England

Amid financial scrutiny, UK fintech giant Revolut faces rejection of its longstanding banking license application. Revolut facing potential rejection from its UK banking license application submitted to the Bank of England (BoE). The…

Andrew Bailey has acknowledged for the first time that the Bank of England is dealing with a downward spiral in UK wage rates, vowing to raise interest rates "as necessary" to bring inflation back to the bank's 2 per cent target.…

The Bank of England raised interest rates by a quarter of a percentage point to 4.5% amid growing concerns about persistently high inflation in the UK. The bank's Monetary Policy Committee voted by a majority on its 12th successive…

The Bank of England raised interest rates a quarter of a percentage point to 4.5 percent, as it warned it would not reach its inflation target until 2025.A seven-to-two majority on the central bank's Monetary Policy Committee said…

Labor is drawing up plans for a new water regulator as it seeks to tackle public anger over the dumping of raw sewage in Britain's rivers, lakes and beaches. Under the proposals, the Labor government would merge most of the…

The UK government will implement a pay deal for NHS England workers in the face of continued opposition from the main nursing union after it was accepted by a majority of staff representatives.Several NHS unions voted on Tuesday to…

More businesses went bankrupt in England and Wales in March than at any time since monthly records began three years ago. With companies struggling to pay mounting bills and rising interest rates at a time when the economy is in…

On April 12, Bank of England Governor Andrew Bailey stated during a press conference at the Institute of International Finance in Washington that stablecoins should be regulated in the same way as fiat currencies. according…

Ministers have been formally asked by the British Medical Association to enter talks, mediated by the arbitral tribunal ACAS, to end a dispute over the salaries of junior doctors in England that is straining a health service already…