UK's financial regulator, the FCA, faces new scrutiny from parliamentarians who have branded it 'incompetent.' The US remains Ireland's top export destination, valued at €54 billion. Additionally, Intel secured a major federal grant from the Biden administration to boost domestic semiconductor manufacturing.
The UK's financial services watchdog, the FCA , is facing renewed criticism from parliamentarians who have branded it 'incompetent' after a critical report. An all-party Westminster group is set to report on the organization's integrity, revealing major flaws and poor handling of complaints. Meanwhile, the US continues to be Ireland's top export market at a value of €54 billion, representing 28% of Ireland's total exports.
Additionally, the Biden administration has finalized a deal to provide Intel with nearly $7.9 billion in federal grants to support domestic semiconductor manufacturing
Financial Watchdog FCA US-Ireland Trade Intel Grants Semiconductor Manufacturing
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