Domestic Affairs
August home sales are underperforming contrary to what experts predicted
UK house prices have experienced an unexpected drop in August, marking the first monthly decline since April. According to Nationwide Building Society, the average house price in the…
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Brexit reversal still a no-go zone for Starmer, but closer cooperation is the diplomatic goal #1
Prime Minister Keir Starmer has launched a diplomatic initiative in Berlin and Paris, aiming to bolster relations with the UK’s key European allies. Although he has ruled out…
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Keir Starmer tells about “economic black hole”, warns about coming austerity
Prime Minister Keir Starmer has warned the nation to prepare for a “painful” budget in October, emphasizing the need for significant spending cuts to address a substantial financial…
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The rate is not enough; definitive positive data is needed before making massive investment decisions
The Labour Party’s recent victory under Keir Starmer marks a significant shift in the UK’s economic landscape. Starmer’s administration is committed to revitalizing the economy by introducing sweeping…
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Pigs on the wing: up to 135,000 millionaires want to leave their own countries in 2025
Henley & Partners, a UK-based consultancy specializing in migration for high-net-worth individuals, projects that 128,000 millionaires will relocate from their home countries in 2024, surpassing the previous record…
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FCA unlocks £880 million to ‘support social and environmental projects’
The UK’s Financial Conduct Authority (FCA) has announced plans to expand the number of “sleeping” assets, which are funds that have been untouched in bank accounts for at…
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BoE mimics Federal Reserve policies: why it is a good thing for Europe
The Bank of England has reduced the UK’s primary interest rate for the first time since 2020, following a similar move by the European Central Bank (ECB) in…
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