News Updates
UK

UK

Industry
Brexit may affect the cost of medicines and hit UK pharmaceutical investment, a Commons committee head has warned. Rachel Reeves,...
Comments Off on Brexit impact on UK pharma industry to be investigated

For the UK economy, this budget is its Suez moment
The 1956 Suez crisis was the moment Britain had to wake up to the fact that it was no longer the force it once...
Comments Off on For the UK economy, this budget is its Suez moment

Companies
British banks are shunning companies that handle cryptocurrencies, forcing many to open accounts in Gibraltar, Poland and Bulgaria...
Comments Off on Cryptocurrency companies forced to bank outside UK

UK banks plan biggest squeeze on consumer credit since 2008
Experts warn of the high level of consumer borrowing in the UK on credit cards and other loans. Photograph: Bloomberg/Getty Images...
Comments Off on UK banks plan biggest squeeze on consumer credit since 2008

Moody’s issues warning over UK consumer credit as borrowing hits £200bn -as it happened
Bank cards in a wallet. Photograph: Andrew Matthews/PA Mixed day for European markets On a relatively quiet day for company and ec...
Comments Off on Moody’s issues warning over UK consumer credit as borrowing hits £200bn -as it happened

UK says making progress with tech companies on getting encrypted militant messages
Britain’s Home Secretary Amber Rudd speaks on the BBC’s Marr Show in London, May 28, 2017. Jeff Overs/BBC Handout via...
Comments Off on UK says making progress with tech companies on getting encrypted militant messages

Banking
JPMorgan will move hundreds of London jobs to Dublin, Frankfurt and Luxembourg in preparation for Brexit, the firm’s head of inves...
Comments Off on Brexit: JPMorgan confirms it will move hundreds of banking jobs from UK to EU

Companies
LONDON, APRIL 26:   Indian firms invested £4.25 billion in capital expenditure in 2016, and recorded revenues of £47.5 billion, ac...
Comments Off on The rise and rise of Indian companies in the UK

More signs of UK slowdown appear as Brexit gets under way
Signs that Britain’s economy is slowing as it prepares to leave the European Union hardened on Friday, as official data show...
Comments Off on More signs of UK slowdown appear as Brexit gets under way

US, UK Spies Targeted Airline Passengers’ Mobiles: Report
US, UK Spies Targeted Airline Passengers’ Mobiles: Report American and British spy agencies have tried to intercept data fro...
Comments Off on US, UK Spies Targeted Airline Passengers’ Mobiles: Report