The UK

Banking

Santander Considers Leaving UK as It Ramps Up to Full-Service Digital Bank in US

Photo by Marcin Nowak via Unsplash

Not long after pledging to operate a digital bank in America, Spain’s most valuable lender is reevaluating its business in the UK.

2 min read

Photo by David Iliff via CC BY-SA 3.0

International Economics

The UK’s Higher-Education Sector is Trying to Dodge a Finance Crisis

The UK’s top-notch schools are a premier destination for international students, and education is a big part of the economy.

2 min read
Photo by TechCrunch via CC BY 2.0

Artificial Intelligence

The UK Investigates Amazon’s Partnership with Anthropic

The UK’s Competition and Markets Authority is probing whether Amazon’s $4 billion partnership with Anthropic might break antitrust rules.

2 min read
Photo by Aron Van de Pol via Unsplash

International Economics

London’s Days as the World’s Money-Laundering Capital May Be Numbered

London has been the world’s top spot for money laundering, but that could be changing. Roughly 17% of UK millionaires are leaving.

2 min read

Photo by Rann Vijay via Pexels

Finance

Sixth Street Gives Affirm a Big Boost

Private credit and buy-now-pay-later firms are teaming up to cut banks out of the consumer finance supply chain.

2 min read
Photo by Roy Luck via CC BY 2.0

M&A

Nippon Steel’s $15 Billion Acquisition of US Steel Might Fall Through

The Committee on Foreign Investment is divided on if the deal presents a security risk. The split gives Biden more grounds to block the deal.

1 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Jérémy Barande via CC BY-SA 2.0, David Shankbone via CC BY 3.0, Obama White House Archived, and U.S. Air Force / Trevor Cokley

Economics

How the Great Wealth Transfer is playing out for Billionaires

The oldest among us are richer than ever, so are the richest. So what happens when the oldest and richest start passing their wealth along?

5 min read

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