UK – Page 4 – City Business News

January 7, 2021 No Responses

UK Car Sales Crash To 30-Year Low

British new car sales crashed to the lowest level for almost three decades in 2020, with demand ravaged by chronic coronavirus fallout and Brexit uncertainty, industry data showed Wednesday.Sales tanked by 29.4 percent compared with 2019 to 1.63 million new vehicles, the...

January 1, 2021 No Responses

UK Completes Separation From EU

A new era has begun for the United Kingdom after it completed its formal separation from the European Union. The UK stopped following EU rules at 23:00 GMT, as replacement arrangements for travel, trade, immigration and security co-operation came into...

May 2, 2020 No Responses

Nissan To Restart Output At UK’s Biggest Car Factory In June

Nissan will restart phased production in early June at its northern English Sunderland factory, Britain’s biggest car plant, as the sector tries to resume operations amid the coronavirus outbreak. Output at the site, which made just under 350,000 vehicle...

February 1, 2020 No Responses

UK leaves The European Union

The UK has officially left the European Union after 47 years of membership – and more than three years after it voted to do so in a referendum. The historic moment, which happened at 23:00 GMT, was marked by both...

December 10, 2019 No Responses

Jaguar Land Rover Delivers 46,542 Units In November

Jaguar Land Rover (JLR) on Monday reported a 3.4 per cent decline in total sales at 46,542 units in November as compared with the year-ago period. The year-on-year (YoY) sales in China for the Tata Motors-owned brand has increased by...

October 18, 2019 No Responses

British Ports Welcome Brexit Deal

The British Ports Association (BPA) has reservedly welcomed the news that a Brexit deal was agreed on Thursday between the United Kingdom and the European Union. Under the new deal, Northern Ireland will remain part of the UK’s customs territory...

September 10, 2019 No Responses

NLNG Awards 12 Overseas Post-Graduate Scholarships

Nigeria LNG Limited (NLNG) today in Port Harcourt awarded post-graduate scholarships to twelve (12) Nigerians to pursue Master’s degrees in high-ranking universities in the United Kingdom (UK). The scholarships were awarded at the second edition of NLNG Scho...

August 17, 2019 No Responses

UK Firm Gets Court Order To Seize $9b Nigerian Assets

A British judge has ordered the Nigerian government to pay $9bn in assets to a gas firm, P&ID. The firm, P&ID, had reached a deal with the Nigerian government in 2010 to build a natural gas plant – but the...

May 15, 2019 No Responses

Honda Confirms Closure Of UK Plant

Honda has confirmed its western England car factory, which employs 3,500 people, will close in 2021. The Japanese carmaker explained that the Swindon plant will shut in two years, “at the end of the current model’s production life cycle....

March 2, 2019 No Responses

UBA Begins Operations In UK

Barely three weeks after United Bank for Africa (UBA) group launched its operations in Mali, the foremost financial institution has commenced business activities in the United Kingdom. At the upscale ceremony which held on Thursday, February 28, 2019...

February 28, 2019 No Responses

UK, African Leaders Congratulate Buhari

The United Kingdom has felicitated with President Muhammadu Buhari on his electoral victory in the Saturday’s presidential election. A statement from the UK’s minister of state for Africa, Harriett Baldwin, said the result declared by the Independent Natio...

February 27, 2019 No Responses

CSCS Gets ISO/IEC 27001:2013 Re-certification

Central Securities Clearing System (CSCS) Plc has secured its recertification under ISO/IEC 27001:2013 following the recent audit of its compliance with information security risks controls by the British Standards Institution (BSI), UK, one of the world’s la...

February 3, 2019 No Responses

Maersk To Reflag UK Vessels, End Training Of Cadets

Danish shipping giant, Maersk plans to reflag UK vessels and end training of cadets in advance of Britain leaving the European Union in March, maritime trade union Nautilus said. As informed, the company decided to take its remaining vessels off...

January 27, 2019 No Responses

Nigeria Reiterates Economic Development Collaboration With UK, Others

Nigeria has assured of its readiness to partner with any group or stakeholders towards the transformation and economic development of the country. Minister of Finance, Mrs Zainab Ahmed stated this at the closing session of the UK-Nigeria Climate Finance Accele...