Finance News - Emigrate UK
This is the category page for all Finance news here on emigrate.co.uk, where you can view all the Finance emigration news.
Best euro exchange rate in years helps holidaymakers, overseas pensions and foreign property payments
The recent developments in the Eurozone have seen a steady increase in the pound euro exchange rate. Many currency exchange bureaux are currently offering a record high of 1.2 to holiday makers travelling to Europe, something not seen for many years.
The Sterling strengthening also sees the many pensioners who have emigrated to Europe...
Immigrants Putting Brits Out Of Work
Recently, a number of people have been claiming that immigrants are taking away jobs from hard-working Brits. Now there has been a new study that supports these claims. Apparently, for every four immigrants who come to the UK from outside the European Union, one British worker is pushed out of a job. This information was brought to light by a...
Etihad Airways deal expands route network
Leading Middle Eastern carrier Etihad Airways has announced it will increase its network size with a tie-up with Air Berlin. Etihad says it will increase its stake in Germany’s second airline to nearly 30 per cent.
The deal also encompasses code-sharing with the German airline’s partners, Austrian budget carrier Niki Luftfahrt and...
Qantas denies tie up with Malaysian Airlines
Qantas boss Alan Joyce has denied the airline has scrapped plans to set up a full-service Asian airline in favour of a link up with the Malaysian national flag carrier. He said that Qantas was still negotiating with Malaysia and Singapore with a view to establishing a brand new airline to service the business sector on the Asian...
UK Blocks Some 2,000 Indian Banks from the Student Visa Process
Reports now show that the UK is in the middle of blocking close to 2,000 banks. These banks will be blacklisted as of November 24. Apparently, they have been named as 'financial institutions that do not satisfactorily verify financial statements.' This means the UK Border Agency has 'no choice but to block them.'
So, what does this mean...
Illegal Immigrant Costs Taxpayers £100,000 After Hospital Stay
According to recent reports, an illegal immigrant who lived in the hospital for more than a year has cost British taxpayers about £100,000. Apparently, the hospital was not able discharge him because of 'red tape'.
This Pakistani national, who has been left unnamed, has a visa to visit the UK that expired back in September of 2007....
UK Taxpayers Could Pay Money to Guilty Asylum Seeker
If there is one thing that needs help in the UK, it's the asylum system. In fact, just recently it was reported that an asylum seeker who has been found guilty of 26 crimes could win damages in the UK. This would mean that taxpayers would actually end up paying him for his 'unlawful detention'.
This case may sound similar to other cases in...
Fontana Restaurant Fined for Employing Illegal Workers
For some reason, companies in the UK continue to think that they will be able to get away with hiring illegal workers. Just recently, another business was busted. This time it was the Fontana restaurant on High Street. This restaurant was fined for employing two illegal immigrants who had no right to work in the UK.
Officials from the UK...
Housing for Migrants Costs £1 Billion a Year
Reports now show that the cost for providing social housing for migrants does not come cheap. In fact, it is said to cost close to one billion pounds a year. Officials said that this cost is likely to go on for the next 25 years.
According to MigrationWatch UK, some 45 extra homes will need to be built every day for migrants. This is the...
Legal Costs for Asylum Seekers Start to Add Up
If there is one thing that goes up with having more asylum seekers, it's costs. Reports have just recently shown that more than £14 million was paid out in legal costs and compensation to asylum seekers last year. This news has a lot of people, who were already worried about migrants, even more on the edge.
The UK Border Agency paid a...
