Britain

Brexit To Damage Various Sectors Of UK Economy

Brexit To Damage Various Sectors Of UK Economy

A commissioned report revealed that the hard Brexit would bring significant damage to the wealth-creating and manufacturing sectors of the UK economy. MPs supporting the continued membership in the single market are set to present the findings of the study in an Open Britain event.

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Britain’s Prime Minister Investment to R&D

Prime Minister May Invested to R&D

British Prime Minister Theresa May is to invest more on science and technology.

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‘The revolution is over’, Says UK Financial Watchdog

Just as the Britain arranges its exit from EU, United Kingdom’s newest financial watchdog guides into a new age of banks and insurance companies’ oversight.

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EU Referendum - Signage And Symbols

Brexit risks at $700-mln shock to energy bills, says Amber Rudd

Brexit is expected to impact Britain's economy in a more negative way. If UK gets out of European Union (EU), it would generate $700 million (GBP 500million) gas and power bills additionally per annum. Energy Secretary Amber Rudd has cautioned that Britain's energy security at risk in the wake of Brexit.

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Inside Aldi The German Discount Supermarket

Discount retailer Aldi to hire 700 apprentices, open 1000 stores in UK by 2022

German discount retailer Aldi will hire 700 apprentices this year, twice of its recruitment in in 2015. Aldi has set a target of 1,000 stores in the UK by 2022.

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British Airways Speeds Airbus A380 Rollout As First Jet Arrives

Boeing picks London as its European base

Boeing has chosen London as its home for new European headquarters. Boeing's decision came soon after a joint pronouncement of a host of businessmen in favor of Britain staying in Europe.

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UN-FINANCE MINISTERS-MEETINGUN-FINANCE MINISTERS-MEETING

UK's Finance Minister pushes G20 against Brexit

UK's Finance Minister George Osborne may take leverage of Group of 20 to support Britain to stay with the European Union (EU). G20 meeting is being held on 26-27 February in Shanghai. Brexit may be a major outcome at the G20 finance ministers meeting.

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Asian Markets Continue To Fall on Fears Of China Slowdown

Asian Shares Reversed Its Gain After Oil Prices Retreat, Other Markets Also Under Pressure

Asian shares fell back from a seven-week high on Tuesday as oil prices fell more than 2 percent. The sudden drop happened after the Asia-Pacific indices rose to its highest level since the beginning of the year, after seeing the rise in oil prices before reversing back.

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George Osborne

Britain Expand Its Military Spending In Defense Against Islamic State

Amidst a growing threat from Islamic State terrorism, Britain strengthen its defense by spending more budget on defense and security. According to CNN, Britain will beef up its security by purchasing nine new Boeing P8 maritime patrol aircraft for surveillance and anti-submarine warfare,with additional spending of £12 billion ($18 billion).

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Sterling notes and coins

Britain's weirdest, but highest paid jobs

There are unbelievably weird jobs popping up in Britain that pays a ridiculously high amount of money. According to Unum, looking for the right candidates for these particular jobs may take time since they require more specific skills compared to other typical work. One example is the tea taster, which requires the applicant to be good at identifying the different ingredients in a cup of tea.

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Theresa May

U.K. unveils new bill that will allow internet surveillance by the government

Britain has unveiled new surveillance law plans that will allow the police and security services to access the records of internet activity of everyone in the country without any judicial check. The new surveillance powers aimed to keep the country safe.

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TalkTalk

TalkTalk hacked details sold in black market for just over a pound each

Hacked TalkTalk customers' bank details are now up for sale for just over a £1 each in black market websites. Express reported that the details emerged online Sunday.

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European Union flag

Quartet of crises threatens Europe's core

Four great crises around Europe's fringes threaten to engulf the European Union, potentially setting the ambitious post-war unification project back by decades.

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Dollar and Yuan Notes

U.S. to press China on currency, eye on AIIB: official

U.S. officials will press their Chinese counterparts on currency policy at high-level talks next week, and have not taken off the table the possibility that the United States may one day join a China-led infrastructure bank, a senior U.S. Treasury official said.

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HSBC

HSBC to cut 50,000 jobs in quest for higher dividends

HSBC (HSBA.L) pledged a new era of higher dividends on Tuesday, laying out plans to slash nearly one in five jobs and shrink its investment bank by a third to combat sluggish growth across its sprawling empire.

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