Jeremy Hunt, the chancellor of the exchequer, said that the Government of the United Kingdom will explore the possibility of selling its stake in NatWest Group and has intentions to offer the shares to the public if the appropriate decision is made.
The chancellor of the exchequer Jeremy Hunt announced a deterioration in the forecast of economic growth in the UK.
According to the results of October, the annual inflation rate in the UK showed a sharp decline to the level of 4.6%.
Ex-NatWest boss Dame Alison Rose will lose 7.6 million pounds ($9.2 million) after admitting that she discussed the closure of Nigel Farage’s bank account.
The media reported that the startup Stability AI, which operates in the sphere of artificial intelligence and is known for its Stable Diffusion software designed to create images, was able to raise funding for about $50 million.
The Bank of England has warned that the economy of the United Kingdom is highly likely to continue to show zero growth until 2025 against the background of high-interest rates or even a continued increase in this indicator.
Starting October 31, 2023, select UK households began to receive £300 cost of living payments. Here’s a detailed explanation of who can expect a second round of government support and when the money arrives in your bank account.
The UK government Wednesday, November 1, announced its intention to invest funds in the amount of 225 million pounds ($273 million) in a supercomputer with artificial intelligence.
In the UK, against the background of the cost of living crisis, the use of the Buy Now, Pay Later (BNPL) service has sharply increased.
UK HM Treasury has published the final results of the consultation on the regulatory regime for crypto assets.
Revolut continues its difficult path to obtaining a banking license in the United Kingdom.
British Lloyds Bank announced the expansion of cooperation with the FreedomPay commerce platform, which is focused on the consumer.
The media reported that the British Metro Bank was able to secure $1.1 billion from investors.
The British company TalkTalk Telecom Group is currently selling its business-to-business unit to a specialized organization that is controlled by the main shareholders of these broadband Internet access providers.
The media reports that Apple has launched an integration with the iPhone Wallet app, through which users of this digital product living in the UK have access to information about their account balances and transaction history data.
UK GDP is now 1.8% higher than its pre-pandemic levels, having increased by 0.2% in Quarter 2 (Apr to Jun) 2023
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