UK Archives — Page 5 of 6 — City Business News

March 29, 2018 No Responses

UK Car Production Drops In February

The number of cars made in Britain fell in February as domestic demand slumped by “double digit figures”, industry figures suggest. The Society of Motor Manufacturers and Traders (SMMT) said that 145,475 vehicles were built during the month – 4.4%...

March 28, 2018 No Responses

UBA London Subsidiary Gets Regulatory Approval

Foremost financial institution, United Bank for Africa (UBA Plc) on Tuesday announced that its London subsidiary has obtained regulatory permission to carry out wholesale banking services in the United Kingdom. The approval licence was granted to the lender ...

March 18, 2018 No Responses

23 UK Diplomats Expelled From Moscow

Russia is to expel 23 British diplomats in a row over the nerve agent attack on an-ex spy and his daughter in the UK. The Russian foreign ministry said the UK staff would be expelled from Moscow within a week...

February 12, 2018 No Responses

Nigerians who own property in UK panic over new law

Nigerians, who own properties in the United Kingdom, have inundated the Federal Ministry of Finance’s Voluntary Assets and Income Declaration Scheme (VAIDS) hotlines with calls, causing the lines to crash on Friday. A source at the VAIDs office, told the.....

December 12, 2017 No Responses

NIMASA secures seatime training for 289 cadets in Egypt, UK

By citybusinessnews@yahoo.com – The Nigerian Maritime Adminstration and Safety Agency (NIMASA) has concluded arrangement for 289 cadets to proceed to Egypt and the United Kingdom between this month and January 2018 for seatime training in O...

December 11, 2017 No Responses

Qatar stakes £6b on 24 eurofighter jets

A £6bn deal to sell Eurofighter Typhoons to Qatar will help safeguard thousands of UK jobs. BAE Systems employs about 5,000 people in the UK to build the fighter jets, mainly at Warton in Lancashire. Qatar’s purchase of 24...

September 19, 2017 No Responses

Employee fraud in UK hits £40m in one year

Businesses in the United Kingdom reported more than £40m in losses from employee fraud in 2016, figures published by Chartered Institute of Personnel Development (CIPD) revealed on Monday. The data, which was obtained by accountancy firm RSM under a freedom.....

June 25, 2017 No Responses

EU to move two agencies from London

(BBC) EU leaders have officially launched the competition between member states to decide which will host two London-based EU agencies, responsible for medicines and banking. The relocation must take place by the Brexit deadline – 30 March 2019. Some c...

June 23, 2017 No Responses

UK offers EU Citizens post Brexit status

European Union citizens legally resident in the UK should have the same rights as British citizens after Brexit, the UK prime minister has told EU leaders. “No-one will face a cliff edge,” Theresa May said at a Brussels summit. A...

June 18, 2017 No Responses

Certified yams from Nigeria arrives in U.S as Senegal, Mali indicate interest

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh was in a celebration mood on Saturday as he announced the successful arrival of the first consignment of certified yams from Nigeria to the United States of America (USA). ...

May 23, 2017 No Responses

19 killed, 50 injured in Manchester Arena blast

(BBC) Nineteen people have been killed and about 50 injured in a suspected terror attack at Manchester Arena. The blast happened at 22:35 BST on Monday following a pop concert by the US singer Ariana Grande. PM Theresa May said...

May 8, 2017 No Responses

Buhari hands over to Osinbajo, begins medical-check up in UK

President Muhammadu Buhari has travelled to the United Kingdom for further medical check-up and consultations with his Doctors. Already, the President has transmitted letters about the trip to the Senate and the House of Representatives, in compliance wit...

April 6, 2017 No Responses

‘How criminal gangs use UK ports to defraud EU customs’

By Andrew Hosken (BBC) Systematic failures by UK customs officials have allowed criminal gangs to defraud the European Union of at least £2bn in just four years plus billions more in lost VAT, the EU anti-fraud office OLAF has claimed....

December 29, 2016 No Responses

UK funds drone-based blood deliveries

(BBC) By Leo Kelion Technology desk editor The UK government is to fund a trial of drone-based deliveries of blood and other medical supplies in Tanzania. The goal is to radically reduce the amount of time it takes to send...