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Economy
Three market trends for 2023
January 01, 2023 11:00 PM AEDT | By Rishika Raina2022 has been harsh on the UK, with the country’s economy contracting more than expected
Stocks to watch as the UK economy contracts
November 12, 2022 01:40 AM AEDT | By Rishika RainaAmid the spiralling prices, the UK economy shrank by 0.2% in the most recent quarter, pushing the country on the verge of a recession.
Who could be the next UK PM?
October 23, 2022 08:04 PM AEDT | By Abhishek SharmaHighlights:,After Liz Truss' resignation, the UK is set to get the third PM this year by the end of October.,Voting to choose the Conservative leader...
Liz Truss resigns as UK prime minister
October 20, 2022 11:41 PM AEDT | By Abhishek SharmaJust weeks after taking up the job, British prime minister Liz Truss resigned from the job on Thursday.
UK inflation back to double digits as price rises hit 10.1%
October 20, 2022 12:01 AM AEDT | By Abhishek SharmaHighlights:,After falling to 9.9% in August, UK inflation has climbed back to double digits.,The CPI for September reached 10.1% and is projected to r...
Hunt reverses mini-budget tax cuts, scales back energy bills support
October 17, 2022 10:50 PM AEDT | By Abhishek SharmaChancellor Jeremy Hunt has announced that the tax cuts announced in the mini-budget will be reversed. Besides, the energy bill support will not be ext...
Liz Truss sacks Kwasi Kwarteng, appoints Jeremy Hunt as new Chancell...
October 15, 2022 12:38 AM AEDT | By Abhishek SharmaHighlights:,Kwasi Kwarteng has been sacked as the Chancellor of the Exchequer by Liz Truss after just 38 days into the role.,He will be replaced by Je...
Brookfield Business Partners inks deal to sell Westinghouse; check d...
October 13, 2022 12:56 PM AEDT | By Team Kalkine MediaBrookfield Business Partners has announced to sell its nuclear technology services operation, Westinghouse Electric Company.
Over £60b needed to tame debt due to tax cuts: Think tank
October 11, 2022 08:12 PM AEDT | By Abhishek SharmaEver since it was announced in September, Chancellor Kwasi Kwarteng's mini-budget has been facing a lot of heat from economists and other organisation...
Government's U-turn on scrapping 45% tax rate: Here's what it means
October 04, 2022 08:58 PM AEDT | By Abhishek SharmaChancellor Kwasi Kwarteng has announced the reversal of the decision to scrap the 45% income tax rate for the highest earners. The move comes amid cri...
What does the government's mini-budget include?
September 25, 2022 07:00 PM AEST | By Abhishek SharmaHighlights:,Chancellor Kwasi Kwarteng on Friday announced a mini-budget in its bid to pump fresh energy into the economy.,The measures include tax cut...
Stocks amid falling output demand growth: Kalkine Media explores
September 21, 2022 06:36 PM AEST | By Abhishek SharmaHighlights:,Output demand growth registered a fall last month due to inflationary pressures.,Of the 14 sectors monitored, 11 reported a fall in demand...
UK business investment lowest in G7 countries: Stocks to eye
September 20, 2022 07:41 PM AEST | By Abhishek SharmaHighlights:,Despite corporation tax cuts, business investment in the UK has dipped to the lowest among the Group of Seven (G7) countries.,The news com...
Stocks to eye amid less-than-expected economic growth
September 12, 2022 09:20 PM AEST | By Rishika RainaAmid the growing cost-of-living squeeze, economic growth in the UK has turned out to be slower than expected.
Inflation-proof stocks to watch as Truss wins PM race: Kalkine Media...
September 06, 2022 06:40 PM AEST | By Rishika RainaLiz Truss has been announced as the leader of the Conservative Party on Monday.
Liz Truss to be new UK PM: What does it mean for your taxes?
September 05, 2022 11:49 PM AEST | By Abhishek SharmaHighlights:,Liz Truss' campaign opened and closed with tax cuts as the way out to the cost-of-living crisis.,There have been concerns that huge tax cu...
Liz Truss named new UK Prime Minister
September 05, 2022 09:40 PM AEST | By Abhishek SharmaHighlights:,Liz Truss is set to become the new UK prime minister,She was announced as the leader of the Conservative Party on Monday evening.,The lead...
Top banks to watch as UK elects Liz Truss as Prime Minister
September 05, 2022 08:46 PM AEST | By Rishika RainaTruss has recently said that it would be entirely wrong for her to tell how much the interest rate should be.
Truss vs Sunak: Challenges for the new UK PM
September 05, 2022 06:02 PM AEST | By Abhishek SharmaHighlights:,The name of the UK's new PM will be announced on Monday.,Liz Truss is expected to be the winner, as per reports citing Conservative Party...
Liz Truss vs Rishi Sunak: How do they plan to fix high inflation?
September 04, 2022 07:00 PM AEST | By Abhishek SharmaHighlights:,The leadership race is down to Lizz Truss and Rishi Sunak.,The country will get a new prime minister on Monday when Conservatives decide w...
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