Bank of England’s Bailey signals four interest rate cuts in 2025 if inflation cools
Andrew Bailey, governor of the Bank of England, at the central bank’s headquarters in the City of London, U.K., on…
UK car finance industry in crisis, with banks bracing for mega payouts
View looking towards the Royal Exchange and in the City of London where the glass architecture of the tower 22…
UK’s Labour hikes capital gains tax by less than feared
On Monday, British tech lobby group Startup Coalition warned in a blog post that there was a risk Reeves’ tax…
UK suspends some arms export licenses to Israel
LONDON — British Foreign Minister David Lammy said Monday the country would immediately suspend some arms export licenses to Israel…
UK finance chief says public finances show $28 billion spending hole, cuts road and rail projects
Britain’s Finance Minister Rachel Reeves on Monday announced a raft of project cuts after detailing how the newly elected Labour…
Wealth in Turkey grew the most in the world at 157% despite soaring inflation, according to ranking
Turkey came out miles ahead of the rest of the world in an annual global wealth ranking — in a…
U.S. adds six companies to trade restriction list, four for training China’s military
The United States added six companies to its trade restriction list on Tuesday, including four for their links to the training of China’s military forces, according to a government posting. Two of the companies are in…
UK’s Rishi Sunak pledges £17 billion in tax cuts by 2030, looking to bounce back from D-Day gaffe
LONDON — British Prime Minister Rishi Sunak released his Conservative Party’s official election manifesto on Tuesday, announcing help for first-time homebuyers…
Leader of world’s ‘most prolific ransomware group’ charged in Lockbit case — $10 million reward for his arrest
Federal prosecutors on Tuesday announced criminal charges against a Russian national, Dmitry Yuryevich Khoroshev, for allegedly creating, developing and administrating…
U.S. unveils new sanctions targeting Iran’s drone program following Israel attack
The Biden administration on Thursday announced new sanctions targeting Iran’s drone program for its recent attack on Israel. The sanctions…
