In a pre-budget speech in Downing Street carried on national broadcasters, Reeves argued she would prioritize bringing down borrowing costs and inflation
The relocation package is said to include a six-figure sum to cover moving costs, followed by a regular stipend several times larger than his £20,000-a-year navy pension
A pair of pistols made for Tipu Sultan and an intricate painting of Maharaja Ranjit Singh were among the starring lots that helped set a new auction record for Sotheby's in London this week. The Arts of the Islamic World and India' sale on Wednesday fetched a combined total of over 10 million pounds, with both historic Indian auction lots outshining their guide price estimates considerably. The 18th century Mysore ruler's silver-mounted flintlock pistols, made especially for the Tiger of Mysore, sold to a private collector for almost 14 times the estimate for 1.1 million pounds. The painting of the 19th century founder of the Sikh Empire, depicting Maharaja Ranjit Singh in procession through a bazaar by artist Bishan Singh set a new record for Sikh art as it was acquired by an institution for 952,500 pounds. This wonderfully detailed processional scene depicts Maharaja Ranjit Singh, the Sikh leader, riding his elephant through a bazaar in Lahore, reads the Sotheby's catalogue ...
Former prime minister Rishi Sunak on Sunday began a new role as a newspaper columnist with some advice for the government ahead of the UK budget next month, cautioning Chancellor Rachel Reeves against resorting to tax rises to bolster the nation's finances. Writing in The Sunday Times', the 45-year-old former chancellor in the Conservative Party-led government draws upon his own experiences in the Treasury at No. 11 Downing Street in London to acknowledge the tough choices faced by a finance minister. However, the Opposition MP believes the answer for the Labour government lies in spending cuts rather than tax hikes as the latter would have a depressionary effect on economic growth. Raising taxes would be a disaster for the UK and particularly if increases are concentrated on a narrow base as Reeves tries to remain technically compliant with manifesto commitments. Such tax rises would be particularly distortionary and damaging to growth, writes Sunak. The choice then is simple: ..
Prime Minister Narendra Modi and UK Prime Minister Keir Starmer met for a delegation-level discussion in Mumbai on Thursday.
Britain also said on Thursday it reached a new milestone with India on a tie-up for electric-powered engines for naval ships as both countries signed the next phase of a deal
Shares of Technocraft Industries rallied after the company announced its proposal to invest 10 million euros over the next three years
Cyberattacks seem inevitable lately, and large-scale theft of customer data has begun to feel almost routine. Attacks that upend company operations are exposing troubling vulnerabilities
The UK government on Sunday announced that it will support iconic British brand Jaguar Land Rover (JLR) with a loan guarantee of up to 1.5 billion pounds to give certainty to the Tata Motors owned carmaker's supply chain following a devastating cyber-attack. The loan will come from a commercial bank, backed by the Department for Business and Trade's (DBT) Export Development Guarantee (EDG), provided by export credit agency UK Export Finance, to be paid back over five years. The aim is to bolster JLR's cash reserves following the production shutdown since early this month in the wake of the hack to help support firms in the supply chain, many of them small and medium enterprises (SMEs) struggling to stay afloat. This cyber-attack was not only an assault on an iconic British brand, but on our world-leading automotive sector and the men and women whose livelihoods depend on it, said Peter Kyle, Business and Trade Secretary. Following our decisive action, this loan guarantee will help
Hemin Bharucha, from London & Partners, shares practical insights on global expansion, the India-UK FTA, and the skills you need to thrive in the global business world. >
A man in his 40s has been arrested in southern England over an alleged cyberattack that caused disruption at several European airports in recent days, including at London Heathrow, law enforcement officials said Wednesday. The UK's National Crime Agency said the suspect was held in West Sussex on Tuesday on suspicion of offenses involving the misuse of computers. The man has been released on conditional bail. Although this arrest is a positive step, the investigation into this incident is in its early stages and remains ongoing," said Paul Foster, head of the NCA's national cyber crime unit. Cybercrime is a persistent global threat that continues to cause significant disruption to the UK" Starting late Friday, airports in Berlin, Brussels and London were hit by disruptions to electronic systems that snarled up check-in and sent airline staffers trying options like handwriting boarding passes or using backup laptops. Many other European airports were unaffected. The cyberattack ...
