Page 43 - Uk

Indian venture debt platform 8vdX expands to UK, Singapore and Australia

An Indian technology-enabled venture debt platform for early stage start-ups on Wednesday announced its expansion to the UK market. 8vdX said its aim is to offer cross-border venture debt, or a type of finance, to start-ups through local entities in the new geography. By 2024, 8vdX said it aims to fund 100 start-ups with assets under management (AUM) of USD 200 million and also has plans to expand to other countries such as Singapore and Australia. We are delighted to announce the expansion of our operations in key markets like Singapore, UK and Australia within just eight months of launching 8vdX, said Ravi Chachra, Co-Founder of 8vdX. We aim to offer a cross-border venture debt solution to the start-ups in these countries so that founders can spend more time on their businesses and less time on chasing small ticket investors. Start-ups do not require the flip' process in order to raise cash. "We are working to solve a significant problem that start-ups and rapidly expanding ...

Liz Truss holds firm lead over Rishi Sunak in UK PM race: Tory survey

Foreign Secretary Liz Truss is holding on to a firm lead over former Chancellor Rishi Sunak in the race to be elected Conservative Party leader and British Prime Minister, according to a new survey of Tory voters on Wednesday. The Conservative Home website survey of 961 party members, who either already have or will be casting their postal or online ballots in the leadership election, found Truss at 60 per cent and Sunak at 28 per cent. Once the 9 per cent who fall under the "don't know" category are equally distributed between the two finalists in the contest, Truss maintains a 32-point lead over the British Indian ex-minister as the website's last survey found earlier this month. "If our don't knows are divided evenly between the two candidates, an exercise we carried out last time, Truss goes up to 64 per cent and Sunak to 32 per cent and so maintains the 32 point lead she had last time round, Conservative Home said in an analysis of its latest findings. "The sum of Opinium, ..

Monkeypox outbreak showing signs of slowing in the UK, says health agency

British authorities also said that they bought as many as 150,000 doses of the vaccine, which was made by Bavarian Nordic, the world's only supplier

M&M launches new brand BE in UK, lines up five electric SUVs

The company would introduce the first of the five e-SUVs towards the end of 2024, starting with the Indian market

21,000 people, including British nationals, brought to UK from Afghanistan

More than 21,000 people, including British nationals and their families, have been safely brought to the UK from Afghanistan, the government has said.

'Unsurprisingly, Boris Johnson has not returned my calls': Rishi Sunak

That's one of those Westminster questions that doesn't change price of fish. There are plenty of things that do change price of fish, not least price of energy, but that's not one of them, said Boris

UK economy shrinks in second quarter, sharpening recession fears

The statistics office said health spending was the biggest contributor to the fall, as the government scaled down coronavirus testing, contact tracing and vaccination programs.

As UK heads for recession, here's who could control finances in new govt

With the Bank of England predicting inflation topping 13% in the fall and a recession lasting through 2023, the next incumbent of 11 Downing Street will be under immediate pressure

UK industries and households brace for blackouts, gas shortage in January

Under the government's latest "reasonable worst-case scenario," Britain could face an electricity capacity shortfall totaling about a sixth of peak demand

Rishi Sunak promises more support in UK energy crisis if elected as UK PM

The 42-year-old Indian-origin finalist in the Conservative Party leadership election pledged government "efficiency savings" to fund the support, while limiting borrowing.

UK heading for recession on BOE view even with Liz Truss tax cuts

Tory leadership favourite has pledged $47-bn tax giveaways

UK PM race: Rishi Sunak, Liz Truss feel heat over cost-of-living crisis

While Truss has pledged immediate tax cuts if elected, Sunak has promised more targeted support for the most vulnerable households and tax cuts further down the line.

London or Londongrad? What makes the UK a hub for global 'dirty money'

According to reports, the 'questionable funds' in the UK amount to over $125 billion every year. What makes London a hub for money laundering? Find out here

Britain's West Midlands lobbying M&M to open motorcycle factory in the area

Midlands region is home to more than 400 specialist firms including Aston Martin Lagonda and India-owned Jaguar Land Rover

CWG Day 8: Medal rush in wrestling; men's fours lawn bowls team makes final

It was a spectacular day for India in wrestling as they won medals including three gold at the ongoing Commonwealth Games 2022

Rishi Sunak under fire over boast he moved funding from deprived UK areas

Rishi Sunak's campaign spent Friday on the back foot as he faced widespread criticism over his remarks about reversing government funding for deprived urban areas

PM Modi congratulates Indian wrestlers on gold medal wins at CWG 2022

PM Modi congratulated star Indian wrestlers Bajrang Punia, Deepak Punia and Sakshi Malik for winning the gold medal in their respective categories at the Commonwealth Games in Birmingham

CWG Day 7 Highlights: Sudhir, Sreeshankar win medals; Hima Das in semis

On the seventh day of CWG 2022, Murali Sreeshankar clinched the silver medal in the Men's Long Jump final, becoming the first Indian male athlete to bring home a medal in the category

48 vs 43: Race to 10 Downing Street now closer than thought, poll says

Liz Truss is backed by 48% of Conservatives compared with former FM Sunak's 43%, according to a new poll; voting delayed after hacking alert

UK already in recession as cost of living crisis hits household incomes

The UK economy is already in recession as the cost of living crisis has devastating consequences for household incomes, a leading think tank has concluded