The debate about the presence of Russian oligarchs and their vast assets in the UK after the Putin regime’s invasion of Ukraine has pushed the problem of money-laundering up the political and regulatory agenda.
The International Monetary Fund (IMF) has said that UK economy will shrink and perform worse than other advanced economies as the cost of living continues to hit households.
Officials working from home are not to blame for long waiting times on HM Revenue and Custom’s self-assessment helpline, the department has said.
The debate about the presence of Russian oligarchs and their vast assets in the UK after the Putin regime’s invasion of Ukraine has pushed the problem of money-laundering up the political and regulatory agenda.
UK’s development finance institution British International Investment (BII) will invest Rs 19 billion into a new dedicated, four-wheeler electric passenger vehicle arm which India's automobile company Mahindra and Mahindra (M&M) will incorporate....
In May, one of the world’s most prominent venture capital firms, Sequoia, issued a 52-page memo titled Adapting to Endure. The message was clear: RIP the good times. The days of cheap cash are in the past and profitability, rather than growth,...
UK’s export credit agency, UK Export Finance, in its annual report and accounts for 2021-22, has revealed that they had provided £7.4 billion to UK businesses for the purpose of exports, with 81 per cent going to SMEs, totalling £6 billion,...
The number of UK households facing acute financial strain has risen by almost 60% since October and is now higher than at any point during the coronavirus pandemic, a survey found.
The latest data on gross domestic product indicates that UK economy has slowed faster than economists had expected, while business confidence has fallen sharply in recent months. Analysts are already cutting forecasts for earnings next year...
30 million people across the UK will benefit from the biggest personal tax in a decade from July 6 - with hard-working Brits saving up to £330 per year.
Britain’s biggest supermarket chain Tesco apologised to customers for empty shelves where the products would normally be, saying it would not pass on “unjustifiable price increases”.
US pharmacy giant Walgreens has dropped plans to sell Boots, saying buyers were unable to raise enough funds due to instability in financial markets. Walgreens said it had various offers for the pharmacy business after it put Boots up for sale...
Ofgem has published plans to cut baseline annual rates of return to 4.75 per cent for the five years from April 2023, down from about 6.8 per cent under the current regime. This means the companies that own the UK’s local electricity distribution...