The mission, to be launched 'as soon as conditions allow', will be strictly peaceful and defensive. Its primary goals are to reassure commercial shipping and support mine clearance operations in the strait.
Nearly half of firms (48%) expected turnover to grow over the next 12 months in the first quarter of the year, up from 42% in the final quarter of 2025.
"I don't fully understand the reasons that I'm in the position I am in, but that is for a separate process for me to try to get to the bottom of."
Chancellor Rachel Reeves stated that delinking electricity and gas prices is necessary, as high gas prices currently inflate electricity costs despite unchanged production costs. This change is essential as electricity becomes a larger part of the energy mix.
A spokesperson for Downing Street said: The UK government is working with the US to understand how the overturning of Donald Trump's tariffs by the supreme court will affect the UK but expects our privileged trading position with the US to continue. The UK was the first to strike a tariff deal with the US, with 10% tariffs on all imports from Britain, compared with a blanket 15% rate for the EU.
The Conservatives are calling for a proposed renovation of the Houses of Parliament to be paused and "refocused" over concerns about costs potentially running into the tens of billions. MPs have been presented with proposals to refurbish the ailing Palace of Westminster, including a plan that could cost almost 40bn and take 61 years to complete. The project team has warned delaying the restoration of the historic building, which costs 1.5m a week to maintain, would lead to "an expensive managed decline of the Palace".