The UK has slipped to second place in the Soft Power 30. Reuters
The UK has slipped to second place in the Soft Power 30. Reuters
The UK has slipped to second place in the Soft Power 30. Reuters
The UK has slipped to second place in the Soft Power 30. Reuters

Almost a million people affected by UK power outage as flights and trains suspended


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A massive power outage across large parts of England and Wales affected almost a million people due to a failure to the UK’s National Grid.

Major disruption worldwide was caused as flights were affected as airports lost power, the UK's major train network was halted and there was further travel chaos as traffic lights went out across London during rush hour.

Across the country, there were reports on social media on Friday evening of rail and road closures as result of the power cut.

UK Power Networks said on Twitter: "We're aware of a power cut affecting large parts of London and South East.

"We believe this is due to a failure on National Grid's network, which is affecting our customers."

While Western Power Distribution (WPD), the electricity distribution network operator for the Midlands, south-west and Wales, said there was a “major incident”.

“We are currently experiencing a major incident on the national electricity infrastructure. We are in the process of restoring customers now and will provide further updates as soon as possible for specific areas. We are sorry for the inconvenience this is causing,” it tweeted.

London commuters faced transport chaos after the UK was hit by a power outage during the Friday evening rush hour, with trains and traffic lights disrupted across the capital and the southeast of England.

National Grid Plc restored the power after issues with two generators were resolved, according to a tweet by the company.

More than 800,000 customers were affected by the disruption, which came after government officials spent months working on proposals to overhaul the nation’s energy industry.

The incident raises questions about the state of the country’s infrastructure, which has had less investment than most other countries in the Organization for Economic Co-operation and Development over the last three decades.

Chancellor of the Exchequer Sajid Javid said Friday, before the outage, that he will publish a National Infrastructure Strategy in the autumn as the UK seeks to boost investment in areas including transport and digital connectivity.

Two power plants, which are not owned or operated by National Grid, went down leaving the network short of energy, said Gemma Stokes, a spokeswoman for the company.

That tripped an emergency system that automatically shut down the grid to protect the system, she said. She didn’t provide further details on the plants that were affected.

The outage struck about 4.50pm and National Grid announced the restoration of supplies about 6.35pm.

Passengers at the City Thameslink rail station in London’s financial district were told to disembark while commuters hoping to board services were held at the ticket barriers.

One train full of passengers emerged from the station into a powerful rain storm.

"It’s an absolute nightmare,” said Gary King, the 53-year-old managing director of recruitment firm Collins King and Associates."The railways aren’t very reliable compared to other countries. Well, why?”

The Conductor, a pub next to the station, was full of drinkers waiting for trains.

Dozens of other passengers began walking or jumping on buses towards other stations to continue their journeys home.

Nick Horsley, 59, a barrister from Brighton on the south coast was attempting to travel back there.

“It’s extremely upsetting on a Friday night," Horsley said. "It used to be slow and uncomfortable, but now it is slow and unreliable. I have just finished a five day trial. I’m tired, and I want to go home."

The power cut led to disruption on multiple rail lines around the capital, including the Gatwick Express and affected services on the London Underground’s Victoria Line.

The Western Power Distribution electricity distribution network, which serves the English Midlands and parts of Wales, said there was a “major incident” on the national electricity infrastructure, before later adding power had been restored to its customers.

Why your domicile status is important

Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.

Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born. 

UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.

A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.

What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

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