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    • Liz Truss defied the markets, and they ruthlessly sealed her fate

      The prime minister’s fatal miscalculation, experts said, was to believe that Britain could defy the gravity of the markets by passing sweeping tax cuts, without corresponding spending cuts, at a time when inflation is running in double digits and interest rates were rising.

    • What led to the UK bond market meltdown? | UK Tax Cut U-Turn

      What went so wrong in the UK bond market that it led to a complete turmoil for weeks? Why was the UK finance minister replaced and why were the tax cuts reversed? Most importantly, what has been the impact of this meltdown on other countries -- and will the markets be satisfied with the UK government's new moves? Latha Venkatesh explains!

    • European stocks rally as UK's U-turn on tax cuts settles nerves

      Britain's new finance minister Jeremy Hunt announced he was reversing "almost all" the tax measures laid out by Prime Minister Liz Truss and his predecessor Kwasi Kwarteng just three weeks ago.

    • UK markets rattled by new government’s tax and spending policies

      The value of British stocks, bonds and the pound sank to new lows against the dollar, not seen since 1985.

    • Dr Reddy's Laboratories launches Sorafenib tablets in UK market

      "We are pleased to launch this important generic product, illustrating our continued commitment to bring affordable generic medicines to market for patients," Dr Reddy's Laboratories Inc North America Generics CEO Marc Kikuchi said in a statement.

    • UTV STARS enters UK market

      UTV STARS today entered the UK market as a free-to-air speciality entertainment channel named UMP STARS, dedicated exclusively to Bollywood.

    • Expecting growth in profitability in few quarters: Mastek

      Mastek recently won an eight million pound multi-year order which will boost the business. Fareed Kazani, group Chief Financial Officer & Director Finance says that he is expecting the order to be delivered by June 2012, after which the company has hopes of expanding its business.

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