Britain

A digital pound should not be available in large sums initially to avoid the risk of bank runs, British lawmakers said in a report on Saturday that also highlighted the ...

Britain’s armed forces face an equipment funding shortfall of 17 billion pounds ($21.6 billion) over the next 10 years, a public spending watchdog said on Monday, a concern for defence chiefs at ...

Britain needs a new economic strategy to reverse 15 years of falling living standards and worsening inequality, a leading think tank and an academic research centre said on Monday. British productivity ...

Microsoft’s (MSFT.O) plan to pump 2.5 billion pounds ($3.2 billion) into Britain over the next three years, its single largest investment in the country to date, will underpin future growth ...

Abu Dhabi’s Aldar Properties (ALDAR.AD) has bought London-based developer London Square for an enterprise value of 1.07 billion dirhams ($291 million) in its first acquisition outside the Middle East. “Aldar ...

Almost three years after Prince Harry and his wife Meghan’s interview with Oprah Winfrey sent shockwaves through the British monarchy, their most sensational claim which provoked a royal race ...

Chelsea holds the title of the poshest Premier League team boasting an impressive overall score of 9.68/10. Their home stadium, Stamford Bridge, is situated in one of the UK’s wealthiest ...

Metro Bank (MTRO.L) on Thursday announced sweeping cost-cutting plans aimed at bolstering its finances, which could see the embattled British lender lay off 20 per cent of its staff and ...

Former British Chancellor Alistair Darling, who steered the country’s economy and banking system through the shock of the global financial crisis in 2007-08, has died aged 70 after undergoing treatment ...

Britain’s antitrust regulator said it would launch a review of loyalty scheme pricing by supermarkets, such as Tesco’s (TSCO.L) Clubcard and Sainsbury’s (SBRY.L) Nectar, to ...

Saudi Arabia’s Public Investment Fund (PIF) has struck a share purchase agreement to buy a 10 per cent stake in TOPCO, the holding company of Heathrow Airport Holdings Ltd, from ...

British Prime Minister Rishi Sunak fuelled a diplomatic row with Athens on Wednesday by accusing his Greek counterpart Kyriakos Mitsotakis of “grandstanding” during a recent trip to London over ownership ...

Uber will open up its platform to London’s black cabs next year, the ride-hailing firm said on Wednesday, trying to win over the British capital’s taxis after a ...

Bank of England Governor Andrew Bailey said on Wednesday that the central bank “will do what it takes” to get inflation down to its 2 per cent target, adding that he ...

Shoppers at British store chains have seen the slowest increase in prices in almost a year and a half but retailers might struggle to keep inflation on its downward path, ...

The London High Court will hear a plea on Friday to combine claims from 475 former sportspeople suffering from neurological impairments into a group action lawsuit against the governing bodies of ...

Greece’s government on Tuesday accused Britain of showing “a lack of respect” by abruptly cancelling a meeting between their leaders at short notice in a dispute over ancient Greek ...

A top UK central banker on Tuesday emphasised that monetary policy would need to be “restrictive” for some time to defeat inflation, a message echoed by fellow policymakers from Australia ...

Prime Minister Rishi Sunak announced 29.5 billion pounds of private sector investment in Britain at a gathering of global executives on Monday aimed at catapulting the country back to Europe’s ...

Nissan (7201.T) said on Friday it would pump 1.12 billion pounds ($1.4 billion) into its British plant to build electric versions of two models, offering a boost to the country’s auto ...

Britain came out on top when 21 teams from around the world gathered in Tokyo this week to collect litter in the inaugural SpoGomi World Cup, an initiative aimed at raising ...

Annual net migration to the United Kingdom hit a record of 745,000 last year and has stayed at elevated levels since, data showed on Thursday, heaping pressure on Prime Minister Rishi ...

British companies reported a marginal return to growth in November after three months of contraction but the downturn in orders continued in the face of higher interest rates and weak ...

Demand for British government bonds has recovered from the damage dealt by the market turmoil which followed then Prime Minister Liz Truss’ mini-budget last year, the chief executive of the ...