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UK Economy

Banking and FinanceTop Stories

UK Credit card borrowing rises at its fastest in 17 years

GBO CorrespondentJune 6, 2022
GBO CorrespondentJune 6, 2022
In April, the annual growth rate for credit card borrowing hit 11.6%,...
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Airport authorities struggle to contain chaos at UK airports

GBO CorrespondentJune 2, 2022
GBO CorrespondentJune 2, 2022
Crowd mismanagement continues due to staff crunch....
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EnergyTop Stories

UK families struggle to pay energy bills, seek refuge in McDonald’s

GBO CorrespondentMay 24, 2022
GBO CorrespondentMay 24, 2022
Hard-pressed parents and children are being forced to use fast food for...
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Real EstateTop Stories

Average UK house prices breach £350,000 for the first time

GBO CorrespondentMarch 21, 2022
GBO CorrespondentMarch 21, 2022
The UK recorded the highest yearly growth rate of house prices since...
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UK chipmaker Arm to lay off 1,000 staff

GBO CorrespondentMarch 17, 2022
GBO CorrespondentMarch 17, 2022
The slashing of the workforce comes as their sale deal with Nvidia...
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GBO Apr-Jun 2025 IssueCURRENT
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Trump’s $2 trillion deals recast US-Gulf relationsBeyond the dollar signs, Donald Trump’s Middle East agreements are poised to reshape the region’s development trajectory…

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Market slide frays investors’ nerves with AI trade, rate-cut doubts


Microsoft, Nvidia to invest in Anthropic as Claude maker commits $30 billion to Azure


Google launches Gemini 3, embeds AI model into search immediately

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