Bank Of England Holds Interest Rate, Warns On Inflation
The Bank of England on Thursday held its key interest rate and warned it will remain high to tackle inflation, indicating in contrast with the Federal Reserve that cuts were unlikely any time soon.
Bank of England's Financial Stability Report Highlights Resilience Amid Rising Interest Rates
The Bank of England recently released its Financial Stability Report, spotlighting the resilience of UK households and businesses in the face of escalating interest rates.
Women Leaders Have More Business Confidence Than Men
After decades of research into empowering women in business, a PNC survey reveals that the number of women who feel confident in running their business outnumbers that of men.
UK Household Financial Struggles Soar Amid Cost-of-Living Crisis
The latest research from the consumer group Which? unveiled that 9.8 per cent of surveyed households admitted to missing or defaulting on payments for loans, credit cards, housing, or household bills during that period.
Saudi Arabia Says 'Absolutely Not' To Oil Phaseout At COP28
Saudi Arabia's energy minister has slammed the door shut on agreeing to phase out fossil fuels at the UN's COP28 climate talks, setting the stage for difficult negotiations in Dubai.
Sunak Accused of Misrepresenting UK Climate Aid Ahead of COP28 Attendance
Charities and NGOs accuse the government of changing how it calculates climate spending to claim it will exceed targets.
UK To Probe Of UAE-backed Takeover Of Telegraph
The UK government said on Thursday it had triggered a formal probe on public interest grounds into the proposed sale of the Telegraph Media Group to an Abu Dhabi-backed investment fund.
UK Government To Intervene In the Telegraph Takeover Deal As Tories Worry About the Newspaper's Operations
Several Tory MPs have urged the UK government to intervene in the Telegraph takeover deal by UAE-backed investment fund, resulting in the Media Secretary writing a hard-hitting letter to the involved parties.
The Economy, Stupid? UK PM Sunak's 'Only' Chance Of Re-election
UK leader Rishi Sunak's hopes of turning around his beleaguered Conservative party's fortunes before a likely general election next year hinge on a British economic recovery, observers say.
UK Unveils Voter-friendly Budget With Election On Horizon
Britain's Conservative government launched plans Wednesday to stimulate growth and woo voters for the next general election, delivering a massive tax-cut sweetener for workers but also forecasting sharply lower growth and stubbornly high inflation.
China Ready To Be 'Partner And Friend' Of US: Xi
China is "ready to be a partner and friend of the United States," President Xi Jinping told US business leaders on Wednesday, as concerns mount over the country's slowing economy.
UK Inflation Falls Sharply, Relieving Pressure On PM Sunak
UK inflation hit the lowest level in two years last month after consumer prices fell sharper than expected on easing energy bills, official data showed Wednesday, relieving a cost-of-living crisis and pressure on embattled Prime Minister Rishi Sunak.
Argentina Needs Reform, But Milei's Anarcho-Capitalism Would Spell Disaster
Massa may have won the first round by a healthy 6% to the surprise of pollsters, but much of the remaining conservative base.
WeWork Bankruptcy a Warning to Others – What Can Be Learned
The loose culture that characterised WeWork should have served as an ominous warning sign but the board clearly missed or ignored it.
Trump To Testify At Civil Trial Targeting His New York Empire
Former president Donald Trump is expected to testify Monday in the New York civil case threatening to upend his real estate empire and deal him a damaging financial blow as he seeks to retake the White House next year.
Suit Charges Crypto Firms With Billion-dollar Fraud
New York's attorney general on Thursday filed a lawsuit accusing cryptocurrency firms Gemini and Genesis with fraud that wound up costing investors more than a billion dollars.
Revolutionising Finance: The Latest Trends in Fintech Innovation
There is a list of fintech trends to watch out for, as the rapid pace of fintech innovation is transforming finance for both businesses and consumers.
Best Banks in the UK 2023 - Personal Banking
Discover the best banks as rated by customers and experts
Warnings Of China's Collapse Are Premature As The Nation Still Has One Of The Largest Economies
A total collapse of China in the near term, even with many Western firms reducing their exposure to China's economy, would collapse the global economy, some experts believe.
UK Film and TV Crews Stage 'Crew Call for Change' Protest At the London Film Festival
BritCrewStories called the UK film and TV crews to join the strikes in the US by staging a red carpet demonstration at the London Film Festival.
New Student Finance Law Opens the Doors of Lifelong Upskilling for Employability
The UK government has passed a new student finance law keeping in mind the burden of student loans and the necessity of constant upskilling in the current job market.
Study finds that the cost of attending university will rise by £5,000 this year
A poll found that 85 per cent of the 500 undergraduates admitted to being concerned about being able to afford their upcoming term at university.
Trump pleads not guilty in Georgia election case
Former US president Donald Trump pleaded not guilty Thursday to charges that he led a criminal conspiracy to overturn his 2020 election loss in the southern state of Georgia.
UK financial institutions may unknowingly fuel gambling with risky £174 million loan
Proposed regulations dictate that losses amounting to £1,000 per day or £2,000 over nine months would prompt heightened interactions between gambling companies and customers.
Heat stress could threaten health of one billion cows
By the end of century, more than one billion cows worldwide could suffer from heat stress if global warming continues unabated, threatening their fertility, milk production and lives, according to research published on Thursday.
Stocks mixed as China rate cut fails to ease worries
Global stocks were mixed Monday with the tech-centered Nasdaq rallying after a Chinese rate cut failed to reassure investors worried about the outlook for the world's number two economy.
Most markets sink as China rate cut fails to ease economy worries
Most Asian markets fell Monday as China's decision to cut interest rates again failed to reassure investors, who are growing increasingly worried about the outlook for the world's number two economy.
UK annual inflation drops to 15-month low
Britain's annual inflation rate dropped sharply in July to a 15-month low, official data revealed Wednesday, off the back of lower energy prices and in line with economists' expectations.
British SMEs set to receive further support on how to become green and sustainable
A recently launched platform, the UK Business Climate Hub, will advise British SMEs on lowering their energy bills and minimising emissions to help go green and achieve net zero.
How does apprenticeship in the UK hospitality industry offer a way out in the cost-of-living crisis?
A recent survey by Greene King provides valuable insights on the market value of apprenticeship in the UK hospitality industry in the current cost-of-living crisis.