Britain Financial News

06.08 / 13:33
UPS Citi Man Citizens country reports Videos No end to UK protests as government expands jail capacity
prison capacity to help tackle violent, week-long anti-immigrant riots that have prompted a growing number of countries to warn their citizens about the dangers of travelling in Britain. Riots across a number of towns and cities have erupted following the murder of three girls at a Taylor Swift-themed event in Southport, a seaside town in northern England, after false messaging on social media wrongly identified the suspected killer as an Islamist migrant. The Justice department, which is being forced to release some prisoners early as it battles a jail overcrowding crisis, said nearly 600 prison places had been secured to accommodate those engaged in violence.
06.08 / 08:24
markets Analysis pandemic performer reports Six Quilter Investors funds fail to deliver value as Covid woes continue to weigh on performance
In its latest Assessment of Value report, the firm flagged 19 share classes belonging to the respective funds, with the leading cause being underperformance. In most cases, performance was assessed on a five-year basis, with Quilter's own analysis highlighting that the market woes at the beginning of the Covid pandemic were still dragging on performance in some cases. The Quilter Investors Global Unconstrained Equity; Europe (ex UK) Equity Income; Global Equity Value; Precious Metals Equity; UK Equity 2 and UK Equity Growth were all red flagged by the firm. Quilter Investors hires ...
06.08 / 05:13
FIVE Fighting Dreams Videos International hockey India hockey team at Olympics: The size of the fight in Harmanpreet's men is making us dream of a medal
Olympics 2024 and they have inched a step closer to an Olympic medal, with an eye on the gold. Having beaten Great Britain in a thrilling quarterfinal clash, Harmanpreet and Co have dodged a bullet and will face 2023 World Champions, Germany on Tuesday. But the field is not clear for the Indian men as they do not have defender Amit Rohidas on their side for the penultimate clash as he has a one match ban in place by the International Hockey Federation.
06.08 / 01:20
Provident Airlines WhatsApp wellness country cover reports ₹10,000 crore GST cloud looms on carriers' radar
Tax Intelligence (DGGI) has sent showcause notices to 10 foreign airlines operating in the country, for alleged non-payment of tax amounting to ₹10,000 crore, officials said. They include British Airways, Lufthansa, Oman Air, Emirates and Singapore Airlines, they said. The notices, sent over the past three days, deal with unpaid tax dues on the import of services by Indian branches from head offices, officials said. Airlines are not covered by a June 26 circular on valuation of supply of import of services by a related person, where the recipient is eligible for full input tax credit, an official said. DGGI sought segregated list This is the circular cited by Infosys following a recent integrated GST demand amounting to Rs 32,000 crore.
06.08 / 00:44
UPS Action Racing wellness athletics wrestling Paris Olympics 2024 schedule for today, Tuesday, August 6: When and where to watch live action in athletics and other events
Paris Olympics medals tally. Moreover, all eyes will be on the 'power of women', starting off with the women's 200m final on the day, that is sadly going to see Jamaica's ace sprinter Shericka Jackson pulling out of the race. However Team USA and Team Great Britain will still be top contenders for a medal finish here in Paris' Stade de France.
06.08 / 00:04
Provident Booking Aware BBC social reports shock How did a 'Game of Thrones' trademark dispute derail a UK mom's family vacation plans?
Warner Brothers, the company that produces «Game of Thrones,» had a trademark on the name «Khaleesi.» The mother, Lucy, expressed her shock to the BBC, explaining how this news ruined their plans for a dreamy vacation to Disneyland Paris. As per the reports of the New York Post, Lucy was shocked to hear that the application was denied by the Passport Office due to a trademark dispute. Considering that her daughter's birth certificate was granted without the incident, she was confused as to why this had not been reported earlier. She had never heard of a name being trademarked. She was disappointed and frustrated by this scenario.
