Britain Financial News
23.12 / 07:51
President
reports
Lifting hijab ban in Karnataka raises concern about 'secular nature' of educational spaces, says BJP
BJP on Saturday strongly reacted to Karnataka government's decision to withdraw the ban on wearing hijab in educational institutions in the state, saying the ruling Congress is carrying forward the British policy of 'divide and rule'. The saffron party also stated that the move raises concerns about the "secular nature" of educational spaces. The reaction comes a day after Chief Minister Siddaramaiah had said that he ordered lifting of the restrictions on wearing hijab, while observing that choice of dress and food is personal.
23.12 / 07:09
country
cover
travelers
Justin Trudeau, Sophie taking family vacation in Jamaica over holidays
Prime Minister Justin Trudeau is heading to Jamaica next week for a family vacation over the holiday break.
22.12 / 21:07
Citi
Discover
Southern
love
performer
country
social
Alex Batty, British boy missing for 6 years, reveals why he fled his mother
Alex Batty, the missing British boy who was found last week walking alone near the French city of Toulouse, has officially told his story — and made corrections to his own earlier statements.
22.12 / 19:35
regulation
Financial Services
Wealth managers
ESG
European Commission
Asset Managers
Fund managers
EFAMA calls for major reforms to SFDR labelling regime
The industry group praised the transparency introduced by SFDR, but said the de facto labelling regime had 'stretched it beyond its original intentions and not always been helpful'.
22.12 / 19:08
Target
Cooper
country
Latin
innovations
reports
Indo-German collaboration sets eyes on Africa
Mint’s queries till press time. Furthermore, the two countries are now exploring opportunities in Asia, expanding their focus beyond Latin America and Africa.
22.12 / 19:00
Target
Mobile
Remark
BBC
NVIDIA
hospital
reports
What led to the life sentence of the British teen hacker behind GTA 6 leaks?
Arion Kurtaj, an 18-year-old British hacker from Oxford, has been handed an indefinite hospital order for his involvement in stealing 90 clips from the highly anticipated Grand Theft Auto 6 game. The BBC reports that Kurtaj, diagnosed with autism, played a pivotal role in the notorious cybercrime group Lapsus$, known for targeting tech giants such as Uber and Nvidia, resulting in significant financial losses.
22.12 / 16:00
Target
Extreme
Immunic
track
reports
shock
Govt clarifies position on debt, says general govt debt will decline substantially in the medium to long term
debt could be 100% of GDP by FY28, stating that centre and states were on path of consolidation and the general govt debt is expected to decline substantially in the medium- to long-term. The government noted that the IMF staff report had presented the figures as a worst-case scenario and was not a ‘fait accompli’. “It is also noteworthy that the same report indicates that under favourable circumstances, the General Government Debt to GDP ratio may decline to below 70 per cent in the same period.
22.12 / 15:46
awards
pandemic
British designer creates jewellery masterpieces with lab-grown gems & recycled metal
LONDON, — For some a natural diamond, created over billions of years, is the ultimate luxury, but an award-winning British designer sees greater worth in jewellery crafted using laboratory-grown gems and metal from recycled cans. Anabela Chan said she chose her materials after witnessing what she said were poor working conditions in diamond mines. «These are some of the most precious and valuable commodities in the world, that just didn't make any sense to me,» she said, in her Knightsbridge boutique in central London. Instead, her designs rely on lab-grown diamonds, recycled aluminium from cans and pearls grown using regenerative farming techniques. Chan's company does not give sales figures but said it had seen strong demand since the COVID-19 pandemic. She won the «Game Changer» category at the British Luxury Awards in November. According to Edahn Golan Diamond Research & Data, the lab-grown jewellery market has seen annual growth of 20% in recent years, driving global profits to $15 billion. As more producers enter the market, selling prices for lab-grown diamonds have fallen, and brands are looking to differentiate themselves, particularly through the jewellery design. At major retailer of lab-grown diamonds Pandora, head of diamonds Joshua Braman said lab-grown gems could create extra scope for jewellery design. Another point of difference can be sustainability. Chan relies on suppliers who use technology to capture carbon dioxide emissions that would otherwise be released into the atmosphere in order to make diamonds, «so effectively taking something negative and turning it into something positive,» Chan said.
22.12 / 15:46
Entertainment
vaccine
country
social
fun
prevention
Christmas: Britishers advised to adopt 'no hugging or kissing' rule. Everything about it.
Christmas is a festival full of fun and frolic, vacations, entertainment, and all kinds of merry-making and meeting people. People across the world wait for this festival, but the Britishers have been advised to «avoid hugging» people this Christmas. They have also been asked to «wear masks» during this period while a 100-day cough makes its way around the country. After new figures revealed that whooping cough has seen an increase of 250% from last year, Virologist Professor Richard Tedder has advised the people. 'No hugging or kissing' rule
22.12 / 15:44
22.12 / 13:50
Target
CEO
economy
Matthews
country
reports
Nike, Fed's main inflation gauge, UK recession - what's moving markets
Investing.com — The main indices point toward a weaker open on Wall Street, amid a degree of caution ahead of the release of key U.S. inflation numbers. A weak outlook from sporting retail giant Nike also weighed, although a continuation of the year-end rally with weekly gains still looked likely. The news in the U.K. was less impressive, as its economy retreated in the third quarter, opening up the possibility of a recession to end the year.
