Old Lady of Threadneedle Street to Pay Millions for ‘Amended Implementation Methodology’ The Bank of England has nearly doubled its…
Author: Edith Austen
TikTok returns to Apple, Google app stores
TikTok returned to the Apple and Google app stores Thursday evening. The Chinese-owned social media app had been removed from the the two stores on Jan.…
OpenAI Rejects Elon Musk’s US$97.4 Billion Takeover Bid
OpenAI’s board chairman today said it has unanimously rejected an Elon Musk-led offer to buy the hot artificial intelligence company…
UK Energy Firms Compensate £20m for Billing Errors Over Five Years
Britain’s big energy providers have paid more than £20m in compensation to customers for billing mistakes over the past five…
Close Brothers’ Financial Provision for Motor Finance Claims
Close Brothers, a British financial institution, has allocated up to £165 million to address potential motor finance claims. This move…
Italy investigates Amazon over alleged €1.2bil tax evasion
Italian prosecutors are investigating e-commerce giant Amazon and three of its executives over alleged tax evasion worth €1.2 billion (US$1.26…
Analysis of the UK Government’s Plan to Digitalise Property Transactions
The UK government’s initiative to digitalise property data sharing aims to modernise the homebuying process by reducing delays and inefficiencies.…
Challenges in the Business Relationship Between the United Kingdom and Malaysia
The business relationship between the United Kingdom and Malaysia faces several challenges: Bribery and Corruption Overseas companies investing in Malaysia…
London’s Economic Outlook: Key Developments as of February 2025
Bank of England’s Monetary Policy The Bank of England’s chief economist, Huw Pill, emphasized the necessity of maintaining restrictive interest…
How Donald Trump’s trade tariffs could affect the UK
President Donald Trump’s recent imposition of tariffs—25% on imports from Canada and Mexico, and an additional 10% on Chinese goods—has…