Canada’s ‘Defence Bank’ takes shape without UK, Germany
Canada's DSRB defence bank is set for signing in Luxembourg, but UK is backing its own MDM while Germany is still only an observer...
Tag : United Kingdom
Rolls-Royce gets 2.5 billion pound UK backing to target single-aisle aircraft market
A 10-year government-industry programme aims to support 3,300 jobs and help the British manufacturer re-enter the lucrative single-aisle aircraft market...
Day after launching personal loans in UK, Revolut faces Bank of England review
By offering unsecured personal loans, Revolut enters a lucrative consumer lending market dominated by the United Kingdom’s largest banks...
London’s global wealth hub status takes USD 160 billion hit as super-rich leave UK
Property tycoon David Reuben, ranked second on this year’s 'Sunday Times Rich List' with his brother Simon, has moved from London to Monaco...
Rolls-Royce invests 300 million pound in UK manufacturing to support civil, defence needs
The investment, announced on Monday, covers major upgrades and new facilities in Derby, Bristol, Glasgow, Rotherham and Ansty in Warwickshire...
UK airlines, government challenge NATS after air traffic control failure
Ryanair, Europe's biggest airline, has called for NATS boss Martin Rolfe's removal, while citing his role in the system meltdown in August 2023...
UK energy price cap to rise 4% as government’s electricity VAT cut faces test
The increase, a 60-pound rise to 1,723 pounds (USD 2,348), will hit around 22 million British households on variable tariffs...
DP World expands UK logistics network with GXO grocery warehouse takeover
The deal covers five facilities in England and one in Northern Ireland that serve some of the largest British supermarket chains...
Saudi Re to acquire 22.5% stake in United Kingdom’s Ada Risk Holding
The Kingdom-based reinsurer said the deal would deepen its Lloyd’s market foothold and support its push into international markets...
UK positioning itself as global market for high-integrity nature credits: Dr Rich Stockdale
A thriving and increasingly sophisticated Voluntary Carbon Market is emerging as a crucial weapon to help UK meet its climate goals...