United Kingdom

In the near future, Bitcoin (CRYPTO: BTC) may stand in stark contrast to the course that the rest of the world and fiat currencies may pursue, particularly the one of increasing supply, extra currency creation and central bank balance sheet growth, according to Fidelity Digital Assets. In the...

The rout in the financial market resulting from the U.K. government’s spending plan “suggests incompetence,” billionaire investor and founder of Bridgewater Associates, Ray Dalio, said in a series of tweets. “The panic selling you are now seeing that is leading to the...

Former Treasury Secretary Lawrence H. Summers has expressed his delight at the International Monetary Fund urging the United Kingdom to re-evaluate its unprecedented tax cuts. What Happened: Summers on Tuesday shared a Financial Times article that reported on the IMF...

In an effort to combat cybercrime, money laundering and "foreign kleptocrats," the Economic Crime and Corporate Transparency Bill was tabled in the U.K.’s Parliament. What Happened The Proceeds of Crime Act, a statute created in 2002 to combat money laundering, would be...

A man who tried grabbing the flag draped over Queen Elizabeth's coffin as she lay in state at the Westminster Hall did not believe she was dead, Westminster Magistrates' Court has heard, the BBC reported. What Happened: Muhammad Khan was nabbed by the London Police...

Rap musician Snoop Dogg shared an incident dating back to 1994 when Queen Elizabeth II came to his defense and saved him from being removed from the United Kingdom. What Happened: Dogg made the revelation in a conversation he shared on his Instagram profile. He said he was on tour in the U.K. while...

Queen Elizabeth II, the U.K’s longest reigning monarch and the head of the royal family for 70 years, died peacefully Thursday at Balmoral in Scotland. Flags across the royal residences, Whitehall, and other government buildings were lowered to half-mast as Buckingham Palace announced the...

Liz Truss, the 56th Prime Minister of the United Kingdom and Northern Ireland, is the third woman to hold the position after she received 81,326 votes to former Chancellor of the Exchequer Rishi Sunak's 60,399. Now that she is Prime Minister, replacing Boris Johnson, Truss will be tasked with...

Workers in the United Kingdom are set for the “worst real wage squeeze” among G7 nations, new Trade Union Congress (TUC) analysis of The Organization for Economic Cooperation and Development (OECD) figures revealed in mid-July, and one analyst thinks it’s safe to short European...

The U.K. gross domestic product shrank in the second quarter by 0.1% after having witnessed an expansion of 0.8% in the first quarter, according to official data. The contraction in GDP comes in the wake of the country staring at further potential rate hikes. Bank of England Deputy Governor Dave...

Firms listed in the United Kingdom are likely to make dividend payments to the tune of $115 billion this year as sterling’s weakness is expected to push up the translated value of dollar-declared payouts, according to Reuters, which cited a report by analytics company Link Group. The...

Inflation in the U.K. hit a new 40-year high with the consumer price index rising 9.4% annually. The U.K.’s Office for National Statistics stated that its indicative modeled consumer price inflation estimates “suggest that the CPI rate would last have been higher around 1982, where...

By Neil Debenham, Entrepreneur, Investor and CEO of Fintrex Following two years of economic turmoil triggered by the pandemic, many SMEs would have thought the worst was behind them. Yet 2022 has thrown a new wave of challenges which undermines the productivity, growth, and ultimately, survival of...

Prince Andrew, The Duke of York, has been banned from public return alongside some other members of the British Royal family at Monday's Order of the Garter ceremony. What Happened: Following the last-minute intervention by The Prince of Wales and The Duke of Cambridge, Prince Andrew's...

U.K. Prime Minister Boris Johnson is giving a final push to convince SoftBank-backed chip maker Arm Ltd to list in London instead of New York, according to a Financial Times report.  What Happened: To persuade Arm's Japanese owner, Johnson has written to the company to rethink its...