Friday, 22 September 2017

Tag Archives: UK

UK govt accused of covering up ‘failed nuclear missile test’

LONDON: The British government was accused of covering up a failed test of its nuclear weapons deterrent last year, just weeks before lawmakers voted to renew the system. Prime Minister Theresa May refused to say whether she knew about the reported malfunction of an unarmed missile when she urged MPs ...

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Barclays: London will still be the ‘financial lungs’ of Europe

LONDON: The City of London will still be the ‘financial lungs’ of Europe after Brexit, Barclays chief executive Jes Staley has said. In separate remarks, the bank’s chairman John McFarlane also said the UK government supported a three year transition deal on the Brexit deal. The Barclays chiefs were both ...

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Indian-origin womans body found in suitcase dumped in an alley

LONDON: A 46-year-old Indian-origin woman’s body was found hidden in a suitcase dumped in an alleyway in the UK following which her husband has been charged on suspicion of murder, according to a media report. Kiran’s body was discovered by a member of public in a walkway off Cromer Street, ...

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Theresa May: UK will be a global leader on trade

LONDON: Theresa May has told leaders at the World Economic Forum in Davos that the UK will be a “world leader” on trade. But the prime minister also warned that inequality blamed on globalisation was aiding the “politics of division”. Her speech to business leaders and politicians in Switzerland comes ...

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From Davos, Sadiq Khan confronts May’s ‘hard Brexit’ decision

DAVOS: The mayor of London, Sadiq Khan, is in Davos today, as part of his push to protect the UK capital, and its financial centre the City, from harm produced by Britain’s exit from the EU. He is particularly confronting Theresa May’s decision on choosing a “hard brexit”, in which Britain leaves the European single ...

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EE mobile firm fined £2.7m for overcharging customers

LONDON: Mobile operator EE has been fined £2.7m by the telecoms regulator, Ofcom, for overcharging tens of thousands of customers. The watchdog found that the UK’s biggest mobile network broke a billing rule on two occasions. Users who called its 150 customer services number while roaming within the EU were ...

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Rolls-Royce to pay £671m to settle bribery probes

LONDON: Rolls-Royce has reached a deal to pay £671m to regulators around the world to settle allegations of bribery and corruption, including the largest UK fine ever imposed on a company for criminal conduct. The UK’s flagship engineering company has been under investigation in the US and UK for alleged ...

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Donald Trump says UK ‘doing great’ after Brexit vote

LONDON: The UK is “doing great” following its vote to leave the EU, US President-elect Donald Trump has said. In his first UK interview – with former Justice Secretary Michael Gove for the Times – Mr Trump said he thought the UK was “so smart in getting out”. Mr Trump ...

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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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