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UK market rallies amid reports of govt's plans on funding tax cuts

 UK market rallies amid reports of govt's plans on funding tax cuts

UK Market:,The UK market was trading on the front foot on Monday after the government's U-turn on the tax rate and Chancellor Kwasi Kwarteng's plans to bring forward how the £43 billion tax cuts will be funded. The blue-chip index jumped over 2% at around...

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FTSE 100 trades higher as GDP grows by 0.2%

FTSE 100 trades higher as GDP grows by 0.2%

UK Market:,The UK market was trading in the green on Friday as the Office of National Statistics (ONS) reported that the UK's Gross Domestic Product (GDP) grew by 0.2% in the quarter to June. The number surpassed the previous forecasts of a 0.1% decline. ...

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UAE Ministry of Economy joins Metaverse craze

UAE Ministry of Economy joins Metaverse craze

The United Arab Emirates (UAE) Ministry of Economy opened its headquarters on the metaverse platform on 28 September

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Reabold Resources (LON:RBD) executes SPA for acquisition of Simwell

Reabold Resources (LON:RBD) executes SPA for acquisition of Simwell

Highlights:,Reabold Resources (LON:RBD) executed a Sale and Purchase Agreement ("SPA") to conditionally acquire Simwell Resources Limited ("Simwell").,The development will expand the company’s portfolio by adding four UK licences of the Southern North Sea...

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FTSE 100 falls with BoE’s intervention to reach £65 billion

FTSE 100 falls with BoE’s intervention to reach £65 billion

. Moving in line with the drops on continental European bourses, London’s FTSE 100 also took a hit.

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NXT, IHG, MAB: Key stocks to explore as BoE announces bond-buying programme

NXT, IHG, MAB: Key stocks to explore as BoE announces bond-buying programme

Highlights:,The UK is witnessing financial chaos in the aftermath of the Chancellor's mini-budget.,The budget included unfunded tax cuts worth about £45 billion, sending the pound sterling to an all-time low against the US dollar.,The,UK market,continued ...

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BoE deputy governor calls for extending the financial regulations to cryptos

BoE deputy governor calls for extending the financial regulations to cryptos

BoE Deputy Governor Jon Cunliffe, during a conference in London, highlighted that the regulators need to consider extending standards and regulatory regimes to cryptos.

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FTSE 100 hits 17-month low as fears about economy grow

FTSE 100 hits 17-month low as fears about economy grow

UK Market:,The UK market was trading in red amid concerns over the government's recent move to slash tax rates. The benchmark FTSE 100 fell to a 17-month-low in the afternoon trade as the International Monetary Fund (IMF) openly criticised the UK's new ec...

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FCA grants Revolut license to offer crypto services in Britain

FCA grants Revolut license to offer crypto services in Britain

Crypto payment app provider Revolut, on 26 September, received FCA registration to offer services to its users

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Reabold’s (LON:RBD) partner Rathlin Energy discusses development insights with West Newton Community Liaison Group

Reabold’s (LON:RBD) partner Rathlin Energy discusses development insights with West Newton Community Liaison Group

Highlights,Reabold Resources’ (LON:RBD) partner Rathlin Energy interacted with the West Newton Community Liaison Group (CLG) regarding the development of the West Newton project.,Rathlin's ongoing plans are based on the analysis and interpretation by Core...

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FTSE 100 moves higher as Treasury pledges to gold full-budget in Spring

FTSE 100 moves higher as Treasury pledges to gold full-budget in Spring

The index made modest gains following the Treasury vowing to hold a full Budget in the spring.

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