Saturday, 24 June 2017

Tag Archives: UK

Pound falls ahead of Theresa May Brexit speech

LONDON: The pound has hit its lowest level for more than three months on reports Britain was set to quit the EU single market as part of its Brexit plans. Sterling fell below the $1.20 level before recovering slightly on Monday. The pound also dropped to a two-month low against ...

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Early elections set to be called in Northern Ireland

Arlene Foster (R) and Martin McGuinness, First and Deputy First Ministers of Northern Ireland, speak to journalists as they leave Number 10 Downing Street in London. File Photo BRITAIN’s Northern Ireland minister is set to call an early election in the province on Monday, a week after the resignation of ...

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Where exactly does Britain’s £12.2bn foreign aid go?

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LONDON: Britain is a significant contributor to helping developing countries. In 2015, for the third year running, the government met its commitment to spend 0.7 per cent of gross national income on foreign aid, with the official budget rising to £12.2bn. However, it has become a politically divisive issue, with ...

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EU law ‘will continue to apply in UK during transition deal’

Joseph-Muscat

LONDON: EU law will apply in Britain after Brexit as an essential part of any transition deal, Malta’s prime minister has said. Joseph Muscat, whose country has just taken over the EU’s rotating presidency, also said it was “quite obvious” the City of London could be in line for a ...

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Petrol prices across UK reach highest level in two years

Petrol prices have reached their highest level in more than two years, Government figures have shown. On Monday, one litre of petrol reached an average of £1.18 – the highest since December 2014, according to data released by the Department for Business, Energy and Industrial Strategy. Diesel car drivers have ...

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Forth Road Bridge closed after lorry blows over in high winds

THE Forth Road Bridge has been in both directions after a lorry was blown over in high winds early this morning. Commuters face severe disruption after the vehicle was blown on its side from the northbound carriageway on the the southbound side around 2am. Drivers have been warned that there ...

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PCB slams FICA for ‘careless and cavalier’ approach

LAHORE: The Pakistan Cricket Board (PCB) on Tuesday slammed Federation of International Cricketers’ Associations (FICA) over their ‘careless’ approach in handling the matter of international teams visiting Pakistan. FICA earlier on Tuesday had issued a report which strongly suggested that overseas players decline to participate in the 2017 Pakistan Super ...

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Government reduces stake in Lloyds Banking Group to less than 6%

LONDON: The Government has reduced its stake in Lloyds Banking Group to less than 6%, meaning the taxpayer is no longer the group’s largest shareholder and takes the lender one step closer to being returned to private hands. UK Financial Investments, which manages the Government’s stake in Lloyds, cut its ...

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