UK offshore reserves of shale gas could exceed one thousand trillion cubic feet (tcf), compared to current rates of UK gas consumption of 3.5 tcf a year, or five times the latest estimate of onshore shale gas of 200 trillion cubic feet reports The Telegraph.
UK Chancellor George Osborne believes London is the ideal location for offshore trading in Chinese renminbi (RMB) and wants the capital to become the world’s top destination for the business.
UK unemployment has registered its first fall since last spring, according to official figures, and the UK’s largest grocer, TESCO, is creating 20,000 additional jobs.
A private equity investment firm has bought a UK college with its own degree-awarding powers – in a groundbreaking deal for the UK’s higher education sector, the BBC reports.
Pakistani students seeking UK student visas have been singled out for a new language tests after border checks suggested that as many as 40 per cent of them had falsified their application forms.
EU workers from countries such as Poland, Bulgaria and Romania have come to the UK in large numbers because they know they can easily find work because many British born do not want to take minimum wage jobs or jobs which require unsocial hours.
An immigration advisor who masterminded a scam which allowed people to stay in the UK illegally has been jailed for seven years.
A vicar has been jailed for four-and-a-half years for his role in about 200 sham marriages that took place in an east London church, the BBC reports.
Immigration Rules have been laid in parliament confirming changes to Tier 2 of the points based system, the UK Border Agency has announced.
Pret A Manger, the highly successful sandwich and coffee chain, plans to create 550 extra jobs in the UK – including taking on more homeless people as apprentices…However Romanians and Bulgarians must have a yellow or blue card before they apply.