United Kingdom
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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Britain’s economy flatlined in the third quarter, revised figures show
Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City of London is widely referred to simply as the City is also colloquially known […]
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Is this London’s best kept cultural secret? A royal palace turned parking lot is reinventing itself — again
Models at designer Charles Jeffrey’s Loverboy show during London Fashion Week at Somerset House in June 2024. Jeffrey is a resident at Somerset House Studios. Stuart C. Wilson | Getty Images Somerset House has been a key part of London’s landscape for hundreds of years, with its grand architecture and prominent position close to the […]
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UK business confidence falls to lowest level in almost two years after Labour budget
Members of the public are seen shopping for Black Friday deals in Glasgow, Scotland. Jeff J Mitchell | Getty Images News | Getty Images LONDON — British businesses lost steam and pulled back on hiring last month, as industry reacted to the Labour government’s bumper tax-raising budget, new data showed Monday. Business confidence in the […]
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Britain forecast to reach peak gasoline this year in landmark moment for electric vehicles
The battery of an electric car is recharged at a roadside charging station on January 09, 2024 in London, England. Leon Neal | Getty Images News | Getty Images Britain is forecast to hit “peak petrol” in 2024, according to a new report, with electric vehicles (EVs) on track to assume a much bigger share […]
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Bank of England’s Bailey signals four interest rate cuts in 2025 if inflation cools
Andrew Bailey, governor of the Bank of England, at the central bank’s headquarters in the City of London, U.K., on Nov. 29, 2024. Hollie Adams | Bloomberg | Getty Images Bank of England Governor Andrew Bailey on Wednesday signaled that the U.K. could be on track for four interest rate cuts over the next year, […]
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Deaths of 6 travelers suspected to be caused by tainted alcohol. Here’s where incidents happen the most
Six travelers have died from suspected methanol poisoning after visiting the tourist town of Vang Vieng, Laos, this month. The travelers — two from Australia, two from Denmark, one from United Kingdom and one from United States — are believed to have consumed alcohol tainted with methanol, which is sometimes illegally added to regular or […]
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Britain’s motor finance industry is in crisis – with banks bracing for billions in payouts
Key Points Britain’s motor finance industry is in disarray, with analysts warning of worst-case scenarios similar in magnitude to the country’s costliest consumer banking scandal. The crisis stems back to a landmark judgement from the U.K.’s Court of Appeal in late October, when the court ruled it was unlawful for car dealers to receive bonuses […]
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