Categories
Eurostar rail stakes for sale in UK

The UK government is inviting interested buyers for 40 percent stake in Eurostar rail to support public finances. Eurostar rail stakes are up for sale under the UK government’s Autumn Statement and National Infrastructure Plan that was revealed in 2013. The government hopes to raise about £20 billion from corporate...

The major cyber attack on US bank JP Morgan Chase affected 76 million accounts. One of the largest bank in the United States, JP Morgan Chase, has announced that a breach in its cyber security has affected 76 million private and seven million business accounts. The bank revealed on October 2,...

Dispelling the usual belief that the housing market is slowing down, UK house prices rise by 10 percent–Halifax. British bank chain Halifax recently released a report highlighting the biggest change in housing trends in 7 years as UK house prices rise by 10 percent this year. At a time...

The European Union pushes UK to increase tax on expensive homes. The European Union has gently suggested the United Kingdom to increase the taxation level on the high value properties within the country. The commission has also asked to build more houses and adjust the Help to Buy Scheme....

It has been reported that retail sales in the UK faced their biggest annual fall in March 2014 since April 2013. The sales have been affected by unfavorable year-on-year comparisons because of the late Easter in 2014, one of the industry surveys showed on April 15, 2014. The British Retail...

A leading policy institute in the UK claims that Britain will surpass France and become the fifth largest economy in the world by 2018 and is also moving towards overtaking Germany in order to become the biggest European economy by 2030. The Centre for Economics and Business Research (CEBR) explains that...