Five banks under CMA Investigation for breaching UK competitive bonds law
The banks named in the recent report are Royal Bank Of Canada, HSBC, Deutsche Bank, Citi and Morgan Stanley. These banks allegedly participated in a series of one-to-one conversations in chatrooms, where they divulged sensitive information to traders.
British scientists develop AI model that can predict secondary breast cancer
Around 25 per cent of 100 women in England will survive their cancer for 5 years or more after they are diagnosed with stage 4 cancer.
Stocks sink over US debt ceiling concerns
Wall Street extended losses while European stocks suffered their biggest single-day loss since March, after Asia had also closed in the red.
UK inflation slides to 13-month low, stays elevated
UK food price inflation stood at 19 percent in April, around the highest level in more than 45 years.
Environmental Agency warns River Medway users to stay safe ahead of sweltering bank holiday
The Environmental Agency releases safety warnings for people looking to swim in the River Medway in East Farleigh, ahead of a sweltering bank holiday weekend.
IMF forecasts UK economic growth in major U-turn
The IMF ripped up its previous forecast in April for a 0.3-percent contraction.
Émigrés in war: Russian women in tech reflect from afar
Russians are some of the tech industry's most successful players. Tech may make them globally mobile, but they still lament for their country.
British legislation leaves cohabiting couples vulnerable after separation
The ONS revealed the most notable percentage change in cohabitation among people was in those aged 25 to 29 years, with an increase from 56.5 per cent in 2011 to 71.6 per cent in 2021.
Stock markets down as traders weigh inflation, rate hikes
Most European indices closed down as well, including the FTSE 100 in London which dipped into the red after earlier gains.
Bank of England lifts interest rate to 15-year high
Global policymakers are battling elevated inflation caused largely by runaway energy bills following last year's invasion of Ukraine by major oil and gas producer Russia.
UK interest rates raised for 12th time in a row to highest level for almost 15 years
UK interest rates have been raised for the 12th time in a row in a further attempt by the Bank of England to slow the rising cost of living, increasing the Bank's base rate from 4.25 to 4.5 per cent.
The 'rate of fraud is exploding' and AI has a crucial part to play
With Samsung banning AI tools like ChatGPT and the "rate of fraud is exploding", experts in the tech sector have mixed feelings about the growth of artificial intelligence.
Terrifying scenes as people wander to Beachy Head cliff edge amid structural dangers
The UK has three Bank Holidays this month.
UK bank Barclays profits from rising interest rates
The Bank of England and its global counterparts have ramped up interest rates to tackle sky-high inflation.
UK sees record sickness and zero productivity growth in 2022
Britain saw a record number of working days lost due to short-term sickness last year and zero annual growth in economic output per hour worked in the final quarter of 2022, according to official data released on Wednesday.
Bitcoin is more important to property rights than you think
We are entering a period where those who own Bitcoin can use it as a tool in trade to build trustworthy relationships, with its link to our property rights and the influence this has on society growing more apparent.
Oil dips 2% on economic woes and stronger dollar
Oil dropped 2% on Tuesday after two sessions of gains as deepening concerns of an economic slowdown and a stronger dollar outweighed hopes of higher Chinese demand and lower U.S.
UK children receiving food aid spikes to over one million: charity
In 2017-18 the figure was less than 500,000.
Rising energy costs have caused 40% of British firms to stop hiring
To mitigate the impact of the rising energy costs, some UK firms have halted their recruitment of new staff, and others are downsizing their workforce.
Inflation takes food prices nearly 9% higher than this time last year
Just when it looked like we reached a turning point in the fight against inflation, figures from last-month show its impacts are still biting retailers. Inflation has taken food prices 8.9% higher than this time last year.
More businesses are increasing days in the office - is remote work dying?
Mandating an increase in days in the office does not address why staff are reluctant to return, warns global workplace creation expert Unispace.
UK economy shows signs of recovery despite inflation's drag
British businesses reported their busiest month in a year and consumers turned more confident.
Over 20% of Brits are 'financially vulnerable', according to research
Research reveals 23 per cent of Britons are financially vulnerable due to cost of living pressure as analysts recommend open banking for navigating economic challenges.
Oil falls 2% on recession fears, swelling US fuel stocks
Oil prices slid by about $2 a barrel to their lowest level since late March on Thursday, dragged lower by fears a possible recession could dent fuel demand and after a rise in U.S.
UK consumer confidence highest since Feb 2022 as 'green shoots' emerge: GfK
British consumers were their most upbeat in more than a year this month, despite the surging cost of living, as they took a more positive view of their finances and the health of the wider economy, market research firm GfK said on Friday.
Westminster traffic wardens set to strike during coronation as high inflation fuels pay disputes
Adding to the recent wave of strike action across the UK in recent months, traffic wardens are set to strike during the King's coronation unless a pay dispute can be settled in time.
Cost of living crisis fuelling rise in cybercrimes, new research shows
Over a third of the organisations across the UK's critical national infrastructure (CNI) anticipate a rise in cybercrime as a direct result of the current economic crisis.
Achraf Hakimi's divorce tactics to keep fortune form ex-wife labelled 'fake news'
Hakimi reportedly put most of his assets under his mother's name.
Dollar gains on rising US yields, British inflation lifts pound
The dollar strengthened on Wednesday, lifted by rising Treasury yields, though the pound gained against the greenback after British inflation stayed above 10% in March and put more pressure on the Bank of England to keep raising rates.
UK records western Europe's highest inflation as March fall disappoints
Britain was the only country in western Europe with double-digit inflation in March after it fell less than expected, official data showed on Wednesday, bolstering bets that the Bank of England will raise interest rates again in May.