Biggest drop in UK house prices in 12 years
Average house prices in the UK posted the biggest drop in 12 years in June, according to the British mortgage agency Halifax Home Price...
LME to lower daily price limits on aluminum and copper contracts
The London Metal Exchange (LME) will reduce daily price limits on aluminum and copper open contracts from 15 percent to 12 percent from 24...
BoE Chairman Bailey accuses retailers of overcharging
Bank of England Governor Andrew Bailey said in a statement on the fight against high inflation that some retailers are putting pressure on the...
BoE plans to force international banks to set up subsidiaries in the UK
The Bank of England (BoE) plans to force more international banks to set up subsidiaries. It is stated that this move is intended to...
Auto sales in the UK increased in June
It was reported that the number of cars registered to traffic in the UK increased by 25.8 percent in June.
In the statement made by...
UK: Russia adopts policy of fear in grain deal
Britain's Permanent Representative to the United Nations (UN) Ambassador Barbara Woodward, regarding the Black Sea Grain Agreement, said, "Every time we come to the...
UK, EU to increase cooperation in financial services
A memorandum of understanding was signed between the European Union (EU) and the UK to increase cooperation in financial services.
The EU and the UK...
25-year peak in UK interest rates pricing
After the Bank of England (BOE) increased interest rates by half a point on Thursday, investors started pricing in BOE's final interest level to...
British PM Sunak: It will be difficult to reduce inflation
British Prime Minister Rishi Sunak stated that it will not be easy to reduce inflation and it will take time, "Obviously the situation has...
Hawk move in England’s tightening streak
The Bank of England increased its policy rate by 50 basis points to 5 percent. Thus, the UK has increased interest rates for 13...