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2021–present United Kingdom Cost-of-living Crisis
In late 2021, the prices of many essential goods in the United Kingdom began increasing faster than Income in the United Kingdom, household incomes, resulting in a fall in real incomes. The phenomenon has been termed a cost-of-living crisis. It is due in part to the economic impact of the COVID-19 pandemic, including 2021–2023 inflation surge, a global surge in inflation, as well as the economic instability caused by Economic effects of Brexit, Brexit and the Economic impact of the Russian invasion of Ukraine, Russian invasion of Ukraine. While all in the UK are affected by rising prices, the crisis most substantially affects Poverty in the United Kingdom, low-income persons. The British government has responded with measures including grants, tax rebates, and subsidies to electricity and gas suppliers. Regular pay began to outpace inflation beginning in May 2023, but living costs have remained at elevated levels, and have continued to increase faster than headline inflation i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of List of islands of the United Kingdom, the smaller islands within the British Isles, covering . Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. It maintains sovereignty over the British Overseas Territories, which are located across various oceans and seas globally. The UK had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the UK is London. The cities o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andrew Bailey (banker)
Andrew John Bailey (born 30 March 1959) is a British central banker and Governor of the Bank of England since 16 March 2020. Previously he served as the Chief Cashier of the Bank of England under Mervyn King from January 2004 until April 2011, Deputy Governor of the Bank of England for Prudential Regulation under Mark Carney from April 2013 to July 2016 and Chief Executive of the Financial Conduct Authority from 2016 to 2020. Education Bailey attended Wyggeston Boys' Grammar School, Leicester, from where he went to Queens' College, Cambridge. He gained a B.A. in History (promoted to M.A. (Cantab.) in 1985) and a Ph.D. from the Faculty of History, University of Cambridge in 1984 with a thesis on the impact of the Napoleonic Wars on the development of the cotton industry in Lancashire. Career After university, Bailey became a research officer at the London School of Economics, then joined the Bank of England in 1985. He held various roles, including as executive directo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Levelling-up Policy Of The Conservative Government
"Levelling up" was a political policy first articulated in the 2019 Conservative Party manifesto that aimed to reduce the imbalances, primarily economic, between areas and social groups across the United Kingdom. It sought to do so without acting to the detriment of prosperous areas, such as much of South East England. A white paper for the policy was published by Boris Johnson's government on 2 February 2022, and was continued by Rishi Sunak's government. The policy was overseen by the Department for Levelling Up, Housing and Communities. The concept of levelling up has bipartisan support. Keir Starmer, the Labour Party leader, said in October 2022 that a future Labour government would "pick up the challenge of levelling up", but that his party believed only they would be able to deliver it, calling Johnson's plan to deliver levelling up "an empty slogan". After the Labour Party won the 2024 general election, the phrase was replaced with "local government" in department n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boris Johnson
Alexander Boris de Pfeffel Johnson (born 19 June 1964) is a British politician and writer who served as Prime Minister of the United Kingdom and Leader of the Conservative Party (UK), Leader of the Conservative Party from 2019 to 2022. He was previously Foreign Secretary (United Kingdom), Foreign Secretary from 2016 to 2018 and Mayor of London from 2008 to 2016. He was Member of Parliament (United Kingdom), Member of Parliament (MP) for Henley (UK Parliament constituency), Henley from 2001 to 2008 and for Uxbridge and South Ruislip from 2015 to 2023. In his youth Johnson attended Eton College and Balliol College, Oxford, and he was elected president of the Oxford Union in 1986. In 1989 he began writing for ''The Daily Telegraph'', and from 1999 to 2005 he was the editor of ''The Spectator''. He became a member of the Shadow Cabinet of Michael Howard in 2001 before being dismissed over a claim that he had lied about an extramarital affair. After Howard resigned, Johnson became ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Theresa May
Theresa Mary May, Baroness May of Maidenhead (; ; born 1 October 1956), is a British politician who served as Prime Minister of the United Kingdom and Leader of the Conservative Party from 2016 to 2019. She previously served as Home Secretary from 2010 to 2016. She was Member of Parliament (MP) for Maidenhead from 1997 to 2024, and has been a member of the House of Lords since August 2024. May was the second female British prime minister, after Margaret Thatcher, and the first woman to have held two of the Great Offices of State. May is a one-nation conservative. May grew up in Oxfordshire and attended St Hugh's College, Oxford. After graduating in 1977, she worked at the Bank of England and the Association for Payment Clearing Services. She also served as a councillor on Merton London Borough Council. After two unsuccessful attempts to be elected to the House of Commons, she was elected MP for Maidenhead at the 1997 general election. From 1999 to 2010, May held several ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Napoleonic Wars
