Tag: Great Britain
British water supplier threatened with collapse
Thames Water The water utility is in an existential crisis. (Photo: Bloomberg) London The heavily indebted British water utility Thames Water is apparently on the verge of nationalization. According to…
Banks give emergency aid to UK mortgage borrowers
Banker to the UK Treasury Secretary Alison Rose, CEO of the Natwest Group (right) and her communications chief Alex Dawtrey leave 11 Downing Street after meeting Treasury Secretary Jeremy Hunt.…
Bank of England raises key interest rate surprisingly sharply – to 5.0 percent
British central bank The Bank of England raises interest rates to 5.0 percent. (Photo: dpa) London The Bank of England (BoE) is accelerating the pace of combating inflation and is…
Bank of England raises key interest rate surprisingly sharply – to 5.0 percent
British central bank The Bank of England raises interest rates to 5.0 percent. (Photo: dpa) London The Bank of England is driving up interest rates in the fight against inflation.…
8.7 percent: British inflation rate remains high
Core inflation, which excludes strongly fluctuating energy and food prices, even rose from 6.8 to 7.1 percent, reaching its highest level in 31 years. Great Britain is thus losing touch…
European car manufacturers are behind Great Britain – and against the EU
Ford e-car production in Cologne According to the head of the association, Sigrid de Vries, there is a risk of considerable damage to the European economy. (Photo: dpa) Brussels The…
British think tank warns of sharply rising mortgage rates
A man stands outside a property office in Manchester Mortgage payments in the UK could become more expensive for many households. London With mortgage rates rising in the UK, a…
Crisis at British hedge fund Odey is spreading
Finance manager Crispin Odey The hedge fund founder is said to have sexually molested a total of 13 women over the past few decades. (Photo: Odey Asset Management) Frankfurt The…
Parliamentary Committee delivers scathing verdict on Boris Johnson
Boris Johnson At the beginning of 2022, the violations of the corona rules, known as “Partygate”, plunged the then Johnson government into a permanent crisis. (Photo: AP) London As British…
Committee recommends suspension of ex-PM Boris Johnson
Boris Johnson Johnson says he will be fined for misleading Parliament. (Photo: AP) London Former British Prime Minister Boris Johnson knowingly misled Parliament over the “Partygate” affair, according to an…
Inflation triggers new turbulence in the bond market
Bank of England in London In the coming week, the British monetary authorities will discuss the further course. (Photo: dpa) Frankfurt,London When central bank governor Andrew Bailey calls the next…
Vodafone and Hutchison are merging their UK mobile divisions
Vodafone boss Margherita Della Valle The new Vodafone boss is under pressure to act. Major shareholders are demanding improvements in earnings. (Photo: via REUTERS) London British telecommunications group Vodafone and…
Former Scottish Prime Minister Sturgeon briefly arrested
Nicholas Sturgeon In the governing party SNP, donations of of almost 667,000 pounds (around 780,000 euros) have been embezzled. (Photo: AP) Edinburgh A few months after stepping down as Scottish…
Former Scottish Prime Minister Sturgeon arrested
Nicholas Sturgeon In the governing party SNP, donations of of almost 667,000 pounds (around 780,000 euros) have been embezzled. (Photo: AP) Edinburgh Former Scottish Prime Minister Nicola Sturgeon has been…
Great Britain is in danger of failing in the energy transition
British Prime Minister Rishi Sunak The government in Great Britain has set itself ambitious goals for the energy transition. (Photo: via REUTERS) London In Great Britain there is no heating…
Ex-PM Johnson resigns as MP
Boris Johnson Illegal parties during the lockdown are now costing the ex-prime minister his political career. (Photo: AP) London Former British Prime Minister Boris Johnson is resigning from Parliament with…
Crispin Odey’s hedge fund: allegations of sexual harassment
Hedge fund founder Crispin Odey The financial manager is accused of sexual harassment. He denies the allegations. (Photo: Reuters) London The British hedge fund Odey Asset Management (OAM) tried on…
UK is tightening rules for crypto investments
Symbolized Bitcoin The British financial regulator is tightening the marketing rules for cryptocurrencies. (Photo: dpa) London The British financial regulator Financial Conduct Authority (FCA) will tighten the rules for trading…
Denmark’s prime minister is considered the favourite
Brussels, London Suddenly Mette Fredriksen interrupts her speech in the Danish Parliament. “What I have just read here is not mine. Or from another person, ”said the head of government…
Debra Crew becomes head of the liquor company faster than planned
New Diageo boss Debra Crew Like her deceased predecessor, the new head of the British spirits manufacturer is focusing on expansion with expensive premium brands. (Photo: Diageo) London Due to…