LONDON –Uber has lost its bid at the UK Supreme Court to impose a 20% value-added tax (VAT) on rival…
Author: walker Johnson
SFO Freezes Crypto Assets Tied to Arena TV Scandal in First Use of New Powers
LONDON, July 22 — The UK’s Serious Fraud Office (SFO) has frozen over £11,000 in cryptocurrency assets as part of…
UK Green‑lights £38 Billion Sizewell C Nuclear Plant to Secure Future Energy
LONDON, July 22 — The UK government has granted final investment approval for the £38 billion Sizewell C nuclear power station,…
UK and OpenAI Forge Strategic AI Partnership
The UK government and OpenAI—the creator of ChatGPT—have entered into a strategic partnership to bolster AI security research and explore…
BP Exits US Onshore Wind Sector in Strategic Shift Toward Core Energy Business
LONDON, July 18 — British energy giant BP has announced the sale of its entire U.S. onshore wind business to…
EU to Raise EIB Lending Cap to €100 Billion Amid Defence and Innovation Push
LONDON – The European Union is set to significantly expand the lending capacity of its financial arm, the European Investment…
UK Retail Sales Suffer Steepest Monthly Decline Since 2023 Amid Post-Splurge Slowdown
LONDON, – Britain’s retail sector experienced its sharpest monthly contraction since December 2023, as official data revealed a 2.7% decline…
‘I Watched the Air Hostesses Die’: Sole Survivor Recounts Horror of Air India Crash
AHMEDABAD, INDIA —The sole British survivor of the tragic Air India Flight 171 crash has recalled the harrowing moments of…
EU Needs €241 Billion to Expand Nuclear Energy Capacity by 2050
BRUSSELS: The European Union’s ambitious plans to expand its nuclear energy capacity will require a staggering €241 billion (US$278 billion)…
German Economy Set to Grow 0.3% in 2025
BERLIN: The German economy is expected to grow by 0.3% in 2025 following two consecutive years of contraction, according to…