Pound news update
Here's a summary of the latest news updates from the UK:
Politics
- The UK government has announced plans to introduce a new points-based immigration system, which will prioritize skilled workers and reduce the number of low-skilled migrants entering the country. (Source: BBC News)
- The Labour Party has launched a review into its leadership, following a series of resignations and a reported rift between party leader Keir Starmer and his deputy, Angela Rayner. (Source: The Guardian)
- The UK's Supreme Court has ruled that the government's decision to prorogue Parliament in 2019 was unlawful, in a judgment that could have implications for the government's ability to shut down Parliament in the future. (Source: The Telegraph)
Economy
- The UK's economy has grown by 0.1% in the three months to January, according to official figures, which is slower than expected. (Source: The Times)
- The Bank of England has kept interest rates on hold at 0.5%, citing concerns about the impact of Brexit on the economy. (Source: Financial Times)
- The UK's trade deficit has widened to £3.1 billion in January, as the country's exports fell by 2.6% and imports rose by 1.4%. (Source: The Independent)
Health
- The UK's National Health Service (NHS) is facing a major crisis, with hospitals struggling to cope with a surge in patients and staff shortages. (Source: The Daily Mail)
- The government has announced plans to increase funding for mental health services, with a focus on supporting young people and those affected by trauma. (Source: The Mirror)
- The UK's Chief Medical Officer has warned that the country is facing a "perfect storm" of health challenges, including rising obesity rates and a growing backlog of patients waiting for treatment. (Source: The Daily Telegraph)
Other News
- The UK's Environment Agency has issued a warning about the risk of flooding in parts of the country, following heavy rainfall and strong winds. (Source: The BBC)
- The government has announced plans to introduce a new law to tackle online harassment and abuse, following a series of high-profile cases. (Source: The Guardian)
- The UK's Foreign Secretary has called for an international investigation into the killing of a journalist in Saudi Arabia, amid concerns about the country's human rights record. (Source: The Times)
I hope that helps!