Tag Archives: Uk

Barclays flayed over UK corporation tax bill

Barclays flayed over UK corporation tax bill

LONDON – Protesters and lawmakers condemned Barclays Bank after it revealed it paid only £113 million ($184 million) in British corporation tax in 2009 – a fraction of its profits. Opposition lawmaker Chuka Umunna, a member of the parliament’s treasury committee, said it was shocking and accused Prime Minister David Cameron of failing to ensure banks paid a fair contribution towards cutting the deficit.
Across Britain, a number of small protests took place outside Barclays

Zardari urges UK to help Pakistan access EU markets

ISLAMABAD – President Asif Ali Zardari on Saturday urged British Cabinet Minister Baroness Sayeeda Warsi to use her influence for setting up opportunity zones in the conflict-hit areas and pleading Pakistan’s case for enhanced and preferential trade access to the markets of European Union countries for put the country’s economy back on track.
Talking to Warsi, who called on him at the President’s House, Zardari said it would help addressing the issues of poverty and unemployment

‘UK businesses keen to invest in Pakistan’

LAHORE – A large number of UK businessmen are keen to invest in Pakistan through joint ventures. However, in the past, Pakistan’s inability to establish its brands in the world market could not allow for investment. “Pakistani businessmen and the government should concentrate on establishing a branding culture in Pakistan by focusing more on quality instead of quantity. The branding culture is key to economic turnaround.”
These views were expressed by UK business tycoon James

England cricketers could testify in trio’s case in UK

LONDON – England’s Test cricketers may be re-interviewed by police as the Crown Prosecution Services prepares its case against the three Pakistan players banned for spot-fixing by the ICC early this month. They could even be asked to appear as witnesses to events on the field, and in particular the three no-balls at the center of the scandal, during the fourth Test at Lord’s in August last year, ‘Daily Mail’ reported.
England captain Andrew Strauss and other players who faced

Pakistan will participate in UK trade fair

LONDON – Ten leading Pakistani business houses are participating in the “Spring Fair International 2011” being organised in Birmingham and to be held from February 6-10. Pakistan High Commission along with Trade Development Authority of Pakistan (TDAP) has organised participation of Pakistani exporters at the trade exhibition.
After successful participation at these fairs in 2009 and 2010, this is the third time in a row that Pakistan is taking part in this grand event held

Spot-fixing scandal – UK indicts Salman, Asif and Amir

LONDON – British prosecutors charged former Pakistani cricket captain Salman Butt and opening bowlers Muhammad Asif and Mohammad Amir on Friday with taking bribes to fix incidents in the fourth cricket test against England at Lord’s last year.
The trio is accused of arranging incidents, such as bowling no-balls at pre-agreed times, during the match. Britain’s Crown Prosecution Service said the trio, along with a fourth man, 35-year-old sports agent Mazhar Majeed of Croydon,

FIA asks UK govt to seize Moonis, Mohsin’s accounts

LAHORE – The Federal Investigation Agency (FIA) on Wednesday requested the British government to seize the bank accounts of Moonis Elahi and Mohsin Habib Warraich, both involved in the Rs 2.5 billion National Insurance Company Limited (NICL) scam.
The FIA also requested the UK government to extradite Warraich. According to FIA sources, Moonis’ name was included by the FIA investigators in Abdul Maalik’s statement. Maalik was Moonis’ manager. Sources said Moonis’ bank account

‘UK should help Kashmiris achieve self-determination’

LAHORE – British Deputy High Commissioner Dr Peter Tibber called on Jamaat-e-Islami (JI) Secretary General Liaqat Baloch at his residence on Tuesday and discussed the international political situation and regional matters. Tibber’s Political Secretary Alistair K Smith accompanied him. During the meeting which lasted for around one and a half hour, the British diplomat was informed about the JI’s policy on important issues.
Baloch told the visiting diplomat that the UK, as an

