UK Raises North Sea Oil, Gas Taxes Amid Protest From Industry – BNN Bloomberg
(Bloomberg) -- The new UK government followed through on its pledge to toughen up the tax regime for North Sea...
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5 ways Labour says Britain is broken – POLITICO
4) Labour is boxed in on tax The theater around Monday’s speech is seen by many as an attempt to...
UK’s Open Banking Success: 10 Million Users
While open banking starts to gain traction in the U.S., across the pond the banking and payments sector is celebrating...
Revolut bank gets UK go-ahead: A licence to print money?
After more than three years of waiting, global neobank Revolut has finally been given a UK banking licence. However, it...
UK’s Starmer Suspends Whip for 7 Labour MPs on Welfare Rebellion – BNN Bloomberg
(Bloomberg) -- The UK’s new prime minister Keir Starmer has suspended the party whip from seven of his own MPs...
Top European official blasts Kamala Harris as ‘invisible’ in hot-mic moment
A top European official was caught on a hot mic earlier this year blasting Kamala Harris as “invisible” and arguing...
Britain’s Treasury chief vows to run the economy with ‘iron discipline’ amid demands for pay raises
LONDON (AP) — Britain’s new Treasury chief said Sunday she will run the economy with “iron discipline,” but suggested she’ll give public sector workers an above-inflation pay raise to help end a wave of strikes and strife.The Labour Party government is under pressure from supporters and trade unions to spend more on salaries and welfare benefits, two weeks after it was elected on promises not to hike personal taxes or increase public borrowing,“I think people know that things are a mess,” Treasury chief Rachel Reeves told the BBC, arguing the...
UK Faces Stark Choice as Public Service Pay Hikes Loom – BNN Bloomberg
(Bloomberg) -- The UK risks a return to strikes and a shortage of nurses and teachers if it doesn’t grant...
UK Urged to Cut Off Arms Sales to Israel After Restoring UNRWA Funds
Days after independent United Nations experts said the blocking of humanitarian aid to Gaza over the past nine months has...
BOE Says CHAPS Service Restored After Earlier Systems Glitch – BNN Bloomberg
(Bloomberg) -- The Bank of England said CHAPS transactions are settling normally after earlier warning that some home sales had...
