United Kingdom

Scottish firms may shift bank accounts south of border: Deutsche Bank

Government should take steps to ensure a financially viable Scotland as there could be "capital flight" to the remaining UK if voters back independence, a leading investment bank has said.

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EasyJet to use drones to inspect planes

British carrier EasyJet will soon start using drone technology/unmanned aerial vehicles (UAVs) to scan and assess its fleet of planes.

EasyJet on Thursday confirmed that it was modifying an unmanned drone in partnership with the Bristol Robotics Laboratory, CopterCraft and Measurement Solutions; and that trials of the technology could be started within the next few months.

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HSBC suffers steep fall in Q1 profits despite tough cost cuts

Europe's largest lender HSBC suffered a fall of 20 per cent in quarterly profits, despite implementing sweeping cost-cutting measures.

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Greenpeace condemns Lords committee’s report on fracking

Prominent environment group Greenpeace has accused the House of Lords Economic Affairs Committee of 'cherry-picking' evidence for the report that called on the government to make regulated fracking an 'urgent national priority'.

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British housing crisis getting worse: RICS

The Royal Institution of Chartered Surveyors (RICS) has cautioned that Britain's housing crisis is getting worse as lack of supply continues to restrict the market.

The number of homes available for purchase in the market has been declining for the last four month. It is the first time that supply of residential property has declined for four months in a row since 2000.

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