UK parliamentarians optimistic about Pakistan’s future

LONDON – The UK Commonwealth Parliamentary Association delegation said they were optimistic about Pakistan’s future. Meeting with a range of range of political leaders, parliamentarians and representatives from civil society in Lahore, Islamabad and Karachi, the delegation’s 6-day visit to Pakistan ended the other day.
The delegation left with a greater understanding of the depths of the challenges facing Pakistan, a press statement issued by the British High Commission in

UN, UK condemn assassination of Salmaan Taseer

UNITED NATIONS – UN Secretary General Ban Ki-moon on Tuesday condemned Punjab Governor Salman Taseer’s assassination calling it a blow to the country. “The secretary general condemns the assassination today of the governor of Punjab province,” said UN spokesman Martin Nesirky.
Ban called the governor ‘a prominent leader’ whose death is a loss for Pakistan. British Foreign Minister William Hague said on Tuesday he was shocked by the assassination, adding that it was loss to the

Dozen held in UK anti-terror swoop

LONDON: British police on Monday arrested 12 men on suspicion of plotting an act of terrorism, in a major operation involving pre-dawn raids across the country.
The dozen, aged between 17 and 28, were detained “on suspicion of the commission, preparation or instigation of an act of terrorism in the UK”, police said in a statement. “This is a large-scale, pre-planned and intelligence-led operation involving several forces,” said Scotland Yard Assistant Commissioner John Yates, who

UK to aid citizens caught in terrorist attack

LONDON: The government will assist any British nationals affected by what it deems terrorist incidents abroad, reversing an earlier decision to only help those who had travel insurance, the Foreign Ministry said on Thursday.
Assistance measures include medical evacuation, payment of immediate medical expenses and repatriation.
“Acts of terrorism are singularly heinous crimes, usually targeting innocent people at random. It is right that all British victims of terrorist

Prosecutors to appeal UK bail for Assange

LONDON: Prosecutors said on Tuesday they would appeal against a British judge’s decision to grant bail to WikiLeaks founder Julian Assange, who has been arrested in Britain on Swedish allegations of sex crimes. Prosecution lawyer Gemma Lindfield announced the decision at a court hearing, without giving reasons.
Judge Howard Riddle, who had earlier granted Assange bail under stringent conditions, said Assange must remain in custody until the appeal was heard within 48 hours.


Higgins wins UK title in thriller

LONDON: John Higgins produced what he said was his “finest hour” in snooker as he marked his return to top-flight competition by staging a remarkable rally to beat Mark Williams 10-9 in the UK Championship final in Telford, central England, on Sunday. Higgins had been five frames down and was on the brink of defeat at 9-5 behind, with Welsh left-hander Williams needing just one more frame.
The UK Championship winner in 1998 and 2000, Higgins was playing in his first major

UK police search house in Stockholm blasts probe

LONDON: British police were searching a house in southern England as part of an investigation into bombings in a busy shopping district of the Swedish capital on Saturday.
Police said on Monday they had begun examining a terraced house in the town of Luton, Bedfordshire, on Sunday night under the terrorism act.
“No arrests have been made and no hazardous materials found,” police said in a statement. The property has been cordoned off. Britain’s interior ministry said it

University fees plan row damages UK coalition partner

LONDON: The popularity of Nick Clegg, leader of Britain’s coalition government’s junior partner, has plummeted and supporters are deserting his party over plans to raise university tuition fees, said a poll published on Sunday.
Parliament voted on Thursday in favour of plans to allow English universities to almost treble current fees, a policy that has divided Clegg’s Liberal Democrat party and led to violent protests in London.
Before May’s election Clegg and all his

Musharraf, Aziz forced me not to resist UK petroleum deal: ex-minister

ISLAMABAD: Usman Aminuddin, former petroleum minister, has revealed that ex-president Pervez Musharraf and ex-premier Shaukat Aziz had forced him not to resist British Petroleum deal for buying Occidental Petroleum’s shares in Badin field.
While commenting on the petition filed in the Supreme Court of Pakistan by Jamaat-e-Islami former chief Qazi Hussain Ahmed, he said Occidental Petroleum’s shares in Badin Gas Field were being sold at a throwaway price in 2002. However, he did