• Tencent eyes pioneering UK rivals as it plans global expansion

    The Chinese technology giant has set its sights on pioneering UK rivals because of the country’s talented entrepreneurs and impressive investment record China’s biggest technology company, Tencent, has set its sights on pioneering UK rivals as it plans a global expansion. The technology giant is hunting for takeover targets in ...
  • London commercial property demand falls due to brexit uncertainty

    Brexit uncertainty has resulted in a fall in demand for London commercial property With Brexit uncertainty leading to the migration of big business from London, the capital is not only home to the largest volume of vacant commercial properties, but demand for these properties is at just 14% based on ...
  • EBA proposes tighter outsourcing rules for banks ahead of brexit

    The European Banking Authority (EBA) has proposed to tighten outsourcing rules for banks ahead of brexit The European Union’s banking watchdog proposes to tighten outsourcing rules for banks ahead of brexit. It has recommended tighter rules for lenders that want to outsource essential operations such as IT, saying Brexit could ...
  • Impact of China’s slowdown on the UK economy more than previously estimated

    Impact of China’s slowdown on the UK economy could be more than previously estimated – BoE research A new Bank of England (BoE) research has shown that risk to the UK’s economy from a sharp slowdown in China could be double than what has been previously estimated. The second largest ...
  • FTSE 100 up as pound dips prior to Bank of England’s latest rate decision

    FTSE 100 moved up as pound dipped prior to Bank of England’s latest decision on interest rates U.K. stocks moved higher Thursday, as pound dipped prior to Bank of England’s latest rate verdict, as the key London index continued to recover from a selloff prompted by trade tensions earlier in ...
  • Owning a home is cheaper than renting in the UK

    Owning a home could be cheaper than renting in the UK Owning a home could be cheaper than renting across the UK as first-time buyers could potentially save an average of £2,268 more than renters a year provided they can get on the housing ladder and afford the £51,000 deposit, ...
  • Technology firms to invest over £2bn in the UK

    Technology firms will invest £2.3bn into UK economy, which will create 1,600 new jobs Technology firms will invest more than £2bn into the UK economy, which will create 1,600 new jobs, UK Prime Minister Theresa May has announced. The technology sector in the UK is currently experiencing an acute talent ...
  • Bank of England (BoE) to prevent tech failures

    The Bank of England (BoE) has said it will set targets for banks and other financial companies to prevent and manage major IT failures The Bank of England (BoE) has said it will set targets for banks and other financial companies to prevent and manage cyber-attacks or major IT failures. ...
  • U.K. property asking prices reach new high

    Asking price of property in the U.K. has reached another high with strong sales and high demand Asking price of property in the U.K. has reached another new high, as the spring season closed with strong sales and high demand in parts of the region, according to Rightmove’s house price ...
  • European stocks edge higher ahead of Fed’s next move

    European stocks edged higher on Wednesday as investors looked ahead to the U.S. Federal Reserve’s latest monetary policy decision European stocks edged higher on Wednesday after swinging in and out of the red as investors looked ahead to the U.S. Federal Reserve’s latest monetary policy decision. The broader Stoxx Europe ...