Posts Tagged ‘U.K.’

Iceland to repay Britain $3.45 billion debt due to Icesave Bank failure

Vittorio Hernandez – AHN News Reykjavik, Iceland (AHN) – Iceland will start repaying a $3.45 billion (EUR 2.6 billion) from Britain in 2016. Reykjavik owed the amount to London after the online Icesave Bank failed two years ago. The agreement to repay ends two years of dispute over interest rates between the two countries after [...]

Britain Pushes For More Workplace Equality

AHN News Staff London, England, United Kingdom (AHN) – British Equalities Minister Lynne Featherstone said Thursday that the United Kingdom will initiate positive action to ensure workplace equality. Among the initiatives the coalition government would make are: to name and shame companies that do not provide equality for women workers, give preference to applicants from [...]

Unsecured Cash Loans No More Struggling With Financial Problems

Some expected or unexpected fiscal requirements for instance health check up or other treatment bills, car repair bills, pay off credit card debts, birthday expenses, child’s education costs, household expenses etc force you arranging the instant cash so as to eradicate the entire fiscal requirement. But in that case you find yourself not able in [...]

Mitchells & Butlers swings to loss

MADRID (MarketWatch) — U.K. pub operator Mitchells & Butlers PLC on Tuesday swung to a fiscal 2010 net loss of 84 million pounds from a year-earlier profit of 4 million pounds on 1.1% higher revenue. On a per-share basis, the company lost 20.6 pence a share against earnings of 1 pence a share and on [...]

Mitchells & Butlers swings to loss

MADRID (MarketWatch) — U.K. pub operator Mitchells & Butlers PLC on Tuesday swung to a fiscal 2010 net loss of 84 million pounds from a year-earlier profit of 4 million pounds on 1.1% higher revenue. On a per-share basis, the company lost 20.6 pence a share against earnings of 1 pence a share and on [...]

Ireland Accepts EU, IMF Bailout Package

AHN News Staff Dublin, Ireland, United Kingdom (AHN) – Ireland formally accepted over the weekend the international bailout offer of the European Union and the International Monetary Fund. After hedging for a few days and insisting Dublin had sufficient financial resources, Irish authorities gave in to pressure and asked for a loan. According to reports, [...]

British Government Promises Review Of Rules, Taxes To Encourage New Enterprises

AHN News Staff London, England, United Kingdom (AHN) – British Prime Minister David Cameron promised Monday a review of regulations and taxes to encourage Britons to set up new enterprises, rather than just looking for jobs. By setting up businesses, more jobs would be generated. Cameron made the pledge as Britain observes Global Entrepreneurship Week [...]

Britain Plans Ultra-Flexible Work System

AHN News Staff London, England, United Kingdom (AHN) – The British coalition government is planning to change labor rules that would lead to an ultra-flexible work system in which Britons could work for as few as two hours a week. Welfare Ministers Lord Freud and Maria Miller said the changes are expected to benefit residents [...]

Marks & Spencer profit up 16%

LONDON (MarketWatch) — U.K. retailer Marks & Spencer Group said Tuesday that its fiscal first-half net profit rose 16% to 261.2 million pounds ($421.6 million) as revenue grew 5.4% to 4.57 billion pounds. Adjusted pretax profit at the group rose 17% to 348.6 million pounds and was in line with the 347 million pounds consensus [...]

Israel Delays Talks With Britain To Protest Officials’ Prosecution

AHN News Staff Jerusalem, Israel (AHN) – To protest a British court’s order to arrest visiting Israeli officials for alleged war crimes, Israel has suspended all kinds of strategic dialogue with Britain. The two nations discuss defense and security matters during the strategic dialogue annually. “The strategic dialogue has indeed been postponed,” Foreign Ministry spokesman [...]

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