UK house prices pushed up by foreign criminals laundering “billions of pounds”
The National Crime Agency said that foreign criminals who launder their money by purchasing expensive properties in London are responsible for pushing up house...
Pearson in talks to sell its 50% stake in The Economist
Pearson, the UK-based education company, said that it is currently in talks to sell its 50% stake in The Economist Group - publisher of...
Heathrow calls for government to “get on” with airport expansion
The boss of Heathrow, the UK’s busiest airport, said that the government should "get on" with the airports' expansion after it posted a significant...
Ferrari set to go public on the NYSE
Fiat Chrysler Automobiles announced that it has filed a request with U.S. regulators to spin off Ferrari in an initial public offering.
The IPO is...
Japan’s Nikkei acquiring The Financial Times for £838 million
The Financial Times is being acquired by Japanese media group Nikkei from UK-based Pearson for £844 million payable in cash.
The deal represents the biggest...
UK car production surges to seven-year high
UK car production boomed to a seven-year high in the first half of 2015, according to The Society of Motor Manufacturers and Traders (SMMT)....
UK interest rates could rise soon despite BoE vote to hold steady
All members of the Bank of England’s Monetary Policy Committee voted to keep interest rates at 0.5 percent on July 8, including Martin Weale...
UK government borrowing dropped to record low in June
UK government borrowing dropped in June to the lowest level for the month in seven years, suggesting that the recent economic recovery is helping...
IKEA to pay UK workers above 2016 living wage
IKEA Group announced on Monday that it will begin paying its employees above the government's new National Living Wage next year.
Earlier this month Chancellor...
Gold prices plunge to five year low
Gold prices dropped to a five year low on Monday, plunging 4 percent at one point to $1,088 a troy ounce - the lowest...