Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen correspondent: An Israeli drone strike targeted the town of Al-Qlailah, Southern Lebanon.
Al Mayadeen's correspondent in South Lebanon: Israeli drone strikes town of Harouf, Nabatieh district.
Factions' statement: The attendees agreed to support and continue implementing the ceasefire agreement measures, including the withdrawal of the occupation and lifting the siege.
Factions' statement: Calling for an end to all forms of torture and violations against prisoners in occupation prisons and the necessity of obligating the occupation to do so.
Statement: The current moment is crucial, making the meeting a true turning point toward national unity in defense of our people and their right to life, dignity, and freedom.
Factions' statement: Call for an urgent meeting of all Palestinian forces and factions to agree on a national strategy.
Factions' statement: Continuing joint work to unify visions and positions to confront the challenges facing the Palestinian cause.
Statement of the factions: Emphasis on the unity of the Palestinian political system and the independent national decision.
Statement: Approval to establish an international committee to oversee the financing and implementation of the reconstruction of the Gaza Strip.
Statement: The committee is responsible for managing life and services in cooperation with Arab brothers and international institutions, based on transparency and accountability.

Red Sea shipping attacks may affect UK economy: Finance Minister

  • By Al Mayadeen English
  • Source: Agencies
  • 6 Jan 2024 16:09
  • 4 Shares
2 Min Read

Britain's Finance Minister Jeremy Hunt acknowledges the inevitable impact of the Yemeni Armed Forces' attack on the UK’s GDP.

  • x
  • UK
    Britain's Finance Minister Jeremy Hunt (AFP)

Finance Minister Jeremy Hunt said, on Saturday, that disruptions to shipping routes in the Red Sea could potentially affect the British economy by leading to an increase in prices.

In response to inquiries about the possibility of increased prices in Britain due to the attacks carried out by the Yemeni Armed Forces, Hunt said, as quoted by BBC, "It could have consequences, and we will closely monitor the situation."

In another context, Hunter said, “It is inevitable GDP will be subdued whilst interest rates are doing their job to bring down inflation. But the big reductions in business taxation announced in the Autumn Statement mean the economy is now well placed to start growing again."

This is happening as British citizens started their new year with a 5% hike in energy bills, British power regulator Ofgem announced on January 1.

Related News

China counters US maritime bloc with sanctions on Hanwha Ocean

US China talks in Malaysia called ‘very constructive’ by US Treasury

Read next: British citizens welcome 2024 with 5% hike in energy bills

UK, US to turn Red Sea into warzone, launch attack on Yemen: The Times

At the end of last month, The Times reported that the UK was preparing to join the United States and other Western countries to launch a series of air aggressions on Yemen or Yemeni-affiliated targets in the Red Sea.

According to the newspaper, an "unprecedented" joint statement is set to be released in the coming hours, issuing a warning to Sanaa to halt its operations or face a military response.

At the time, the British Defense Secretary said that if the Yemeni Armed Forces "continue to threaten lives and trade, we will be forced to take the necessary and appropriate action.”

Citing sources, the newspaper said that Grant Shapps' comments were a "last warning" if Sanaa does not stop conducting operations, noting that the Western response would likely be “limited” but “significant”.

Read next: US seeks to contain Yemeni, Iraqi attacks fearing war expansion

  • United States
  • Yemeni Armed Forces
  • Gaza genocide
  • Red Sea
  • United Kingdom
  • UK economy
War on Gaza

War on Gaza

Most Read

From previous scenes of the Qassam Brigades targeting an Israeli D9 bulldozer with a Yassin 105 shell, east of Deir al-Balah. (Military Media of the Qassam Brigades)

US knew fatal Rafah blast cause was not Hamas op., says journalist

  • Politics
  • 20 Oct 2025
'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

  • Technology
  • 24 Oct 2025
Abu Hamza, the spokesperson for the Al-Quds Brigades, during a speech televised on October 22, 2025 (Al-Quds Brigades Military Media)

Al-Quds Brigades' Abu Hamza mourns leaders, vows continued resistance

  • Politics
  • 22 Oct 2025
US missionary kidnapped in Niger capital, suspected taken toward Mali

US missionary kidnapped in Niger capital, suspected taken toward Mali

  • Africa
  • 23 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Undated photo of Hanwha Ocean’s Goeje Shipyard in South Korea (Hanwha Ocean)
Politics

China counters US maritime bloc with sanctions on Hanwha Ocean

Catherine Connolly speaks after being after being elected as the new President of Ireland at Dublin Castle, Ireland, Saturday, Oct. 25, 2025. (AP)
Politics

Connolly wins Irish presidency in blow to political establishment

Buildings destroyed during the Israeli air and ground offensive are seen in the Al-Shati camp, in Gaza City, Friday, Oct. 24, 2025. (AP)
Politics

'Israel's' post-ceasefire demolitions in Gaza violate agreement: Hamas

Iran's Foreign Minister Abbas Araghchi attends the 17th annual BRICS summit in Rio de Janeiro, Brazil, July 7, 2025 (AP)
Politics

Iran’s Araghchi: Our nuclear bomb is resilience, not weapons

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS