Topics: United Kingdom

UK Housing Market Grinds to a Halt as Rates Bite

Britain’s once-thriving housing sector is now flatlining amid a tightening chokehold of astronomical mortgage rates. New data reveals house prices and transactions went into...

UK Press Independence Questioned as Gulf Investors Circle Telegraph

The fierce bidding war for the prestigious Telegraph Media Group (TMG) has thrust concerns over UK press independence into the spotlight. As the auction...

Public-Private Partnership Proposed to Unlock £225 Bn UK Financial Services Growth

The City of London Corporation has proposed establishing a public-private partnership to oversee a 10-year growth strategy for UK financial and professional services. This...
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UK Offshore Wind Expansion Threatened by Rising Costs Deterring Developers

The UK's goal of ramping up offshore wind capacity faces headwinds as rising costs deter developer participation in key government auctions. These contracts guaranteeing...

UK Telecom Operators Face Scrutiny Over Mid-Contract Price Rises Amid Soaring Inflation

As millions of UK telecom billpayers grapple with record-high price increases of up to 17.3% this year, telecom companies' practice of raising prices mid-contract...

British Government Backpedals on Controversial Messaging App Surveillance

In a major concession, the UK government has delayed implementing controversial powers granted under the Online Safety Bill to scan private messages for harmful...
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UK Housebuilding Plummets Amid Rising Rates and Economic Gloom

UK housebuilding activity logged its second-sharpest drop since the early pandemic, reflecting mounting economic headwinds. The S&P Global/Cips construction survey showed homebuilding fell steeply in...

UK Aviation Regulator to Investigate Air Traffic Control Fiasco

The UK Civil Aviation Authority (CAA) has announced an independent review into the major air traffic control failure that wreaked havoc on the August...

Financial Collapse in Birmingham: The Canary in the Coal Mine for Local Governance

England's second-largest city, Birmingham, has stunned the nation by declaring effective bankruptcy amid "unprecedented financial challenges" from years of austerity. But Birmingham is just...
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Big Fish OTPP Swallows 7IM: A Tidal Wave in UK Wealth Management

A seismic shakeup is rocking the UK wealth management sector as consolidation accelerates. The latest blockbuster deal sees Canadian pension titan Ontario Teachers’ Pension...

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