UK

Google Compromise £1bn Investment Plan to Post-Brexit UK

The United States tech giant has compromised itself with £1bn Investment Plan to Post-Brexit UK. This is one of the signs that Google is always committed to UK.

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Irish Sectors Suffer Months After The Referendum Vote

After United Kingdom’s decision to leave the European Union, the PMI data from IHS Market shows that the Irish companies operating in sectors have already suffered in the months subsequent to the referendum.

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UK Stocks Could Plummet At 80% - Hedge Fund Manager Odey

Crispin Odey is a London-based hedge fund manager. His main hedge fund has lost about 43 percent this year. He says that U.K. stocks could crash 80 percent as the economy is shaken by a recession and greater inflation after the vote to quit the European Union.

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Special Visa Schemes Among Scotland Regions Rejected

The UK government has terminated the required special visa rules for decentralized regions and nations.

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‘The revolution is over’, Says UK Financial Watchdog

Just as the Britain arranges its exit from EU, United Kingdom’s newest financial watchdog guides into a new age of banks and insurance companies’ oversight.

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Investments in Scottish commercial property up 33%

Scotland commercial property recorded 33 percent growth rate in investments during the first quarter of 2016. Office buildings are adding value to Scottish property market. Over 40 percent of investments came from overseas investors.

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London Stock Exchange merger facing heat of German resistance

The £21-billion merger of London Stock Exchange (LSE) with Deutsche Börse is facing an increasing resistance from Germany. Politicians and senior industry leaders are concerned about losing the financial hub status of Frankfurt.

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Regency Hotel's loss rises to €217k after gangland murder, claims for indemnity

After the killing of David Byrne in a shootout at Dublin's Regency Hotel, it's reeling under severe pressure as losses amounted to €217,000. Regency Hotel has applied for indemnity to its insuring company Aviva for over €217,000.

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George Osborne's £1bln budget boost for North Sea

Chancellor George Osborne has announced a £1-billion rescue package for trouble-hit North Sea oil industry. The government is also extending £730 million support for renewable electricity.

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Taxi app Gett hopes new service "Gett Courier" will make it more competitive in the UK

Taxi app Gett launches a new service called "Gett Courier" to up its game among competition. The new service promises to deliver packages across London within an hour, by an excellent team of delivery boys and girls who have undergone an intense study of the streets and by-lanes of London.

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Rolls-Royce Cuts Half of Its Dividends

Rolls-Royce halved its dividend payment to shareholders this year. However, many were relieved to get a dividend amount itself, especially since the company had issued five profit warnings in two years. Despite a fall in profit by 12%, the company shares jumped 13%.

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UK allocates £20M to teach female Muslim migrants English

British Prime Minister pledged £20 million to fund English classes for Muslim women migrants in hopes to solve extremism.

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London’s Economy Leads UK, Noting A Positive Growth Of The Country Economy Recovery

London has reached the fastest growth during, leaving the other regions behind. The growth is spotted to be the result of finance, real estate, and service sectors in the region. This positive development has shown more hopes for the country economy recovery that has struggled since its financial crisis years ago.

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BT, German-French mobile venture deal goes smoothly

The BT Group deal concluded smoothly when the British Competition and Markets Authority gave its go-ahead. The verdict brought together two huge customer bases under the same roof, which can potentially make BT the largest provider of mobile, home telephone, internet and TV services in the United KIngdom.

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UK parents want to keep Santa Claus real; hits PayPal's holiday ad

PayPal received complaints from UK parents for taking away the magic of Christmas and the mystery that surrounds Santa Claus. Most kids still probably hold on to the magical belief that Santa delivers Christmas presents in the middle of the night when the children were asleep.

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