The UK government is looking at bolstering a drive to attract global talent with a possible visa fee waiver to support the world's top science and tech talent relocation to the country, a media report said on Monday. The Global Talent Taskforce, backed up by a 54-million-pound Global Talent Fund launched earlier this year, is revving up further to lure international experts, including Indians, even as the US announced a clampdown on its H-1B visas used by global techies, according to a Financial Times' report. The taskforce, which reports directly to Prime Minister Keir Starmer and Chancellor Rachel Reeves, works across 10 Downing Street and the UK Treasury to explore ways to boost the UK's economic growth. "We're kicking around the idea of cutting (visa) costs to zero, the newspaper quoted a government official as saying. "We're talking about the sort of people who have attended the world's top five universities or have won prestigious prizes, the official said. It comes as Presi
Starmer, standing alongside his wife Victoria, greeted Trump warmly at his Chequers country residence to the sound of bagpipes for a meeting which is not without perils
Starmer said he and Trump agreed on the ultimate aim of peace in the region
British, Lithuanian and Latvian authorities have detained people on suspicion of carrying out intelligence-related activities on behalf of Russia in the latest of a string of incidents to be linked to Moscow by Western officials. The Metropolitan Police said Thursday they arrested three people just east of London on suspicion of spying for Russia. On Wednesday, Lithuanian prosecutors said they uncovered and detained a Russia-linked network of suspects who are alleged to have planned and organized arson attacks in various European countries. Meanwhile, Latvia's security service said it detained a man suspected of passing intelligence about the military to Russia. British police said they arrested two men, aged 41 and 46, and a 35-year-old woman in the county of Essex. They searched two addresses and later released the suspects on bail. Lithuania's prosecutor general office said suspects in a separate case are accused of sending packages containing homemade explosive devices to other
US President Donald Trump arrived at Windsor Castle on Wednesday, kicking off a two-day state visit to Britain as the guest of King Charles III. The president's Marine One helicopter landed in the private Walled Garden at the Windsor estate. Prince William and his wife Catherine were on hand to meet the president and first lady Melania Trump, walking them over to be greeted by the king and Queen Camilla. Carriages have been polished, hundreds of troops have been drilled to perfection, the family silver is being laid out, and diamonds are being dusted off for a day of royal pageantry on the president's unprecedented second state visit to Britain. It's a spectacle with a purpose: to bolster ties with a world leader known for a love of bling at a time when his America First policies are putting pressure on trade and security arrangements globally. Trump arrived in London late Tuesday and said he loved being back in the United Kingdom, calling it a very special place. Asked if he had
Forging and advanced engineering company Bharat Forge on Thursday said it has signed an agreement with the UK-based autonomous cargo drone manufacturer Windracers Limited for a collaboration on deployment, localisation and application of the latter's Unmanned Aerial Vehicle (UAV) ULTRA across India. The Memorandum of understanding, signed between the two companies at the ongoing global defence exhibition and conference, DSEI UK 2025 in London, aligns with Bharat Forge's and Windracers' broader aerospace growth strategy of advancing UAV capabilities in India, supporting innovation, technology transfer and strategic aerospace applications across defence, the company said. The MoU begins with an initial two-year term, offering both companies the opportunity to advance localisation, conduct joint trials and shape a definitive agreement for deployment in India, Bharat Forge said. The partnership builds on the UK-India Free Trade Agreement (FTA), advancing aerospace technology transfer an
UK Prime Minister Keir Starmer on Thursday fired the country's ambassador to the United States, Peter Mandelson, over his links to the convicted sex offender Jeffrey Epstein. In a statement in the House of Commons on Thursday, Foreign Office minister Stephen Doughty said the decision came in the wake of the publication this week of emails Mandelson sent to Epstein in the 2000s, in which he gave his support to the disgraced financier even when he was facing jail for sex offences. Doughty said the emails showed that the depth and extent of Mandelson's relationship with Epstein was materially different from what was known when he was appointed ambassador to Washington last year in the wake of the Labour Party's election victory. Mandelson, who took up his post in February this year after what the government described as an extensive vetting process, has voiced his deep regret over his previous links with Epstein and said he knew nothing about his criminal activities. In light of the .
Shabana Mahmood has been appointed UK Home Secretary after Angela Rayner's resignation, becoming the first Muslim woman to hold the role and lead on immigration and policing
British Prime Minister Keir Starmer on Friday appointed Foreign Secretary David Lammy as Deputy Prime Minister in a major Cabinet reshuffle following the resignation of Angela Rayner over a tax underpayment row. Rayner, who also held the Housing Secretary portfolio, stepped down after admitting underpaying tax on a new home she recently bought on the south coast of England. Lammy, 53, has been promoted to the post of Deputy PM with additional charge as Justice Secretary. As part of the reshuffle, Home Secretary Yvette Cooper shifts to succeed him as Secretary of State in the Foreign, Commonwealth and Development Office (FCDO) and British Pakistani Shabana Mahmood gets elevated to the Home Office from the Ministry of Justice as part of a wide-ranging reset at the top tier of government. Rayner, 45, a powerful leader within the Labour Party, handed in her resignation after a sped-up independent ethics inquiry concluded that she had breached the Ministerial Code of Conduct by failing