The European Central Bank (ECB) implemented its first interest rate cut since 2019 on Thursday, indicating progress in addressing inflation while acknowledging the battle is far from over. In its new forecasts
More
The head of Britain’s statistical watchdog, Robert Chote, has urged Prime Minister Rishi Sunak to clarify the source of his claims regarding the opposition Labour Party’s tax plans, suggesting that Sunak may
More
New car registrations in Britain experienced their 22nd consecutive month of growth in May, according to preliminary data released on Wednesday. This ongoing upward trend highlights a significant recovery and sustained demand
More
Billionaire John Caudwell, a major donor to the Conservative Party before the 2019 national election, has voiced his disillusionment with the party’s 14 years in power and is hesitant to support them
More
Three British energy companies have decided to delay the start of oil production at their joint-venture oilfield in the North Sea by a year, citing the need for clarity on fiscal policies
More
The Labour Party, which is anticipated to gain power in the upcoming British election, has confirmed meetings with Chinese-founded fast-fashion manufacturer Shein in anticipation of a potential London stock market listing. “Labour
More
On Monday, the Nasdaq and the S&P 500 edged higher as declining U.S. Treasury yields provided a boost to megacap growth stocks. Investors also digested data indicating that local manufacturing activity had
More
British businesses are displaying their highest level of confidence in eight years, with the strongest hiring intentions since 2017, a recent survey revealed. The findings, which come as a national election looms,
More
Britain’s car production dropped by 7% in April compared to the previous year, marking a second consecutive month of decline as manufacturers phased out existing models and more plants transitioned to electric
More
The owner of Britain’s Royal Mail has agreed to a £3.57 billion ($4.55 billion) takeover by Czech billionaire Daniel Kretinsky, announced on Wednesday. This deal will privatize one of the world’s oldest
More