05.08 / 17:25
wellness Actor country Honoured and flattered that Sheikh Hasina feels safe in Bharat: Kangana Ranaut
Kangana Ranaut on Monday said it is a matter of great honour that Bangladesh leader Sheikh Hasina «feels safe in Bharat» after Hasina resigned as prime minister and landed near Delhi in a military aircraft amid unrest in her country. Ranaut, a national award-winning actor and BJP MP from Mandi in Himachal Pradesh, also criticised those questioning "Hindu Rastra (a Hindu nation)". She claimed that Muslim countries are not safe «even for Muslims». «Bharat is the original motherland of all Islamic Republics around us. We are honoured and flattered that honourable Prime Minister of Bangladesh feels safe in Bharat but all those who live in India and keep asking why Hindu Rashtra? Why Ram Rajya? Well it is evident why!!! »No one is safe in Muslim countries not even Muslims themselves. Unfortunate whatever is happening in Afghanistan, Pakistan, Bangladesh and Britain. We are lucky to be living in Ram Rajya," the 38-year-old MP, who has often courted controversies with her remarks, said in a post on X.
05.08 / 14:15
markets UPS Aware WhatsApp show cricket Dinesh Karthik appointed SA20 league ambassador
Dinesh Karthik was on Monday appointed the league ambassador of the SA20 League. Karthik, who is the first Indian player to be associated with the South African tournament, retired from all forms of cricket earlier this year. «The league has been electric in the first two seasons with some of the world's best players on show and exciting young talent putting up their hands on the global stage,» Karthik was quoted as saying in a media release. «Karthik will be working very closely with fellow SA20 ambassador AB de Villiers and the management team to help strengthen the league's global fan base and reinforce brand awareness across key strategic markets in India and the United Kingdom,» the release added.
05.08 / 13:46
Bank Crypto Adoption Xapo Bank Becomes First to Offer Interest-Bearing USD and Bitcoin Account to UK Users
Xapo Bank has become the first licensed bank in the United Kingdom to offer a combined interest-bearing USD and Bitcoin (BTC) account.
05.08 / 12:46
President show track reports Department International Bangladesh Air Force flight becomes most tracked flight as PM Sheikh Hasina flees Dhaka
Bangladesh Air Force's flight 'AJAX1431', possibly carrying former Prime Minister Sheikh Hasina, has become the most-tracked flight on Flightradar24. Departing from Dhaka, the flight attracted significant attention, with over 22,000 users closely monitoring its journey. Real-time data from the flight tracking portal showed 'AJAX1431' gaining immense interest. Media reports speculated that Hasina might flee to India or the UK. At the time of publishing, the flight was moving across Bihar.
05.08 / 11:40
markets COST Digital Manufacturing Align trends innovations Is Castrol India’s data centre investment the right move for future growth?
Diversification has become a strategic imperative for organisations seeking sustained growth and resilience. By expanding into new markets, products, or services, businesses can mitigate risks associated with economic downturns, industry shifts, and unforeseen challenges. The data centre industry stands as a prime example of this trend.
05.08 / 10:32
UPS Platform Strategy country social rights How to respond to the riots on Britain’s streets
anti-immigration protests have flared across England. Mosques and police officers have been attacked. In Rotherham criminals tried to set fire to a hotel they thought was housing asylum-seekers.
05.08 / 09:46
Progressive Extreme economy Election show country inequality Kaushik Basu: Future generations would be aghast at today’s inequality
While there are many ways to measure economic inequality, key metrics consistently show that disparities are getting worse. According to a recent United Nations report, 71% of the world’s population now live in countries where inequality has increased. Unsurprisingly, this includes India and China.
05.08 / 08:35
Trade Department International UK to host international investment summit in October
The summit will see around 300 industry leaders attend to «catalyse investment in the UK», the government said in a statement. Chancellor Rachel Reeves and business and trade secretary Jonathan Reynolds are expected to reiterate the Treasury's message that the UK is «open for business». Chancellor Reeves to make 'difficult choices' in a bid to fill £22bn fiscal hole According to the Treasury and the Department for Business and Trade, the summit will advocate for «advancing opportunities for investment and growth across the country» as «economic growth is the government's top priori...
