A leading farmer form South West England has called for new measures to stop another outbreak of foot and mouth disease (FMD) in the UK. Anthony Gibson, former regional director of the National Farmers Union, wants disinfectant footbaths for travellers arriving from problem areas.
UK based oil drilling services company Ensco PLC said Monday it has agreed to buy US rival Pride International Inc. in a 7.3 billion US dollars cash and stock deal that will create the world's second largest off-shore drilling company.
The collapse of the Spanish property prices helped pull annual profit down 8.5% at the Euro zone largest bank Santander. Solid results from Brazil and Britain, which each account for more profit than Spain at the diversified bank, failed to calm fears about exposure to a stagnant domestic economy, struggling to shake off the worst recession in half a century.
Latest offshore wind statistics released by the European Wind Energy Association (EWEA) confirm that the UK is the European and world leader in the sector, with 1,341MW installed.
The UK Ministry of Defence has confirmed that Defence Secretary Liam Fox is to meet his French counterpart to discuss further defence co-operation. But a senior MoD source has told the BBC there are no plans for the two countries to share aircraft carriers.
UK Minister Jeremy Browne is visiting Colombia and Chile to boost British business. Minister Jeremy Browne arrived in Bogotá Friday on the first leg of a visit to South America. He will spend three days in Colombia before travelling to Chile.
Recession-hit Britons cut back on overseas travel last year, with business trips down by almost a quarter, the UK Office for National Statistics announced this week.
Banks operating in the UK will be hit with a levy in a move set to raise more than £8bn over four years, the chancellor has announced -The levy is part of a joint move between the UK, France and Germany.
Less than a fortnight after the Conservative-Liberal Democrat coalition took power in Britain, Chancellor of the Exchequer George Osborne outlined plans to cut £ 6.2 billion pounds (8.92 billion USD) from government spending to help reduce the budget deficit.
European Union finance ministers have agreed to introduce tougher regulation of the hedge fund industry. Ministers overrode objections by the new UK government and the City of London, where 80% of European funds are based.