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Friday, December 27, 2024
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UK business

Barclays profit drops in first quarter on higher costs

  BARCLAYS on Thursday (28) announced an 18 per cent drop in net profit during the first quarter on litigation and bad debt charges. Profit after...
UK business

UK to set up new authority to ‘chase down’ frauds

BRITAIN said on Wednesday (27) it will set up a new authority to crack down on financial frauds as chancellor of exchequer Rishi Sunak...
UK business

Regulator: One in 10 UK firms do not provide modern slavery statement

  MANY companies are failing to spell out clearly whether they comply with modern slavery laws, Britain’s corporate governance regulator said, partly for fear of...
UK business

Asda, Morrisons cut prices of key items amid spending squeeze

  ASDA and Morrisons said they would cut the prices of essential items, ratcheting-up competition in Britain’s food retail sector against a backdrop of soaring...
UK business

Hero Cycles to add new e-cycle assembly line in Manchester

  INDIA’s Hero Motors Company firm will add a new e-cycle assembly line within its manufacturing facility in Manchester to produce high-end, IoT enabled electric...
UK business

‘UK challenger banks lack checks on financial crime risk’

  START-UP banks in the UK have been found to lack checks on financial crime risk, including getting around the kind of sanctions recently imposed...
UK business

OneWeb collaborates with ISRO to launch satellites

ONEWEB, the low earth orbit satellite communications company, has collaborated with the Indian Space Research Organisation (ISRO) to complete its satellite launch programme. The London-based...
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