United Kingdom

Liz Truss, the 56th Prime Minister of the United Kingdom and Northern Ireland, is the third woman to hold the position after she received 81,326 votes to former Chancellor of the Exchequer Rishi Sunak's 60,399. Now that she is Prime Minister, replacing Boris Johnson, Truss will be tasked with...

Workers in the United Kingdom are set for the “worst real wage squeeze” among G7 nations, new Trade Union Congress (TUC) analysis of The Organization for Economic Cooperation and Development (OECD) figures revealed in mid-July, and one analyst thinks it’s safe to short European...

The U.K. gross domestic product shrank in the second quarter by 0.1% after having witnessed an expansion of 0.8% in the first quarter, according to official data. The contraction in GDP comes in the wake of the country staring at further potential rate hikes. Bank of England Deputy Governor Dave...

Firms listed in the United Kingdom are likely to make dividend payments to the tune of $115 billion this year as sterling’s weakness is expected to push up the translated value of dollar-declared payouts, according to Reuters, which cited a report by analytics company Link Group. The...

Inflation in the U.K. hit a new 40-year high with the consumer price index rising 9.4% annually. The U.K.’s Office for National Statistics stated that its indicative modeled consumer price inflation estimates “suggest that the CPI rate would last have been higher around 1982, where...

By Neil Debenham, Entrepreneur, Investor and CEO of Fintrex Following two years of economic turmoil triggered by the pandemic, many SMEs would have thought the worst was behind them. Yet 2022 has thrown a new wave of challenges which undermines the productivity, growth, and ultimately, survival of...

Prince Andrew, The Duke of York, has been banned from public return alongside some other members of the British Royal family at Monday's Order of the Garter ceremony. What Happened: Following the last-minute intervention by The Prince of Wales and The Duke of Cambridge, Prince Andrew's...

U.K. Prime Minister Boris Johnson is giving a final push to convince SoftBank-backed chip maker Arm Ltd to list in London instead of New York, according to a Financial Times report.  What Happened: To persuade Arm's Japanese owner, Johnson has written to the company to rethink its...

Dogecoin (CRYPTO: DOGE) rival Floki Inu (CRYPTO: FLOKI) has begun an "aggressive" marketing campaign in London, plastering advertisements around the city's infamous tube station and red buses. What Happened: The meme coin in a blog note titled "Floki Returns to London with...

Britain's annual consumer price inflation rate soared to its highest level in three decades in March as rising food and energy prices squeezed consumer pockets. According to the Office for National Statistics, the annual inflation rate climbed to 7% in March from 6.2% in February — the...

Metropolitan Police has slapped a fine on British Prime Minister Boris Jhonson and Chancellor of the Exchequer Rishi Sunak for violating COVID-19 laws during the lockdown in what has become known as the "partygate" scandal. The PM and the chancellor came under fire after a senior...

The United Kingdom Culture Secretary of State, Nadine Dorries, announced that the government is continuing ahead with its decision to privatize the British free-to-air public-service television network Channel 4, after 40 years of public ownership. Dorries said the privatization would help the...

Two European countries saw a strong market share for electric vehicles in the month of November. The growth of electric vehicles comes as countries are banning non-electric vehicles in the future. Here is a look at how the two countries are growing and what brands are winning. United Kingdom: In...

Shares of COVID-19 vaccine maker AstraZeneca PLC (NASDAQ: AZN) along with other multinational British companies such as Unilever PLC (NYSE: UL), Diageo PLC (NYSE: DEO), HSBC Holdings PLC (NYSE: HSBC), and Royal Dutch Shell PLC (NYSE: RDS-A), all experienced a drop in their stock prices on...

The Indian equity market is poised to overtake the United Kingdom's in terms of overall value to become the fifth largest market in the world.  What Happened: India's market capitalization has increased 36% this year, fueled mainly by retail investors and record low interests rates,...