Category: UKs
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UK’s new Treasury chief says previous government ‘covered up’ financial turmoil ahead of election
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Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Danica Kirka Published on July 29, 2024 • Read for 3 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content LONDON (AP) — Britain’s new Chancellor of the…
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UK’s flash composite PMI reading at 52.7 in July
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Joseph Clark The seasonally adjusted global PMI for the UK rose from 52.3 in June to 52.7 in July, slightly higher than 52.6. The services PMI came in at 52.4, up from 52.1 in June, its highest level in two months. flash The manufacturing PMI came in at 51.8, up…
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Biden called to congratulate UK’s Starmer, White House says By Reuters
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WASHINGTON (Reuters) – U.S. President Joe Biden called Britain’s new Prime Minister Keir Starmer on Friday to congratulate him after his Labour Party’s landslide victory in parliamentary elections, the White House said. “The two leaders affirmed the special relationship between our two countries and the importance of working together to…
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UK’s Labour sweeps to power as Rishi Sunak concedes election defeat
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Keir Starmer will be Britain’s next prime minister, and his Labour Party is expected to win a large majority in the parliamentary election, ending 14 years of often turbulent Conservative government by defeating Rishi Sunak’s party. While there are still many results to be announced from Thursday’s vote, the centre-left…
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Wealthy Britons disillusioned with UK’s business environment, survey reveals
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With polls opening in less than 24 hours, Wealth Club, an investment platform for wealthy and sophisticated investors, has revealed its inaugural UK Wealth Report. The study highlights the current sentiments of UK HNWIs regarding wealth creation, tax policies and the attractiveness of the UK as a business hub. Nicholas…
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UK’s Energy Security at Risk Due to Political Policies, Warns Serica Energy
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Rishi Sunak and Sir Keir Starmer are putting the offshore oil industry at risk and undermining Britain’s energy security, according to a leading oil and gas firm. David Lattin, the chairman of Serica Energy, has been highly critical, saying that unpredictable taxes and political opposition have made the UK the…
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Revolut Enters The Crypto Exchange Arena By Launching Revolut X; UK’s Newest Digital Asset Trading Platform
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Image from Coin Journal In the rapidly evolving world of digital finance, the emergence of dedicated cryptocurrency exchanges has become an important trend, as traditional financial institutions increasingly embrace the potential of this thriving market. One such player that has recently made its foray into the cryptocurrency exchange scene is…