author - oman observer

The chancellor, Rachel Reeves, just days into the job, already knew the economy had jumped into growth back in May, according to official figures earlier this month.GDP was up by 0.4 per cent in that...

Economic growth in the UK will be little to shout about in 2024, according to new forecasts from the International Monetary Fund (IMF), and policymakers should be wary of stubborn services...

Revolut, the global neobank and financial technology company with headquarters in London, reports that its branch in Ireland finds that most scams reported to them start on three social media...

England: West Indies suffered a comprehensive defeat by an innings and 114 runs within two days and an hour of play on the third day against England in the first Test of the three-Test series. With...

Andy JalilEngland, July 11The first day of the first test at Lord’s usually signals the start of the English summer in earnest. But it didn’t quite look like it this time with conditions grim and...

The Labour Party’s landslide election victory has somewhat coincided with the UK economy showing signs of progressing in the right direction. The inflation figures for May released just over a...

The European Union’s (EU) crackdown on the practices of Big Tech stepped up a gear this week after social media giant Meta braced for as much as £10 billion in fines for an alleged violation of...

Several top financial services figures have strongly backed the Labour Party while campaigning for the UK general election gathered force. Electoral commission records and conversations with donors...

Investment banks are facing a fresh retention crisis in their junior ranks as the sector battles renewed scrutiny of brutal working hours. Most junior dealmakers are regularly clocking weekly working...

With the ensuing general election in the UK, recent migration statistics reaffirmed the issue’s place on the political agenda. As a result of a post-Brexit surge in non-EU immigration, as well as...

The Financial Conduct Authority (FCA) is rejecting the requests of firms in the financial district of London – known as the ‘City’ – to use virtual offices as their main addresses, as the...

The International Monetary Fund (IMF) came under pressure last week to revise its gloomy forecasts for Britain. Figures showed the economy rose back to growth at the start of the year and that was...

The eurozone grew faster than expected in the first quarter 2024 thanks to a recovery in Germany, bringing a shallow recession to an end. According to figures released by Eurostat, the eurozone grew...

London, May 20So close yet so far for Arsenal as they missed out on the Premier League crown for the second consecutive year. A loss or even a draw against West Ham for Manchester City in their final...

Manchester, May 16Despite their 3-2 defeat by Manchester United, Newcastle could still qualify for a place in Europa League going into their last game of the season this week.With United, currently in...

The British economy surged back to growth in a major boost to Prime Minister Rishi Sunak just a week after the Conservatives suffered local election drubbing across the country. After one of the...

Nottingham: Chelsea emerged victorious, 3-2, in a match of much significance for both sides. With two games remaining, Nottingham Forest, although defeated, should still avoid relegation after Luton...

The fintech landscape has not only transformed over the last few years, but the industry has also transformed the whole of the UK’s financial and professional services sector, of which it is now an...

London: Having suffered early-season defeat to West Ham, Chelsea hit back strongly in the return fixture with a 5-0 win at home. It was Chelsea’s second successive London derby victory in three days...

The UK economy is set to stage a modest recovery in 2025 thanks to falling inflation, new forecasts from the International Monetary Fund (IMF) suggest. In its latest World Economic Outlook, the body...