Monday, 22 April 2019

Tag Archives: business

John Lewis profits fall by half

LONDON: John Lewis Partnership profits have fallen by more than 50% after the retail group was hit by costs to reorganise the business. Profit before tax fell 53.3% to £26.6m for the half-year ending 29 July after a £56.4m charge mainly for restructuring and redundancy costs. At the John Lewis ...

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The High Commissioner calls on the Mayor of London

LONDON:  H.E. Syed Ibne Abbas, Pakistan High Commissioner to the UK called on Mayor of London Sadiq Khan at his office, City Hall. Welcoming the High Commissioner at his office, the Mayor of London stated that the connection between London and Pakistan is as strong as ever. He said London ...

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Becky James announces retirement

LONDON: Former sprint and Keirin world champion Becky James has announced her retirement at the age of 25. James says that cycling will still be a part of her life, but her new focus will be about turning her passion for baking into a business. “Over the past year, I ...

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Pakistan is open for business, say big business entities in UK

LONDON: Pakistan Britain Business Council (PBBC) and its sister company Pakistan Scotland Business Council (PSBC) has signed a Memorandum of Understanding (MoU) with the London Chamber of Commerce and Industry (LCCI) to strengthen the links between the three organisations. All the big business entities present on the occasion said Pakistan ...

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Teenager facing jail over global computer hacking business

MANCHESTER: A teenager is facing jail for setting up a global computer hacking business which caused chaos on the world wide web and cost millions of pounds. Adam Mudd was just 16 years old when he created his Titanium Stresser programme, which was used to carry out more than 1.7 ...

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UK wants to become ‘important partner’ for CPEC

LONDON: The United Kingdom has expressed its desire to become a key partner in the multibillion-dollar China-Pakistan Economic Corridor (CPEC). “Britain is a country of global influence and can be an important partner for China and Pakistan in the delivery of the China-Pakistan Economic Corridor which has the potential to ...

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Pakistanis are happier than people in India: United Nations

LONDON: Pakistan continues to be happier than India, according to the United Nations-sanctioned World Happiness Report 2017. Out of a list of 155 countries, Pakistan has been ranked at 80 while India stands at 122. Interestingly last year, Pakistan came on 92 while India was placed at 118. The latest ...

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UK keen to further trade ties with Pakistan

SIALKOT: Ms Belinda Lewis, British Deputy High Commissioner in Karachi, said that the UK will continue supporting Pakistani businessmen, assuring full cooperation and technical assistance for strengthening bilateral trade relations between the two countries. Ms Belinda Lewis was addressing a meeting of exporters here at Sialkot Chamber of Commerce and ...

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Sajid Javid hits back at business rates ‘scaremongering’

LONDON: “Unscrupulous” companies have been accused of trying to scare business owners into thinking their taxes will rise in order to make a profit. Communities Secretary Sajid Javid said “scaremongering” rating agents are manufacturing reports about business rates going up while “cynically” promising to help firms win an appeal against ...

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