Finance

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...

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...

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...

Two of the leading business bodies in the UK have predicted that the country will be able to surpass the pre-crisis period earlier than was previously planned. This kind of situation also means that the optimism in the private...

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...

The UK economy has been experiencing a steady recovery in recent times, which was the reason for an increase of optimism among the banks in Britain, regardless of the fact their loans to businesses saw a decrease in the...

E-commerce company PayPal has launched its new Check In mobile payment service in London Richmond. The company has listed the UK capital as a key area in an effort to increase wireless transaction levels in the UK. Initially, the new...