Page 4 - Rishi Sunak

UK takes top spot in Europe, Israel for GenAI startups, says Accel

Accel analysed 221 GenAI startups and found that 30 per cent were founded in the UK, 14 per cent in Germany, and 13 per cent in Israel

UK approval of arms exports to Israel plunged sharply at start of Gaza war

The United States and Germany increased arms sales to Israel after the start of the war with the Palestinian group Hamas in October last year

High cost of living bites UK. Many believe election won't change anything

Dominic Watters watches his gas and electricity metre like a hawk. He topped it up a few days ago, but now there's just 1.85 pounds (USD 2.40) of credit left. That may determine what kind of dinner he and his teen daughter get tonight, he says. Watters, a campaigner for better access to nutritious food, is a single dad in Canterbury in southern England who relies on government welfare. He knows microwave meals don't compare to home-cooked dinners, but sometimes he simply cannot afford to use the gas stove or oven. It's become more and more of a struggle, especially for single parents on benefits, he said. It leaves you feeling stranded. It doesn't allow you enough to pay for fresh fruit and vegetables, and also to pay for the gas and electric to cook the food. Since calling a general election for July 4, British Prime Minister Rishi Sunak has been at pains to repeat a key message on the campaign trail: The economy is turning a corner. Inflation is down. Things are looking up. That'

Highlights: Odisha CM Majhi allocates portfolios to ministers; keeps home, finance with himself

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Modi wraps up Italy visit, meets world leaders at G7 summit: Key takeaways

India was among 12 countries and five international organisations invited to the G7 summit by Italy

PM Modi, Meloni review progress of India-Italy strategic partnership

Prime Minister Narendra Modi and his Italian counterpart Giorgia Meloni have reviewed the progress of the bilateral strategic partnership and agreed to strengthen cooperation in global fora and multilateral initiatives, including the India-Middle East-Europe Economic Corridor. The two leaders met on Friday towards the end of Prime Minister Modi's day-long visit to Apulia, southern Italy, during which he thanked the Italian Prime Minister for the invitation to attend the G7 Summit. A Ministry of External Affairs (MEA) readout of the meeting said the leaders committed to fulfil their shared vision for a free and open Indo-Pacific and also discussed the India-Middle East-Europe Economic Corridor (IMEC). Both leaders look forward to joint activities to be implemented under the Indo-Pacific Ocean Initiative framework to fulfil their shared vision for a free and open Indo-Pacific," the Ministry of External Affairs said, amidst China's aggressive actions in the region. They also discussed

PM Modi, Rishi Sunak review FTA negotiations, vow to boost India-UK ties

Prime Minister Narendra Modi on Friday met his British counterpart Rishi Sunak and is believed to have discussed bilateral relations and issues of common interests. The two leaders met on the sidelines of the G7 summit here in the southern Italian resort city. Sunak and Modi last met in person at the G20 Summit in New Delhi last September, when they had agreed to accelerate the FTA talks with the hope of signing off before India's general election. However, the trade talks are now expected to resume only after a new UK government is elected on July 4. The India-UK FTA negotiations, which opened in January 2022, are aimed at significantly enhancing bilateral trade currently worth around 38.1 billion pounds a year as per official statistics from earlier this year.

India-UK FTA: Pending issues to be solved post Britain's general elections

The outstanding issues with regard to the proposed free trade agreement (FTA) between India and the UK will be taken up after the general elections in Britain, a senior government official said on Friday. The issues which need to be ironed out include duties in sectors like electric vehicles, alcoholic beverages, and services. "The outstanding issues to seal the deal will be resolved once the general elections in the UK are over," Additional Secretary in the Department of Commerce L Satya Srinivas told reporters here. The UK's general election will be held on July 4. India and the UK launched talks for an FTA in January 2022 to boost economic ties between the two nations. There are 26 chapters in the agreement, which include goods, services, investments and intellectual property rights. The bilateral trade between India and the UK increased to USD 21.34 billion in 2023-24 from 20.36 billion in 2022-23. On the India-EU trade pact, Srinivas said that the eighth round of talks is .

