Tag: UK
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Scotland’s buy-to-let sector facing ‘perfect storm’, say brokers
The days of the ‘dinner party’ landlord are gone, according to mortgage advisers in Scotland who have said operating in the space is now the preserve of professional portfolio landlords. A combination of rising interest rates, tax reforms, and the Scottish government’s rent freeze and cap on rents have all converged to make the buy-to-let sector ... -
How insurers and brokers are tackling commercial underinsurance
How insurers and brokers are tackling commercial underinsurance – Insurance Post End of drawer navigation content Skip to main content Analysis: Pamela Kokoszka examines how commercial insurers are adapting their approaches to address underinsurance that could prove a fatal blow to businesses in the current economic climate. While business insurance has historically worked as static ... -
Australian company saves bankrupt UK car battery firm
LONDON Alamy Photo Australian company Recharge Industries is to take over Britishvolt, a bankrupt startup planning a gigafactory for electric vehicle batteries in the U.K., administrators overseeing a rescue deal said yesterday. class=”cf”> Financial group EY said in a statement that it had chosen Recharge as preferred bidder for Britishvolt, which collapsed last month, and ... -
London retains crown as Europes leading hub for tech investment
– London sees strong investment into high growth sectors including more fintech VC funding than any other city Global tech investors continue to put their faith in London, with latest end of year VC investment figures from Dealroom and London & Partners showing that the UK capitals tech firms raised an impressive ... -
Indian Migrations: Indians are leaving the country in droves. Here’s where they are headed and why
India had the largest diaspora population in the world with 18 million people from the country living outside their homeland in 2020, according to a report by the United Nations. According to the ‘International Migration 2020 Highlights’, by the Population Division of the UN Department of Economic and Social Affairs (UN DESA), the UAE, the ... -
MPs: Chinese Investment In British Energy Poses “Very Real Risk To Security”
Senior parliamentarians in the UK are sounding the alarm bells over Chinese extensive involvement in North Sea oil and gas, which they say poses a serious security threat to the country. MP Duncan Smith, chair of the Inter-Parliamentary Alliance on China (IPAC), told City A.M. that Chinese-backed investments in British energy resources pose a “very ... -
How foreign countries are attracting Indian students with lucrative offers and opportunities
Studying abroad is an experience that not only enables students to grow professionally but also helps in developing an international outlook. The growing aspirations of Indian students to pursue studies abroad is a testament to how it can help build a successful career and life. Recently, the overseas education market has shown tremendous resilience to ... -
TOP NEWS: UK GDP declines by more than expected due to extra holiday
(Alliance News) – UK gross domestic product shrank by more than initially expected in the third quarter, according to the latest figures from the Office for National Statistics on Thursday. The UK economy is now estimated to have contracted by 0.3% between July to September. This was downwardly revised from a previous estimate of a ... -
Bank of England seeks digital currency mobile wallet developer
A tender was posted on the UK government website last week, seeking an indicative budget of £200,000 for the wallet, which will be provided for both Android and iOS. In the tender, it said that while it does not plan to develop a user wallet itself, the tool will help it to develop payment scheme ... -
Windfall Tax Puts Shell’s $30B UK Investment Plan At Risk
Supermajor Shell will be re-evaluating each project comprising its $30 billion (£25 billion) planned investment in the UK energy system after Britain raised the windfall tax on oil and gas producers and slapped a similar tax on low-cost electricity generators. “We’re going to have to evaluate each project on a case by case basis,” Shell’s ...