Sunday, 22 July 2018

Tag Archives: UK

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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Snapchat to set up international HQ in London

LONDON: Snap Inc, the company formerly known as Snapchat, has announced that it will set up its main international hub in the UK, in what is likely to be seen as a vote of confidence for British tech following the EU referendum result. The company says it chose Britain because ...

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Tesco set to cut 1,000 jobs in restructuring plans

LONDON: Tesco is closing two distribution centres in a shakeup of its UK operations that will reduce staff numbers by about 500. Britain’s biggest retailer will close warehouses in Welham Green, Hertfordshire, and Chesterfield, Derbyshire, as well as overhauling the management of its distribution network. This will lead to 1,015 ...

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Pregnant British man to be first to give birth in UK

LONDON: A 20-year-old transgender man will be the first male in the UK to give birth. Hayden Cross was born a girl and was going through hormone treatment for his transition; but unable to get assistance from the NHS to freeze his eggs prior to his full transition, he decided ...

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UK VW owners seek compensation over emissions scandal

LONDON: Thousands of Volkswagen owners in the UK are seeking compensation from the carmaker following the emissions rigging scandal. Lawyers said 10,000 owners had already expressed an interest in suing VW. They estimate owners could get “several thousand” pounds in compensation. Lawyers, headed by the firm Harcus Sinclair, are applying ...

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UK spending growth ‘at two-year high’

LONDON: The final three months of last year saw the strongest quarterly growth in consumer spending in two years, according to payment card company Visa. Its research, which reflects cash and card spending, showed expenditure rising at an annual rate of 2.8% in the fourth quarter. That was the quickest ...

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Boris Johnson holds talks with senior Trump team figures in New York

LONDON: Boris Johnson has held talks with senior members of Trump’s team as the Government seeks to strengthen its links to the US president-elect before he takes office. The Foreign Secretary met Mr Trump’s son-in-law Jared Kushner and the president-elect’s chief strategist Steve Bannon after flying to New York on ...

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British Pakistani Appointed European Conservatives Advisors

LONDON: Two Prominent British businessmen of Pakistani origin have been appointed as Senior Policy Advisers to influential European Conservatives. Saqib Bhatti and Aftab Chughtai MBE, both from Birmingham, have been appointed as Senior Policy advisers to the Alliance of Conservatives and Reformists in Europe (ACRE) in an attempt to reach ...

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