Business

UK energy bill payers will hand over £2bn a year in subsidies to EDF, the French company building two nuclear power stations, according to government figures. EDF, owned by the French government, will be entitled to £1bn in annual payments as soon as Hinkley Point C, in Somerset, comes on to the grid in 2030. The sum is due under ...

For Europe, money is as crucial to Ukraine’s survival as weapons and intelligence. But the EU’s most realistic funding solution relies on accessing billions of dollars in frozen Russian assets — the same assets U.S. President Donald Trump has suggested taking control of. An early draft of Trump’s 28-point peace proposal envisioned a reconstruction fund for Ukraine managed by the ...

Bangladesh’s gross foreign exchange reserves surpassed $31.1 billion on Tuesday, buoyed by robust remittance inflows from overseas workers, according to an updated report released by Bangladesh Bank (BB). The central bank reported that remittances for the first 24 days of November totaled $2.34 billion, averaging around $97 million per day. This brings the cumulative remittances for the current fiscal year ...

Heathrow Airport’s plan for a third runway, which involves moving the M25 motorway, has been chosen by the government. Two plans had been under consideration – one from the airport itself, and another from Arora Group, led by hotel tycoon Surinder Arora. Heathrow had proposed a new runway which would be up to 3.5km (2.2 miles) long and require a ...

Commuters using Dhaka’s popular Metro Rail can now recharge their MRT and Rapid Pass cards online following the launch of a remote top-up system. They will no longer need to stand in long queues at stations to top up their permanent travel cards. The service was inaugurated on Tuesday morning at Agargaon Metro Station by Sheikh Moinuddin, special assistant to ...

The Advisers Council Committee on Government Purchase on Monday approved a major proposal involving Tk 10,979 crore for the import of refined fuel oil for the January–June 2026 period. The approval came from a meeting of Advisers Council Committee on Government Purchase at the Cabinet Division Conference Room at the Secretariat with Finance Adviser Dr Salehuddin Ahmed in the chair. ...

The Bangladesh Krishi Bank (BKB) on Sunday inaugurated a foundation training course for Senior Officers and Officers (Batch No. 26 & 27 for 2025–2026) at BKB Staff College auditorium in the capital’s Mirpur area. The programme was chaired by A.H.M. Mahbubul Baset Bhuyan, Principal of the Staff College. Nazma Mobarek, Secretary of the Financial Institutions Division, joined the event virtually ...

Bangladesh Bank has stopped providing all direct customer services from the sale of savings certificates and prize bonds to the exchange of torn notes and automated invoices. The decision applies simultaneously to all offices, including Motijheel, according to statement issued on Thursday (November 19). The order is effective from Sunday (November 23). No central bank in the world provides such ...

Victims of fraud are being failed by the criminal justice system, charities are warning, as new analysis suggests only a fraction of reports result in a prosecution. There were 1.2 million recorded cases of fraud in England and Wales in the 12 months to June, data from the National Fraud Intelligence Bureau shows. But in the same time frame fewer ...

Vietnam continues to lead the Association of Southeast Asian Nations (ASEAN) in consumer optimism, supported by a positive economic outlook and confidence in personal finances, Vietnam News Agency reported Friday, citing a study by Singapore-based United Overseas Bank (UOB). Vietnam posted the highest score in UOB’s ASEAN Consumer Sentiment Index at 67, well above the regional average of 54, according ...