WEXIT: Wealthy Brits Exit UK for EU Ahead of Budget

LONDON, Oct. 22, 2024 /PRNewswire/ — Most of the approximately 9,500 high-net-worth individuals (HNWIs) forecast to leave the UK this year are expected to head to the EU, which looks set to enjoy an influx of +6,500 millionaires from Britain by the end of December. The UAE will welcome the next biggest cohort fleeing the UK… Continue reading WEXIT: Wealthy Brits Exit UK for EU Ahead of Budget

Fast fashion retailer Shein to start roadshows soon ahead of London IPOShein is said to be working towards launching the float in the current quarter.

Shein is set to hold informal investor meetings in the coming weeks for its planned London initial public offering (IPO), three sources with knowledge of the matter said, pushing ahead with preparations as it awaits UK regulatory approval. The China-founded online retailer plans to hold informal roadshows mainly across Europe, one of the sources said, during which an IPO-bound company fields large investors’ questions and tests their investment appetite. The sources declined to be identified as… Continue reading Fast fashion retailer Shein to start roadshows soon ahead of London IPOShein is said to be working towards launching the float in the current quarter.

Political Candidate Accused of Being AI Insists He Is a Living Human With a Very Smooth, AI-Looking Face

The surfacing of an unusually smooth-faced politician in the UK sparked a fiery debate on social media last week. Mark Matlock, a candidate for right-wing populist party Reform UK, immediately raised suspicions with a profile picture that looked like it came straight out of a low-grade AI image generator. “Reform UK appear to have fielded… Continue reading Political Candidate Accused of Being AI Insists He Is a Living Human With a Very Smooth, AI-Looking Face

UK FINANCIAL MARKETS STEADY ON ELECTION DAY: CAXTON FX EXPERTS TO STAY VIGILANT

LONDON, July 4, 2024 /PRNewswire/ — As the UK heads to the polls today, financial markets are holding steady as forecasts predict a new Labour government. The long-anticipated shift seems imminent, with Labour maintaining a consistent 20-point lead in key polls since October 2022. Payments firm, Caxton, analyst David Stritch says that Labour’s proposed economic policies are… Continue reading UK FINANCIAL MARKETS STEADY ON ELECTION DAY: CAXTON FX EXPERTS TO STAY VIGILANT

Is Stellantis’s latest threat to axe UK plants credible?

Stellantis last week put a gun on the table and threatened to take out its UK manufacturing facilities if the government didn’t change its position on the ZEV mandate. Publicly threatening to axe UK manufacturing has become the preferred negotiating tactic by global car makers that, for whatever reason, feel they aren’t being heard through the… Continue reading Is Stellantis’s latest threat to axe UK plants credible?

SMMT Chief Executive Mike Hawes recognised for services to the UK automotive industry

Mike Hawes, Chief Executive of the Society of Motor Manufacturers and Traders (SMMT), has been awarded an Officer of the Order of the British Empire (OBE) for services to the automotive industry in the King’s Birthday Honours List. Mike joined SMMT as chief executive in 2013, after a number of years in the automotive sector… Continue reading SMMT Chief Executive Mike Hawes recognised for services to the UK automotive industry

Xpeng G6

There are three versions: a Standard range, a single-motor Long Range and a dual-motor Performance. That very closely mirrors the Tesla’s model line-up, and the range figures match, almost mile for mile, those for the equivalent Model Y versions on 20in wheels. The G6 has 800V electrics, though, like the Porsche Taycan and various Hyundai-Kia-Genesis EVs,… Continue reading Xpeng G6

India, 7 other WTO members slam EU & UK over steel duty

“The EU said it has evidence that the steel safeguard measure continues to be necessary,” said a Geneva-based official, who did not wish to be identified. India, China and Russia, along with five other World Trade Organization (WTO) members, on Monday criticised the European Union’s decision to extend its existing safeguard measure on certain steel… Continue reading India, 7 other WTO members slam EU & UK over steel duty

Kommission für Handelserleichterungen startet Initiative zur Steigerung der britischen Exporte und zur Förderung des Wirtschaftswachstums

Neue Kommission soll Händlern aus dem Vereinigten Königreich den Zugang zu internationalen Märkten erleichtern LONDON, 20. April 2024 /PRNewswire/ — Etwa 30.000 Unternehmen im Vereinigten Königreich, die im Jahr 2021 Waren exportierten, tun dies heute nicht mehr. Die Kommission für Handelserleichterungen (Trade Facilitation Commission – TFC) wurde eingerichtet, um die globalen Handelsaktivitäten kleiner und mittlerer… Continue reading Kommission für Handelserleichterungen startet Initiative zur Steigerung der britischen Exporte und zur Förderung des Wirtschaftswachstums

La Trade Facilitation Commission lance une initiative visant à stimuler les exportations et la croissance économique du Royaume-Uni

La nouvelle Commission a été créée pour aider les commerçants britanniques à accéder aux marchés internationaux LONDRES, 20 avril 2024 /PRNewswire/ — Environ 30 000 entreprises britanniques qui exportaient des biens en 2021 ne le font plus aujourd’hui. La Trade Facilitation Commission (TFC) a été créée pour soutenir l’activité commerciale mondiale des petites et moyennes entreprises… Continue reading La Trade Facilitation Commission lance une initiative visant à stimuler les exportations et la croissance économique du Royaume-Uni