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Between Iceland and Portugal? Ireland’s turn for cash
Our Political Editor recalls the last time the Treasury got involved in a banking bailout – and wonders if there’s another reason George Osborne favours Ireland.
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Britain will not pay a penny more than its legal obligations to help bail out Portugal, George Osborne stresses, as finance ministers meet in Budapest to thrash out a rescue package.
The terms and size of Portugal’s bailout is on the agenda as European finance ministers meet. Chancellor George Osborne has flown to Budapest for talks about the rescue package.
As Portugal becomes the latest EU country to ask for a bailout, George Osborne says the Government’s austerity measures are needed to prevent a similar crisis in the UK. Faisal Islam takes a look.
Portugal’s Jose Socrates asks the EU for financial assistance, paving the way for the third bail-out after Greece and Ireland, and exposing the UK to a payment of up to £4bn.
Portugal has been thrown into political uncertainty after prime minister Socrates’ resignation, but economists warn the upheaval has implications for the wider EU – including the UK.
As Faisal Islam reports from an Ireland reeling from the announcement of austerity measures, Siobhan Kennedy watches the protests in Portugal, the potential next bailout hotspot.
Our Political Editor recalls the last time the Treasury got involved in a banking bailout – and wonders if there’s another reason George Osborne favours Ireland.
As the details of the EU/IMF deal to rescue Ireland’s economy are finalised, what could be the impact on other countries potentially at risk of financial breakdown?
It’s possible this will be Gareth Southgate’s final tournament in charge of England, but if he fails to at least increase the level of entertainment for the nation, he’ll be ushered out with the same tone of frustration he was ushered in with.
Musicians in the Afghan Youth Orchestra have said it is a “fantastic experience” to play in the UK after initially being denied visas to enter the country.
Musicians in the Afghan Youth Orchestra have said it is a “fantastic experience” to play in the UK after initially being denied visas to enter the country. The Home Office had refused the orchestra entry but after a public backlash reversed the decision. The musicians fled Afghanistan after the return of the Taliban, and currently…
In parts of France forecasters are calling it a “heat apocalypse”, with thousands of people forced to flee spreading wildfires in the country’s southwest.
Four of the five candidates for the Conservative Party leadership committed to maintaining the government’s goal of reaching net zero emissions by 2050.
Members of the Afghan girls’ football team feared for their lives. But now an international rescue mission has helped them escape to Portugal to start a new life, although some were forced to leave their entire families behind.
Adults who have been fully vaccinated against coronavirus and children will not have to quarantine on their return from amber list countries to England from 19 July.