Tata Steel workers begin action ahead of planned strike in UK

Last Updated: Tuesday, June 16, 2015, 23:00

Tata Steel workers in the UK have begun the work-to-rule action ahead of a planned strike next week over the company's proposed changes to the British Steel Pension Scheme.

Tata Steel approaches Acas to resolve pension dispute

Last Updated: Sunday, June 14, 2015, 18:19

In a bid to resolve the pension dispute with its trade unions, Tata Steel Sunday said it has approached British conciliation service Acas.

Tata Steel Europe Chief meets British MPs over union trouble

Last Updated: Thursday, June 11, 2015, 16:54

"The scheme is faced with a projected shortfall of up to 2 billion pounds, which both the company and the unions agree makes change necessary. In a robust and constructive dialogue Koehler answered all the questions MPs asked him," it said.

Tata Steel declines over 2% as British Unions plan strike

Last Updated: Thursday, June 11, 2015, 12:39

Shares of Tata Steel on Thursday fell over 2 percent on the bourses after UK unions notified the company of an industrial action on June 22 over the firm's proposal to revise the British Steel Pension Scheme (BSPS).

UK unions notify Tata Steel of industrial action on June 22

Last Updated: Wednesday, June 10, 2015, 20:48

Tata Steel on Wednesday said trade unions have informed it on their plans for industrial action at all its plants across the UK over the firm's proposal to revise the British Steel Pension Scheme (BSPS).

UK unions for strike action against Tata Steel from June 22

Last Updated: Monday, June 8, 2015, 19:49

UK trade unions - Community, Unite, GMB and UCATT - Monday announced "strike action" against Tata Steel over its proposal to scrap the British Steel Pension Scheme (BSPS).

Swiss prosecutors close HSBC case, bank to pay more than $40 mn

Last Updated: Thursday, June 4, 2015, 23:04

Swiss prosecutors Thursday closed an investigation into allegations British banking giant HSBC's Geneva branch helped clients evade millions of dollars in taxes, after the bank agreed to pay tens of millions in compensation.

UK Unions to meet on Monday over strike action at Tata Steel

Last Updated: Thursday, June 4, 2015, 21:25

Trade unions -- Community, Unite, GMB and UCATT -- will meet next week on Monday to decide on the "strike action" on Tata Steel's proposal to scrap the British Steel Pension Scheme (BSPS).

David Cameroon wades into Tata Steel strike threat

Last Updated: Wednesday, June 3, 2015, 23:43

British Prime Minister David Cameron Wednesday said his government has started discussions with Tata Steel over a strike threat by its workers in the UK over a pension row.

Ericsson wins 7-year managed services deal with BBC

Last Updated: Tuesday, June 2, 2015, 14:40

Telecom gear maker Ericsson said on Tuesday it had won a tender for a seven-year playout services contract with British public broadcaster BBC for its television channels in Britain and BBC World News.

British retail sales jump in April: Official data

Last Updated: Thursday, May 21, 2015, 15:42

British retail sales rose far stronger than expected in April from the previous month, official data showed on Thursday, with customers profiting from falling prices.

Tata Steel Pension Row: Another UK trade union joins fight

Last Updated: Wednesday, May 20, 2015, 21:25

The UK's largest trade union Unite Wednesday announced holding a ballot for industrial action over Tata Steel's proposal to close the British Steel Pension Scheme (BSPS), even as the firm said it has "initiated action on de-risking its exposure to the scheme."