EU wakes up to `Brexit` nightmare after British vote

Last Updated: Friday, May 8, 2015, 22:43

Europe confronted on Friday the cold certainty of an unprecedented British referendum on EU membership after David Cameron`s election win, with two years of tough talks ahead to prevent a so-called "Brexit".

British banker set to enter not guilty plea for Hong Kong double murder

Last Updated: Friday, May 8, 2015, 09:50

His case will proceed to trial at the Court of First Instance, likely in the next four to six weeks.

Tata Steel workers to be balloted over industrial action

Last Updated: Tuesday, May 5, 2015, 23:05

Indian steel giant's European arm -- Tata Steel UK -- today called for "unconditional talks", even as British unions prepared to start balloting the company's nearly 17,000 workers to decide on whether to take strike action, a day before the country's May 7 general election.

British bank Lloyds posts falling Q1 net profit

Last Updated: Friday, May 1, 2015, 14:07

Earnings after taxation slid to £913 million ($1.40 billion, 1.25 billion euros) in the three months to the end of March, compared with £1.148 billion a year earlier, Lloyds said in a results statement.

Barclays launches 100 million pound fund for fast growth UK tech firms

Last Updated: Friday, May 1, 2015, 13:03

Barclays launched a new 100 million pound ($154 million) fund on Friday to lend cash to fast growing British technology firms who may not want to sell an equity stake.

British election: UK investor fears `no workable government`

Last Updated: Friday, May 1, 2015, 07:47

Financial markets are bracing for a highly unpredictable British election next week that in a worst case scenario could produce no workable government, a leading City investor told AFP.

`City` shivers at British election suspense

Last Updated: Friday, May 1, 2015, 07:35

Britain`s political outlook is far from clear ahead of Thursday`s general election, risking a period of uncertainty for London`s financial district, something the City never welcomes.

British companies to invest $400 mn in Cuba

Last Updated: Friday, May 1, 2015, 07:16

British companies will invest $400 million in Cuba initiatives, in areas that reportedly include agriculture, tourist infrastructure and energy, a business delegation said Thursday.

Barclays bank Q1 profits halve, takes new forex charge

Last Updated: Wednesday, April 29, 2015, 14:20

Net profit or earnings after taxation sank 52 percent to £465 million in the three months to the end of March compared with a year earlier, Barclays said in a results statement.

Tata Steel pension row flares up, unions send legal notice

Last Updated: Tuesday, April 28, 2015, 21:46

British trade unions have sent a legal notice to Tata Steel to ballot some 17,000 employees for a proposed industrial action over a pension row.

UK unions give Tata Steel notice of industrial action ballot

Last Updated: Tuesday, April 28, 2015, 16:15

British steel unions have given official legal notice to Tata Steel UK about their intention to start balloting some 17,000 members for industrial action from May 6, one day before the country`s general election.

British economy slows sharply to 0.3% growth in Q1

Last Updated: Tuesday, April 28, 2015, 14:21

Britain`s economy grew far slower than expected in the first quarter of 2015, official data showed Tuesday, delivering a blow to the government just nine days before a general election.