Friday, 15 December 2017

Tag Archives: UK

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

foreign_aid2-uk

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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