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Tag Archives: Britain

44,000 animals, organisms die due to plastic pollution in ocean


PARIS: Researchers at Plymouth University in Britain compiled reports from across the globe and found that at least 44,000 animals and organisms have become entangled in, or swallowed marine debris in the past five decades and plastic waste accounted for nearly 92 percent of these cases. They found that 17 percent of all species impacted were listed as threatened or ... Read More »

Britain’s top share index hits 7 week high in cautious trading


ONDON: Britain’s top share index hit a seven week high in cautious trading ahead of the European Central Bank’s (ECB) policy meeting at which it is likely to announce a government bond buying scheme to try to boost the region’s economy. A euro zone source said on Wednesday the ECB’s Executive Board has proposed that the bank should buy 50 ... Read More »

Britain’s George Osborne urges ECB to fight off deflation risk


LONDON: Britain urged the European Central Bank to take all necessary steps to fight off the risk of deflation, a week before ECB policymakers meet to discuss whether to embark on an unprecedented government bond buying program. George Osborne, Chancellor said that distinguished between Britain where inflation has just hit a 14 year low of 0.5 per cent and the euro zone ... Read More »

UK to intensify efforts to stop cross border arms smuggling after Paris attack


LONDON: Britain will intensify efforts to stop cross-border arms smuggling after last week’s deadly attacks by Islamist militants in Paris and update its security protocols to deal with such incidents, Prime Minister David Cameron’s office said. Cameron held a meeting to review the Paris attacks to assess the risks of something similar happening in Britain at which the police and ... Read More »

British drug baron sent to jail for 16 years, ran multi-million pound smuggling ring of heroin, cocaine


LONDON:  A 58 years drugs baron who ran a multi-million pound smuggling ring by hiding heroin and cocaine in Asda coffee tins has been jailed for 16 years. Karl Wilson lived in a £400,000 villa in Jamaica after fleeing Britain when his Class A drugs ring was smashed in 2008. After being extradited back to Britain last year, he admitted ... Read More »

UK’s Lloyds Banking Group seeks exemption from separate board demand


LONDON: Britain’s largest mortgage provider Lloyds Banking Group Public Limited Company asked for an exemption from a rule that would require a separate board of directors for consumer banking operations. The lender asked the UK’s Prudential Regulation Authority to waive a requirement to set up a separate board for its consumer bank under a firewall separating safer operations from trading ... Read More »

Britain’s John Lewis sales slip 1.4% in Christmas week


LONDON: Britain’s No. 1 department store group John Lewis saw year on year sales slip 1.4 percent in the week to Dec. 27 as earlier promotions cooled demand in the run up to Christmas. The employee owned firm said revenue for the week stood at 126.24 million pounds and included strong start to its clearance sale with online orders on ... Read More »

Britain’s BG Group prepares to deliver first Australian LNG cargo worth $20.4b to China


SYDNEY: Britain’s BG Group is preparing to deliver a first commercial liquefied natural gas (LNG) cargo to China from its new $20.4 billion Queensland Curtis LNG project in Australia. The British energy firm is looking to its Queensland Curtis project to help to turn around its fortunes as it has been hit by LNG production troubles in Egypt and a ... Read More »

11,920 illegal entry attempts detected at Calais, British ports in 4 months


LONDON:  Britain is becoming one of most ‘attractive’ countries in the world for illegal immigrants, experts warn as Home Office reveals that almost 100 stowaways are being caught a day. The number of times migrants have been caught trying to enter Britain illegally has almost quadrupled over the past three years and reached nearly 3,000 a month, according to official ... Read More »

UK’s Vince Cable not to sell 30 percent stake in Royal Mail


LONDON: Business Secretary Vince Cable said Britain does not mean to sell its 30 percent stake in Royal Mail any time soon he would prefer to see the shares remain in state hands for the medium to long term. In the postal operator last year the government sold a 60 percent stake, attracting analysis at the time from competitor politicians and ... Read More »

One World Trade Centre starts business first time after 9/11 attacks


NEW YORK: America’s tallest building ‘One World Trade Centre’ the other day welcomed its first tenants, publishing group Conde Nast, in a symbolic moment 13 years after the 9/11 attacks that brought down the original Twin Towers. About 175 executives of the group that publishes magazines like The New Yorker and Vanity Fair, filed through the doors of the building ... Read More »

Commerce Ministry striving to enhance trade with Britain

Trade deficit

ISLAMABAD: The Ministry of Commerce is striving for increasing the volume of bilateral trade between Pakistan and Britain with active engagement of the Pakistani community in UK. The ministry is planning to take advantage of the existing scope of import from England and to promote the export of high value-added textile products to England, bringing the trade volume to 2-3 ... Read More »