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Under pressure, Starmer pledges to cut immigration to UK
Financial Express Chennai
|May 13, 2025
PRIME MINISTER KEIR Starmer promised on Monday to cut net migration to Britain significantly over the next four years, saying the country risked becoming "an island of strangers" if it could not maintain social cohesion.
Controlling immigration was a key factor in Britain's 2016 vote to leave the European Union, yet net arrivals reached record levels after it left the bloc, helping to boost Nigel Farage's right-wing, anti-immigration Reform UK party.
In a sweeping set of immigration reforms, the government said it would increase English-speaking requirements for immigrants, make it harder for them to stay in the country, and prevent companies including care homes from recruiting abroad.
Automatic citizenship will only be granted to someone who has lived in Britain for 10 years, not five, and skilled worker visas will be restricted to graduate-level applicants.
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Financial Express Chennai
Unsold homes rise 4% in 2025
UNSOLD HOUSING UNITS rose 4% to nearly 577,000 units last year across 7 major cities as supply of new homes exceeded demand, according to Anarock.
1 min
January 05, 2026
Financial Express Chennai
'Tax hike raises tobacco smuggling risk'
AN UNPRECEDENTED TAX hike, coupled with a new excise duty structure on tobacco, could lead to a surge in illicit trade of cigarettes and result in significant tax revenue losses for the country, experts said.
1 min
January 05, 2026
Financial Express Chennai
Govt likely to introduce Seed Bill in Budget session
TO ENSURE QUALITY and traceability while curbing spurious sales, the government is likely to introduce the Seed Bill in Parliament in the forthcoming budget session, an agriculture ministry official said on Sunday.
1 min
January 05, 2026
Financial Express Chennai
'Expect top line to grow 70-80% in FY26'
After a year spent regaining momentum following a regulatory freeze, Cashfree Payments is starting to see payoffs from investments it made earlier, particularly in cross-border payments.
1 mins
January 05, 2026
Financial Express Chennai
Romance, mediated by AI
THE RESPONSES CAME quick, but polished.
2 mins
January 05, 2026
Financial Express Chennai
Maduro sits in US custody, loyalists defiant
VENEZUELA'S TOPPLED LEADER Nicolas Maduro was in a New York detention center on Sunday awaiting drug charges after President Donald Trump ordered an audacious raid to capture him, saying the US would take control of the oil-producing nation.
1 mins
January 05, 2026
Financial Express Chennai
OPEC+ keeps output steady
OPEC+ KEPT OIL output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group's members.
1 min
January 05, 2026
Financial Express Chennai
Without reforms, 2026 could be another damp squib for equities
GLOBAL HEADWINDS
2 mins
January 05, 2026
Financial Express Chennai
IT results may underline resilience, not recovery
LARGE-CAP DOMESTIC
1 min
January 05, 2026
Financial Express Chennai
India Inc ...
AT TATA SONS, Chairman N Chandrasekaran in his New Year message to employees, reiterated the group's focus on adopting AI across functions to improve execution, signalling that AI is now viewed as an enterprise-wide lever rather than an experimental tool.
1 min
January 05, 2026
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