Showing 1 - 10 of 157
UK bank CEO resigns after Farage 'error'
AFP, Published on 26/07/2023
» LONDON: The chief executive of the British bank NatWest, Alison Rose, stepped down Wednesday after admitting a "serious error of judgment" in speaking to a reporter about the banking affairs of arch-Brexiteer Nigel Farage.
UK claims post-Brexit win with trans-Pacific trade pact membership
AFP, Published on 31/03/2023
» LONDON: The UK will join 11 other countries in a major Asia-Pacific trade partnership, Prime Minister Rishi Sunak announced Friday, in the country's biggest post-Brexit trade deal following nearly two years of talks.
Jeremy Hunt: softly-spoken survivor takes on hardest role
AFP, Published on 14/10/2022
» LONDON: Newly appointed UK finance minister Jeremy Hunt is a mild-mannered political survivor who will require all of his considerable experience to calm an economy and government beset by chaos.
Pound hits record low versus dollar, markets drop on recession fears
AFP, Published on 26/09/2022
» HONG KONG: The pound hit a record low against the dollar Monday on surging fears about the UK economy after the government unveiled a huge tax-cutting budget.
Inflation-fighting BoE poised to unleash big rate hike
AFP, Published on 04/08/2022
» LONDON: The Bank of England is expected Thursday to follow other major central banks with an aggressive interest rate hike to tackle surging inflation.
UK 'jobs miracle' turns into employers' nightmare
AFP, Published on 14/07/2022
» KESWICK: Job vacancies seem to come ten-a-penny in Keswick, a tourist town in England's picturesque Lake District, as the hospitality sector cries out for staff -- shortages which are a direct result, critics say, of the coronavirus pandemic and of Brexit.
Equity and oil markets slump on Omicron panic
AFP, Published on 20/12/2021
» LONDON: Global equity and oil markets slumped Monday on investor panic over the impact of worldwide measures to contain the fast-spreading Omicron coronavirus variant, dealers said.
Britain and Australia conclude free trade deal
AFP, Published on 17/12/2021
» LONDON: Britain and Australia finalised in a virtual ceremony on Thursday a free trade deal that is expected to unlock more than pound sterling10 billion in trade annually.
UK to offer 10,500 post-Brexit visas to counter growing worker crisis
AFP, Published on 26/09/2021
» LONDON: Britain will issue up to 10,500 temporary work visas to lorry drivers and poultry workers to ease chronic staff shortages, the government announced Saturday, in a U-turn on post-Brexit immigration policy.
London's City finance hub mulls post-Covid future
AFP, Published on 29/08/2021
» LONDON: London's once bustling City finance district is grinding back to life, but it bears the scars of the deadly pandemic, sparking fresh questions over the future of the so-called "Square Mile".