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UK Government Unveils $66B Plan as Chancellor Confirms Recession
/ Policy

UK Government Unveils $66B Plan as Chancellor Confirms Recession

UK goverment unveiled a new $66B budget including £30 billion in spending cuts and £25 billion in tax hikes.

November 17, 2022
UK Inflation Hits 41-Year High, STOXX Europe 600 Down 0.8%

UK Inflation Hits 41-Year High, STOXX Europe 600 Down 0.8%

European stock indexes including FTSE100, DAX, and CAC40 are down in early Wednesday hours on the reports of UK inflation hitting a 41-year high.

November 16, 2022
Binance to Share FTX Deal Documents with UK Lawmakers: Report

Binance to Share FTX Deal Documents with UK Lawmakers: Report

Binance is expected to provide information to UK lawmakers regarding its failed rescue deal with FTX and the $530M sale of FTT tokens.

November 15, 2022
BoE’s 75 BPS Hike Takes UK’s Key Rates to Highest Level Since 2008

BoE’s 75 BPS Hike Takes UK’s Key Rates to Highest Level Since 2008

BoE hiked interest rates by 75 bps Thursday, the largest single increase since 1989. The move takes UK's interest rates to 3%, the highest since in 14 years.

November 03, 2022
Meta Warned that it Cannot Self-Regulate its Metaverse in the UK

Meta Warned that it Cannot Self-Regulate its Metaverse in the UK

Meta and Microsoft will not be able to self-regulate their metaverse businesses in the UK, says Ofcom chief.

October 26, 2022

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