United Kingdom

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…

WikiLeaks founder Julian Assange will not be immediately extradited to the U.S., British court rules

WikiLeaks founder Julian Assange on Tuesday was granted permission by a U.K. court to appeal his extradition to the U.S.,…