Britain says reckless bankers could face jail

HSBC chairman Douglas Flint. Photo: Reuters

Bankers who are reckless with customers’ or taxpayers’ money could face criminal charges and have bonuses and pensions clawed back, according to proposals backed by Britain’s prime minister on Wednesday.

Thursday, 20 June, 2013, 10:56am

UK, Germany still hot - Cyprus less so

Cyprus properties for sale in Russian and English. Photo: Bloomberg

The Cyprus fiscal nosedive comes as a blow to wealthy Chinese immigrants seeking a relatively cheap route to property and residency in the euro zone. Along with Ireland, Spain and Portugal, Cyprus has been offering a property-linked visa programme.

25 Mar 2013 - 5:22am

Swapping Hong Kong for the UK. An adviser here or there?

Swapping Hong Kong for the UK. An adviser here or there?

My wife and I are British/Irish. We plan to sell our property in Hong Kong and use the money to retire to Britain. Should we look for an adviser here or in Britain and what steps should we take?

11 Mar 2013 - 4:32am

Falklanders aim to send message with referendum

Falkland Islanders promote the referendum. Photo: Xinhua

Residents of the archipelago in the South Atlantic hoisted British and Falklands flags and even created a giant "YES" made of SUVs ahead of the vote. In a move instigated by residents themselves, 1,672 eligible voters are being asked whether they want the Falklands to remain an internally self-governing British overseas territory.

11 Mar 2013 - 6:01am

China seeks accord on yuan-sterling swaps with UK

Fang Fang says a yuan-sterling swap deal will help spur offshore yuan trade in Europe. Photo: Simon Song

China is poised to set up a currency swap agreement with the world's largest foreign exchange market in London as the yuan is expected to become the most commonly traded currency in the next decade, a senior executive of JP Morgan said in Beijing yesterday.

8 Mar 2013 - 5:33am

China and Britain to sign yuan-pound swap deal

BOE governor Mervyn King. Photo: Bloomberg

BOE governor Mervyn King and his PBOC counterpart, Zhou Xiaochuan, met in Beijing yesterday. Both central banks will "facilitate" talks on the yuan-pound arrangement, the BOE said.

23 Feb 2013 - 6:39am

UK minister Theresa May blasts judges for ignoring deportation rules

Britain's Home Secretary Theresa May. Photo: Reuters

Britain's interior minister has slammed the judiciary, accusing judges of "subverting" democracy by ignoring rules aimed at deporting more foreign criminals.

18 Feb 2013 - 5:00am

British government 'split' over relations with China

Britain's Prime Minister David Cameron. Photo: Reuters

Prime Minister David Cameron and finance minister George Osborne are keen to avoid raising tension with Beijing due to concerns that escalating hostility could damage trade ties.

18 Feb 2013 - 6:04am

UK keeps GCSE, but no effect on Hong Kong schools

Britain's education secretary Michael Gove announced yesterday he has abandoned plans to replace the GCSE with a new English Baccalaureate certificate after growing concern within the coalition and from education groups.

8 Feb 2013 - 4:23am

Gay asylum seekers in UK resort to extreme measures to prove sexuality

Travellers queue to be processed by UK Border Agency immigration control officers at Heathrow airport in London. Photo: Reuters

In a lecture to be delivered this week at the Law Society, S. Chelvan, a barrister who specialises in asylum cases and works with the UK Border Agency (UKBA), will detail the extraordinary methods to which individuals are resorting - including filming themselves having sex - to justify requests for refuge.

5 Feb 2013 - 7:20am

Academic outraged at request for hukou in UK visa application

Professor Yu Jianrong. Photo: May Tse

A prominent mainland rural affairs expert has called on the British embassy in Beijing to change its visa-application policies after he was asked to provide a household registration document to travel to the country.

20 Jan 2013 - 7:41am 6 comments

Leveson's proposal raises issues of press freedom and responsibility

Leveson called for legislation to underpin a new regulator for Britain's "outrageous" newspapers.

The phone-hacking scandal at Rupert Murdoch's News of the World tabloid in London made headlines around the globe. Now, Lord Justice Leveson's proposal for an independent media regulator, backed by new laws, has ramifications for freedom of speech and information that also go well beyond Britain's borders.

1 Dec 2012 - 2:41am 1 comment

Huawei set to invest £1.2b in UK telecoms market

Huawei Technologies hopes to create 700 UK jobs. Photo: Bloomberg

Huawei Technologies, the world's second-largest supplier of telecommunications equipment, announced yesterday a £1.2 billion (HK$14.9 billion) investment in Britain.

12 Sep 2012 - 2:01am

Royal plea over Prince Harry nude photos

The Sun's front page with its own version of the Harry photo.

British newspapers have shied away from publishing nude photos of Prince Harry cavorting with friends in Las Vegas, after a warning was issued to editors by the royal family.

The photographs, published this week by US-based celebrity news website showed the third-in-line to the throne naked in a hotel suite.

24 Aug 2012 - 3:49am

Ecuador defies Britain, grants asylum to Julian Assange

A barrier with a Free Assange posters are seen opposite the Ecuadorean Embassy in London August 14, 2012. REUTERS/Ki Price

LONDON/QUITO (Reuters) - Ecuador granted political asylum to Julian Assange on Thursday, ratcheting up tension in a standoff with Britain which has warned it could revoke the diplomatic status of Quito's embassy in London to allow the extradition of the WikiLeaks founder.

16 Aug 2012 - 9:41pm