united kingdom

Topshop managing director leaves for The White Company in a string of resignations from Arcadia empire

An analyst notes that Mary Homer's departure will have an impact on Topshop saying that her fashion instincts were key players to the success of the brand.

UK officially leaves EU; forecasters warn of tough times ahead

While Theresa May told MPs that Brexit doubters should look forward with optimism, forecasters warn that divorce from the EU will be costly and that it could weigh heavily on UK's economic prospects in the next years.

New pound coin's hidden security features, problems and availability

The new 12-sided £1 coin comes into circulation on Tuesday with a hidden security feature that would stamp out fraud and counterfeiting.

Qatar pushes £5 billion UK investment despite Brexit

Qatar claims that Brexit will have no impact on its investment efforts as the country is looking into the long-term view.

UK banks face new stress test scenario by the Bank of England

Bank of England prepares new stress test scenarios to be given to UK's biggest banks in preparation for any sudden slowdown in foreign interests in UK assets. The Brexit vote last year has triggered a sharp drop in the value of the pound.

Gulf airlines worry about effects of electronics ban; UK follows new security measure

According to the new electronics ban, larger than smartphones such as iPads, Kindles and laptops will have to be checked in so that passengers could clear security and board their flight. The rules will be enforced come March 25.

Vauxhall joins PSA Group in €2.2 billion deal, employees fear job losses

French company that owns Peugeot and Citroen enters into a €2.2 billion deal to buy General Motor's European unit which includes Vauxhall. General Motor CEO Mary Barra affirms Vauxhall's British brand while respecting the agreements on the workforce.

Mercedes-Benz recalls almost one million cars after 51 fires reported

The incident was due to an issue with an engine part that can cause an electrical fire and conditions would occur during the starting of the car.

Ford may cut more than 1000 jobs at Bridgend plant in worse case scenario

Unions are fighting to keep the jobs in Ford at all cost as a reduction in employment could lead to a serious economic crisis.

Tesco plans to remove 1,700 managerial jobs

The deputy managers will be replaced by shift leaders as part of a program of transformation in order to improve the customers' shopping experience.

Aston Martin deciding new plant location in the US, UK, or Middle East to create female friendly sports SUV

Aston Martin could possibly open a manufacturing plant in four short listed locations including the US to manufacture 5,000 DBX.

UK unemployment rate down 5.3%; its lowest since April 2008

The UK unemployment rate dropped 5.3 percent in the third quarter, the lowest it has been since April 2008.

Citibank Is Working On Its Own Digital Currency, Citicoin Proposing U.K. Government To Run Its Own Digital Cash

Citibank is currently working out on a new digital currency called Citicoin which is also similar to Bitcoin. Though the company is proposing countries, U.K. in particular to provide its own digital cash.

Latest Stories

Big Changes for US Workers: Overtime Pay, Non-Compete Restrictions Explained

This week, the federal government took two steps that could have far-reaching effects for millions of American workers.

Luxury Home Boom Could Leave Regular Buyers Out in the Cold

Rich buyers are buying more and more costly properties with cash, which is driving up prices for the priciest residences in the country.

Costco's Gold Bars Part II: From Africa to the Alps to You

So where exactly does that shiny new "999.9 fine gold minted" bar from Costco come from? Under that "Essayeur Fondeur" Swiss authenticity stamp lies a long, bloody trail of death and tears.

Is the IRS Watching You? Red Flags That Could Trigger a Tax Audit

When the IRS decides to examine a taxpayer's accounts and financial data to make sure they have complied with all tax regulations and declared all necessary income, this is known as an audit.

Creative Ways to Pay Down Credit Card Debt and Boost Savings

The state of the economy has grown more difficult for many people and households these days. It's gotten harder to manage personal finances because of the higher-than-expected inflation and the high-rate environment that was intended to moderate it.

Must Read

Elon Musk's Promise of Affordable EVs Sends Tesla Shares Skyrocketing

Following CEO Elon Musk's announcement that the electric car business intends to start producing new, reasonably priced EV models by early 2025, Tesla shares finished up 12% on Wednesday.

Solana (SOL) Eyes Breakout: Is a Price Surge Coming?

Solana (SOL) is about to see a significant price breakout. Bluntz, a well-known analyst who was successful in correctly predicting the bottom of the cryptocurrency market during the 2018 bear market, claims this.

Mortgage Application Denied: What to Do Next and Boost Your Chances

The ideal of becoming a homeowner has grown more elusive for many prospective homeowners in recent years. The cost of buying a house has increased dramatically due to a combination of skyrocketing real estate prices and rising mortgage rates, pushing budgets to the breaking point.

Short on Cash? A Guide to Using Earn-Wage Apps Safely and Affordably

Several businesses provide a lending service known as Earned Wage Access, including EarnIn. In order to help workers meet their daily necessities and pay their obligations, the applications provide tiny, short-term loans to them between paychecks.

Stand Out or Sit Down: Founders' Top Tips for New Entrepreneurs

In today's fast-paced startup ecosystem, understanding what makes a successful entrepreneur is gold dust. According to a recent CNBC-SurveyMonkey poll, young adults increasingly view entrepreneurship as a career path and a crucial pillar of their financial security.

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