Tag: UK government

UK government backs London Crossrail project with extra £825 million

LONDON: The British government said on Tuesday it would provide Transport for London, the capital’s public transport operator, with a grant worth 825 million pounds ($1.10 billion) to help it pay for the completion of the city’s Crossrail project. The opening of Crossrail, which runs east to west connecting London’s Canary Wharf financial district with […]

AgustaWestland scam: UK seeks information from India on Christian Michel extradition

NEW DELHI: The UK government on Wednesday said it has sought urgent information from India on the circumstances surrounding the detention and extradition of Christian Michel, the alleged middleman in the Rs 3,600-crore AgustaWestland VVIP chopper scam case, who is facing allegations of bribery. The businessman, a British national, was arrested in the UAE and […]

Barclays and UK government launch house-building fund of $1.3 billion

By: David Milliken LONDON: Britain’s government and Barclays launched a fund on Wednesday to provide up to 1 billion pounds ($1.3 billion) in finance to small house-builders in an attempt to tackle England’s housing shortage. Barclays said it would offer 875 million pounds of finance while Homes England, a government agency created at the start […]

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