{{Infobox military conflict , conflict = Napoleonic Wars , partof = the French Revolutionary and Napoleonic Wars , image = Napoleonic Wars (revision).jpg , caption = Left to right, top to bottom:Battles of Battle of Austerlitz, Austerlitz, Fall of Berlin (1806), Berlin, Battle of Friedland, Friedland, Battle of Aspern-Essling, Aspern-Essling, French occupation of Moscow, Moscow, Battle of Leipzig, Leipzig and Battle of Paris (1814), Paris , date = {{start and end dates, 1803, 5, 18, 1815, 11, 20, df=yes({{Age in years, months, weeks and days, month1=05, day1=18, year1=1803, month2=11, day2=20, year2=1815) , place = Atlantic Ocean, Caucasus, Europe, French Guiana, Mediterranean Sea, North Sea, West Indies, Ottoman Egypt, Egypt, East Indies. , result = Coalition victory , combatant1 = Coalition forces of the Napoleonic Wars, Coalition forces:{{flagcountry, United Kingdom of Great Britain and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom Government Austerity Programme
The United Kingdom government austerity programme was a fiscal policy that was adopted for a period in the early 21st century following the era of the Great Recession. Coalition and Conservative governments in office from 2010 to 2019 used the term, and it was applied again by many observers to describe Conservative Party policies from 2021 to 2024, during the cost of living crisis. With the exception of the short-lived Truss ministry, the governments in power over the second period did not formally re-adopt the term. The two austerity periods are separated by increased spending during the COVID-19 pandemic. The first period was one of the most extensive deficit reduction programmes seen in any advanced economy since the Second World War, with emphasis placed on shrinking the state, rather than consolidating fiscally as was more common elsewhere in Europe. The Conservative-led government claimed that austerity served as a deficit reduction programme consisting of sustained re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service has over 5,500 journalists working across its output including in 50 foreign news bureaus where more than 250 foreign correspondents are stationed. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sky News
Sky News is a British free-to-air television news channel, live stream news network and news organisation. Sky News is distributed via an English-language radio news service, and through online channels. It is owned by Sky Group, a division of Comcast. In 2024, Sky News was named Royal Television Society News Channel of the Year, the 17th time it has held the award and the channel’s 7th consecutive win. The channel and its Livestreamed news, live streaming world news is available on its World Wide Web, Web site, television platforms, and online platforms such as YouTube and Apple TV, and various mobile devices and digital media players. A sister channel, Sky News Arabia, is operated as a joint venture with the Abu Dhabi Media Investment Corporation. A channel called Sky News International, simulcasting the UK channel directly but without British advertisements, is available in Europe, the Middle East, Africa, South Asia, Asia Pacific, Australia, and the Americas. Narrated seg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russia's Invasion Of Ukraine
On 24 February 2022, , starting the largest and deadliest war in Europe since World War II, in a major escalation of the Russo-Ukrainian War, conflict between the two countries which began in 2014. The fighting has caused hundreds of thousands of Casualties of the Russo-Ukrainian War, military casualties and tens of thousands of Ukrainian Attacks on civilians in the Russian invasion of Ukraine, civilian casualties. As of 2025, Russian troops Russian-occupied territories of Ukraine, occupy about 20% of Ukraine. From a population of 41 million, about 8 million Ukrainians had been internally displaced and more than 8.2 million Ukrainian refugee crisis, had fled the country by April 2023, creating Europe's List of largest refugee crises, largest refugee crisis since World War II. In late 2021, Russia Prelude to the Russian invasion of Ukraine, massed troops near Ukraine's borders and December 2021 Russian ultimatum to NATO, issued demands to the Western world, West i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2021–2023 Global Supply Chain Crisis
In 2021, as a consequence of the COVID-19 pandemic and, later, the ongoing Russian invasion of Ukraine, global supply chains and shipments slowed, causing worldwide shortages and affecting consumer patterns. Causes of the economic slowdown included workers becoming sick with COVID-19 as well as mandates and restrictions affecting the availability of staff. In cargo shipping, goods remained at port due to staffing shortages. The related global chip shortage has contributed to the supply chain crisis, specifically in the automobile and electronics sectors. During the Christmas and holiday season of 2021, an increase in spending in North America, combined with the spread of the Omicron variant of COVID-19, further exacerbated already tight supplies. Long tail effects of the supply chain crises are contributing to ongoing food security issues related to the pandemic, including the 2022 food crises. Causes In early 2020, the COVID-19 pandemic initially slowed the global supp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Energy Crisis (2021–2023)
A global energy crisis began in the aftermath of the COVID-19 pandemic in 2021, with much of the globe facing shortages and increased prices in oil, gas and electricity market, electricity markets. The crisis was caused by a variety of economic factors, including the rapid post-pandemic economic rebound that outpaced energy supply, and escalated into a widespread global energy crisis following the Russian invasion of Ukraine. The price of natural gas reached record highs, and as a result, so did electricity in some markets. Price of oil, Oil prices hit their highest level since 2000s energy crisis, 2008. Higher energy prices pushed families into poverty, forced some factories to curtail output or even shut down, and slowed economic growth. It was estimated in 2022 that an additional 11 million Europeans could be driven to poverty due to energy inflation. Europe's gas supply is uniquely vulnerable because of its historic reliance on Russia, while many emerging economies have seen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
