British Prime Minister Keir Starmer recently met with German Chancellor Olaf Scholz and European business leaders in a bid to reset UK-EU relations post-BREXIT. The two sides have agreed to work on an ambitious cooperation treaty that’ll primarily cover defence, trade, investment, and more. Here’s what you need to know. A new reset in UK-EU relations Starmer's visit to Berlin, part of a broader European tour, looks to move Britain beyond the fractious EU relations of previous

The Bank of England (BoE) Monetary Policy Committee voted 5-4 in the first week of August in favour of cutting interest rates. The narrow decision saw interest rates slashed by 25 basis points from a 16-year high to 5%. However, BoE's Governor Andrew Bailey has noted that the central bank will be cautious with its monetary policies and rate cuts in the near future. This decision is likely to stir up various markets, including real estate, stocks, and fixed-interest products.