United Kingdom

Coronavirus could see UK GDP fall 13 per cent in 2020

London, Apr 14 (AFP/PTI) Britain's economy could shrink by 13 per cent in 2020 in the case of a three-month coronavirus lockdown, according to a scenario published Tuesday by fiscal watchdog the Office for Budget Responsibility.

"The resulting 13 per cent fall in annual GDP in 2020 would comfortably exceed any of the annual falls around the end of each world war or in the financial crisis," the OBR said.

UK: Aramco offers struggling refiners sweeter terms for crude

LONDON/NEW DELHI (Reuters) - Saudi Aramco has offered oil refineries in Asia and Europe the option to defer payments for crude cargo deliveries by up to 90 days as plants struggle with shrinking demand, refining industry sources said.

The credit terms, which Saudi Arabia’s national oil company has offered through unnamed Saudi banks, are also seen as part of the country’s efforts to increase its market share, the sources told Reuters.

UK: Oil falls 4% towards $28 on oversupply concerns

LONDON (Reuters) - Oil fell 4% towards $28 a barrel on Wednesday, pressured by reports of persistent oversupply and collapsing demand due to global coronavirus-related lockdowns and a lack of coordinated oil purchases for strategic storage.

The International Energy Agency (IEA) on Wednesday forecast a 29 million barrel per day (bpd) dive in April oil demand to levels not seen in 25 years and said that no output cut could fully offset the near-term falls facing the market.

UK virus deaths top 10,000 as leader Johnson leaves hospital

LONDON (AP) — British Prime Minister Boris Johnson expressed his gratitude to the staff of the National Health Service for saving his life when his treatment for the coronavirus could have “gone either way” as the U.K. on Sunday became the fourth European country to surpass 10,000 virus-related deaths.

Dressed in a suit, and looking and sounding relatively assured, Johnson said in a video posted on Twitter after his discharge from St. Thomas’ Hospital in London that it was “hard to find the words” to express his debt of gratitude to the NHS for saving his life “no question.”

UK pledges 200 million pounds in aid to help stop second coronavirus wave

LONDON (Reuters) - Britain said on Sunday it was pledging 200 million pounds ($248 million) to the World Health Organisation (WHO) and charities to help slow the spread of the coronavirus in vulnerable countries and so help prevent a second wave of infections.

More than 1.6 million people are reported to have been infected by the novel coronavirus globally and deaths have topped 100,000 according to a Reuters tally.

Easter isn't cancelled: UK's Queen Elizabeth says coronavirus will not overcome

LONDON (Reuters) - Britain’s Queen Elizabeth said on Saturday that coronavirus “would not overcome us” as she delivered her second rallying message to the nation in a week.

The 93-year-old monarch, who is the symbolic head of the Church of England, also stated that “Easter isn’t cancelled” in her first ever address to mark the Christian holy day.

“This year, Easter will be different for many of us, but by keeping apart we keep others safe. But Easter isn’t cancelled; indeed, we need Easter as much as ever,” she said.

PM Johnson says he owes medics his life as alarm grows over soaring UK death toll

LONDON (Reuters) - Prime Minister Boris Johnson said he owed his life to hospital staff, in his first comments since leaving intensive care for coronavirus treatment, while his government came under mounting pressure to explain why the death toll was rising so fast.

Britain has reported two days in a row of hospital deaths increasing by more than 900 people. Friday’s death toll of 980 surpassed the highest recorded in a single day in Italy, the hardest hit country in Europe so far.

I owe my life to NHS staff – UK PM Boris Johnson

LONDON, April 12 (NNN-AGENCIES) — Boris Johnson has said he owes his life to the NHS staff treating him for coronavirus.

The prime minister, 55, thanked medics at St Thomas’ hospital in London, where he continues to recover after spending three nights in intensive care.

It comes as UK deaths from the virus are expected to pass 10,000 on Sunday.

On Saturday, the UK recorded 917 new coronavirus deaths, taking total hospital deaths to 9,875.

UK boosts help for abuse victims during virus lockdown

LONDON (AP) — The British government on Saturday launched a campaign to help domestic violence victims during the coronavirus lockdown following an increase in the number seeking assistance, while figures showed that the number of people in the U.K. dying after testing positive for COVID-19 neared 10,000.

Boris Johnson continues virus recovery as UK death toll nears 10,000

11 April 2020; AFP: Prime Minister Boris Johnson was making "very good progress" on Saturday in his recovery in hospital from coronavirus, officials said, as the number of deaths in Britain from the disease approached the grim milestone of 10,000.

The 55-year-old leader was spending his second full day out of intensive care at London's St Thomas' Hospital, where he has been able to take short walks between periods of rest, according to Downing Street.

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