Britain

Royal Mail selloff attracts more than 700,000 share offers

The privatization deal for Royal Mail had received a government estimated number of more than 700,000 applications for the company's shares, said a Reuters report.

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Poundland considers IPO next year- sources

Sources told Reuters that British retailer Poundland was considering going public next year.

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Britain encouraging banks to create sharia compliant instruments

Seeing a possible windfall of money from oil and gas rich investors, Britain is urging banks to create instruments to address the USD2.6 trillion market by 2017.

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Royal Mail gets GBP1.4 billion ahead of IPO

Britain's Royal Mail had received GBP1.4 billion in credit facilities according to a Sky News Report on Tuesday.

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Spain to seek UN support over Gibraltar row with Britain

Spain may seriously consider taking their Gibraltar dispute with Britain to the United Nations for support on the issue.

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Prime Minister David Cameron supports hydraulic fracturing

In an editorial on the Daily Telegraph, Prime Minister David Cameron gave his backing for hydraulic fracturing.

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Britain: Get tough on online abuse, Twitter

Britain pressured Twitter to get tough on online abuse.

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European Union considers option to blacklist Hezbollah military wing

The European Union weighs options regarding the military wing of Hezbollah as Britain persuaded its peers to blacklist the Shi'ite Muslim group's military wing.

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Good Energy to sell stocks to finance U.K. solar construction worth GBP3.8 million

Good Energy Group Plc would sell 3.1 million stocks to finance UK solar park developments.

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Britain floats Royal Mail this financial year through an IPO

Britain would float its majority share in Royal Mail through an initial public offering this financial year.

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Britain Hopes to Breathe New Life Into ‘Tech City’

Future Fifty hopes to encourage start up companies in UK to expand globally and be at par with Google and Amazon.

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Credit Suisse Targets $94 Million Hit From UK Tax Deal

Credit Suisse estimated that they will receive US$94 Million hits from UK tax deal

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Fund Firm’s Boycott Threatens Lloyds Stock Sale

Fund firms threatened the privatization of Lloyds Banking Group until rulings are clarified by banks and regulators.

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Britain Ready to Start Lloyds Sale Soon

Britain is ready to sell off its 39% stake in Lloyds and is evaluating whether to break up RBS according to Finance Minister George Osborne.

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Britain Announces Early Public Sale of Lloyds

British finance minister George Osborne announces an early public sale of their shares in Lloyds Banking Group.

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