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Monday, October 7, 2024

UK

UK Citizens to Face €7 Visa-Waiver Fee for EU Travel from Next Summer

Starting in May 2025, UK citizens traveling to the EU will need to pay a €7 visa-waiver fee as part of the new European...

Number of UK Restaurants and Hotels Increases for the First Time in Two Years

The number of pubs, restaurants, bars, and hotels in the UK has increased for the first time in two years, indicating a potential recovery...

GBP/USD Exchange Rate Remains Stable as Markets Await Key Economic Data

The GBP/USD exchange rate remains stable as financial markets await the release of key economic data that could influence future monetary policy decisions in...

UK Retail Sales Rise in July Amid Improving Consumer Confidence

London, August 16 (FFN) – UK retail sales increased by 0.5% in July compared to the previous month, recovering part of the losses from...

British Economy Grows in Q2, Stagnates in June

London, August 15 (FFN) – The British economy grew by 0.6% in Q2 2024 compared to the previous quarter, showing a slight slowdown from...

Starbucks UK Under Scrutiny for CEO’s £20 Million Compensation Amid Market Challenges

Starbucks has recently found itself in the spotlight in the UK following the announcement of a £20 million compensation package for its new CEO....

UK Inflation Rises to 2.2% in July, Surpassing Central Bank’s Target

London, August 14, 2024 – The UK's year-on-year inflation rate increased to 2.2% in July, surpassing the Bank of England’s (BoE) 2% target for...

Allianz UK Sells Musical Insurance Portfolio to Howden

London, August 14, 2024 – Allianz UK has completed the sale of its musical insurance book to Howden, marking a significant transaction in the...

Brown & Brown Expands UK Presence with Acquisition of CI Group

London, August 13, 2024 – U.S.-based insurance brokerage Brown & Brown has completed the acquisition of CI Group, a prominent UK trade credit specialist,...

UK Unemployment Rate Falls from Two-and-a-Half-Year High

Employment Gains Drive Job Market Improvement The unemployment rate in the United Kingdom has seen a notable decline, dropping to 4.2% in the three months...

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