Economic News UK

uk firms funded by offshore Windmill

A £100m fund seeks to enhance UK firms

A  £100m fund has been established to aid UK firms capitalize on the boom in offshore wind. With the United Kingdom 

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Brexit

Britain’s bankers call for additional support, tax cuts after Brexit 

LONDON: Britain needs to create a new body to enhance an optimistic “vision” for banking and slash taxes on the sector after failing…

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China’s Xiaomi sees growth in Africa with the launching of $680 5G smartphones

Huawei executive grilled over 5G security by British lawmakers 

British lawmakers grilled a Huawei executive on the company’s defense practices in a hearing on Monday as the U.K debates…

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Uber

Uber’s European rival Bolt launches in London

Uber’s European rival Bolt is now taking it on in the streets of London. The Estonian ride-hailing company previously known…

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tax avoidance

UK is ‘world’s greatest enabler’ of corporate tax avoidance, survey says 

The UK and its satellite jurisdictions are among those blamed by a survey for the “breakdown of the global corporate…

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vlodymr zelensky

Comedian Volodymyr Zelenskiy wins Ukrainian presidential election by landslide

Two international exit polls revealed Zelenskiy had won 73 percentage of the vote.Zelenskiy, a comedian without any political knowledge…

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Dutch Markets Supervisor Issues 40 New Licenses As Brexit Looms

Dutch Markets Supervisor Issues 40 New Licenses As Brexit Looms

As a consequence of Brexit departure from the EU, 40 or more licenses got issued last year…

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IMF Curtails Global Growth Outlook amidst Trade Tension and Brexit Concerns

IMF Curtails Global Growth Outlook amidst Trade Tension and Brexit Concerns

On Tuesday, the International Monetary Fund (IMF) slashed its global economic growth prediction for 2019 and stated that growth…

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Standard Chartered to likely pay more than $1 billion for resolving UK and US probes

Standard Chartered to likely pay more than $1 billion for resolving UK and US probes

London based Bank Standard Chartered is expected to pay a little higher than what was decided for…

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London Stock Exchange Gears Up for a No-deal Brexit

London Stock Exchange Gears Up for a No-deal Brexit

The London Stock Exchange stated that its pan-European platform Turquoise would shift its trading in euro-denominated shares to its…

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