Bank of England warns of spillover risks from global rate rises

Last Updated: Wednesday, June 17, 2015, 16:03

Bank of England policymakers warned this month Britain could be affected when other countries start to raise interest rates, but that the outlook for British rates hinged on domestic inflation.

British unemployment steady at 5.5%

Last Updated: Wednesday, June 17, 2015, 15:38

The number of unemployed fell by 43,000 in the three months to April, the ONS added.

Tata Steel UK workers suspend industrial action

Last Updated: Wednesday, June 17, 2015, 14:58

Tata Steel workers in the UK have temporarily suspended their industrial action as emergency talks offered new hope of an agreement over an ongoing pensions row.

Industrial action suspended at Tata Steel UK plant

Last Updated: Wednesday, June 17, 2015, 08:52

Unions have suspended industrial action at Tata Steel`s UK plants while they consult their members on a revised offer from the company.

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.

Major funds draw up plans to leave London if Britain quits EU

Last Updated: Sunday, June 14, 2015, 08:25

Prime Minister David Cameron`s Conservatives won an unexpected majority in polls last month and are now seeking to renegotiate Britain`s relationship with the 28-member bloc ahead of a plebiscite.

UK's plan to limit work permits to impact Indian professionals

Last Updated: Thursday, June 11, 2015, 21:01

The industry body also said that the proposals, including introduction of new business levies for businesses employing migrant workers, are likely to put many businesses off employing professionals from countries like India.

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).

Global stock markets halt selloff; Greece hopes lift Wall Street

Last Updated: Thursday, June 11, 2015, 08:53

US and European shares rebounded after several down days on Wednesday on hopes for progress around an expected meeting between Greek, German and French leaders on Greece`s debt crisis, while oil rose for a second day.

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).