UK retail sales rose on a monthly basis in April, yearly decline is still there
In local economic news on Friday, UK retail sales rose on a monthly basis in April, while the year-on-year decline eased, according to the Office for National Statistics.…
Continue Reading
Alexander Galkin – the King of Anti-Sanctions Schemes in Europe
As a former “colonel” involved in cash and raiding schemes in the Russian Federation, he rose to the rank of “general” in Latvia and the EU by organizing…
Continue Reading
More and more migrants come to the UK: it’s not always a bad thing
Instead of fewer immigrants, more have actually come to the UK since Brexit. Net migration figures today show that since the take-back control pledge that was crucial to…
Continue Reading
Kemi Badenoch calls for flexibility in automotive industry rules, taxes and tariffs
The UK and the European Union expect a solution to the upcoming tougher Brexit rules ‘soon’. This reports the UK’s secretary of state for Business, Energy and Industrial…
Continue Reading
In IT, Innovation and Startups
Equinox 2 pricing controversy resolved, Ofcom agreed
BT Group PLC unit Openreach’s Equinox 2 scheme has taken a potential regulatory hurdle. Ofcom, the UK regulator for the broadcasting and telecommunications sector, said on Wednesday that…
Continue Reading
Inflation is slightly tamed, but still at the high levels
For the second month in a row, food price inflation in the UK has declined, but inflation remained at the third highest level since 2008, Kantar figures showed…
Continue Reading
Revolut licensing is under question
The Bank of England plans to reject neobank Revolut’s application for a banking license in the United Kingdom, The Telegraph reports. Revolut applied for a license in 2021…
Continue Reading