22.12 / 12:57
economics
UK
GDP
Office for National Statistics
Construction
UK economy teeters on recession following revised ONS figures
Within the economy, the services sector's output has been revised down from a 0.1% fall to a 0.2% fall over Q3, while the production and construction sectors have been revised upwards, to 0.1% and 0.4% growth, respectively.
22.12 / 12:57
inflation
Bank of England
UK
Interest rates
Monetary Policy Committee
Chancellor of the Exchequer
2024
Jeremy Hunt raises prospect of rate cuts in 2024 - reports
Chancellor of the Exchequer Jeremy Hunt has spurred optimism that the Bank of England could begin interest rate cuts next year, if the government delivers its economic policies.: Simon Dawson / No 10 Downing Street
22.12 / 10:02
Target
Cooper
Healthcare
country
Latin
innovations
reports
Support
India, Germany to support development projects in Ethiopia, Madagascar
SDGs) and SDG-related climate targets, including through multilateral institutions where India and Germany are members, such as the International Solar Alliance (ISA)," the two sides said in a joint declaration of intent released in May 2022. The two sides are also considering expanding their collaboration into Madagascar and Ethiopia, Dhanda told Mint.
22.12 / 09:43
FIVE
economy
Browser
film
show
performer
recommendations
UK at risk of recession after economy shrinks in third quarter
We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.
22.12 / 09:36
Provident
Progressive
CEO
Strategy
Topsoe to help Essar Oil UK capture industrial carbon
Essar Oil UK has signed on Denmark-based Topsoe as a technology licensor for its carbon capture facility, based in Stanlow, North West England. Topsoe, a global provider of carbon emission reduction solutions, will provide its sustainable flue-gas treatment technology SNOX, the company said in a statement. The SNOX technology helps refineries and power plants remove sulfur dioxide, nitrogen oxides, and particulates from flue gases. This will help Essar Oil UK’s $1.2 billion investment in decarbonizing the refinery by reducing 2 million tons of CO2 (95%) emissions, making it the world’s first low-carbon refinery and a producer of low-carbon fuels. “The industrial carbon capture facility, combined with our upcoming hydrogen fuel switching project, will reduce the refinery’s CO2 emissions by 95%. Topsoe is a valuable partner in this endeavor.
22.12 / 08:52
film
Oscar
band
Inside
song
dance
shortlist
2024
Oscar nominations 2024: Barbie, Oppenheimer, Killers of the Flower Moon and more; check the shortlist
Barbie, Christopher Nolan's Oppenheimer, and Martin Scorsese's Killers of the Flower Moon emerged as prominent contenders across various categories. They feature in the lists for score and sound. Jonathan Glazer's The Zone of Interest and Yorgos Lanthimos' Poor Things also made significant strides in makeup, visual effects, and score.
22.12 / 08:45
Citi
Digital
Celebrity
show
Best Places to Embrace Christmas Vibes in Hong Kong
Hong Kong WinterFest: From the 20-meter-tall Christmas tree, standing at the centre of Christmas Town to the exciting new 10-minute “Winter Harbourfront Pyrotechnics" displays on the Victoria Harbour seaside, visitors from around the world will be delighted by these seasonal displays. Tsim Sha Tsui Christmas lights: Kowloon’s bustling shopping and nightlife districts Tsim Sha Tsui and East Tsim Sha Tsui are well-known for their dazzling Christmas light displays.
22.12 / 05:00
Action
stars
reports
Dunki vs Pathaan vs Jawan Box Office collection Day 1: Which Shah Rukh Khan movie is winning?
massive fanfare and mixed reviews. While some fans were seen in tears after watching the movie because of its emotional impact, many did not find the Rajkumar Hirani movie impactful enough. Dunki is expected to earn ₹30 crore in the domestic market, as per the latest estimates by Sacnilk.
22.12 / 01:01
22.12 / 00:05
Provident
BitPanda
country
electronic
reports
Big Rise in New Spanish Crypto Firms Recorded in 2023, Says Central Bank
Spain’s Central Bank says the number of licensed crypto-related firms in the country grew by 50% in 2023.
what's happening in Britain
What is the current situation in Britain?
In Britain, the spotlight is on socially significant developments that spark public discussion.
Where can I find reliable news about Britain?
We publish in-depth coverage about the situation in Britain, based on information from regional journalists.
What shapes the media agenda in Britain?
The news landscape of Britain is shaped by key decisions by local authorities, reflecting its specific characteristics.