Tag: United Kingdom

• Thursday, January 24th 2019 - 09:04 UTC

  Mrs. May commits peace and reconciliation funds for Northern Ireland, regardless of Brexit

  

  The British government will remain committed to funding peace and reconciliation in Northern Ireland regardless of Brexit, the prime minister has said. Theresa May made the pledge in a letter to “reassure” the DUP. It comes amidst strains in the relationship over the border backstop.

• Thursday, January 24th 2019 - 08:53 UTC

  Santander bank slashing a fifth of its UK network and some 1,270 jobs

  

  Spanish-owned bank Santander is slashing its branch network by almost a fifth, putting 1,270 jobs at risk. The bank blamed the closures on “changes in how customers are choosing to carry out their banking”. It said branch transactions have fallen 23% in the last three years, while digital transactions have soared 99%.

• Thursday, January 24th 2019 - 08:50 UTC

  Barclays' senior ex bankers on trail charged with conspiracy to commit fraud

  

  Senior Barclays bankers paid Qatar £322m in secret fees during the financial crisis in return for bailout funds, a court heard on Wednesday. The case against four former executives has been filed by the UK's Serious Fraud Office over Barclays' £11.8bn rescue.

• Thursday, January 24th 2019 - 07:26 UTC

  Luxembourg reaping London's financial services triggered by Brexit

  

  Brexit is driving a much heralded jobs boom and expansion in the financial services industry – in Luxembourg. According to lobby group Luxembourg for Finance, 47 banks, insurers, wealth managers and investment firms have plans to move some business activities to the Grand Duchy in order to cope with potential disruption from Britain’s impending departure from the European Union.

• Thursday, January 24th 2019 - 06:00 UTC

  May/Sturgeon meeting confirm the divide between the two leaders over Brexit

  

  First Minister Nicola Sturgeon and Prime Minister Theresa May have met for talks in London after clashing over a second Scottish independence vote. The Downing Street summit was part of what Mrs. May called an “enhanced role” for the Scottish government in Brexit.

• Wednesday, January 23rd 2019 - 07:28 UTC

  Sturgeon to London to meet Mrs. May; First Minister favors extension of Article 50

  

  Scottish First Minister Nicola Sturgeon is heading to London for Brexit talks with Prime Minister Theresa May. Mrs. May is attempting to build support for her withdrawal plan and is holding talks with opposition parties and the Scottish and Welsh governments.

• Tuesday, January 22nd 2019 - 10:03 UTC

  Escalating trade tensions and financial markets could undermine global growth, says IMF's latest report

  

  The International Monetary Fund has warned that escalating trade tensions could undermine global economic growth. In a new report on the world economic outlook, the IMF also warns of risks from a no-deal Brexit. For the world economy, the IMF is now predicting growth of 3.5% in 2019. In October, it forecast 3.7%.

• Tuesday, January 22nd 2019 - 09:51 UTC

  Cameron was warned about the referendum by EU leaders: “get real” over “this stupid referendum”

  

  The European Council President Donald Tusk told David Cameron to “get real” over his “stupid referendum” before the 2016 Brexit vote, a BBC documentary reveals. Mr Tusk tells the three-part show that he warned the then prime minister there was no “appetite for revolution in Europe” and he “could lose everything”.

• Tuesday, January 22nd 2019 - 09:45 UTC

  Albatrosses ‘Bird-borne’ radar project to enhance UK Overseas Territories environment

  

  Seventeen innovative new projects will receive UK Government funding through the Darwin Plus initiative, to help protect and enhance the environment in the UK Overseas Territories. The seventh round of funding under the initiative, worth around £3.75m, will be shared amongst 17 projects around the globe. The funding will support international nature and help to achieve many of the commitments in the UK Government’s 25 Year Environment Plan.

• Monday, January 21st 2019 - 19:58 UTC

  Submariners celebrate 50 years of the Royal Navy's nuclear deterrent patrols

  

  Events across the UK will celebrate the 50 years of dedication of submariners on the longest operation ever carried out by British armed forces. No mission has been longer – or more important – than the nuclear deterrent patrols performed around the clock by the Royal Navy over the past half-century.