Tata Steel says it will press ahead with plans to return to profitability at its Port Talbot steelworks, no matter who forms the next government. The India-based firm was responding to media reports Labour was hoping to coax a U-turn at the UK’s biggest steelworks, should it win the day on 4 July. Tata confirmed...
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Last Updated : Jun 11 2024 | 4:04 PM IST The British pound is staying subdued against the dollar on Tuesday after labor data showed number of people in work in the United Kingdom dropped by 140 thousand in the three months to April 2024, easing from a 177 thousand decline in the prior period...
Barclays branches targeted by pro-Palestine activists
Pro-Palestinian activists say they have attacked 20 Barclays bank branches across England and Scotland as part of a campaign aimed at damaging Israel’s war machine. The Palestine Action group, which has previously focused its campaign on Israel-based defence contractor Elbit’s UK operations, said its members were responsible for the vandalism. Images posted on X showed...
4G “Unlikely” to be Extended to 95% of U.K. by End of 2025
The U.K. government’s target of extending 4G coverage to 95% of the country by December 2025 is looking unlikely, according to a report from the House of Commons. Businesses and individuals in rural areas will be most impacted by the failure, especially after 3G and landline networks are turned off. For the target to be...
Level up: Winnipeg gaming company expanding to United Kingdom, Ireland
A gaming business founded in Winnipeg is making the leap across the pond. Activate Games, an immersive gaming experience, is expanding to the United Kingdom and Ireland, with plans to open 30 new spaces. The new deal is a partnership between Activate Games and We Do Play in the United Kingdom. ...
Analysis: What happened to the UK economy? 5 charts break down the key election issue | CNN Business
London CNN — When UK voters elect a new government on July 4, the health of the world’s sixth-biggest economy will likely be the main factor in deciding the outcome. The Conservative Party of Prime Minister Rishi Sunak has been in office since 2010, a period that has included the twin shocks of a pandemic...
Mortgage News: TSB, Skipton Raise Rates As Hopes Fade For June Bank Rate Cut
Find out what’s happening with mortgage rates today and calculate monthly repayments across a range of different rates and deals. 6 June: Lenders Follow Wholesale Market Trends TSB is increasing selected residential purchase rates by up to 0.2 percentage points from tomorrow (Friday), as growing numbers of lenders push up borrowing costs as hopes fade...
Mortgage News: Barclays Ups Rates As Hopes Fade For June Bank Rate Cut
Find out what’s happening with mortgage rates today and calculate monthly repayments across a range of different rates and deals. 10 June: Attention Switches To August Bank Of England Decision Barclays is increasing the cost of selected fixed rate deals by up to 0.2 percentage points across its residential purchase and remortgage ranges from tomorrow...
UK Signage Business Invests £250K in New Equipment and Cutting-Edge Technology
North East-based JMF Group is planning for the future by expanding its operational efficiency and the quality of its signage products. Newcastle upon Tyne, England, United Kingdom – June 3, 2024 — North East-based JMF Group is planning for the future by expanding its operational efficiency and the quality of its signage products. Signage firm JMF...
Mortgage News: HSBC Ups Fixed Rates As Hopes Fade For June Bank Rate Cut
Find out what’s happening with mortgage rates today and calculate monthly repayments across a range of different rates and deals. 3 June: Building Societies Pulling High LTV Deals HSBC is increasing selected fixed-rate mortgage rates across its residential and buy-to-let ranges from tomorrow (4 June), writes Jo Thornhill. The rate rises will be applied predominantly...
Best Crypto Exchanges UK For June 2024 – Our Pick
Picking a suitable crypto exchange can be a complicated process. But first and foremost, an investor should look for a secure exchange. As crypto has grown in popularity, it has increasingly become a target for hackers. And many leading exchanges have been hacked to the tune of tens of millions. While exchanges often reimburse those...
RBI transfers 100,000 kg of gold from UK to Indian vaults: Report
PTC News Desk: According to Business Today, which cited sources, the Reserve Bank of India (RBI) has transferred almost 100 tonnes (1 lakh kilos) of gold from the United Kingdom to its vaults in India. This is the first time India has attempted a transfer of this magnitude of gold reserves since 1991. About one-third...