Money markets are now anticipating that the Federal Reserve will start cutting interest rates in September, following a continued slowdown in US inflation. Traders are factoring in a quarter of a percentage point reduction at the Fed’s September meeting after the consumer price index dropped from 3.3% to 3% in June, a sharper decline than […] More
The UK boasts some of the most vibrant and historic markets in the world. From bustling urban hubs to quaint country settings, these markets are essential for locals and tourists alike, offering a diverse range of goods, food, and experiences. Here are the top 10 biggest and most popular markets in the UK: These markets […] More
Tesla shares have dropped after delaying the launch of its self-driving taxis. The electric car maker’s shares fell 1.8% in premarket trading following an 8.4% plunge on Thursday, its largest decline since January. According to Bloomberg News, Tesla has postponed the unveiling of its Robotaxis from August to October. In recent months, CEO Elon Musk […] More
The EY’s annual Scotland attractiveness survey, published on Thursday, revealed that Scotland secured 142 foreign direct investment (FDI) projects last year, marking a 12.7% increase from the previous record of 126 in 2022. This achievement represents the fifth consecutive year of growth in Scotland’s FDI projects. In contrast, Europe experienced a 4% year-on-year decline, with […] More
The number of children affected by the UK’s contentious two-child limit on benefits has increased by 8.5 percent over the past year, according to official data, heightening pressure on the new Labour government to reconsider the policy. This policy, which restricts child welfare payments to the first two children in most families, impacted a record […] More
From the adrenaline-pumping roller coasters of Alton Towers to the whimsical adventures of Peppa Pig World at Paultons Park, the United Kingdom boasts an impressive array of amusement parks that cater to every taste and age group. Whether you’re seeking heart-stopping thrills, interactive family attractions, or immersive themed experiences, these top ten amusement parks deliver […] More
EU antitrust regulators have reached an agreement with Apple, ending a four-year investigation by accepting commitments from the tech giant to open up its tap and go payments technology to competitors. During a press conference, EU antitrust chief Margrethe Vestager announced the acceptance of Apple’s commitments, which address concerns that Apple may have restricted competition […] More
An Edinburgh business owner committed to simplifying the complexities of estate management has garnered recognition from the esteemed Great British Entrepreneur Awards for his innovative business model. After years with a small legal auditing firm, Mike Davis launched My Probate Partner in 2019. His inspiration came from observing individuals burdened by exorbitant legal fees for […] More
The announcement was made during a meeting between the new British Prime Minister, Keir Starmer, and Volodymyr Zelenskyy at the NATO summit in Washington, DC, on Wednesday. The decision to authorize the use of Storm Shadow missiles, welcomed by Ukraine, marks a hawkish shift from the previous Conservative government’s policy. John Healey, the new Defence […] More
Regulators have greenlit the most extensive revision of rules governing London-listed companies in thirty years, aiming to rejuvenate the UK’s capital markets amidst stiff international competition and declining investment inflows. Under the new listing rules, company executives will gain increased authority to make decisions without requiring shareholder votes. Additionally, companies will have greater flexibility to […] More