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Tag: UK

UK job vacancies drop 23%, signaling economic slowdown
Business

Nigeria retains 99% duty-free access to UK market

The United Kingdom has reaffirmed Nigeria’s eligibility for duty-free access on 99% of its exports under the Developing Countries Trading Scheme, a post-Brexit initiative designed to strengthen trade with developing nations. The reassurance comes amid rising global trade tensions following the United States’ recent imposition of broad tariffs. In a statement released Friday, the British […]

UK job vacancies drop 23%, signaling economic slowdown
Business

British High Commission praises UK-Nigeria collaboration 

The British High Commissioner to Nigeria, Dr. Richard Montgomery, has praised the collaborative efforts between the UK and Nigerian governments in boosting Nigeria’s education system. This partnership has led to the opening of Charterhouse Lagos School, a $15 million investment located in the upscale Lekki area of Lagos. The school spans 70 hectares (around 150 […]

News

UK-Nigeria ties expands with new creative industries working group

The United Kingdom and Nigeria have officially launched the Creative Industries Technical Working Group, a significant advancement in the UK-Nigeria Enhanced Trade and Investment Partnership. This initiative aims to strengthen bilateral relations and establish a solid foundation for growth in the creative sectors of both countries. The launch of the Creative Industries Technical Working Group, […]

UK court to hear case against shell over oil pollution
News

UK court to hear case against shell over oil pollution

The UK High Court will begin hearings on February 13 in a landmark legal battle between Shell and the Ogale and Bille communities of Rivers State, Nigeria. The case, centered on oil pollution in the Niger Delta, marks a significant step in the decade-long fight for corporate accountability. The affected communities claim that Shell’s operations […]

UK job vacancies drop 23%, signaling economic slowdown
News

UK not part of US trade problems – Finance minister

The United Kingdom’s finance minister said on Wednesday that the country is “not part of the problem” regarding the “persistent” trade deficits that President Donald Trump seeks to address. Trump has focused on addressing the trade imbalances the U.S. faces with various countries, seeking to reduce deficits that he views as detrimental to the American […]

UK job vacancies drop 23%, signaling economic slowdown
News

UK economy shrinks in October, GDP falls 0.1%

The United Kingdom economy unexpectedly contracted in October, with Gross Domestic Product falling by 0.1%, according to the Office for National Statistics on Friday. The decline was attributed to a drop in production output. Economists surveyed by Reuters had forecast a 0.1% increase in GDP for the month. This marks the U.K.’s second consecutive economic […]

15 UK varsities face layoffs, course closures amid enrollment decline
News

British workplaces among worst in Europe – Report

British workplaces rank among the worst in Europe for long hours, tight deadlines, and limited autonomy, with no corresponding increase in productivity, according to a report released ahead of the new Labour government’s plan for stricter employer regulations. The report found that three-fifths of the workforce faced tight deadlines, and two-fifths worked at high speed—some […]

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UK announces guidelines for listings to boost stock market growth 

The United Kingdom’s Financial Conduct Authority announced new guidelines on Thursday for the country’s stock market listings in an attempt to encourage growth following a slowdown in IPOs. The new rules, which take effect on July 29, will bring the UK’s listing system in line with those in other countries while also making it simpler […]

UK economy hits unexpected growth
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UK economy hits unexpected growth

Britain’s economy rebounded from a brief recession in the first quarter with stronger-than-expected growth, according to revised data released on Friday. This development provides a boost to embattled Prime Minister Rishi Sunak just days before the general election. The Office for National Statistics reported that gross domestic product grew by 0.7 percent in the first […]

Nigeria-UK trade relations worth £7bn, says British envoy
News

Nigeria-UK trade relations worth £7bn, says British envoy

The trade relations between Nigeria and the United Kingdom have soared to £7bn, according to British High Commissioner to Nigeria, Richard Montgomery. In an interview with the News Agency of Nigeria in Abuja, Montgomery revealed that both nations have sealed a fresh agreement on enhanced trade and investment partnership. This agreement aims to bolster cooperation […]

Gay dating app Grindr faces lawsuit for allegedly sharing users' HIV status
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Gay dating app Grindr faces lawsuit for allegedly sharing users’ HIV status

A London-based law firm announced on Monday that it is initiating a mass data protection lawsuit against the gay dating app Grindr, alleging that hundreds of users had their private information, including HIV status, shared with third parties without consent. Austen Hays, the law firm filing the lawsuit at London’s High Court, indicated that thousands […]

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