The global Arms Trade Treaty (ATT) will enter into force on Wednesday, marking a breakthrough for human rights after more than two decades of campaigning by human rights organizations and NGOs around the world. As the first-ever legally binding treaty of its kind, it will block the flow of arms to governments that would use them to commit atrocities, and could save the lives of millions. The A
The U.K. budget deficit narrowed in November, yet a considerable improvement is required to meet the government's fiscal target for 2014/15. Public sector net borrowing excluding interventions declined by GBP 1.6 billion from last year to GBP 14.1 billion in November, the Office for National Statistics reported Friday. Economists had forecast the shortfall to total GBP 15.1 billion.
Irish airline Aer Lingus said it has rejected a takeover offer from British Airways parent company International Consolidated Airlines Group SA, as the offer undervalues the company.
U.K. retail sales growth accelerated unexpectedly in November as consumers boosted their spending on "Black Friday" a day after Thanksgiving, marking the start of the holiday season. Retail sales volume including automotive fuel increased 1.6 percent from October, the Office for National Statistics said Thursday. This was the biggest monthly rise since last December.