Business

Major Strike Looms in UK After Talks With Government Fail

A strike by hundreds of thousands of teachers, lecturers, civil servants and other public sector workers is set to go ahead on Thursday after negotiations failed.

UK Union Chief Warns: Biggest strike for 100 years

Polly Curtis The Guardian 18.06.2011
UK Union Chief Warns: Biggest strike for 100 years

The leader of the largest public sector union promises to mount the most sustained campaign of industrial action the country has seen since the general strike of 1926, vowing not to back down until the government has dropped its controversial pens...


Millions of UK households face record high energy bills

Myra Butterworth Telegraph 08.06.2011
Millions of UK households face record high energy bills

Millions of households were warned last night that they face “unacceptable” rises in their energy bills after one of the biggest power firms announced average increases of nearly £200 a year.

British Health Care Program in Grave Peril

Andrew Porter Telegraph 02.06.2011
British Health Care Program in Grave Peril

The National Health Service is facing a £20 billion-a-year funding black hole that will threaten its founding principles unless the Coalition’s controversial reforms are brought in to prevent it, the Health Secretary has warned.


Moody's warns Britain over triple-A credit rating

Moody's, the ratings agency, said Britain's triple-A credit rating could be at risk if slower growth makes it harder for the government to rein in its budget deficit.

Violence warning in UK as unions plan mass march Sunday

Trade unions said on Tuesday their march this weekend will be the country's biggest protest for years, but police fear splinter groups will attempt to repeat last December's street violence.


Warning Of 'Food Price Riots In The UK'

Peter Hoskins SKY News 08.03.2011
Warning Of 'Food Price Riots In The UK'

A senior economist at the worldwide bank HSBC has warned of civil unrest in Britain if food prices continue to soar.

UK Economy May Be Heading for a Double-Dip

Antonia Oprita CNBC 25.01.2011
UK Economy May Be Heading for a Double-Dip

Britain's "awful" gross domestic product figure for the fourth quarter is pushing the country closer to a double-dip and limits the central bank's ability to fight rising inflation, analysts and business leaders said Tuesday.


UK Government Plans Major Health Care Reform

JILL LAWLESS ABC News 18.01.2011
UK Government Plans Major Health Care Reform

Prime Minister David Cameron on Monday waded into terrain where past British governments have foundered, promising fundamental changes to the country's expensive and over-stressed public health care system.

UK minister stripped of media role for Murdoch jibe

Keith Weir and Mohammed Abbas Reuters 22.12.2010
UK minister stripped of media role for Murdoch jibe

British Business Secretary Vince Cable was stripped of power over the media sector but remained in government on Tuesday after he was taped "declaring war" on News Corp (NWSA.O) Chief Executive Rupert Murdoch.


UK stores put security tags on turkeys to stop shoplifters

Supermarkets are putting electronic tags on their turkeys in an attempt to beat thefts triggered by hard times this Christmas.

Jobless targeted in UK welfare shake-up

Danny Kemp Yahoo! News 11.11.2010
Jobless targeted in UK welfare shake-up

The coalition unveiled plans Thursday to stop handouts for up to three years to jobless who refuse work, in the biggest shake-up in the history of the welfare state, a day after violent protests rocked London.


Britain to dim street lights

Daily Mail 10.11.2010
Britain to dim street lights

Town halls are plunging our streets into darkness as they try to cut energy bills, damning research reveals. Up to three-quarters of councils are planning to turn off street lamps or dim the lights in an attempt to save money and meet climate chan...

Internet accounts for 7.2% of British economy: study

The Internet contributed 100 billion pounds (155 billion dollars, 115 billion euros) to the British economy last year, about 7.2 percent of gross domestic product (GDP), a report showed Thursday.


UK cuts child benefit payments in austerity drive

David Stringer Yahoo! Finance 04.10.2010
UK cuts child benefit payments in austerity drive

Britain will cap payments to jobless families and scrap child benefits for high earners in a sweeping overhaul of the country's welfare system, Treasury chief George Osborne said Monday.

Hong Kong billionaire Li Ka-shing considers bid for UK's High Speed 1 rail link

Hong Kong billionaire Li Ka-shing is considering a bid for High Speed 1, the fast rail link being sold by the Government for £1.5bn to £2bn.


UK protests over cloned animals in food chain

An animal welfare group on Friday delivered a petition of 7,000 names calling on the government to prevent products from cloned animals entering the food chain.

British businessman hid £140,000 in his aunt's grave in tax-evasion scam

A businessman buried £140,000 in his aunt’s grave in an attempt to dodge his taxes.


$23 million pay off for BP chief executive Tony Hayward

BP was last night poised to boot out boss Tony Hayward - with a near £15MILLION pay-off. The under-fire chief executive could go as early as today after being locked in talks over the weekend.

Britain Plans to Decentralize Health Care

The New York Times 26.07.2010
Britain Plans to Decentralize Health Care

Perhaps the only consistent thing about Britain’s socialized health care system is that it is in a perpetual state of flux, its structure constantly changing as governments search for the elusive formula that will deliver the best care for the che...