UK Archives — Page 2 of 6 — City Business News

July 11, 2023 No Responses

Sustainable Shipping: UK Pledges $43m

The UK Government has committed £34 million ($43 million) of funding, which is part of the Clean Maritime Demonstration Competition (CMDC), for new technologies that will help decarbonise shipping. World Maritime News report that the competition looks to foster and promote the...

June 7, 2023 No Responses

Shell Adverts Banned Over Misleading Claims

The United Kingdom advertising watchdog, Advertising Standards Authority (ASA) has banned a video advert and billboard campaign from Shell over misleading claims about how clean its overall energy production is. The ban applies to one TV advert,...

May 27, 2023 No Responses

World’s Largest Ship Arrives Port Of Rotterdam, Sail For UK May 28

The colossal vessel, MSC Loreto, with an unprecedented capacity of 24,346 TEU is calling at Europe’s top ports this week. World Maritime News report that this remarkable ship has captivated onlookers and left them in awe as it arrived on...

May 7, 2023 No Responses

Tinubu Congratulates King Charles

By Moses Ebosee, ebosele@hotmail.com — Nigeria’s President-Elect, Bola Ahmed Tinubu has sent a congratulatory message to the newly coronated King of the United Kingdom, King Charles lll. In a letter titled: ‘Congratulations On Your Coronation’, Ti...

April 15, 2023 No Responses

Ford Unveils Hands-Free Driving Technology

Ford drivers will legally be able to take their hands off the wheel on the move after its BlueCruise technology has been approved in the UK. BBC report that Ministers have approved the “hands-off, eyes-on” technology for use on certain...

March 18, 2023 No Responses

FIRS, UK Sign Capacity Building MoU

Nigeria’s Federal Inland Revenue Service (FIRS) has signed a Memorandum of Understanding (MoU) with the United Kingdom’s His Royal Majesty’s Revenue and Customs (HMRC) aimed at fostering improved collaboration on capacity building between the two tax aut...

January 7, 2023 No Responses

Shell To Pay First UK tax In Five Years

Shell has said it will pay tax in the UK for the first time since 2017 after making huge global profits last year. The energy firm said it expected to “take a hit” of around $2bn (£1.7bn) on profits in...

December 8, 2022 No Responses

UK To Double US Gas Imports

The United Kingdom has agreed to double imports of US gas over the next year as it tries to stabilise soaring energy prices. Prime Minister Rishi Sunak said the plan would “bring down prices for British consumers and help end Europe’s...

November 13, 2022 No Responses

FBNBank UK Stands Tall At 40, Appreciates Customers, Regulators

FBNBank UK, a member of First Bank of Nigeria Limited and Subsidiaries had London, the United Kingdom painted blue as it celebrated its 40th anniversary, themed Partnership Beyond Borders, on Friday, 11 November 2022. The event which had cust...

June 28, 2022 No Responses

Ekweremadu, Wife Sue NIMC, NIS, UBA, Stanbic-IBTC Bank

Former Deputy Senate President, Ike Ekweremadu, and his wife, Beatrice, have sued the National Identity Management Commission (NIMC) and others over the controversy surrounding David Ukpo’s real age. Others mentioned in the suit are the Comptroller Ge...

December 3, 2021 No Responses

Countries Reach Deal To Cut Trade Costs

Members of the World Trade Organization (WTO) have agreed on a landmark deal that could cut trade costs by £113bn a year. Some 67 members agreed to cut red tape around licensing and qualifications. The signatories, which include the UK,...

November 21, 2021 No Responses

Germany, UK, Top List Of 2,444 Registered Private Jet Owners In Europe

Analysis from Colibri Aircraft, the private jet broker, reveals there are around 2,444 pre-owned private jets registered in Western Europe. There were 2,414 in 2020 and 2,344 in 2019. Germany has the largest fleet of registered private jets wi...

October 31, 2021 No Responses

World Leaders Approve Corporate Tax Deal

Leaders of the world’s 20 major economies have approved a global agreement that will see the profits of large businesses taxed at least 15%. It follows concern that multinational companies are re-routing their profits through low tax jurisdictions. ...

October 21, 2021 No Responses

Morocco Bans UK Flights

Several UK airlines and holiday companies have been told by the Moroccan government that flights will be suspended from 23:59 BST on Wednesday until further notice. BBC also reports that flights between Morocco and Germany and the Netherlands have also.....