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 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...
United prevail as Newcastle hold chance for Europa League spot
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...
UK is back to growth after one of shortest slumps
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...
Chelsea clinch win with two late strikes
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...
UK can lead world in fintech with highest standards
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...
Chelsea dominate in thrashing of Hammers
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...
IMF predicts UK set to be Europe’s fastest growing economy
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...
City win keeps pressure on title race
Nottingham: Despite looking a little sluggish and not at their best against Nottingham Forest who were full of energy and ambition, City, scoring a goal in each half, registered a 2-0 win and with a...
Goal fest puts Arsenal clear on top of league
London, April 24Having inflicted an embarrassing 5-0 defeat on Chelsea, the Gunners have put themselves three points clear at the top of the Premier League. While their nearest rivals for the title...
Business output at highest level since May 2022.
Recent business surveys are pointing to a bright next few months for the UK as the economy finally feels the benefit of falling inflation. Economic output climbed to its highest level since May 2022...
Silva goal sees Manchester City in Final.
London: With just six minutes remaining of normal time and thoughts of extra time and a penalty shoot-out coming to mind – for the second time in three days for Manchester City – City finally...
End of UK recession now almost a certainty
The UK economy is gradually coming out of recession with GDP rising by just 0.1pc in February, official figures showed this week. The meagre growth, not helped by torrential rain that hit the...