In a significant development, Britain’s spending watchdog stated, “British companies may have fraudulently claimed up to $5.1 billion (3.9 billion pounds) in public money by accepting funds from a salary support scheme while ordering furloughed staff to still work during… Read More ›
British
Japan and Britain sign trade deal
In a significant development which marks Britain’s first big post-Brexit step, Japan and Britain have formally entered into a trade agreement on Friday. Japanese Foreign Minister Toshimitsu Motegi and UK Trade Minister Liz Truss signed the agreement in Tokyo.
Britain-U.S. trade negotiations intensify ahead of critical U.S. Presidential elections
In a significant development, British trade minister Liz Truss said, Britain and the United States are intensifying trade negotiation. The announcement comes ahead of the start of the fifth round of negotiations focused on goods tariffs. Britain has placed a… Read More ›
Britain’s biggest fund manager with more than $1.55 trillion in AUM, expands push towards low-carbon economy
On Wednesday, Britain’s biggest asset manager said, it plans on increasing the number of companies it assess and engages vis-a-vis climate change, in order to accelerate global efforts to move towards a low-carbon economy. In a statement Legal & General… Read More ›
Britain to test COVID-19 status of international tourists from November 2020
According to a report from The Guardian, the UK government will set up a global travel taskforce and defer an anticipated plan to introduce COVID-19 testing for international arrivals until November. The setting up of the taskforce came about on… Read More ›
Britain taking steps to secure FTSE from hostile foreign state actors
On Wednesday, in a significant development, according to a report from The Times, British Finance Minister Rishi Sunak plans on blocking companies from being listed on the London Stock Exchange on national security grounds. The proposed move will see the… Read More ›
Japan-Uk to negotiate bilateral trade deal today
On Friday, Japan’s Foreign Minister Toshimitsu Motegi stated, he plans on holding talks with British trade minister Liz Truss later today to discuss a post-Brexit bilateral trade deal in the hope to reach a broad agreement. “I will hold talks… Read More ›
No change in personal tax slabs in UK, other than for the wealthy
According to a report from the Sunday Times, British Prime Minister Boris Johnson and Finance Minister Rishi Sunak are likely to trim personal taxes rates before the next election. Sunak has the challenging task of telling voters and lawmakers on… Read More ›
Britain to introduce legally binding environmental targets
In a significant development, Britain stated it would bring about legally binding targets on air quality, biodiversity, waste reduction, and cleaner water as part of efforts to combat climate change, rebuild the economy and improve the environment. These green targets… Read More ›
Pent up real estate demand keeps property prices hot across the board: Rightmove
According to British real estate industry data released on Monday, Britons have purchased and sold a record number of homes between mid July and early August with pent up demand from the Wuhan coronavirus and a desire to leave London… Read More ›