Britain Financial News

British Columbia is proposing legal changes that would allow the government to regulate the supply of electricity to cryptocurrency miners.

Union officials say steelworkers at Britain’s largest steel production plant have voted to go on strike for the first time in 40 years

tourists back to the Maldives, a major tourism body here has announced that it will hold road shows across key Indian cities. A full-blown backlash was directed at the Maldives following derogatory remarks against India and Prime Minister Narendra Modi on social media by three Maldivian officials after Modi posted photos and video of the pristine Lakshadweep Islands on India's west coast on January 6 on his X handle. Scores of Indians, including multiple celebrities, cancelled their reservations and dropped plans to visit Maldives. The tourism arrival statistics reflected how from being a top visitor country, India's position went down to first fifth and now at the sixth position after January.

Tata Steel workers based at two plants in Wales voted in favour of industrial action on Thursday over the company's plan to close its blast furnaces and shed 2,800 jobs. The Mumbai-headquartered steel major said it was «disappointed» over the move while consultation continues and pointed to «significant irregularities» in the ballot process in favour of strikes. While the company says its restructuring plans were important to sustain the business as it transforms to new electric technology, Unite the Union said its workers from the Port Talbot and Newport Llanwern plants had voted against the «disastrous» plans because they did not agree with the approach. «We are naturally disappointed that while consultation continues, Unite Union members at Port Talbot and Llanwern have indicated that they would be prepared to take industrial action up to and including strike action if an agreement cannot be reached on a way forward for the business and its employees,» a Tata Steel spokesperson said.

Kishida cracked jokes and invoked a touchstone of American culture as he quoted from «Star Trek» at Wednesday's state dinner, telling guests at the White House that he hoped the «unshakable relationship» between his country and the U.S. would «boldly go where no one had gone before.» «I would like to propose a toast to our voyage to the frontier of the Japan-U.S. relationship with this word: boldly go,» Kishida said, quoting the iconic opening monologue of the original «Star Trek» series.

tax system, hangs over many non-resident Indians (NRIs), recent migrants, and families who are planning to make the UK their new home. The new tax order, expected to take effect in April 2025, would increase their tax burden, require meticulous planning, and may even make the UK a less attractive country to migrate. Think you check all the immigration boxes? Find out Over the past one month, tax experts and lawyers have been visiting London, exchanging notes with their City counterparts, to find ways to soften the blow.

Alberta-based Jennifer* is 47, divorced, has two adult children and recently lost her job. A successful professional, she was well on her way to an early retirement at age 52 or 53, but now she’s wondering if that will still be possible, and how much she’ll have to scale back her original plans.

The April 1st implementation of another hike in the federal government’s carbon tax and the growing prospect that a Poilievre government will abolish the tax, have prompted its advocates to mount a last-gasp defence. Three hundred supporters (not all of them economists) have signed a petition in favour of it. Its backers also fanned out to argue for it in op-eds and numerous appearances on CBC, which willingly provided a soap box for one side of this partisan issue. But, far from being persuasive, advocates mostly demonstrated how little they have learned from their long-standing failure to sell the tax to many politicians and most Canadians.

Investment Week understands Stephanie Geary will join as an investment manager, while Siddharth Sukumar will take on an investment analyst role in July. Both are joining Savvides on the £1.7bn fund from JO Hambro Capital Management.  Jupiter Income trust rebrands following Ben Whitmore's departure Geary has served over 15 years at JO Hambro and is an analyst in the UK dynamic team. She has held several analyst roles in risk and investment over the course of her tenure. Prior to joining JO Hambro, she was a performance analyst at Jupiter for nearly three years. Sukumar has been an i...

GBP 29,000, up from GBP 18,600. By early next year, this will have increased two more times to match the Skilled Worker visa salary threshold of GBP 38,700. The UK Home Office said it marks the final measure in Prime Minister Rishi Sunak and Home Secretary James Cleverly's package to reduce legal migration and «ensure those arriving here do not burden the taxpayer». «We have reached a tipping point with mass migration. There is no simple solution or easy decision which cuts numbers to levels acceptable to the British people,» said Cleverly.

