Business
Pay Freeze for Queen in UK Austerity Measures
In a sign of dire economic times across the pond, Buckingham Palace is now doing some budget busting, with the queen herself due for a pay freeze and Prince Charles set to foot the bill for some major expenses.
Sir Richard Branson's blueprint to revive British economy
Sir Richard Branson is to warn George Osborne that he will create a "lost generation" of young people who will never know work unless he takes radical steps in next week's Autumn Statement to kick-start the economy.
'Think Asia, Think Hong Kong' Opens Next Week in the UK
The Hong Kong Trade Development Council (HKTDC) is set to launch its largest promotional campaign in the United Kingdom, showcasing Hong Kong's advantages for British companies looking to tap new business opportunities in Asia, particularly on the...
Northumbrian Water approached by Hong Kong company Cheung Kong Infrastructure Holdings
Northumbrian Water, which supplies about 4.4m customers in the north and east, has confirmed that it has been approached by company owned by Hong Kong's richest man regarding a possible bid for the UK group.
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
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
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
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'
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
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
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
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
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
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
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.