Britain and Australia will formally open talks on a post-Brexit free-trade agreement Wednesday, Canberra's top trade official said, voicing hope a deal could be reached this year, reports AFP. "Later today, Australia and the United Kingdom will formally commence free-trade negotiations," Trade Minister Simon Birmingham said, in...
Experts on Wednesday said reducing the cost of doing business and reforming policies were important to attract foreign direct investment (FDI) from the United Kingdom (UK).
They termed some of the challenges for Bangladesh in this regard, including export diversification, inadequate policies and strategies,...
The UK government is inviting organisations to apply for funding under a multi-million pound grant scheme to boost recycling of textiles. This could include machinery for recycling textiles, technology for disassembling or sorting textiles, automated processes for removing items such as zips, and technology to sort textiles...
British retail tycoon Philip Green’s Arcadia Group recently announced plans to close 23 of its 566 UK-Irish stores in a major restructuring of the fashion business that may also see its Topshop/Topman stores close in the United States. Arcadia said it had instigated seven company voluntary arrangements...
Centrica, the owner of British
Gas, is to cut 5,000 jobs this year to "arrest the decline" of the
company. The company has been losing customers to rivals and, in February,
blamed a big loss in 2019 on the energy price cap and falling gas
prices. Centrica also said the coronavirus crisis had...
The world is preparing to move past the global COVID-19 pandemic that has killed more than 1.5 million people as vaccines begin to roll out to the public.The UK is expected to distribute Pfizer's vaccine for the novel coronavirus this week after British authorities approved it for emergency use...
The fundamentals of the Bangladesh economy still remains sound even though it has been badly affected by Covid-19, British high commissioner in Dhaka Robert Chatterton said on Monday. In a virtual event he said that foreign direct investment (FDI), including from Britain, would be very important for...
Burberry has announced science based targets, expanding its aim to build a more sustainable future for fashion. Building on the environmental targets already included in the company's responsibility strategy for 2022, the British luxury fashion house has set two new, ambitious climate goals approved by the Science...
There has been recent promising news about 3 COVID-19 vaccine candidates, prompting thoughts to shift to distribution and delivery.Mathematical models predict that the pandemic will kill more people, if wealthy countries buy all of the vaccines first, than if vaccines were distributed equally.Canada, Japan, the UK, and...