Wednesday, 20 November 2019

Tag Archives: UK

UK Mortgage Approvals at 3-Year Low

U.K. lenders approved the fewest mortgages in almost three years in December as a Bank of England interest-rate increase added to the headwinds facing the housing market. The number of approvals fell to 61,039, down from the 64,712 in November and the lowest since January 2015, the U.K. central bank said ...

Read More »

Amazon UK to create 400 new jobs

LONDON: Amazon UK said on Monday it would open a new fulfillment center in Rugby, central England, increasing its 2,500-strong workforce in the Midlands by another 400 people. Rugby will be the fourth Amazon fulfillment center in the region, and joins centers in Coalville and Daventry, which opened in 2016, ...

Read More »

UK economy could start to pick up, says Mark Carney

LONDON: Britain’s economy has the potential to start catching up with the rest of the world as the outcome of the Brexit negotiations becomes clearer, the governor of the Bank of England has said. Mark Carney said there was the prospect of a “conscious recoupling” after seeing the international economy ...

Read More »

Pakistani-origin Sara Khan to lead anti-extremism drive in UK

LONDON: The UK government has appointed a Pakistani-origin women right campaigner Sara Khan as the new chief of a commission set up to root out extremism in the country. Sara Khan, 37, will head the Commission for Countering Extremism, a body that had been proposed in the wake of the ...

Read More »

Relief for UK workers after Bombardier trade dispute victory

LONDON: British politicians and union leaders hailed Bombardier’s surprise trade victory against U.S. planemaker Boeing Co, saying it had safeguarded thousands of jobs in Northern Ireland and across UK supply chains. Friday’s ruling by the U.S. International Trade Commission (ITC) was also a boost for British Prime Minister Theresa May, ...

Read More »

Trump ready to apologise for UK far-right group retweet

DAVOS: Donald Trump has said he is prepared to apologise for retweeting controversial social media posts about Muslims from a British far-right group, prompting a diplomatic row with the UK. If you are telling me they’re horrible, racist people, I would certainly apologise Donald Trump US President Speaking from the ...

Read More »

UK retail sales grow modestly in January – CBI

LONDON: British retail sales grew at a modest pace in January but were weak for the time of year, with grocers doing well but department stores struggling, an industry survey showed on Thursday. The CBI distributive trades survey’s retail sales balance fell to +12 in January from +20 in December, ...

Read More »

PM Theresa May Seeks Safe AI Future For UK

DAVOS: British PM to propose new advisory body to oversea safe and ethical deployment of AI, and urges tech firms to tackle extremism The UK Prime Minister is to indicate that she wants the United Kingdom to lead the world in the safe and ethical deployment of artificial intelligence (AI). ...

Read More »