The bank of England warned on Thursday that the British economy was headed for a recession in the fourth quarter of the year, while think-tank the Resolution Foundation predicted inflation could hit 15 percent by the start of 2023.

Dockworkers at the UK’s biggest consumer goods port are set to strike later this month over pay — as inflation soars amid sanctions on Russia.
More than 1,900 members of Unite, Britain’s largest trade union, will walk out at Felixtowe port on the North Sea in Suffolk for eight days from Sunday August 21 to Monday August 29.

A London-based Shia Muslim organization has stormed and briefly taken over the embassy of Azerbaijan in the UK capital, the government of Azerbaijan has confirmed, with local police announcing that eight men have been arrested. 

The West's anti-Russian sanctions are pushing Europe and the UK to the brink.

Whereas Spain has banned air conditioning from dropping below 27°C (80.6°F) in the summer due to the upcoming energy crunch, the UK is now warning citizens that their energy bills are about to surge over 60%.

From Bloomberg, "UK's Ofgem Warns Households to Prepare for Difficult Winter":

British foreign minister Liz Truss clashed over the future of the economy with former finance minister Rishi Sunak on Thursday as the two contenders to be Britain's next prime minister debated the Bank of England's warnings of a long recession.

Truss is up against Sunak to win the votes of 200,000 members of the Conservative Party who will by Sept. 5 choose a replacement for Boris Johnson, who was forced to resign after a series of scandals.

Ballot papers for the leadership of the Conservative and Unionist Party arrive in the post this week, and they do so at a defining moment for Britain.

This is the summer before the storm. Make no mistake, with energy prices set to rise to unprecedented highs, we are approaching one of the biggest geopolitical earthquake in decades. The ensuing convulsions are likely to be of a far greater order of magnitude than those that followed the 2008 financial crash, which sparked protests culminating in the Occupy Movement and the Arab Spring.