British inflation rate falls back to zero

Last Updated: Tuesday, July 14, 2015, 15:41

Britain`s annual inflation rate turned flat in June from the previous month on the back of falling clothing and food prices, official data showed Tuesday.

UK will do `whatever is necessary` to protect its economy after Greek vote

Last Updated: Monday, July 6, 2015, 10:47

Britain will do "whatever is necessary to protect its economic security", a government spokesman said Monday after Greeks voted overwhelmingly against austerity in a referendum that could send them crashing out of the eurozone with unknown consequences.

Deutsche Bank's $1-bn investment faces fresh probe

Last Updated: Sunday, July 5, 2015, 14:20

Besides, they are also reviewing their regulations for greater clarity in this area and to ensure there is no room for any ambiguity.

UK Food Standards Agency finds made in India Maggi safe to eat

Last Updated: Wednesday, July 1, 2015, 19:25

"The FSA can confirm that results from testing samples of Maggi Noodles in the UK have all found that levels of lead in the product is well within EU permissible levels and would not be a concern to consumers," FSA said in statement.

UK economic growth revised higher: Data

Last Updated: Tuesday, June 30, 2015, 14:53

Britain`s economy grew more than expected in the first quarter but output was still lower compared with the end of last year, official data showed on Tuesday.

Essar Oil UK posts $70 million profit in FY15

Last Updated: Friday, June 26, 2015, 13:43

Essar Oil UK, which owns and operates UK's Stanlow refinery, Friday reported a net profit of USD 70 million for the year ended March 31 compared with a loss of USD 121 million in the previous fiscal.

Essar Oil UK gets new long term working capital funding

Last Updated: Wednesday, June 24, 2015, 18:37

Essar Oil UK, which owns and operates the Stanlow Refinery in Ellesmere Port, Wednesday said it has finalised a new long term working capital facility to fund purchase of crude oil.

FMC to merge with SEBI by September: Sinha

Last Updated: Tuesday, June 23, 2015, 21:39

Capital markets regulator SEBI Tuesday said it expects the proposed merger of commodities regulator FMC with it to be completed by September-end and assured that that there will be no layoffs after the amalgamation.

UK Unions' decision recognises shortfall in pension fund: Tata Steel

Last Updated: Saturday, June 20, 2015, 14:53

The UK trade unions' decision to suspended strike at Tata Steel plants in the country recognises the substantial shortfall in the pension fund and the need to jointly address it, the steel maker said.

UK unions suspend strike action at Tata Steel after new offer

Last Updated: Friday, June 19, 2015, 23:22

Unions have suspended next week`s planned strike action at Tata Steel`s UK plants and are recommending that their members accept the company`s new pension offer.

India emerges as UK's 3rd largest FDI source in 2014

Last Updated: Wednesday, June 17, 2015, 20:30

The UK on Wednesday said it has maintained its position as the number one destination for FDI in Europe after attracting a record number of projects from over 70 countries including India, bringing in the largest financial value and associated jobs over the past year.

Tata Steel up nearly 4% as UK unions suspend industrial action

Last Updated: Wednesday, June 17, 2015, 17:07

Shares of Tata Steel rose by nearly 4 percent on Wednesday after UK trade unions temporarily suspended industrial action at the firm as it has made a new offer.