United Kingdom
UK finance minister backs expansion of London’s Heathrow Airport to boost struggling economy
British Airways Boeing 787-8 Dreamliner aircraft spotted flying on final approach over the roofs of the houses of Myrtle avenue for landing at London Heathrow Airport LHR in the UK. Nurphoto | Nurphoto | Getty Images U.K. Finance Minister Rachel Reeves on Wednesday unveiled plans to deliver a shot in the arm for the country’s […]
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British firms have been plagued by profit warnings and sliding output — and many aren’t hopeful for an imminent recovery
A woman walks along Waterloo Bridge past the City of London skyline, the capital’s financial district, as the sky clears following several weeks of mostly gloomy weather. (Photo by Vuk Valcic/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images British businesses are expecting more price rises, further hiring cutbacks and continued output […]
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Here’s why Trump’s pursuit of Greenland is really about the control over the Arctic
President Donald Trump has reiterated his desire to buy Greenland, and refused to rule out using military or economic coercion to achieve his goal of controlling the autonomous territory of Denmark. . However, the United States isn’t the only country with an eye on the region. In 2018, a Chinese state-owned company bid roughly $550 […]
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UK’s Reeves says she will take action to meet fiscal rules
British Chancellor of the Exchequer Rachel Reeves listens during the 11th China-UK Economic And Financial Dialogue on January 11, 2025 in Beijing, China. Pool | Getty Images News | Getty Images British finance minister Rachel Reeves said on Saturday that she would take action to ensure that the government meets its fiscal rules announced in […]
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Ubisoft drops 8% after appointing advisors to review strategic options; European markets trade lower
European markets opened lower on Friday, as investors monitor economic data and ongoing turbulence in the U.K.’s debt markets. The pan-European Stoxx 600 index was down 0.1% shortly after the opening bell, with most sectors and major bourses in negative territory. London’s FTSE 100 shed more than 0.1% during early morning deals. Shares of Ubisoft […]
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Want to invest in the UK? Barclays names 3 stocks to buy — giving 2 over 40% upside
There may be some questions about the strength of the U.K. economy right now, but Barclays continues to see investment opportunities in the country, naming small- and mid-cap stocks it is betting on right now. The benchmark FTSE 100 index logged returns of 5.7% in 2024, significantly below its U.S. counterparts, with the S & […]
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British luxury carmaker Rolls-Royce says super rich fueling a demand boom for bespoke models
The grill of a Rolls Royce motor car in view of residential properties in Mayfair in London, UK, on Monday, Oct. 28, 2024. Bloomberg | Bloomberg | Getty Images British luxury carmaker Rolls-Royce Motor Cars on Wednesday said it is investing over £300 million ($369.9 million) to expand its global headquarters, citing growing demand for […]
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UK’s long-term borrowing costs hit highest level since 1998
View looking towards the Royal Exchange and in the City of London where the glass architecture of the tower 22 Bishopsgate disappears into mist on 6th November 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images U.K. borrowing costs ticked higher on Tuesday, after an auction of 30-year Treasury gilts brought […]
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UK visitors from dozens of countries will have to pay a new entry fee starting this week
Pedestrians shelter from the rain under umbrellas as they pass the Elizabeth Tower, commonly known by the name of the clock’s bell, Big Ben, at the Palace of Westminster, home to the Houses of Parliament, in London on Feb. 22, 2024. Henry Nicholls | AFP | Getty Images If you’re traveling to the U.K. as […]
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Trump says Britain is ‘making a very big mistake’ with windfall tax on North Sea oil producers
The NKT Victoria cable laying ship operates off the coast of Marske by the Sea as it lays cable as part of the Sofia Offshore Wind Farm project on August 17, 2024 in Marske By The Sea, United Kingdom. Ian Forsyth | Getty Images News | Getty Images U.S. President-elect Donald Trump on Friday called […]
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