Prime Minister Narendra Modi and United Kingdom PM Rishi Sunak. File. | Photo Credit: ANI Indian and British business leaders gathered in London on March 19 to relaunch the CII (Confederation of Indian Industry) UK India Business Forum (IBF) following a hiatus that began shortly after the onset of the COVID-19 pandemic. The launch comes...
Category: Bussiness
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UK inflation falls to 3.4% in February as food price rises slow
UK inflation fell to 3.4% in February – the lowest level for two and a half years – driven in part by a slowdown in the pace of food and restaurant price rises. The bigger-than-forecast decline in the consumer prices index (CPI) from 4% in January will give a boost to Rishi Sunak, who has...
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UK takes major step towards joining Indo-Pacific trade bloc
UK poised to join Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade group later this year as the Trade (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) Act receives Royal Assent Business and Trade Secretary Kemi Badenoch signed the accession treaty for Indo-Pacific bloc last July following two years of negotiations With the UK as...
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Mortgage News: Halifax Joins Ranks Of Major Lenders Raising Borrowing Costs
We have a suite of mortgage calculators to help you work out how repayments will affect your household finances, what you could save by remortgaging, and the beneficial impact of overpaying. You can also enter your details here to see what’s available on today’s market 24 April: Market Heads In ‘Higher For Longer’ Direction Britain’s...
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Report launched into UK’s IP-backed finance landscape
new report launched in London today finds UK meets right conditions to make IP-backed lending to SMEs viable the report – produced by the World Intellectual Property Organization (WIPO) – shows IP-backed lending is becoming more available to UK businesses UK Government announces a new working group led by the UK Intellectual Property Office (IPO)...
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British business increasingly backs Labour on innovation
More than three-quarters of UK businesses believe the Labour Party would have a positive impact on the country’s innovation, should it win the 2024 general election. With a new poll from Ayming also finding businesses are increasingly calling for state assistance when it comes to things like sustainable development. Since 2010, a Conservative-led government of...
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Exporters Need To Follow New UK Rules To Avail Duty Benefits
India and the UK have been negotiating a free trade agreement since 2021. (Representational) New Delhi: Exporters seeking to avail duty concessions on shipments to the UK will have to adhere to the new British rules under the Developing Countries Trading Scheme (DCTS). In a trade notice, the Directorate General of Foreign Trade said that...