UK Business News

UK urged by IMF to bring forward high value spending

LONDON - In a critique of the United Kingdom's austerity programme, the International Monetary Fund Wednesday urged the Europe's third largest economy to rebalance the policy to make the transition to a high-investment and more export-oriented economy. "The UK could boost growth by bringing forward measures already included in its fiscal plan, such as spending on infrastructure and job ...
SSE profits soar after price hikes and long winter – but tariffs to rise again

SSE, the Big Six energy provider, warned that customers should brace themselves for further price hikes as it reported a near 30 per cent rise in profits from its retail customers last ...
Exclusive China urbanisation plan hits roadblock over spending fears - sources

Reuters © A woman collects bricks at a demolition site, where an old village is making way for new buildings, on the outskirts of Beijing, May 23, 2013. REUTERS/Kim ...
Services sector boosts economic recovery

The UK's return to growth was underlined today as revised figures confirmed the dominant services sector helped the economy expand by 0.3% in the first three months of the ...
First-quarter economic growth unrevised at 0.3 percent consumer spending weak

LONDON (Reuters) - Britain's economy grew 0.3 percent in the first quarter as originally estimated, but consumer spending rose at its weakest pace since the third quarter of 2011. The quarterly figure confirms the initial forecast-beating ...

Movie Review

Keeping the Faith

If there's one subject that Hollywood is generally bad at tackling, it is religion. The basic law of the Hollywood production machine is to create a product that appeals to the largest common base of people. It's okay to offend certain fringe groups because they probably don't go see movies very often anyway. But one must appeal to the masses, therefore it is difficult to commit to any one religi ... ...

On Facebook

Euro zone slump eases in May but points to contraction in second quarter -PMI

By Andy Bruce LONDON (Reuters) - The downturn across euro zone businesses eased slightly this month, although a dearth of new orders means the bloc's economy is likely to contract again in the second quarter, business surveys showed ...
EUs Barnier wants big companies to reveal national tax bills

BRUSSELS (Reuters) - Large companies should disclose how much tax they pay in each country where they operate, the European Commission's top regulatory official said, in the text of a speech to be delivered on ...
FTSE 100 falls sharply from 13-year high

FTSE 100 came within 90 points of its December 1999 peak, the index has slumped nearly 2%, down 117.80 points at 6722.47.But after its recent strong surge, this latest fall merely wipes out the gains made since Monday.Overnight the Dow Jones Industrial Average closed down 80 points or 0.5% while the Nikkei 225 dropped more than 7% to 14,483.98 in the wake of a Chinese survey showing factory ...
FTSE sinks on Chinese data U.S. stimulus concerns

* FTSE 100 falls 1.7 percent after Bernanke's comment on stimulus * Miners down on poor China factory activity survey * United Utilities among handful of risers post results By Tricia Wright LONDON, May 23 (Reuters) - Britain's top shares fell sharply on Thursday, dropping off 13-year highs on weak Chinese economic data and worries the U.S. Federal Reserve could soon taper its stimulus ...
ECB considering measures to tackle financial fragmentation - Noyer

Reuters © French central bank Governor Christian Noyer reacts during a meeting of G20 representatives with Russian President Vladimir Putin in the Kremlin February 15, 2013. REUTERS/Maxim ...

More UK Business News

Did I hear right?

Nothing will ever completely replace playing the game I love, however I feel like I'm starting a new adventure and I'm genuinely excited about what lies ahead. I'm fortunate to have been given many opportunities throughout my career and now I feel it's my time to give back.

David Beckham

The world's best known footballer was speaking after formally announcing his retirement.

Hotel Review

New York-New York Hotel & Casino

Awe struck us on our arrival at this relatively new hotel and casino establishment at the top of the Strip. ...

Keep reading

Record Your Vote

Do you take the threat of North Korea seriously?

The UK News

The UK News | Headlines making the News in the UK

The UK News is one of the most comprehensive UK news online newspapers on the Web, providing breaking news, and an extensive range of articles of general interest about the United Kingdom.

Weather forecasts, sports updates, and world news headlines, business and financial markets reports are regular features. Vote on a topical news poll, and see how people the world over are seeing current issues.

Coverage extends from Great Britain to Northern Ireland, and takes in Guernsey, Jersey and the Isle of Wight. The British sector takes in England, Scotland and Wales, with news emanating from major cities such as London, Manchester, Edinburgh, Glasgow and Cardiff.

The UK News reports on the latest in Northern Ireland, particularly in relation to the peace process. Whether it�s regional, local, or even global news, it all comes together on The UK News. Akin to buying a newspaper in each of the main cities and counties of the United Kingdom, the UK News brings it all together in one composite newspaper online.

You can also subscribe to receive headlines by email each day. Simply register your email, and there�s no more to do. To discontinue the service at any time, you simply advise us.

Follow The UK News on Facebook

News Releases

The The UK News.com News Release Publishing Service provides a medium for circulating your organization's news.

U.S. Markets

Featured Story

Londoner of Nigerian descent suspect in terror attack

Michael Adebolajo, a 28-year-old Londoner of Nigerian descent, is one of the two suspects who hacked to death a British soldier in London, a media report said Thursday.

The two terror suspects are being held under armed guard at hospitals in London and one of them has been named by Sky News sources as Adebolajo.

The vicious attack on the soldier took place Wednesday in Woolwich, southeast London.

Adebolajo is a 28-year-old Londoner of Nigerian descent, said the media report.

"He was born in Lambeth, grew up in east London. There are still members of his family living in the area.

"He was a student at Greenwich University, but it is not clear what he was studying there. Already on Facebook there are comments from former pupils say that they went to school with him in east London."

Police have been searching an address in Lincolnshire believed to be linked to Adebolajo.

The defence ministry said: "As a result of the incident in Woolwich, a number of additional security measures have been put in place. As you would expect, we would not talk about the details of these measures."