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HomeUK

UK

Geopolitical

Amid ‘Reshuffle’, UK Conservatives Accuse Jeremy Hunt Of ‘Globalist Coup’

October 19, 2022 Mariel Alumit

Struggling British Prime Minister Liz Truss lost the second of her key cabinet officials on Wednesday, as Home Secretary Seulla Braverman resigned after less than six weeks in the job.   Braverman, a prominent Brexiteer […]

Finance

UK ‘Misery’ Surges As Inflation Unexpectedly Hits 40 Year High

October 19, 2022 Mariel Alumit

With every development in the political and fiscal basket case that is the UK under the microscope, today’s news that inflation in the United Kingdom unexpectedly hit a fresh 40-year high of 10.10% was not […]

Europe
Coal

Can Europe Avoid A Worst-Case Energy Scenario This Winter?

October 19, 2022 Mariel Alumit

Europe’s gas prices fell at the start of this week to the lowest level in three months as storage is fuller than initially expected, LNG cargoes are coming in, and the weather is mild.   But European […]

Geopolitical

Home Secretary Warns UK Police Force Over Confusing ‘Hate Crime’ Messaging

October 19, 2022 Mariel Alumit

Authored by Owen Evans via The Epoch Times, Leicestershire Police have removed a social media post that suggested calling a transgender person by their previous name was a crime after the British home secretary intervened. […]

Finance

Futures Soar Despite Latest UK Newsflow Rollercoaster Fiasco

October 18, 2022 Mariel Alumit

It was another overnight emotional and markets rollercoaster session thanks to the constant chaos of newsflow and confusion out of the UK. Just around midnight ET, the Financial Times reported that the Bank of England […]

Climate Crisis

UK Announces Plans To Crack Down On Climate Protests

October 18, 2022 Mariel Alumit

Authored by Alexander Zhang via The Epoch Times (emphasis ours), UK Home Secretary Suella Braverman has unveiled plans for a major crackdown on disruptive protests by climate activists, whom she described as “thugs and vandals” […]

Finance

Futures Jump, Squeezed By Reversal In UK Fiscal Plans And Apocalyptic Trader Sentiment

October 17, 2022 Mariel Alumit

As we discussed and previewed over the weekend in “Behind Friday’s Market Massacre: A Huge Burst Of Hedge Funds Shorting, Setting Up Another Squeeze“, futures are indeed sharply higher to start the week as Treasury […]

BoE
Finance

BoE’s New Support Plan Fails As UK Gilt Yields Explode Higher

October 10, 2022 Mariel Alumit

Update (1030ET): Despite The BoE promises to do almost ‘whatever it takes’, long-dated gilt prices are collapsing today. 30Y gilt yields are up a stunning 34bps now, soaring towards crisis highs…   What next for […]

National Grid
International News

UK National Grid: 3-Hour Rolling Blackouts May Happen This Winter

October 10, 2022 Mariel Alumit

People in England, Scotland and Wales could be in for three hour power cuts this winter if it can’t import enough gas and electric imports from other parts of Europe, the British National Grid has warned. The […]

UK
International News

Lord Callanan on Streamlining UK Offshore Wind Permitting: There Is No One Silver Bullet to Solve the Problem

October 5, 2022 Mariel Alumit

The UK is keen on speeding up the buildout of offshore wind farms in its territorial waters, a goal that was more firmly set in the new Growth Plan that contains a list of offshore […]

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