Green light for UK Broadcom to buy VMware
The UK Competition and Markets Authority (CMA) has tentatively approved the US-based technology company Broadcom's acquisition of software company VMware for $69 billion.
According to...
UK inflation surprise
Inflation in the UK fell more than expected in June, signaling that the effects of interest rate hikes are starting to be seen.
Inflation fell...
UK house prices rose 1.9 percent in May
Average house prices in the UK rose 1.9 percent year-on-year in May.
According to data from the British Office of National Statistics (ONS), house prices...
British PM Sunak: We will slightly increase visa fees
Announcing the hike decisions for public employees in the UK, Prime Minister Rishi Sunak said that visa fees and health payments paid by immigrants...
UK public debt warning
The UK Office of Budget Responsibility (OBR) has announced that public debt could reach 300 percent of gross domestic product (GDP) in 50 years,...
UK mortgage debt expected to rise
The Bank of England (BoE) stated that the monthly mortgage payments of 1 million people in the country are expected to increase by at...
2-year home loan interest rate rises in the UK
In the statement made by the financial data provider Moneyfacts, it was stated that the average 2-year fixed housing loan in the country increased...
UK retail sales above 12-month average
Retail sales in the UK increased by 4.9 percent in June compared to the same period last year.
Retail sales in the UK increased by...
Unemployment in the UK exceeded expectations in March-May period
Unemployment in the UK increased by 0.2 percent in the 3-month period covering the March-May period compared to the previous 3-month period and rose...
IMF warns that interest rates may remain high for a long time in the UK
The International Monetary Fund (IMF) stated that if inflationary pressures continue to persist in the UK, it may be necessary to raise the policy...