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...
Finance bosses choose Labour as election draws closer
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...
Banks face talent exodus as juniors do long hours
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...
UK to be concerned about workers who emigrate
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...
FCA cracks down on rogue firms with virtual offices
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...
Pressure on IMF to change gloomy forecast as UK bounces back
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...
Eurozone dodges recession amid German recovery
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...
Gunners win, agonise missing out on title
London, May 20 So 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...