Former defence minister Healey named as new UK finance ministerJohn Healey, a former defence minister, has been appointed finance minister by new Prime Minister Andy Burnham. Healey previously served as...
20 Jul, 2026, 11.30 PM IST
Global Market: BoE governor calls for balanced banking rules, rejects deregulation pushBank of England Governor Andrew Bailey pushed back against broad calls for deregulation, arguing that effective financial rules are essenti...
15 Jul, 2026, 12.46 PM IST
India-UK FTA comes into force: Industry hails ‘landmark moment’ for bilateral tradeThe Comprehensive Economic and Trade Agreement between India and the UK is now active. This pact aims to significantly boost bilateral trad...
15 Jul, 2026, 11.57 AM IST
UK banks' lack of Mythos access a wake-up call, government AI adviser saysHarriet Rees, chief information officer at Starling Bank, who was appointed "AI champion" by the finance ministry in January, said Britain ...
14 Jul, 2026, 11.31 PM IST
Global Market: UK's Rachel Reeves defends fiscal record ahead of leadership change; investors eye policy continuityBritain's Finance Minister Rachel Reeves defended her economic record ahead of an expected Labour leadership transition, while investors as...
14 Jul, 2026, 12.00 PM IST
Dollar steady before US inflation data, yen under pressureThe dollar remained steady as traders awaited United States inflation data. Middle East tensions caused oil prices to increase significantl...
14 Jul, 2026, 08.30 AM IST
Iran summons UK ambassador over stabbing allegation: state mediaIran summoned the British ambassador to protest accusations after a London court jailed two individuals. The court convicted the individual...
09 Jul, 2026, 03.00 PM IST
UK hard-right leader Nigel Farage resigns as MP to force snap vote in finances rowThe unusual move comes as Farage, whose Reform UK party leads national opinion polls, faces mounting pressure over the non-disclosure of gi...
08 Jul, 2026, 12.50 AM IST
On This Day in History, July 1: Terminator 2 premiers, Dominion of Canada is formed, Bretton Woods Conference opens, Hong Kong returns to China, Sony Walkman debuts, Princess Diana is born and other key eventsOn This Day in History, July 1 marks a date shaped by major military campaigns, nation-building, scientific breakthroughs and cultural mile...
30 Jun, 2026, 11.30 PM IST
Heatwave-hit London climate week spurs calls for faster actionLondon's climate week saw an event on extreme heat cancelled due to the venue being too hot, highlighting the urgent reality of global warm...
25 Jun, 2026, 02.36 PM IST
Dollar hits one-year high on Fed hike bets; yen nears 40-year lowThe US dollar surged to a year-high on Tuesday, driven by expectations of a more aggressive Federal Reserve and ongoing Middle East uncerta...
23 Jun, 2026, 01.54 PM IST
Can anyone fix Britain? Regular change of PM a symptom of UK's malaiseBritain faces a political crisis with a rapid turnover of leaders, the latest being Keir Starmer's resignation. Decades of economic stagnat...
23 Jun, 2026, 11.20 AM IST
Dollar firms on hawkish Fed bets, oil rebound; yen near 40-year lowThe US dollar strengthened Tuesday, driven by expectations of a more aggressive Federal Reserve and a rebound in oil prices. Elevated US Tr...
23 Jun, 2026, 07.48 AM IST
Keir Starmer resigns: The problems that piled up for the UK prime ministerKeir Starmer's resignation marks a dramatic reversal for a leader who swept to power promising stability after years of political turmoil. ...
22 Jun, 2026, 07.10 PM IST
Britain's pound, gilt prices hold lower after Starmer steps downPrime Minister Keir Starmer's resignation has sent ripples through the UK markets, with the pound and government bond prices dipping slight...
22 Jun, 2026, 02.15 PM IST
Brexit at 10: How Britain's financial sector recovered and evolvedPost-Brexit, London's financial landscape has witnessed a decline in its global market influence and workforce numbers. While some position...
21 Jun, 2026, 02.03 PM IST
UK PM Starmer ready to quit as per report, but source says he is still focused on the jobPrime Minister Keir Starmer is reportedly preparing to resign Monday, facing mounting pressure after a significant election win in 2024. Hi...
21 Jun, 2026, 08.13 AM IST