England

UK: Bitcoin jumps to one-week high above $58,000

LONDON (Reuters) - Bitcoin jumped to a one-week high on Monday, rising as much as 4.5% to $58,300 and nearing a record high above $61,000 hit earlier this month.

Visa Inc said earlier it would allow the use of cryptocurrency to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.

UK records another 3,862 coronavirus cases, 19 deaths

LONDON, March 28 (Xinhua) -- Another 3,862 people in Britain have tested positive for COVID-19, bringing the total number of coronavirus cases in the country to 4,333,042, according to official figures released Sunday.

The country also reported another 19 coronavirus-related deaths. The total number of coronavirus-related deaths in Britain now stands at 126,592. These figures only include the deaths of people who died within 28 days of their first positive test.

UN rights investigator Agnes Callamard named Amnesty chief

LONDON (AP) — Agnes Callamard, who led a United Nations’ investigation into the killing of Saudi journalist Jamal Khashoggi, has been appointed the new leader of Amnesty International.

The international human rights group said Callamard’s four-year term as secretary general begins Monday.

UK on track for second vaccine doses despite supply concerns: minister

LONDON (Reuters) - Britain is confident second doses of COVID-19 vaccines will be administered on time without mixing jabs, culture minister Oliver Dowden said on Sunday amid concerns over a slowdown in supplies.

The government warned earlier this month that its vaccination programme would slow down in April due in part to a delay of a shipment from India’s Serum Institute.

The European Union has also threatened to block vaccine shipments to countries such as the UK with higher vaccination rates.

UK ministers reject Sanjeev Gupta's bailout plea: FT

(Reuters) - British ministers have rejected a request from mining magnate Sanjeev Gupta for a 170 million pound emergency loan to prevent his group, GFG Alliance, from collapsing, the Financial Times reported on Sunday.

GFG, a holding company for Gupta’s assets, was the biggest recipient of financing from Greensill, a British financing company, which filed for insolvency earlier in March.

The British government wrote back to Gupta formally rejecting the request last week due to multiple concerns, the FT reported, citing people familiar with the situation.

UK variant hunters lead global race to stay ahead of COVID

LONDON (AP) — On March 4, 2020, when there were just 84 confirmed cases of COVID-19 in the U.K., professor Sharon Peacock recognized that the country needed to expand its capacity to analyze the genetic makeup of the virus.

The Cambridge University microbiologist understood that genomic sequencing would be crucial in tracking the disease, controlling outbreaks and developing vaccines. So she began working with colleagues around the country to put together a plan. Within a month, the government had provided 20 million pounds ($28 million) to fund their work.

UK PM slams violent protest in southwestern England

LONDON, March 27 (Xinhua) -- British Prime Minister Boris Johnson said Saturday that the violent protest over a crime bill in Bristol, a city in southwestern England, was "disgraceful".

"Last night saw disgraceful attacks against police officers in Bristol. Our officers should not have to face having bricks, bottles and fireworks being thrown at them by a mob intent on violence and causing damage to property," Johnson said on Twitter.

"The police and the city have my full support," he added.

Britain says Hong Kong ‘has no right to dictate’ passport recognition

LONDON, March 26 (NNN-AGENCIES) — Britain told Hong Kong on Friday that it had “no right” to order other countries not to accept a United Kingdom travel document for a popular youth working scheme after the city confirmed it had made the request to several other nations.

The row is the latest diplomatic spat centring on the British National (Overseas), or BNO, passport as China imposes a sweeping crackdown on dissent in Hong Kong.

The BNO passport is a legacy of Hong Kong’s handover to China by colonial Britain in 1997.

UK: Former Scottish first minister Salmond launches pro-independence party

LONDON (Reuters) -Former Scottish First Minister Alex Salmond on Friday launched a new pro-independence political party to run in May elections for Scotland’s devolved parliament, seeking to help build a political majority for breaking away from the rest of Britain.

“I’m announcing the public launch of a new political force: the Alba Party,” Salmond said in a statement broadcast on Twitter.

“Alba will contest the upcoming Scottish elections as a list-only party under my leadership, seeking to build a super majority for independence in the Scottish Parliament.”

UK: BoE's Saunders says economy might have more spare capacity than thought

LONDON (Reuters) -Bank of England policymaker Michael Saunders said on Friday there might be more spare capacity - meaning potentially less inflation pressure - in Britain’s economy after its COVID crash than the central bank said last month.

Saunders said Britain’s economy might recover from last year’s 10% slump more quickly than the BoE’s central forecasts, made in early February, which foresee a 5% bounce-back in 2021 as the country races ahead with coronavirus vaccinations.

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