Duncan Cowan Ferguson is a retired Scottish football player and coach. He started his professional career 1990 at Dundee United before transferring to Rangers in 1993 for a record-breaking fee in Britain. After that, he played for English teams, including Everton and Newcastle United. He returned to Everton and retired in 2006. Ferguson won the FA Cup with Everton in 1995. Recently, he was the...
The United Kingdom is set to pass a new cryptocurrency bill to bring cryptocurrencies under the same rules applied to traditional assets. The bill, approved by the upper chamber of Parliament on June 19, 2023, is expected to give the Treasury, Financial Conduct Authority (FCA), Bank of England and Payments Systems Regulator the power to introduce and enforce regulations for crypto businesses. The...
Apple has hiked the prices of its iCloud storage plans in the UK and other countries. The price increases went into effect on June 28, 2023. In the UK, the following price increases have been made: 50GB plan: from £0.79 per month to £0.99 per month (25% increase) 200GB plan: from £2.49 per month to £2.99 per month (20% increase) 2TB plan: from £6.99 per month to £8.99 per month (27% increase)...
In April 2023, the Competition and Markets Authority (CMA) of the United Kingdom blocked Microsoft’s $69 billion acquisition of Activision Blizzard. The CMA was concerned that the takeover would reduce innovation and choice for gamers in the U.K. Microsoft and Activision Blizzard have appealed the CMA’s decision; the case is ongoing. The CMA’s decision was based on several factors, including: The...
Petrol prices in the UK have fallen 24% in a year and are now 45p-a-litre cheaper. This compares to a fall of 15% in the US, 12% in France, and 10% in Germany. However, the UK still has some of the highest petrol prices in Europe, with only Norway, Denmark, and the Netherlands having higher prices. Here is a table comparing petrol prices in some major countries as of June 2023: CountryPetrol...
MPs, campaigners and activists are increasingly concerned that savings rates are failing to keep pace with the rapid rise in borrowing costs, putting the behavior of the UK’s biggest banks in the spotlight. There are a few reasons why UK banks are taking so long to pass higher interest rates on to savers: Competition: Banks compete with each other for customers and only want to offer higher...
The future of UK fossil fuels is at stake in a test case that the Supreme Court will hear on Wednesday. Sarah Finch is challenging the drilling of four oil wells in Horse Hill, Surrey, on climate change grounds. She argues that Surrey County Council did not consider the full climate impacts of oil burning when it granted planning permission. The case is being closely watched by campaigners and...
On June 7, 2023, the UK government announced that it would host the first global summit on artificial intelligence safety. The meeting will be held in London later this year. It will bring together leaders from government, industry, and academia to discuss the risks and opportunities of AI and how to ensure that AI is developed and used safely and responsibly. The summit is part of the UK’s...
Baseball is not a major sport in Britain, but there is a growing interest in the game. Major League Baseball (MLB) is returning to London this weekend, and introducing new youth programs is seen as a way to boost the sport’s popularity in the country. On Saturday, an MLB game will be held at London Stadium between the St. Louis Cardinals and the Chicago Cubs. This is the second time that MLB has...
That’s right. UK inflation unexpectedly stayed at 8.7% in May, defying forecasts for a slowdown to 8.4%. This is bad news for UK Prime Minister Rishi Sunak, who has promised to halve inflation this year, and economically for millions of people across Britain struggling with a cost-of-living crisis. There is an expectation that the Bank of England will raise interest rates by 0.25 percentage...