Drought of crypto firms continues amid FCA criticism
The Financial Conduct Authority (FCA) has gone six months without registering a crypto firm amid criticism that its tough approach to regulation poses a risk to the UK’s competitiveness in digital...
Dealmakers await rebound after election hits M&A
The deals advisors in the financial district of London (known as the ‘City’) are gearing up for a rebound in activity in the closing months of the year after election uncertainty pushed mergers...
England batting collapse leaves third Test nicely poised
London, Sept 8 With the England second innings suffering an astonishing collapse on the third day of the third Test against Sri Lanka the Test appears to be wide open for a result with Sri Lanka two...
England have Sri Lanka struggling in third test
London: England have taken early control of the third Test with Sri Lanka struggling in their first innings – at the time of going to press at tea – on the second day on 142 for five in response...
Duckett leads England to fine start
London: An excellent innings of 86 from 79 balls from Ben Duckett took England to 156 for two, at the time of going to press, shortly before tea on the first day of the third Test, interrupted by bad...
New government to push ahead with audit reform
Among the UK Labour government’s priorities for the economy is the push to bring forward a bill to strengthen audit and corporate governance. The sector has been battered by scandals including...
Sri Lanka struggle after Atkinson century
A magnificent innings of 118 from just 115 balls by Gus Atkinson, the sixth fastest century scored at Lord’s, ensured that England reached an impressive total of 427 before being dismissed just over...
Sri Lanka attack keep check on England scoring
LORD'S, August 29 England had been attempting to build their innings after early loss of wickets with Sri Lanka restricting the scoring with well controlled bowling and excellent fielding. At tea on...
UK is preferable to investors with EU out of favour
The top choice among European investors is now the London Stock Exchange while sentiment towards the single currency bloc falls. In a vote of confidence in Britain, a survey by Bank of America (BoA)...
Wage rise slows raising hopes of further rate cuts
Wage growth has fallen to a two-year low of 5.4 per cent in the UK raising hopes of a further interest rate cut in the autumn, latest figures revealed. Data from the Office for National Statistics...
City ease into new campaign with win
London: Having won four consecutive Premier League titles, Manchester City opened their defence of the champion’s title with a 2-0 win over Chelsea. Setting them on their path to victory was Erling...
Visa review for skilled workers to control migration
Visa requirements for skilled workers in IT, telecommunications and engineering to come to the UK could be tightened up, Home Minister Yvette Cooper has signalled. Changes could include raising the...
Business services now UK’s largest export sector
The business prowess of firms in the financial district of London (known as “The City’) has helped power the UK’s strength in services since Brexit, a new report shows, but overall trade has...
Boost for new chancellor as economy gets stronger
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...
Stubborn inflation could hold back UK growth
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 inflation. ...
Revolut says most scams originate on social media
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 wrap up first Test with innings victory
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...
England take control after West collapse
Andy Jalil England, July 11 The 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...
Data showing positive signs of economic growth
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...
Meta facing heavy fines over ‘breach’ of EU rules
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...