Ehsanullah Farahi

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Five Million UK Workers Earn Less Than £7.65 Warns TUC

The cost of living continues to hit workers hard as one in five jobs across the UK pay under the living wage.<p>According to research from the Trades …

Gazprom raises gas price for Ukraine

Economic pressure on Kiev stepped up after Russia's energy giant increases price of gas by more than a third.<p>Russian energy giant Gazprom has announced a more than 40 percent increase in the price of gas exports to Ukraine, scrapping a previous discount amid mounting strains between the two …

Weir Group confirms merger talks with Finland's Metso

Scottish engineering group says all-share merger is on the cards with Finnish rival<p>Scottish engineering business Weir Group has confirmed that it has proposed an all-share merger with Finland’s Metso Group.<p>The Helsinki-listed company operates in the same industrial pump and valve market for the …

Rents on London's prime properties fell 2.3% in 2013

Rents on properties in prime central London dropped by 2.3% in 2013, according to luxury letting agents Knight Frank, with much of the fall coming in the last three months of the year.<p>The city shared bottom place with Hong Kong in 2013 in the annual table of rent rises across the globe, which is …

UK insurers seek independent probe of regulator

LONDON (Reuters) - British insurance body the Association of British Insurers will ask Chancellor George Osborne for an independent probe into how financial regulators handled disclosure of a planned industry review.<p>The logo of the new Financial Conduct Authority (FCA) is seen at the agency's …