British Prime Minister Theresa May is expected to give the most detailed insight yet into her government's approach to the forthcoming negotiations with Brussels on the UK's exit from the European Union in her much-anticipated speech tomorrow.
A minister in the UK Treasury has said that the dispute surrounding the USD 1.6 billion tax bill imposed on Scottish oil major Cairn Energy by Indian authorities will not affect UK investor confidence in India.
A meeting with British Prime Minister David Cameron is planned for tomorrow and likely to take place before the official unveiling ceremony for a statue of Mahatma Gandhi at Parliament Square.
Speaking exclusively to CNBC-TV18, UK chancellor George Osborne says India should have a predictable tax system but added he is not going to threaten retaliatory action over the proposed amendment.