Uk: Latest News and Updates, Top Stories, Videos, Photos About Uk

Indian Economy Shines While UK, Japan Battle Recession Amid Global Woes

The developed countries face serious threat of high inflation, slowing growth and rising unemployment which eventually could push these economies into a technical recession this year and while United Kingdom and Japan are already into one, India retains its position as ...

UKIBC: FTA negotiations should conclude before general elections in India and UK

UKIBC, a trade body with a mission to grow trade and investments between the two countries, said the negotiations on the Free Trade Agreement FTA should conclude before the general elections due in both nations next year....

India, UK focusing on free trade agreement: Jaishankar

External Affairs Minister S Jaishankar said that India and the UK are currently focusing on a free trade agreement and hoped that the two sides will find a landing point which will work for both of them....

Ashok Leyland Invests Rs 1,200 Crore in EV Arm Switch Mobility

Ashok Leyland's board has approved an investment of Rs 1,200 crore in its EV arm Switch Mobility for capital expenditure, R&D and meeting operational requirements in the UK as well as in India....

UPS Appoints Ufku Akaltan as President for UK, Ireland, Nordics and India

UPS announced the appointment of Ufku Akaltan as the president for its business in the UK, Ireland, Nordics and India. In this role, Akaltan will lead the operations and growth strategies across the expanded markets, deploying the company's global smart logistics network to strengthen the UK to India trade lane....

India-UK Trade Talks: Modi-Sunak Push To Double Bilateral Trade By 2030

India and the UK have softened positions on most of their points of contention as both nations try to wrap up trade talks ahead of expected national polls next year, according to people with the knowledge of the matter. While New ...

Bank Of England Declares 50-Basis-Points Rate Hike To 5%, Highest Since 2008

The Bank of England has raised borrowing costs for 13th time in a row to combat stubbornly high inflation, which has failed to come down from its peak as quickly as expected, according to a PTI report. In a statement on ...

UK Orders Glencore, To Pay Millions Over African Oil Bribes

A British court on Thursday ordered commodities company Glencore to pay more than 280 million pounds ($313 million) for using bribes to bolster its oil profits in five African countries. The order comes months after the Anglo-Swiss company announced it had ...

UK Scraps Tax Cut For Wealthy, That Sparked Market Turmoil

The British government has dropped plans to cut income tax for top earners, part of a package of unfunded cuts that sparked turmoil on financial markets and sent the pound to record lows. In a dramatic about-face, Treasury chief Kwasi Kwarteng ...

HDFC Life Insurance Shares Jump By More Than 2% After Massive Block Deal

HDFC Life Insurance Company Ltd's shares surged over 2% in morning trade on Tuesday following a massive block deal. Recently, the the UK-based investment company Abrdn said it is planning to sell 4.3 crore shares in the private sector insurer through ...

India Surpasses UK To Become Fifth-Largest Economy In World

According to a Bloomberg article, India has surpassed the United Kingdom to take over as the world's fifth-largest economy. The United Kingdom has dropped to sixth place as a result of the rating shift, as the nation struggles to cope with ...

Double Digit Inflation, Possible Recession Risk Hit UK Economy

Economy of Britain has been witnessing the strain of two major risks in the form of double-digit inflation and a possible recession causing dilemma for Bank of England (BoE) about how far it should increase interest rates, according to a Reuters ...

Uk News