British Parliament approves Brexit bill, to trigger Article 50
The Dollar Business Bureau The British Parliament on Monday overwhelmingly approved a bill allowing UK Prime Minister Theresa May to trigger Article 50 legislation by March 27, bringing Britain one step closer to its exit from the European Union. Welcoming the Parliament's approval on Monday, British Brexit Secretary David Davis said: “Parliament has today backed the government in its determination to get on with the job of leaving the EU ... We are now on the threshold of the most important negotiation for our country in a generation." "So we will trigger Article 50 by the end of this month as planned and deliver an outcome that works in the interests of the whole of the UK," he said. The Bill passed both ...
Scotland wants to vote for independence post-Brexit
The Dollar Business Bureau As UK gears up to expedite Brexit negotiations with the European Union, Scotland sought a second independence referendum in late 2018 or early 2019 to exit from the UK. On Monday the British parliament cleared the Brexit bill, paving the way for Article 50 to be triggered. Scotland's First Minister Nicola Sturgeon said on Monday as soon as the Brexit negotiations become a bit clear, she planned to begin the legal process of holding a similar independence referendum for Scots. Speaking to the reporters in Edinburgh, Sturgeon said: “If Scotland is to have a real choice - when the terms of Brexit are known but before it is too late to choose our own course - then that choice must ...
Sanjeev Gupta to acquire Tata Steels Talbot unit
The Dollar Business Bureau Sanjeev Gupta, a UK based steel magnate is in talks with the owners of Tata Steel to acquire its plants at Port Talbot. The decision if fruitful is likely to come to the rescue of Tata Steel’s troubled steel business in UK, which could save the company from impending collapse and job losses. Gupta has also announced that he is ready to discuss the same with the British government to save the Talbot plant where thousands of jobs are at loss. The founder of steel, commodities and property group Liberty House had in the past managed to save a lot of steel plants from closure. He would meet the British government and the Tata officials to see the support ...
India, Scotland explore trade opportunities under Make in India
Source: PTI India has held a first-of-its-kind business summit in Scotland to strengthen bilateral trade ties and generate awareness among Scottish companies for doing business in the country under the 'Make in India' initiative. "The India-Scotland Business Summit is being organised at an opportune time when the economies of both India and UK are witnessing high levels of growth and diversification. Scotland plays a very vital role in the UK economy," Indian High Commissioner to the UK Ranjan Mathai said. Scottish Enterprise's global arm Scottish Development International (SDI) organised the summit with the collaboration of the Confederation of Indian Industry (CII) and the Royal Edinburgh Tattoo this week in Edinburgh which was aimed at strengthening business links between Indian and Scottish ...