05.08 / 08:13
Provident Extreme CEO UBP acquires Kleinwort Hambros as part of Societe Generale deal
Both transactions are forecast to be completed by the end of the first quarter of 2025 and will see UBP's assets under management swell by more than CHF 25bn. UBP said the Societe Generale's Swiss private banking branch and UK wealth management arm «have long been recognised throughout the industry», and added it hopes the acquisitions will complement the existing expertise within the firm.  UBP poaches Brown Shipley investment adviser Guy de Picciotto, CEO of UBP, said «We are extremely pleased to onboard skilled and experienced teams, and are looking forward to providing clients ...
05.08 / 03:46
UPS Cooper Action Freedom social reports rights 100 arrested as far-right anti-immigrant violent clashes spread across UK
Police forces across the UK have made at least 100 arrests as violent clashes and unrest involving anti-immigration far-right groups continued to spread over the weekend, with Prime Minister Keir Starmer offering his full support to officers to take firm action against the «extremists». Bricks being hurled, fireworks thrown, windows of a hotel housing asylum seekers smashed, shops attacked and set on fire and several scuffles breaking out between mobs and the police were among the scenes of confrontation that played out in Liverpool, Hull, Bristol, Leeds, Blackpool, Stoke-on-Trent, Belfast, Nottingham and Manchester on Saturday. UK Home Secretary Yvette Cooper warned the mobs they will «pay the price» for such «criminal disorder and violent thuggery». «Addressing the scenes of disorder we have seen, the Prime Minister set out that the police have our full support to take action against extremists on our streets who are attacking police officers, disrupting local businesses and attempting to sow hate by intimidating communities,» Downing Street said after a high-level meeting of ministers convened by Starmer on Saturday.
05.08 / 03:33
markets Target Action economy information reports The US Fed’s actions can inform RBI policy but mustn't drive it
There is more than one way to skin a cat," goes an old English proverb, which means that there are many ways to accomplish the same task. In central bank-speak, the equivalent would perhaps be: “There is more than one way to effect a soft-landing," that holy grail of central banks the world over. For, going by their actions, especially in recent times, there is no single path to getting there.
04.08 / 20:55
tennis Swimming Cycling Sporting hockey Paris Olympics 2024 Schedule today, August 5: Here’s how to watch the events live on TV and streaming
Paris Olympics 2024 entered their ninth day, the excitement continued to build with a series of thrilling events lined up for the day. Highlights include Novak Djokovic's maiden Olympic tennis title, Team India's historic win in men's hockey, and record-breaking performances in swimming. Here's a detailed look at what happened on Day 9.
04.08 / 20:26
Fighting Olympics testing rights International Sporting athletics ‘Women can have high testosterone. That doesn’t make them men, or transgender’
Since last week, Algerian boxer Imane Khelif has been at the centre of a ‘gender row’. Khelif has had to face accusations that include her of ‘not being a woman’. Amit Chaudhary spoke with UK-based athlete rights advocate & executive director, Humans of Sport, Payoshni Mitra, who has been at the forefront of the fight against sex testing policies in sports to declutter the mess surrounding the issue. Excerpts: Your immediate thoughts when you heard about Khelif? My first reaction was, ‘Not again’. See, it's not about gender. There was no proper test. Everything is speculation. Sometimes misinformation is being shared by people in powerful positions. We really need to question all of that and see where this information is coming from, what’s fuelling this controversy? Is there any real basis to it? And with this one as well, there wasn't any complete medical assessment there.
04.08 / 20:09
UPS Man wellness Olympics Sporting hockey 10 men, 43 mins, Olympic semis: India defend their way to 4-2 win over Britain in QFs
Olympic hockey quarter final match against Great Britain with 10 men. And, with nine for a few minutes in the crucial fourth quarter with scores tied at 1-1. That’s what India was reduced to while playing when Amit Rohidas, India’s best first rusher, was shown a red card for lifting his stick in the 17th minute. India, though, did not lose hope and took the lead through captain Harmanpreet Singh in the 22nd minute from a penalty corner before Britain drew level through Lee Morton from a field effort in the 27th minute.

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