Q4 results preview: IT sector likely to report muted revenue growth with stable margins; all eyes on FY25 guidance Apart from the key numbers, trends on deal winds, attrition and management commentary on near-term demand will be under focus. Brokerage firm Motilal Oswal Financial Services expects TCS' deal pipeline to remain resilient in the UK regions, but the US and Europe may continue to stay weak. As per Motilal's estimates, TCS may report a 2.2 per cent QoQ growth in constant currency (CC) terms while EBIT margin may be stable, as operational improvements should be compensated by low margins in the India business.

Independent. As per the poll, the least favourite royal is Prince Andrew who received 86 per cent of negative votes from the people of UK. In January this year, Prince Andrew was accused of being involved in an "underage orgy" on Jeffrey Epstein's island.

UK has appointed Lindy Cameron as its new high commissioner to India. Cameron will succeed incumbent Alex Ellis. «Lindy Cameron CB OBE has been appointed British High Commissioner to the Republic of India in succession to Alex Ellis CMG who will be transferring to another diplomatic service appointment,» a British readout said on Thursday. The readout released by the United Kingdom High Commission in New Delhi said Cameron will take up her appointment this month.

social media and smartphones often cops the blame for an increase in youth mental health issues but the reality is not so simple. We are in the middle of a mental health crisis.

‘India's map will change': Sitharaman's husband warns against Modi's re-election "All that a political party needs to do to remain out of the tax net is to file an assessment...You have not followed the rule of law or the law of the land, and you expect to be treated differently," she said. Sitharaman also responded to questions about AAP supremo Arvind Kejriwal's arrest. "Didn’t the Prime Minister, then the Chief Minister, appear before the CBI just before the Gujarat elections? He went and answered all the questions.

Live: Eid-al-Fitr 2024 moon sighting Highlights: India to celebrate Eid on April 11 except THESE places Whereas Kerala, Ladakh, and Jammu & Kashmir, witnessed the crescent on April 9, due to this these states celebrated Eid on April 10 together with the Muslims in Saudi Arabia, UAE, Oman, Qatar, Kuwait, Bahrain, Egypt, Turkey, Iran, USA, United Kingdom and other countries in the Middle East and West. Also Read | Eid-al-Fitr 2024: Wish your friends and family 'Eid Mubarak' with these quotes, WhatsApp messages Banks closed for 14 days across states; check the state-wise list of bank holidays in April.

Tesla chief Elon Musk to meet PM Modi during India visit from April 22, announce investment plans As per the Hindu Businessline report, Tesla has been scouting for a local partner to establish an EV unit in India. Citing sources, the English daily said, Tesla is in talks with Mukesh Ambani's Reliance Industries (RIL) to form a joint venture to set up a EV facility in the country. Besides, Financial Times earlier this month reported that Elon Musk had sent a team to India in April to scout for sites for a proposed $2 billion to $3 billion electric car plant.

Carlyle is in formal discussions with TPG Growth to sell at least 25-30% stake in VLCC Healthcare Ltd, within a year of acquiring the wellness, beauty products and services company, said people aware of the matter. VLCC’s nearly 78% surge in valuation in just 12 months is the key trigger for Carlyle to take some money off the table, the people said. Last January, Carlyle paid Rs 2,700 crore to buy a controlling 66% stake in the three-decade-old homegrown brand that gave the buyout fund an entry into a rapidly growing market for wellness products but one that is facing disruption from younger, nimbler, direct-to-consumer (D2C) brands.

Apple TV+ series, inspired by Sandra Barneda's novel, to debut June 26 with a global release of the first two episodes.

Do you own or have you ever owned an iPhone 6 or 7? You might be eligible for a payout from Apple under a Canada-wide class-action settlement worth up to $14.4 million.

Human Rights' (ECtHR) ruling on Tuesday in the case brought by Verein KlimaSeniorinnen Schweiz, a Swiss association of women senior citizens, breaks new ground by linking climate change to infringement of human rights, to the obligation of states to protect fundamental rights. The verdict makes it the state's duty to act to limit climate change.