All posts tagged UK

A branch of the Northern Rock in Leeds

Northern Rock split estimated to cost taxpayers £2bn

  The UK government’s rescue of Northern Rock could end up costing taxpayers GBP2bn, a report from the National Audit Office (NAO) claimed today. A decision by the Treasury in early 2009 to support mortgage lending by splitting Northern Rock …

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Exports to China

UK government agrees £50m deal with China for British pork

A GBP50m deal to sell British pork to China was announced today by the UK government. Much of the exported pork will be parts of the animal that are

UK Housing Shortage

Housing groups call for government action to address possible UK housing crisis

The UK government needs to do more to tackling the country’s growing risk of a housing crisis, three housing groups warned today. A new report produced jointly by the

Apprenticeships

Six-month apprenticeship schemes need to be longer — MPs

Apprenticeship schemes should be at least a year long in order to benefit the individuals taking part and the businesses they work in, MPs said today. In a new

David Cameron and Obama in front of 10

Cameron urges Europe to contain damage from Greek crisis

British prime minister David Cameron has pledged do all that he could to secure the UK's financial system and is urging Europe to deal with its currency crisis. Yesterday,

Sidney

Australian insurance group IAG seeks buyers for UK arm

Australian general insurance firm Insurance Australia Group Limited (ASX:IAG) said on Thursday it was conducting a strategic review of its business in the UK, including a potential sale

UK Energy

UK energy firm SSE acquires Northern Ireland’s Phoenix Supply for £19m in cash

UK energy group SSE Plc (LON:SSE) has agreed to acquire for GBP19.1m (USD30.4m/EUR24m) in cash all of the stock of Northern Ireland-focused natural gas supplier Phoenix Supply Ltd

Bank of England

Bank of England lowers UK growth forecast

The Bank of England announced today that it has lowered its forecast on the UK's economic growth for 2012 to 0.8% from 1.2% and said that inflation is

Women Unemployment

UK unemployment down 45,000 in January-March

UK unemployment fell by 45,000 between January and March 2012, according to figures released today by the Office for National Statistics (ONS). The unemployment rate for the three months

iPhone

Mobile shopping in the UK increases by 10%

Mobile shopping activity in the UK has increased by 10% year-on-year, according to consumer survey conducted by Stibo Systems. The report detailing the study findings contains the latest

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