UK News:

UK housing market 'shows resilience'
The "resilient" UK housing market recorded another increase in mortgage lending in March, according to a lenders' group.


UK ad spend set to hit record £14bn
WPP buying arm forecasts revenues to top pre-crash level in 2013, with digital accounting for 44% of the market Total UK advertising spend is forecast to reach a new high of nearly £14bn in 2013, topping pre-financial crash levels for the first time in six years. The UK ad market will be worth £13.9bn this year, with digital advertising accounting for 44.2%, or £6.2bn, according to GroupM, WPP's ...


UK unemployment rate falls to 6.9%
The number of people out of work in the UK has fallen by 77,000 to a five year low of 2.24 million in the three months to February, official figures indicate.


Starbucks to move European base to London, pay more UK tax
* The UK is a great place to do business, says Starbucks (Berlin: SRB.BE - news) EMEA boss * Plans 100 new UK stores after relocation this year (Writes through, adds comment from EMEA boss) LONDON, April 16 (Reuters) - Starbucks Corp will move its European headquarters to London from the Netherlands this year and pay more tax in the UK as a result, the company said on Wednesday. The shift by the ...


UK would welcome Chinese investment in HS2, says David Cameron
Speaking to students in Shanghai, British PM says UK has much to learn from success of China's high-speed rail lines David Cameron has told the Chinese leadership that he would welcome investment by Beijing in Britain's high-speed rail network. In a question-and-answer sessions at Jiao Tong university in Shanghai, the prime minister said he had told the Chinese president, Xi Jinping, and the ...


UK revokes asylym status of former Kazakh banker Ablyazov
The UK has decided to cancel the refugee status of a former Kazakhstan banker accused of fraud after lobbying from the Asian state.


UK Job Figures Expose Generational and Regional Employment Divide
There were more than 30 million people in employment across the UK in three months to February as the country's unemployment rate tumbled to 6.9%. But the figures from the Office for National Statistics (ONS) also showed that the UK has a North/South divide when it comes to joblessness. The South West saw its unemployment rate tumble to 4.9%, down from 6.8% on the previous quarter. Likewise, the ...


UK Data Collection Continues Despite Contravening Fundamental Rights to Privacy
One week after the European Court of Justice (ECJ) ruled that the Data Retention Directive was invalid, no action has been taken by either the UK government or telecoms companies to protect the data of UK citizens. The data collection directive was ruled invalid last Tuesday for its contravention of basic privacy rights and exploitation of personal data. First ordered in 2006, the directive ...


UK universities urged to pull cash from fossil fuel giants
Anti-carbon divestment campaign targets £5bn of British funds An international campaign to urge large institutions to dump fossil fuel investments reaches the UK this week, following rapid success in the US. The year-old divestment campaign, Fossil Free , has grown even faster than similar efforts that once targeted apartheid, tobacco and arms manufacturers. It now aims to focus attention on the ...


£6Bn UK coffee shop market targeted by Starbucks as they move their European HQ to the UK
The UK cafés and bars market has seen a considerable number of new entrants into the industry but value sales have stayed consistent in 2012 on the past year to £14.9 billion. Pubs, cafés and bars have.......








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