FeaturedReal EstateUnited Kingdom house price rises 15.5% in one monthInternational Finance Business DeskSeptember 30, 2022 by International Finance Business DeskSeptember 30, 2022 The rise in housing prices is a 19-year high with the average price of a house in the United Kingdom reaching £292,118... Read more
EnergyFeaturedBritain PM Liz Truss’ energy plan: All you need to knowInternational Finance Business DeskSeptember 28, 2022September 28, 2022 by International Finance Business DeskSeptember 28, 2022September 28, 2022 Low-income households in Britain receiving specific benefits and tax credits have already received the first instalment of £326... Read more
EconomyFeaturedIs risk of UK balance of payments crisis under Liz Truss increasing?International Finance Business DeskSeptember 20, 2022 by International Finance Business DeskSeptember 20, 2022 If Liz Truss invokes Article 16 of the Northern Ireland Protocol to invalidate a portion of the post-Brexit treaty, she may scare away international investment... Read more
FeaturedTradingBritain-Russia trade war escalatesInternational Finance Business DeskSeptember 13, 2022September 15, 2022 by International Finance Business DeskSeptember 13, 2022September 15, 2022 Following the invasion of Ukraine, imports of Russian commodities, notably vodka, have also completely disappeared... Read more
EconomyFeaturedRail, Postal unions halt strikes after Queen’s deathInternational Finance Business DeskSeptember 9, 2022 by International Finance Business DeskSeptember 9, 2022 The UK's longest-reigning monarch, Queen Elizabeth II, passed away at Balmoral at the age of 96... Read more
EconomyFeaturedTop five industries benefitting from inflationInternational Finance Business DeskSeptember 8, 2022September 9, 2022 by International Finance Business DeskSeptember 8, 2022September 9, 2022 Only certain industries are reaping the rewards of inflation and reporting record earnings... Read more
EconomyFeaturedAverage pay of FTSE 100 CEO in UK witnesses massive jumpInternational Finance Business DeskSeptember 2, 2022September 2, 2022 by International Finance Business DeskSeptember 2, 2022September 2, 2022 A CEO in the United Kingdom currently earns 109 times more than the ordinary British worker did in 2020... Read more
Banking and FinanceFeaturedCustomers not kept in the loop while raising interest rateIFM CorrespondentAugust 26, 2022 by IFM CorrespondentAugust 26, 2022 The Bank of England increased interest rates on August 4 by 0.5 percentage points to 1.75%.... Read more
EnergyFeaturedWhat is windfall tax & why did Rishi Sunak introduce it?IFM CorrespondentAugust 24, 2022August 23, 2022 by IFM CorrespondentAugust 24, 2022August 23, 2022 A windfall tax is a one-time charge placed on a sector that has generated significant profits from an event for which they have no responsibility.... Read more
EconomyFeaturedWho is Penny Mordaunt? Will she clear the economic mess left by JohnsonIFM CorrespondentJuly 28, 2022 by IFM CorrespondentJuly 28, 2022 Penny Mordaunt is not thought to have strong ideological beliefs.... Read more