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HSBC’s Silicon Valley Bank UK acquisition raises Hong Kong lender’s tech profile

Just over a year after HSBC Holdings acquired the UK unit of Silicon Valley Bank (SVB) for £1 (US$1.27), wealthy customers from Hong Kong...

Rishi Sunak: UK’s history maker gambling on general election turnaround

Rishi Sunak made history as the UK's first British Asian Prime Minister but his future will be in the hands of British voters when...

UK inflation rate falls to 2.3 per cent in April

The rate of inflation in the UK was 2.3 per cent in April, down from 3.2 per cent the month before, but still above...

UK financial services sector contributes record £110.2bn to nation’s coffers

Evidence the UK's financial services sector is the powerhouse of the country's economy was revealed in a new report on Tuesday.Commissioned by the City...

Heidelberg Materials UK grows recycling business line with acquisition of B&A Group

UK: Heidelberg Materials UK has acquired Bristol-based B&A Group. B&A Group employs...

Post-Brexit border arrangements expected to cost UK taxpayers $6 billion

The post-Brexit border checks are expected to cost taxpayers in the United Kingdom at least $6 billion after repeated delays in setting new rules,...

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