Fast fashion retailer Shein would be expected to meet “ethical and moral targets” on “all aspects of business” if it lists on the London Stock Exchange, according to the Business Secretary. Jonathan Reynolds said he is “concerned” about a “loophole” which allows firms to avoid import duties by shipping small packages directly to customers. He...
Category: Bussiness
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UK immigration: Will Starmer make it more difficult for you to move to Britain?
The United Kingdom has a new Prime Minister, and Labour Party‘s Keir Starmer may tighten immigration policies, putting more border checks and raising eligibilty for foreigners looking to move into the country. In a recent TV debate, Starmer vowed to maintain the United Kingdom’s membership in the European Convention on Human Rights, calling Sunak “the...
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United Kingdom Stocks, ETFs To Watch After Keir Starmer, Labour Party Win
Labour Party member Keir Starmer is set to become the new prime minister of the United Kingdom with a win over the Rishi Sunak-led Conservative Party. The win marks an end to 14 years of Conservative Party control in the United Kingdom. The Labour Party will also have one of the largest majority government leads...
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Labour Party’s electoral victory renews hope for India-UK trade deal
British Prime Minister Keir Starmer and his wife, Victoria Starmer, outside Downing Street 10, following the results of the election, in London on Friday (Photo: X/@Keir_Starmer) 4 min read Last Updated : Jul 05 2024 | 11:23 PM IST India is optimistic that its delayed trade deal with the United Kingdom (UK) could gain...
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The growth agenda for the United Kingdom
CAMBRIDGE, England — As in many other developed countries lately, the two major political parties in the United Kingdom have embraced economic growth as their top policy priority. Following the volatile 49-day experience of Liz Truss’ government and its “dash for growth” in 2022, however, both parties emphasize that there are no financial shortcuts. The...
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Mortgage News: Lending Rates Fall As Market Takes Stock Of Labour Election Triumph
Find out what’s happening with mortgage rates today and calculate monthly repayments across a range of different rates and deals. 5 July: More Cuts Expected Ahead of Bank Rate Decision HSBC has unveiled its new residential fixed rate mortgage deals, including market-leading deals for homebuyers, and lower rates across its range for first-time buyers and...
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Eurasia Group’s Ian Bremmer says Labour’s election win will boost U.K. business
As a little kid in Scotland, I remember my dad told me the ruling Labour Party was bad for business. Barely 30, he was an entrepreneur trying to support three kids in a land of strikes, power cuts, inflation and high taxes. We moved to Canada before the Conservative Margaret Thatcher became Britain’s prime minister in...
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Analysis: Welcome to power, Keir Starmer. Now fix Britain’s economic mess | CNN Business
London CNN — British voters have handed the Labour Party its first election victory in almost two decades, hoping that a new center-left government will revive Britain’s ailing economy and fix collapsing public services. The landmark moment draws the curtain on 14 years of tumultuous rule by the Conservative Party — defined by austerity, Brexit...
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Latest Business News, Live Updates Today July 5, 2024
Latest business News, Live Updates Today: Get real-time updates on the biggest news from the world of business, stock market and more. Latest news on July 5, 2024: Prime Minister Narendra Modi meets with United Kingdom PM Rishi Sunak on the sidelines of the 50th G7 Summit, in Apulia on Friday. Follow for stories on...
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UK General Elections Result Live: PM Rishi Sunak to formally resign after making statement at 3 pm – The Economic Times
06:13:14 AM IST, 05 Jul 2024 Jailed Engineer Rashid, Amritpal to take oath as LS members today Jailed radical Sikh preacher Amritpal Singh and Kashmiri leader Sheikh Abdul Rashid are set to take oath as Lok Sabha members on Friday, subject to some conditions in their parole orders. While Rashid, popularly known as Engineer Rashid,...
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Mortgage News: HSBC, Barclays, YBS Each Trim Rates Ahead Of Expected Bank Rate Cut
Find out what’s happening with mortgage rates today and calculate monthly repayments across a range of different rates and deals. 4 July: Competition Intensifies For Borrower Business HSBC, Barclays and Yorkshire building society have announced reductions to the cost of fixed-rate borrowing in the footsteps of other major lenders including Halifax, NatWest and Santander as...
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US imposes sanctions on SA, Chinese firms for ties to Oudtshoorn flight school | Business
J-10 fighter jets of Chinese air force’s August 1 Aerobatic Team perform during Airshow China 2022 at Zhuhai Air Show Centre in Zhuhai, Guangdong Province of China. (Zhou Guoqiang/VCG via Getty Images) Two of the companies are in China, one in South Africa, two in the United Arab Emirates, and one in the United Kingdom....