author - oman observer

A little over a year ago, the governor of the Bank of England (BoE), Andrew Bailey, took the unusual step of warning that in his view, Brexit has undermined the British economy. He urged ministers to...

London has held on to its spot at the top of a closely watched index of European cities as other UK destinations move up the ranks. The capital has once again ranked number one on the 25th edition of...

It would be generally agreed that Britain faces a challenging economic context. Weak global demand, persistent inflation and high borrowing costs are squeezing both households and businesses....

As the UK faces up to the economic challenges it confronts as a country, it should remain optimistic about its ability to thrive in an uncertain world.Britain has four of the top 10 universities in...

Despite the somewhat grim prediction of the Treasury back around the time of the Brexit referendum, there have been some major success stories in Brexit Britain and manufacturing has been one of them....

Nearly half of business owners are still planning to reduce headcounts in response to chancellor Rachel Revers’ £25 billion tax hike on employers’ national insurance contributions (NICs), a new...

The UK is facing a “quiet but urgent crisis” on workplace sickness that costs the country around seven per cent of GDP each year, a review by former John Lewis boss Sir Charles Mayfield has found....

The manufacturing industry has warned the government to prioritise growth in the Budget as the sector fights back from a year-long downturn in the face of “existential threats”. Manufacturers have...

UK finance chiefs believe the country is falling behind rivals as costs are stacking up and squeezing profit margins, a new survey has shown, with further alarm bells ringing that businesses are...

Business confidence in the UK fell to a fresh record low, as fears of another cost squeeze stoked up an already dire operating environment that was found to have “worsened across the...

The UK government’s reform of anti-money laundering and counter-terrorism financing supervision will significantly change and diminish the roles of the legal regulator and HMRC. The treasury...

The government is waging an all-out war against red tape. But opinion in the financial district of London (known as the (‘City’) is divided about whether it will actually work.Since coming into...

In a bid to bring more AI tools to its customers the London Stock Exchange Group has struck a deal with software company Databricks. Finance workers will be able to add AI agents to their investment...

The International Monetary Fund (IMF) has urged governments to bear down on profligate spending after it found government debt was on course to reach 100 per cent of global GDP within the next five...

With the aim to provide UK citizens and legal residents with a smartphone-based identity card, the Prime Minister, Keir Starmer has announced plans for a digital ID system, or so-called ‘Brit...

London is now within a whisker of ousting New York as the world’s leading financial hub, new rankings reveal, but risks remain over the capital’s fintech prospects. The UK capital is at the heels...

The chiefs of two of UK’s biggest businesses have sounded the alarm over rising costs, regulation and economic uncertainty amidst mounting concern the Chancellor will inflict further damage to the...

The UK economy was hit by a “litany of worrying news” in the three months to September with thousands of jobs lost ahead of Chancellor Rachel Reeves’ second autumn Budget. The latest ‘flash’...

The UK has lost the most billionaires of any country in the world over the last couple of years, new data has shown, exacerbating fears that the UK’s free-moving super-rich residents would continue...

Competition in dealmaking remains intense while Japanese bank Mizuho looks to break into the top 10 investment banks in Europe after making a handful of dealmaking acquisitions.Mizuho wants to emulate...