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Monday, October 7, 2024

UK

New Oil and Gas Licensing Ban Risks 30,000 Jobs, Unions Warn

Brighton, 9 September 2024 (FinanceFlashNews) - Unions are sounding the alarm over the UK government's plan to ban new oil and gas licenses, warning...

Review Exposes Corruption Risks in Over 130 Covid Contracts

Beijing, 9 September 2024 (FinanceFlashNews) - A recent anti-corruption review has revealed concerning issues with £15.3 billion worth of Covid contracts awarded by the...

UK House Prices See Sharpest Rise in Nearly Two Years After Interest Rate Cuts

London, September 7 (FinanceFlashNews) – UK house prices saw their steepest rise in nearly two years this August, following a reduction in interest rates...

UK Financial Industry Calls for £1 Trillion in Investments Over the Next Decade

London, September 6 (FinanceFlashNews) – The UK requires an additional £1 trillion (€1.19 trillion) in investments over the next decade to strengthen its economy,...

Retail Sales in the UK Rose in August, Boosted by Warm Weather

London, September 3 (financeflashnews.com) - Retail sales in the United Kingdom saw an increase in August, marking the strongest growth in five months. Warm...

UK Consumer Sentiment Held at Nearly Three-Year High in August

UK consumer confidence remained at its highest level since September 2021, with the GfK index steady at -13 points in August. Optimism was driven by...

UK Sees Sharp Drop in Foreign Workers for NHS and Social Care

Sharp Decline in Work Visas: Work visas for the NHS and social care sectors fell by over 80% in the past year, with only...

McDonald’s Announces Major Expansion in the UK and Ireland

McDonald's plans to open over 200 new restaurants in the UK and Ireland within the next four years The expansion will create approximately 20,000 new...

UK Budget Deficit Surges in July to Three-Year High, Surpassing £3 Billion

UK budget deficit hit £3.1 billion in July 2024, marking the highest July deficit in the past three years. This result significantly exceeded economists'...

Billionaire Tech Mogul Mike Lynch Missing After Sicily Yacht Disaster

Mike Lynch, a UK billionaire and tech entrepreneur, is among six people missing after the Bayesian superyacht sank off the coast of Sicily during...

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