In a significant development, a court in London has approved a $14 billion-plus (10 billion pound-plus) class action lawsuit against Mastercard. According to claimants, 46 million British adults could receive 300 pounds each if it is successful. The class action… Read More ›
In a statement Hudson Pacific Properties and Blackstone said, they plan on creating a major film, TV and digital production complex in Broxbourne, UK. The development marks the first overseas expansion of their Sunset Studios platform. The two companies had… Read More ›
In the first half of this year, although car production in Britain has risen by nearly a third from last year’s slump, volumes are however down on the five-year average with the coronavirus-induced COVID-19 pandemic continuing to cause staffing and… Read More ›
On Tuesday, in a statement fund network Calastone said, UK-based equity funds recorded inflows totaling to $8.6 billion (6.2 billion pounds) during the second quarter. Incidentally, funds focused on environmental, social and governance (ESG) issues have grossed 50% of net… Read More ›
In a statement, the executive body of the European Union said, the United Kingdom is liable to pay $56.2 billion (47.5 billion euros) to the bloc as part of its post-Brexit financial settlement. The amount, forming part of the EU’s… Read More ›
According to a report from the Financial Times, the London-based hedge fund that suffered losses when it went short on U.S. retailer GameStop Corp’s shares, during the first meme stock rally earlier this year in January, is now closing shop…. Read More ›
In a statement the office of British Prime Minister Boris Johnson said, he would lead a new initiative to capitalize on scientific and technological breakthroughs made in the country with the purpose of directing research into areas that will benefit… Read More ›
In a report the Financial Times said citing sources familiar with the matter at hand, Britain is in talks with 6 companies for building gigafactories which will produce batteries for electric vehicles. According to the report, Nissan Motor Co Ltd,… Read More ›
Despite Britain’s move to curtail travel, Ryanair’s CEO said, he was optimistic about the possibility of an unrestricted travel between Britain and Europe from July onwards. “When people are travelling in July and August there will be no restrictions on… Read More ›
On Wednesday, members nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) officially agreed to allow the United Kingdom to start the process of joining the pact, said Japan’s economy minister in a statement. Welcoming the start of… Read More ›
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