£2 Billion Investment in the Tech Sector in the United Kingdom in a Single Week In an extraordinary week for the United Kingdom, over £2 billion has been invested by world-leading companies in the tech sector. The Chancellor has hailed this as a testament to the nation’s robust economic conditions and attractive investment opportunities. Leading…
The UK and Saudi Arabia on Research Links Pact On 4th of March 2024, Andrew Griffith, Science Minister of the UK Government and His Excellency (HE) Abdullah Alswaha, Chairman of the Board of Directors of the Research Development and Innovation Authority, and Saudi Arabia’s Minister of Communications and Information Technology signed on Memorandum of Understanding…
UK’s Pursuit of a Free Trade Agreement with India Negotiators from India and the UK are preparing for another round of upcoming talks to address the differences in their proposed Free Trade Agreement (FTA). Key issues such as tariffs on automobiles, medical devices, and the movement of professionals will be discussed — according to an…
Lower Borrowing – Possible Tax Cuts As the UK government borrowed much less than expected in December last year, experts are speculating about the possibility of a tax reduction in the budget. The Office for National Statistics (ONS) reports that by the end of 2023, borrowing had decreased to £7.8 billion; the decrease in inflation…
The Importance of a Free Trade Agreement Between the Two Nations In the light of exiting the European Union (EU), the United Kingdom (UK) is rallying as many friendly partners as possible to ensure trades with them runs smoothly. Since the Brexit, the UK and EU have eleven months to decide and negotiate a new…
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