IMF programme: Ishaq Dar seeks assistance from UK govt
- 20-Jun-2023
ISLAMABAD: Finance Minister Senator Ishaq Dar has sought assistance from the United Kingdom (UK) government for the rival of the International Monetary Fund (IMF) loan programme, ARY News reported on Tuesday. Ishaq Dar expedited efforts to sign a staff-level agreement with the International Monetary Fund (IMF). The finance minister held a virtual meeting with the […]
UK finances win boost before key budget
- 21-Feb-2023
LONDON: UK government finances recorded a stronger surplus than expected last month, official data showed Tuesday, news that analysts said could allow finance minister Jeremy Hunt to further ease a cost-of-living crisis. Net borrowing showed a surplus of £5.4 billion ($6.5 billion) in January, compared with the government’s own forecast for £400 million. The government […]
NAB writes letter to UK govt for handing over Salman Shehbaz
- 11-Jan-2022
ISLAMABAD: The National Accountability Bureau (NAB) has written a letter to the United Kingdom (UK) government to handover Salman Shehbaz, who is wanted by the accountability watchdog under money laundering charges and TT scandal, ARY NEWS reported. According to sources privy to the development, the application to handover Salman Shehbaz has been submitted to the […]
UK government allows vote to reverse 4 billion pound foreign aid cut
- 12-Jul-2021
LONDON: Britain’s government said it would let parliament hold a vote on Tuesday to reverse a decision to cut the country’s overseas aid spending by around 4 billion pounds ($5.6 billion) a year. The finance ministry announced in November it would cut aid spending to 0.5% of national income from 0.7%, breaking a 2019 pre-election […]
Boris Johnson´s brother quits UK government
- 05-Sep-2019
Jo Johnson had campaigned strongly against Britain´s exit from the European Union in 2016
US, UK government, thousand other websites infected with crypto-mining malware
- 12-Feb-2018
Thousands of websites, including ones run by US and UK government agencies, were infected for several hours on Sunday with code that causes web browsers to secretly mine digital currencies, technology news site The Register reported. More than 4,200 sites were infected with a malicious version of a widely used tool known as Browsealoud from […]
UK govt accused of covering up failed nuclear missile test
- 22-Jan-2017
LONDON: The British government was accused on Sunday of covering up a failed test of its nuclear weapons deterrent last year, just weeks before lawmakers voted to renew the system. Prime Minister Theresa May refused to say whether she knew about the reported malfunction of an unarmed missile when she urged MPs to support updating […]
High Court set to deliver verdict on EU exit case
- 03-Nov-2016
LONDON: Prime Minister Theresa May will learn on Thursday whether she must seek parliamentary approval before triggering the formal process of leaving the European Union, a step some investors hope will lessen the chances of an economically disruptive “hard Brexit”. London’s High Court will hand down its judgement on whether May and her ministers have […]
Conservatives win majority to form new UK government
- 08-May-2015
LONDON: Prime Minister David Cameron's Conservatives have attained the magic number of 323 seats- needed to win overall majority and form single party government.