G7 Summit: UK PM Sunak advocates for 'decisive' support for Ukraine

Leaders of the Group of Seven (G7) nations on Thursday began their three-day summit on global affairs in the southern Italian region of Apulia, where Indian Prime Minister Narendra Modi has been invited for the Outreach session to be held on Friday. The Russia-Ukraine conflict is set to dominate the agenda as leaders of the G7 the United States, United Kingdom, Canada, Germany, France and Japan are hosted by Italian Prime Minister Georgia Meloni at the luxury resort of Borgo Egnazia on the Adriatic coast. While India has reiterated its stance on dialogue and diplomacy as the best approach, British Prime Minister Rishi Sunak is leading calls for decisive efforts to support Ukraine whatever it takes. We must be decisive and creative in our efforts to support Ukraine and end (Russian President) Putin's illegal war at this critical moment, Sunak said in a statement ahead of the summit talks. The UK remains at the forefront of the international response as we have been from the outset

Rise in Britain's jobless rate muddies PM Sunak's message to voters

Official data on Tuesday showed the jobless rate for the three months to April rose to 4.4 per cent from 4.3 per cent

Prince Harry can now appeal rejection of publicly funded security in UK

Prince Harry has been given permission to appeal the British government's rejection to provide him with publicly funded police protection in the UK. The Court of Appeal gave the Duke of Sussex the go-ahead to challenge a ruling earlier this year in the High Court. The permission was granted in May but only reported Thursday. Judge Peter Lane ruled in February that a government panel's decision to provide bespoke security on an as-needed basis after Harry quit as a working member of the royal family was not unlawful, irrational or unjustified. Insofar as the case-by-case approach may otherwise have caused difficulties, they have not been shown to be such as to overcome the high hurdle so as to render the decision-making irrational, Lane wrote. The long-running fight began more than four years ago when Harry first challenged the panel's decision, arguing that he and his family need an armed security detail because of hostility directed toward him and his wife Meghan, Duchess of Susse

UK polls: Britain's rich race to save their wealth from election hit

The UK was expected to lose a net 3,200 high-net-worth individuals last year, the most in Europe and double 2022's level, citizenship advisory firm Henley & Partners estimated

Election year reveals deep dissatisfaction among voters in democracies

In a community centre in East London, about 20 men gathered for their regular lunch meeting, sipping coffee and tea from mismatched mugs and engaging in an increasingly popular pastime in the world's democracies: Complaining about their government. They feel estranged from the country's leadership its wealthy prime minister and their members of parliament. It feels like you are second-class people. Our MPs don't represent us people. Political leaders don't understand what we go through, said Barrie Stradling, 65. Do they listen to people? I don't think they do.' In a coffee shop in Jakarta, Ni Wayan Suryatini, 46, bemoaned the results of the recent election, in which the son of Indonesia's former president ascended to the country's vice presidency and the opposition parties seemed to do little to stop him. It is difficult to trust them since they only want to reach their goals. As long as they achieve their goals, they will forget everything else, Suryatini said of politicians. A

UK PM Rishi Sunak plans to cap work and family visas annually: Details here

Prime Minister Rishi Sunak has pledged that a new Conservative government would cut the number of available visas each year

King Charles III banknotes to enter circulation, may be rare for some time

The Bank of England said that new notes will only be printed to replace those depicting Queen Elizabeth II that are worn or to meet any rise in demand at a time when cash usage is in decline

Over 100 business leaders back UK's opposition Labour Party before polls

Rishi Sunak's governing Conservatives have typically been the party of big business but Labour's finance policy chief Rachel Reeves has spent years courting business owners

Rishi Sunak faces pre-election turmoil as 78 Tory MPs, key ministers resign

UK faces political shakeup: 78 Conservative Party MPs, including key ministers, announced their exit ahead of snap elections which are slated to be held on July 4

Rishi Sunak's national service plan faces enforcement, funding questions

Sunak is hoping that, if he can't beat Labour leader Keir Starmer, he can at least save the Conservatives from a historic wipeout, his allies have told Bloomberg

Impending changes

The Tories stare at the likely end of 14 years in power

Rishi Sunak backtracks plan to restrict Graduate Route; tightens visa rules

The UK government decided to keep the Graduate Route intact for now after facing opposition from cabinet but introduced stricter measures for student visas to prevent abuse of the immigration system