Tag: UK
Major Banks to Close 48 Branches in April Alone: More to Come?
Various banks will close 48 branches this month and will continue to close more as the year goes on. This includes Halifax and Lloyds. Barclays and the Bank of Scotland. Barclays will close 21 branches, Halifax will close 14, and Lloyds will close 12. The Bank of Scotland will close only one. Why are the…
Tech Roundup 24/3/24: A Week of Innovation and Controversy
The tech industry is always in motion, and this past week was no exception. From groundbreaking advancements in AI to legal battles, here’s what’s has been happening: Apple Under Fire The US Justice Department has taken aim at Apple, accusing the tech giant of monopolising the smartphone market. This lawsuit marks a significant challenge to…
German Leaks British Intelligence to Russia
What Happened? In early March, German Lieutenant General Ingo Gerhartz had been talking to Luftwaffe Officers about Britain and France donating new Storm Shadow Missiles. He also said that British Troops are “on the ground” in Ukraine. A Military leak in April 2023 showed a handful of NATO Special Forces troops in Ukraine, with the…
Weekly Politics Summary: 8/3/24
Jeremy Hunt and his Spring budget On Wednesday the 6th of March Jeremy Hunt announced the UK Spring budget that will aim to improve the British economy and raise support for the Conservative Party ahead of a 2024 election which is either going to be in August or in May. The major change will be…
Debunking Common Myths in The World of Finance
You Need Lots of Money to Start Investing You may have heard people say you need copious amounts of money lying around to start investing. Although there is some truth to this, it isn’t the entire story. In reality, you could start investing with as little as £1 thanks to fractional shares and some brokerage…
The 3 Big changes in the Spring Budget
On Wednesday the 6th of March, Jeremy Hunt announced in Parliament what the Spring Budget will contain. This is expected to be the final budget ahead of an expected summer general election. Taxation The National Insurance tax will be reduced by 2%, on top of the 1% cut in the Autumn statement, for both employees…
