UK News - Asian News from UK

Rail union announces three days of strikes

Unions say any pay offer should reflect the rising cost of living. Inflation – the pace of general price rises – is at 8.7%…reports Asian Lite News Thousands of rail workers will

June 23, 2023

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India lists key financial inclusion measures

Under ‘Stand-up India’ scheme, women were identified not just in big cities but tier-2 and tier-3 cities, and are being granted collateral-free loans at concessional rates, so that they can stand up

June 23, 2023

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Bank of England hikes borrowing rates

The size of the bank’s 13th hike in a row was a surprise after most economists had predicted a smaller quarter-point increase…reports Asian Lite News Fears that the British economy is heading

June 23, 2023

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Germany confirms new envoy to Russia

Lambsdorff had “good experience in foreign policy,” Stefan Meister, a Russia expert at the German Council on Foreign Relations, said, adding that he fills a “key position” in “times of crisis”…reports Asian

June 22, 2023

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TCS bags $1.1 bn deal to transform savings trust

The maximum estimated value of the contract, if extended to the entirety of its 18-year tenure, would be $1.96 billion…reports Asian Lite News Tata Consultancy Services (TCS) and National Employment Savings Trust

June 22, 2023

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Labour unveils five-point plan for mortgage crisis

Labour said the mortgage crisis is worse in the UK than neighbouring advanced economies such as France and Ireland, with the gap in rates costing a typical household in Britain £1,000 more

June 22, 2023

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Interest rate rise expected after inflation shock in UK

Influential think tank the Institute for Fiscal Studies (IFS) warned higher rates would result in a drop of more than 20% in disposable income for 1.4 million mortgage holders…reports Asian Lite News

June 22, 2023

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‘UK-India ties a defining one for our times’

Government estimates that a trade deal could increase UK’s GDP by approximately €3.3- 6.2 bn and India’s by around €3.7-8.6 bn by 2035…reports Asian Lite News British Prime Minister Rishi Sunak hailed

June 22, 2023

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Michael Miebach joins USISPF Board of Directors

Miebach’s appointment comes at a time when Prime Minister Narendra Modi is on an official visit to the US on the invitation of President Joe Biden and First Lady Jill Biden…reports Asian

June 21, 2023

Business·UK News

Sunak facing by-election triple threat

The election will take place on the same day as Boris Johnson’s vacated Uxbridge and South Ruislip seat, and Nigel Adams’ Selby and Ainsty seat…reports Asian Lite News Rishi Sunak is facing

June 21, 2023

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