Sunday, 21 October 2018

Tag Archives: LONDON

Barclays: Dublin might become European HQ

LONDON: Barclays has admitted it “may add some people in Dublin” if its London base loses single market access post-Brexit. The confirmation comes one month on from a Bloomberg that the bank had started scouting the Irish capital for office space in early 2017 and had been in discussion with regulators ...

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Bestway pledges £500k to support Pak students

LONDON: The University of Kent and the Bestway Foundation, the charitable Trust of Bestway Group, have announced a new collaboration to jointly fund five annual scholarships for postgraduate students applying from Pakistan to study at the well-reputed university here. Zameer Choudrey CBE, Chief Executive of the Bestway Group and Trustee ...

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Five teenagers arrested in London on terrorism charges

LONDON: Five teenagers were arrested in London on terrorism charges following a series of raids, police said. The suspects, who ranged in age from 15 to 19, were held on suspicion of preparing acts of terrorism, London’s Metropolitan Police said in a statement. “The arrests relate to plans to travel to ...

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Storm Doris sweeps in with rain, snow and strong winds

LONDON: Storm Doris has reached nearly 90mph on its way to batter Britain. Doris is likely to cause travel disruption, damage buildings and send debris flying when it sets in at around 6am on Thursday, the Met Office has warned. An 87mph gust was recorded at Mace Head on the ...

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Lindsay Lohan asked to remove headscarf at UK airport

LONDON: Lindsay Lohan claims she was “racially profiled” while wearing a headscarf at London’s Heathrow Airport. The Mean Girls star appeared on a British talk show on Tuesday and revealed that a Heathrow official opened her passport and apologised when they read her name but then asked her to take ...

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HSBC shares slide after 62% profit fall

LONDON: Shares in HSBC have fallen after the bank reported a steeper-than-expected fall in annual profits. It reported a $7.1bn (£5.7bn) pre-tax profit for 2016, down 62% on the $18.9bn reported a year earlier. HSBC attributed the fall to a string of one-off charges, including the sale of its operations ...

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Giles Clarke: PSL final must be held in Lahore

LONDON: A top international cricket official insisted Sunday that the final of Pakistan’s Twenty20 super league must be held in Lahore despite a major bomb attack in the country last week. Giles Clarke, head of an International Cricket Council team seeking to revive cricket in the country, said the March 5 ...

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UK govt proposes new plan to EU for bailed-out bank RBS

LONDON: The British government proposed plans for the bailed-out Royal Bank of Scotland to fund initiatives worth £750 million (S$1.3 billion) to improve competition in the sector, in order to meet its rescue conditions. The bank, 73 per cent owned by the government, has made four of the five major ...

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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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