Britain Financial News

Tata Motors on Thursday said its British arm Jaguar Land Rover has no plans at present to leverage India's new electric vehicle policy that offers import duty concessions to firms setting up manufacturing units in the country, as it is not suitable for the company. In March this year, the government announced the new electric vehicle policy to attract major global players like Tesla, allowing them to import a limited number of cars at lower customs/import duty of 15 per cent on vehicles costing USD 35,000 and above for a period of five years from the date of issuance of the approval letter by the government. «At this point in time that specific policy is not something that is suitable for us. So, we don't intend to leverage it at this point in time,» Tata Motors Group CFO PB Balaji said at the earnings conference.

Tata Motors Ltd surpassed Street estimates with a 74% rise in consolidated net profit in the June quarter led by a strong performance of its UK subsidiary, Jaguar Land Rover Automotive. Earnings also got a boost from a recovery in sales and profitability in the company’s commercial vehicle business in the domestic market.

Apple on Friday reported yet another quarterly revenue record in India for the third quarter ending June 29, 2024, continuing the high pace of growth in the world’s second largest smartphone market where consumers are continuing to buy premium products. Apple chief executive officer Tim Cook told analysts in its third quarter earnings call that Apple has set “quarterly revenue records in more than two dozen countries and regions, including Canada, Mexico, France, Germany, the UK, India, Indonesia, the Philippines, and Thailand.” The bullish performance by the iPhone maker is when smartphone shipments in India fell 2% year-on-year in the June quarter as per market tracker Counterpoint Research which attributed the decline to the heatwave, seasonal slump, and a sequential slowdown in demand from the March quarter before.

The Bank of England is cutting interest rates for the first time since the onset of the COVID-19 pandemic in early 2020

One Piece Chapter 1122 will be released on Sunday, August 4, 2024. Fans can read the latest chapters for free on Manga Plus.

final chapter of My Hero Academia, Chapter 430, is set to release on August 4, 2024. This chapter marks the end of the popular series, wrapping up the journey of Deku and his classmates.

Jujutsu Kaisen Chapter 265 is set for release. This chapter will explore intense interactions between Yuji and Sukuna. Here are the details on the release timing and the spoilers.

Italian female boxer Angela Carini has spoken for the first time after her opponent and Algerian boxer Imane Khelif's 46-second win in a 66-kilogram fight at the Paris Olympics 2024 on Thursday. Carini revealed that she didn't give up but a punch hurt her badly. Subsequently, she decided to leave with her «head held high». 25-year-old Italian boxer retired hurt and shrugged off attempts by Khelif to shake her hand, before collapsing to her knees and sobbing uncontrollably in the middle of the ring.

Beach volleyball player and convicted child rapist Steven van de Velde was heartily booed by the crowd during his first two matches at the Paris Olympic Games.

Netflix animated series "Terminator Zero" has been released. The series continues the story of Skynet, an AI that gains consciousness and wages war on humanity. It introduces new characters and a new plot.

UK Prime Minister Keir Starmer warned social media companies Thursday they must uphold laws around spreading incendiary misinformation, following unrest blamed on the sharing of unverified details about the Southport knife attack. Addressing the nation from his Downing Street office and residence, Starmer pointed the finger at the role of the firms in two nights of violence after Monday's stabbing spree in the seaside town near Liverpool. «Let me also say to large social media companies and those who run them: violent disorder, clearly whipped up online, that is also a crime,» the UK leader said.

Keir Starmer on Thursday welcomed the release of a number of prisoners from Russia including dual Russian-British dissident Vladimir Kara-Murza, who had been jailed on treason charges for 25 years. «I welcome the release of a number of prisoners held in Russia, including Vladimir Kara-Murza, Paul Whelan and Evan Gershkovich,» Starmer said on X. «We will continue to call on Russia to uphold freedom of political expression.» (Reporting by Sachin Ravikumar, Editing by Kylie MacLellan)

From cushioned soles to breathable materials and advanced technologies, these top picks cater to a variety of running styles and preferences, ensuring you find the ideal match for your feet and running needs.

The rate cut call which took place today (1 August) was on a knife edge among a divided Monetary Policy Committee, with 5-4 voting in favour of the snip. This is the first time the UK's central bank has trimmed its bank rate since the early days of the pandemic in March 2020, with some of the more hawkish MPC members having voted for a cut in previous meetings. «Despite concerns over persistent underlying inflation pressures, the decision to ease policy reflects the UK's fragile growth trajectory, driven by the significant squeeze on consumers and businesses,» said James Carter, portf...

The Bank of England announced an interest rate cut of 0.25%, down to the 5% mark. This concludes one of the longest periods of heightened interest rates.

Read this | Modi vibes well with Trump. But India may not be ready for a second Trump term With the death of Haniyeh, a crucial negotiator for a ceasefire, any de-escalation seems unlikely. Geopolitical analysts warn that the situation could escalate into a global conflict if allies on both sides become involved.

Within hours of a stabbing attack in northwest England that killed three young girls and wounded several more children, a false name of a supposed suspect was circulating on social media

Wednesday season 2 release date on Netflix is much waited among the show and as well as Jenna Ortega's fans.

Tether has reported a net profit of $5.2 billion for the first half of 2024, driven by strong revenue from traditional asset investments.

Ryan Reynolds recently delighted fans by releasing an amusing blooper from the highly anticipated Deadpool & Wolverine film. The third installment in the Deadpool series, and the character's debut in the Marvel Cinematic Universe (MCU), seamlessly blends the comic's trademark humor with heart-wrenching and world-altering events.