Illustrative image (Photo: Reuters)

Joining CPTPP: step forward in Global Britain strategy

Member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), including Vietnam, have officially “opened the door” to welcome the UK after nearly two years of negotiations. This event marks the first expansion of the CPTPP and has both economic and political significance for the land of fog.
A market in central London, England. (Photo: Reuters)

Britain’s economy falls into recession

UK Finance Minister Jeremy Hunt has just said the Office for Budget Responsibility (OBR), confirmed that the UK economy is currently in a recession. British officials said the country's economy is paying the price for leaving "the common roof of Europe".