Tag: United Kingdom
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Hunt, the newly appointed UK finance minister, abruptly abandons Truss’s economic strategy
One of the largest fiscal and monetary policy boomerang motions in British history was started on Monday by new finance minister Jeremy Hunt, who...
Eutelsat & UK’s OneWeb in negotiations about all-share merge
In order to compete with projects like SpaceX's Starlink & Amazon.com's (AMZN.O) Project Kuiper, owned by Elon Musk, and SpaceX's rival OneWeb, owned by...
UK inflation rises to 9.4%, reinforcing bets on a hefty BoE rate raise
British inflation last month reached its highest level in 40 years, according to official statistics, which boosted the chance that the Bank of England...
UK sanctions Alfa, Gazprombank and Lavrov’s step daughter
Britain sanctioned another wave of Russia's banks, critical industries and a host of members of its elite. This includes Gazprombank, Alfa Bank, and a...
Asset manager meets with UK financial minister
Britain's finance ministry met with asset managers to look at how the sector could offload holdings in Russian companies. A spokeswomen stated that they...