Archives

Highlights Investor-led initiative Climate Action 100+ hasn’t contributed enough to tackle the issues related to climate change, as per a recent report released by NGO ShareAction. The purpose of the initiative is to curb greenhouse gas e...

• May 19, 2022 12:23 PM BST
• Rishika Raina

Highlights Chancellor Rishi Sunak has backed the Bank of England over its measures to contain the inflationary pressure. The Bank raised the interest rates recently for the fourth time in a row. Chancellor of the Exchequer Rishi Sunak has ...

• May 19, 2022 11:50 AM BST
• Abhishek Sharma

Highlights The UK government will set out new legislation to protect access to cash for local communities. The Financial Conduct Authority (FCA) will be given new powers over the UK’s largest banking and building societies to give local c...

• May 19, 2022 10:57 AM BST
• Priya Bhandari

Highlights The average house prices in the UK rose by 9.8% in the 12 months to March 2022. Data from the ONS showed that the prices climbed by £24,000 to £278,000. Buying a house is now becoming a distant dream for many as aver...

• May 19, 2022 09:23 AM BST
• Abhishek Sharma

Highlights The UK market has been going through a roller coaster ride lately, especially since the Ukraine war. The release of the latest inflation data by ONS on 18 May has again shaken the UK market, with inflation hitting a 40-year high leve...

• May 19, 2022 06:36 AM BST
• Rishika Raina

UK Market News: The UK stock market made a sluggish start on Monday, with the blue-chip FTSE 100 index losing around a quarter per cent over inflation worries. According to the Office for National Statistics (ONS), inflation in the UK jumped to a 40-...

• May 18, 2022 05:53 PM BST
• Priya Bhandari

Highlights UK inflation levels have hit a 40-year high level of 9% in April, as per ONS data. Last month, millions of UK households suffered due to a 54% hike in gas and electricity bills. The ongoing cost-of-living crisis due to rising inflat...

• May 18, 2022 05:49 PM BST
• Rishika Raina

Highlights UK factories are increasing prices at a record pace amid soaring inflation in the country. Inflation in April hit 9%, up from 7% in March, driven largely by a 54% rise in the energy price cap at the start of the month. Last month, o...

• May 18, 2022 05:41 PM BST
• Priya Bhandari

Highlights: The UK government has asked retailers to pass on the 5p fuel duty cut to customers. Fuel prices have been retailing at record highs in recent months. The cost-of-living crisis is hitting millions of UK households hard. The infl...

• May 18, 2022 05:31 PM BST
• Abhishek Sharma