Global markets took a sharp hit on Thursday, and the pound weakened as investors reacted to the UK’s autumn Budget announcement from the day before. The new spending plans, introduced by the Chancellor Rachel Reeves, have triggered a lot of nervousness in the financial world, leading to major drops in global stock prices and a […] More
In an exciting move towards a cleaner planet, Britain is finding new ways to make renewable energy more exciting and affordable for everyone. One of the most interesting ideas is giving away free or really cheap electricity when there’s a lot of wind power being made. This is changing how people think about and use […] More
In a wild tale of crime and luxury, 30 flashy cars, worth a whopping £6.5 million, were taken from the UK to Thailand and have now been brought back home, thanks to the police. These high-end vehicles included a stunning Lamborghini Huracán Spyder, which costs around £220,000. This car is known for its Italian style […] More
In a surprising turn of events, McDonald’s is facing a significant drop in sales in the UK and France. This news comes right after a serious E. coli outbreak that led to one person losing their life and many others falling ill after eating the famous Quarter Pounder burgers. Let’s take a closer look at […] More
On October 30th, the FTSE 100 index, which tracks the top companies in the UK, had an eventful day. Some companies shone brightly, while others faced challenges. Let’s break down what happened in a way that’s easy to understand! GSK’s Vaccine Struggles First up, we have GSK (GlaxoSmithKline), a company that makes vaccines and medicines. […] More
In recent years, the North Sea—a major source of the UK’s oil and gas—has been at the heart of debates around energy and taxation. The British government introduced a “windfall tax” in 2022 under the previous Tory leadership. The purpose was to collect extra taxes from oil and gas companies when profits surged, thanks to […] More
Alphabet, the parent company of Google and YouTube, has experienced impressive growth in the past few months, driven by strong performances in digital advertising and its cloud business. On Tuesday, Alphabet announced its third consecutive quarter of beating expectations, boosting its earnings even further and pushing its stock up in after-hours trading. CEO Sundar Pichai […] More
High-Speed 2, or HS2, the UK’s ambitious rail project, just got a big boost. Thanks to Rachel Reeves, the Chancellor, the high-speed rail line is officially set to run directly into London’s Euston Station. This decision means that HS2 won’t stop at Old Oak Common in West London as was previously uncertain, but will continue […] More
The UK government recently announced new tax changes on alcohol, with some prices going up and others getting a slight relief. According to the latest budget speech from Chancellor Rachel Reeves, the cost of wine and spirits will rise due to an increase in alcohol duty. However, if you’re a fan of grabbing a pint […] More
In the latest Budget announcement, the UK’s Chancellor Rachel Reeves shared some big changes set to impact home buyers, landlords, and investors. From tomorrow, buying a second home or rental property will be more costly, as Stamp Duty on these kinds of properties will go up from 3% to 5%. This increase is just one […] More