London, July 1, 2025. The Bank of England has announced plans to redesign the UK’s banknotes and is inviting the public to help decide who or what should appear on them. For the first time in years, the central bank is updating the look of its polymer notes, and this[Read More…]

London, July 1, 2025  The UK economy grew by 0.7% in the first quarter of 2025, outperforming all other G7 countries and showing signs of a strong recovery after last year’s slowdown. The latest data from the Office for National Statistics (ONS) highlights growth across key sectors including services, manufacturing,[Read More…]

London, July 1, 2025  UK-based fintech company Contribute has announced it is joining two major industry organisations  Innovate Finance and the Financial Data and Technology Association (FDATA)  in a strategic move to support the development of financial policy and regulation. The company, known for its AI-powered financial wellness tools, says[Read More…]

The United Kingdom and Pakistan are preparing to launch a significant trade initiative aimed at overcoming persistent non-tariff barriers (NTBs) that have constrained the growth of bilateral trade. The UK-Pakistan Trade Dialogue, scheduled to commence later this year, seeks to foster closer regulatory cooperation and practical solutions to facilitate smoother[Read More…]

London, July 1, 2025  The British pound weakened on Tuesday, while the FTSE 100 closed sharply lower, mirroring widespread losses across European stock markets. Investors grew cautious amid signs of a global economic slowdown and uncertainty over future interest rate decisions. Sterling dropped 0.4% against the U.S. dollar, trading at[Read More…]

The Financial Conduct Authority (FCA) has introduced a significant new plan aimed at helping millions of people in the UK put their savings to better use. With around £430 billion currently sitting idle in cash accounts, the FCA wants to make it easier and more affordable for savers to access[Read More…]

London  Business confidence in the UK has reached its highest point in nearly nine years, according to the latest Lloyds Bank Business Barometer released Monday. The survey shows that confidence among British employers rose to 51%, the strongest reading since November 2015. This increase follows a significant rise in May,[Read More…]

Millions of people struggle to make important financial decisions, like saving for retirement or investing their savings. Now, the Financial Conduct Authority (FCA) has proposed changes that could make it easier for people to get the help they need without the high costs of full financial advice. The FCA wants[Read More…]

The UK is preparing for its biggest change to financial advice in over a decade. The Financial Conduct Authority (FCA) has introduced new rules aimed at making investment guidance easier and more affordable for millions of people. Currently, personalized financial advice can be expensive and complicated, leaving many savers without[Read More…]

In a significant shift in its energy strategy, the UK government has withdrawn support for a £25 billion ($33 billion) mega-project intended to import solar and wind energy from Morocco through what would have been the world’s longest underwater power cable. The Morocco UK Power Project, announced in 2021 by[Read More…]