The UK Competition and Markets Authority (CMA) has fined four major banks—HSBC, Citi, Morgan Stanley, and Royal Bank of Canada (RBC)—a total of £100.5 million after finding that traders used
Kemi Badenoch has become the new Conservative Party leader, defeating Robert Jenrick in the leadership race.
Breaking: Kemi Badenoch has been elected as the new Conservative Party leader, succeeding Rishi Sunak after defeating Robert Jenrick in the leadership contest.
Breaking: Sue Gray has stepped down from her role as Sir Keir Starmer’s chief of staff.
Sue Gray has stepped down as Sir Keir Starmer’s chief of staff, stating that she “risked becoming a distraction.”
Starmer’s popularity declines following criticism of his response to the riots
Sir Keir Starmer’s popularity has sharply declined after criticism of his handling of the riots in Britain.
Brussels hails Britain as a ‘crucial partner’ following Labour’s victory
Brussels leaders have indicated their desire for a closer partnership with the UK following Sir Keir Starmer’s election victory.
Pound strengthens following Labour’s decisive victory
The pound has strengthened following Labour’s landslide victory in the general election.
Final major poll indicates Reform UK poised to secure 13 seats
The final major poll of the general election predicts that Nigel Farage’s party will secure 17 per cent of the vote on Thursday. Reform UK is on course to win
The Labour Party Looks Poised for Historic Victory
London stocks remain elevated this afternoon as the nation prepares to vote in what could be a historic election for the Labour Party.
UK faces £60bn deficit due to overly optimistic projections
According to a Wall Street bank, the UK’s financial watchdog has been overly optimistic in its economic growth forecasts, resulting in a potential £60bn shortfall for the government.
FTSE 100 makes strong early progress – Markets rise as energy stocks surge continues
Trading for the week began on a positive note in London as the FTSE 100 moved higher, reclaiming the 7,900 level.
Citi Says Oil May Collapse to $65 by the Year-End
Citigroup Inc. warned that crude oil could fall to $65 per barrel by the end of this year, and then plummet to $45 by 2023 if there is a recession.