FILE PHOTO: The Standard Chartered bank logo is seen at its headquarters in London, Britain, July 26, 2022. REUTERS/Peter Nicholls/File Photo 2 min read Last Updated : Jun 17 2024 | 4:48 PM IST Standard Chartered on Monday lost a bid to cut from a London lawsuit allegations that it broke US sanctions against...
Tag: Britain
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The UK’s second-biggest city has been plunged into debt and darkness
In short: The second-largest city in the United Kingdom is in heavy debt, with childhood poverty near 50 per cent. The city is turning out street lights at night and only collecting garbage fortnightly to save money. What’s next? The UK heads to the polls on July 4 as Rishi Sunak’s Conservative Party faces a...
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UK job market on its way to recovery after downturn, say recruiters
2 min read Last Updated : Jun 10 2024 | 8:45 AM IST A fall in permanent hiring by employers in Britain was its least severe in more than a year in May and the recruitment market appears to be poised for a recovery, an industry survey showed on Monday. In a...
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UK polls: Britain’s rich race to save their wealth from election hit
Wealthy people in the UK, from foreign billionaires to City of London bankers, are rushing to shelter their money after Prime Minister Rishi Sunak surprised the country by calling a summer election. Some are cashing in investments, paying off bills that may soon rise or leaving the UK entirely, according to interviews...
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Banknotes bearing portrait of King Charles III rolls out across UK
People will be able to snap up the new-look currency at selected Post Office branches across the UK. Photo: Bloomberg 3 min read Last Updated : Jun 05 2024 | 5:08 PM IST People have been queuing Wednesday outside the Bank of England’s headquarters in London and at post offices around the UK to...
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Why immigration is a major issue in Britain’s election
In 2010, Conservative then-prime minister David Cameron pledged to bring net migration back to tens of thousands a year, a target he never came close to reaching. Ending the free movement of people into Britain from other European countries was a major factor that led to the 2016 vote to leave the European Union, with...
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UK poll predicts biggest ever Labour party win
Britain’s opposition Labour party could be on the path to the biggest election victory in its history, pollsters YouGov said on Monday, predicting a thumping 194-seat majority. Britain’s Prime Minister Rishi Sunak (L) and Britain’s main opposition Labour Party leader Keir Starmer (R) (AFP) The poll, which looked at voting estimates across all UK constituencies,...
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World War 3? Russia can destroy Britain, France ‘within one day’
Months after Russian President Vladimir Putin issued a ‘World War 3’ warning to the USA-led NATO military alliance, a Russian expert has claimed that Moscow can easily disable Britain and France’s nuclear deterrents “within one day” if a global conflict were to erupt. Also Read: ‘Russia-NATO, one step away from a full-scale World War 3,’...
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US and UK strike Houthi rebel targets in Yemen after ship attacks
The United States and Britain carried out air strikes on Yemen in what they said was a bid to degrade Iran-backed rebels’ maritime attack capabilities, with Houthi media on Friday reporting 14 killed. The Houthis have been attacking shipping around the Red Sea and Gulf of Aden since November, citing solidarity with Palestinians in the...
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Fewer top women earners in British finance since pandemic, shows report
Women make up a smaller proportion of top earners in British financial and professional services than before the Covid-19 pandemic. Image: Shutterstock 2 min read Last Updated : May 27 2024 | 8:35 AM IST Women make up a smaller proportion of top earners in British financial and professional services than before the Covid-19...
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Rishi Sunak’s national service plan faces enforcement, funding questions
The survey of 2,072 adults found that 25% viewed the prime minister favorably, up 5 percentage points from earlier in May. That compares with 34% for Starmer. Photo: Bloomberg 5 min read Last Updated : May 26 2024 | 10:23 PM IST By Alex Wickham and Alicia Diaz Prime Minister Rishi Sunak’s campaign...
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Every Briton have to serve a year in armed forces? PM Rishi Sunak has this plan
The Conservative party plans to reintroduce a national service requirement for every 18-year-old in Britain by the end of the upcoming Parliament, Prime Minister Rishi Sunak announced as part of his campaign messaging ahead of the July election. UK Conservatives propose mandatory national service for 18-year-olds.(REUTERS) Rishi Sunak said the service is needed to provide...