United Kingdom
UK factories face biggest month-on-month jump in costs since 1992: PMI
This is due to rising oil and gas prices and higher transport costs caused by the Middle East conflict
UK retail sales fall back in February ahead of Iran war impact
Retail sales volumes slipped by 0.4% on the month
UK GfK consumer sentiment drops to 11-month low on Iran war worries
[LONDON] British consumer sentiment weakened to its lowest in nearly a year in March as households fretted about the potential impact of the Iran war on the economy and the possibility of sharp price ...
UK consumer sentiment falls as Iran war rages: KPMG
A quarter surveyed described their financial situation as “insecure”
An unexpected benefit of UK banknote innovation: Britons eat less cash
The number of damaged notes – especially those that have been ‘chewed or eaten’ – is down substantially
Bank of England sheds senior staff as 75 get top £150,000 payout
As part of cost-cutting efforts, 8% will depart in the coming months
The Hormuz gamble: Trump’s coalition dream and its hard realities
Gap between Trump’s claims and silence of the countries he is counting on speaks volumes about limits of pressure-based multilateralism
Asia anguishes over proposed EU Industrial Accelerator Act
As the EU signals a trade policy pivot, countries like China and Japan mull its effect on competition and business
Revolut gets full UK banking licence after years-long wait
The London-based financial services firm will now take on Britain’s incumbent banks
UK watchdogs press Meta, TikTok, Snap and YouTube to block children
ICO fined Reddit nearly £14.5 million (S$24.8 million) last month