Tuesday, 26 January 2021

Tag Archives: UK

Traffic jams costing the UK over £37b a year

Time wasted in traffic jams is estimated to have cost Brits £37.7 billion – or £1,168 per driver – in lost productivity, wasted fuel and time, according to a study. Analysis by Inrix also ranked UK roads as the 10th most congested in the world last year, with drivers spending an ...

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British doctors, nurses hit back at Trump’s attack on NHS

LONDON: British doctors and nurses have hit back at Donald Trump after he said the NHS is “not working”. In a tweet, the US president said the health service in the UK is “going broke”, sparking angry responses from the British government and opposition politicians. But much of the ire ...

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UK judges block US extradition of hacker Lauri

LONDON: British judges on Monday rejected a US request for the extradition of a man accused of hacking into thousands of US government computers in a ruling that could set a precedent for similar pending cases. Lauri Love, 33, faces charges in the United States for allegedly hacking into the ...

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Lloyds has banned Bitcoin buys

LONDON: Lloyds bank has stopped credit card customers from buying bitcoin, amid concerns of a credit risk surrounding the cryptocurrency’s rapidly falling value. Coming into effect today, the ban applies to Lloyds Bank, Bank of Scotland, Halifax and MBNA. The currency has grown exponentially in the last year, peaking at ...

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Donald Trump claims UK health care system “not working”

WASHINGTON: US President Donald Trump has mischaracterized protests over health care funding in Britain to attack Democrats for “pushing for Universal HealthCare. ” In an early morning tweet, Mr. Trump claimed the British system was “not working,” however in spite of huge financial strain – which many say has been ...

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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 ...

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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, ...

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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 ...

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