Showing 1 - 10 of 385
Bank of England delivers big rate hike
Published on 22/06/2023
» LONDON: The Bank of England (BoE) rattled markets by raising interest rates by half a percentage point — twice the amount expected — on Thursday, after it said there had been “significant” news suggesting British inflation would take longer to fall.
TCMC anticipates limited revenue growth prospects
Business, Kanana Katharangsiporn, Published on 19/05/2023
» Despite a strong recovery in the tourism sector, carpet and furniture maker TCM Corporation Plc (TCMC) expects revenue to remain stagnant in 2023 due to the unfavourable global economic outlook.
UK may ditch premium listings to boost LSE's appeal
Business, Published on 04/05/2023
» LONDON: The UK is proposing "significant changes to the listing rulebook" in a bid to make London more attractive as a financial centre as moribund capital markets stoke fears about the city's ability to compete with New York and Asian hubs.
UK claims post-Brexit win with trans-Pacific trade pact membership
AFP, Published on 31/03/2023
» LONDON: The UK will join 11 other countries in a major Asia-Pacific trade partnership, Prime Minister Rishi Sunak announced Friday, in the country's biggest post-Brexit trade deal following nearly two years of talks.
UK closer to joining Pacific trade pact
Published on 29/03/2023
» TOKYO: Members of the Trans-Pacific Partnership are expected to agree this month on allowing Britain to join the free trade pact, Japanese government sources said on Wednesday.
Four-day work week gains converts
Published on 21/02/2023
» LONDON: The largest-ever trial of the four-day work week has found that most UK companies participating are not returning to the five-day standard, and a third are ready to make the change permanent.
Globalized Supply Chain Brings More-Turbulent Food Prices
Business, Published on 29/11/2022
» For decades, globalization has increased the variety and reduced the cost of food. Now the pandemic, war in Ukraine and other global disruptions have shown how that complex supply chain can also result in more turbulent prices.
Jeremy Hunt: softly-spoken survivor takes on hardest role
AFP, Published on 14/10/2022
» LONDON: Newly appointed UK finance minister Jeremy Hunt is a mild-mannered political survivor who will require all of his considerable experience to calm an economy and government beset by chaos.
Pound hits record low versus dollar, markets drop on recession fears
AFP, Published on 26/09/2022
» HONG KONG: The pound hit a record low against the dollar Monday on surging fears about the UK economy after the government unveiled a huge tax-cutting budget.
Inflation-fighting BoE poised to unleash big rate hike
AFP, Published on 04/08/2022
» LONDON: The Bank of England is expected Thursday to follow other major central banks with an aggressive interest rate hike to tackle surging inflation.