UK watchdog fines UBS over trading scandal
UBS was fined 30 million pounds ($48 million) by Britain’s financial watchdog and put under extra scrutiny by its Swiss counterpart over failings that allowed a rogue trader to lose $2.3 billion.
Ann
Tata to axe 900 jobs across UK
Indian-owned steel giant Tata has announced that it is axing 900 jobs across Britain.
The firm said it was closing 12 sites and claimed the job losses, including almost 600 at plants in South Wales,
UK says it is not endorsing Modi
The UK government sought to begin a new chapter in its ties with the Narendra Modi-led Gujarat government with its High Commissioner in India, Sir James Bevan, meeting the Chief Minister for a little
Scots get a vote to opt out of UK
UK Prime Minister David Cameron on Monday afternoon signed a deal with Scotland’s first minister Alex Salmond granting his government the power to hold a historic referendum on independence which may
British PM reshuffles ailing government
British Prime Minister David Cameron reshuffled his ailing coalition government on Tuesday, but unpopular finance minister George Osborne was expected to keep his job.
In his first such move since th
UK crackdown on Indian-origin 'rogue landlords'
Britain on Thursday launched a major crackdown on landlords - many of them of Indian origin - who construct illegal extensions to their houses dubbed as 'beds in sheds' and rent them out to illegal im
Ex-Murdoch aide Rebekah Brooks bailed by British court
A British court on Wednesday bailed Rebekah Brooks, the former aide to Rupert Murdoch and News of the World editor, on obstruction of justice charges relating to the phone-hacking scandal.
Brooks, 44
Gilani meets Cameron, briefs him on Indo-Pak peace process
Indo-Pak peace process came up for discussion during talks between Pakistan Premier Yousuf Raza Gilani and his British counterpart David Cameron here, besides other key issues of mutual interest, incl
UK preparing to end aid programme to India: Report
Britain is preparing to end its aid programme to a booming India and is unlikely to renew its commitment after 2015, a media report said on Sunday.
Andrew Mitchell, the international development secr
One in three British teenage girls 'sexually assaulted'
A British survey has found that a third of teenage girls become victims of sexual violence by their boyfriends. Experts fear that some do not even realise they are victims of a crime and others are to