Card Lottery has a declining win rate, and the family-sponsored and employment-based immigration systems face challenges.
Eye on green transition, slew of incentives in works for steel cos
India considers incentives and policy prescriptions to tackle carbon taxation challenges, including Europe's CBAM. Recommendations from 13 task forces on decarbonizing the steel sector will be compiled into an integrated document and floated for stakeholder consultations. The document will suggest investment incentives like concessional finance and long tenure loans to ensure a level playing field among domestic steel makers.
A volley of regulations: India’s exports have to learn to navigate EU’s green law maze
Most Indian companies are not yet capable of complying with the European Union’s proposed green regulations. While the government can impose a retaliatory tax, experts say such rules are inevitable in today’s world.
Smarter energy use is a new green bet for big-money investors
The business of energy efficiency is attracting greater interest after power and natural gas prices jumped during a global energy crisis.
Chancellor of the Exchequer Jeremy Hunt's autumn statement: All you need to know about the UK's 2024 economic plans
Chancellor Jeremy Hunt unveils UK economic plans for 2024, featuring a 6.7 per cent increase in benefits, an 8.5 per cent rise in state pensions, £500 million for AI innovation centers, £4.5 billion boost to manufacturing, and commitments to defense spending and combating anti-Semitism, emphasizing successful economic recovery post-pandemic and energy challenges.
UK PM Rishi Sunak defends shift in climate policy as 'realistic' approach
Net Zero refers to global commitments that harmful greenhouse gas emissions must be balanced by carbon dioxide removals over a specified time period, with the UK committed to meeting it by 2050. Sunak's newly appointed Energy Security and Net Zero Secretary, Indian-origin minister Claire Coutinho, backed up her boss on the shift in strategy.
Suella Braverman defends Rishi Sunak's new approach to green commitments
It is now clear that UK Prime Minister Rishi Sunak is determined to water down the green commitment. Home Secretary Suella Braverman has said that the government can not tackle climate change by "bankrupting the British people". Know in detail how the opposition, some Tory MPs and the automobile industry have reacted to it.
Trend line on India-UK FTA very positive, says High Commissioner Doraiswami
On the wider bilateral partnership, Doraiswami expressed similar optimism around an "obvious synergy" across different sectors.
UK carbon price plunge raises risk of green levies on exports to EU
Industries across the world are preparing for the EU's carbon border tax which will come effective from 2026 imposing a fee on polluting imports.
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