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Rattled UK PM May forced into ‘dementia tax’ U-turn after poll lead halves – Reuters

LONDON British Prime Minister Theresa May was forced to backtrack on one of her most striking election pledges on Monday to force elderly people to pay more for their social care after her party’s opinion poll lead halved in just a few days. In her biggest misstep of the campaign so far, May set out […]

Apple Pay now supports higher value transactions at most UK contactless tills – TechCrunch

If the UK’s £30 contactless payment limit was holding back greater adoption of Apple’s biometric contactless payment tech, Apple Pay, the company should expect to see uplift in usage as it believes that a majority of UK contactless POS now supports limitless transactions. The Telegraph quotes Jennifer Bailey, head of Apple’s payments business, asserting that half of contactless payment terminals […]

EU’s Barnier refuses to imagine UK Brexit talks walkout – BBC News

EU’s Barnier refuses to imagine UK Brexit talks walkout – BBC News

Image copyright Reuters Image caption Michel Barnier spoke of seeking a new partnership between the UK and EU The European Union’s chief Brexit negotiator, Michel Barnier, has said he does not want to consider the chance that talks on the UK’s exit from the EU could collapse. He was speaking after his UK counterpart, David […]

UK PM May climbs down on ‘dementia tax’ plans after poll lead halves – Reuters

LONDON British Prime Minister Theresa May was forced to publicly backtrack on one of her most striking election pledges on Monday after plans to force elderly people to pay more for their social care halved her party’s opinion poll lead in just a few days. In what amounts to her biggest misstep of the campaign […]

EU’s Barnier refuses to imagine UK Brexit talks walkout – BBC News

EU’s Barnier refuses to imagine UK Brexit talks walkout – BBC News

Image copyright Reuters Image caption Michel Barnier spoke of seeking a new partnership between the UK and EU The European Union’s chief Brexit negotiator, Michel Barnier, has said he does not want to consider the chance that talks on the UK’s exit from the EU could collapse. He was speaking after his UK counterpart, David […]

Average asking price for homes in UK hits record high of £317000 – The Guardian

Asking prices for UK homes hit a new record high over the past month as families in search of bigger properties brushed aside uncertainty caused by Brexit and June’s general election. Prices sought by sellers rose 1.2% in the four weeks to 13 May, pushing the average asking price to a fresh peak of £317,281, […]

UK Conservatives’ lead halved ahead of election, according to this poll – CNBC

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Qatar looks to woo UK with ‘Wall Street of the Middle East’ pitch – Telegraph.co.uk

The country’s bid to seduce UK financial executives comes amid a wider push to diversify its economy as oil and gas prices drop, with the country developing its own Canary Wharf-like business hub, the Msheireb Downtown Doha, to attract talent.  But it is not alone in trying to pit itself as the Wall Street of the desert.  “There is a race, which […]

UK firm designs ‘world’s most affordable solar lamp’ – BBC News

UK firm designs ‘world’s most affordable solar lamp’ – BBC News

Image copyright Inventid A UK design consultancy has teamed up with a giant Chinese manufacturer to produce what they say is the world’s most affordable solar lamp. Manchester-based firm Inventid designed the SM100 solar light, which retails for $5 (£3.85) in African countries. It was developed in collaboration with China’s Yingli and charity Solar Aid. […]

UK Conservatives’ lead halved ahead of election, according to this poll – CNBC

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