Search: economy

World 03 May 2026

EU tightens sanctions on Russia over Ukraine advances

The EU implemented stricter sanctions on Russia following intensified fighting in Ukraine, targeting key sectors of the Russian e…

UK Politics 19 Jun 2026

Brexit's 6% Economic Toll Renews Push to Reset UK-EU Ties

Brexit has cost the UK economy 6%, according to Bank of England analysis, fueling renewed calls for a fundamental reset of UK-EU …

Economy 21 May 2026

EasyJet Warns Late Bookings Signal Deeper Consumer Anxiety

EasyJet warns late summer holiday bookings signal growing consumer anxiety, with analysts citing financial concerns driving last-…

Economy 21 May 2026

Bank of England Holds Rates Amid Stubborn Inflation Concerns

The Bank of England kept interest rates at 4.25% today, signaling a cautious approach to combating stubborn inflation despite ong…

Economy 21 May 2026

Reeves VAT Tourism Cut Bypasses Poorest Families

Chancellor Reeves’ VAT cut for tourism & hospitality primarily benefits middle & higher-income households, potentially excluding …

Economy 21 May 2026

UK Households Owe Record £2.1 Trillion Amid Living Cost Strain

UK households hold a record £2.1 trillion in debt, with debt-to-income ratios nearing 2008 levels, raising concerns about economi…

Economy 21 May 2026

Ceramics Sector Rescue Raises Questions on Industrial Strategy

The government announced a £120 million rescue package for Britain’s ceramics industry, addressing energy costs and overseas comp…

Economy 29 Apr 2026

Bank of England holds rates amid inflation pressure

The Bank of England maintained its benchmark interest rate at 5.25% today, pausing rate hikes while monitoring wage growth and co…

Economy 21 May 2026

UK GDP Holds Flat as Growth Outlook Dims

UK GDP remained flat in the latest monthly reading, with zero growth raising concerns about the country’s economic recovery outlo…

Economy 21 May 2026

SpaceX IPO: What British Investors Need to Know Before June 12

SpaceX’s upcoming IPO on the Nasdaq offers significant investment potential. British investors need to understand the details bef…

Economy 21 May 2026

UK Seals £3.7bn Gulf Trade Deal Despite Rights Groups' Alarm

The UK finalized a £3.7bn trade deal with Gulf nations, removing tariffs on goods like whisky and electric vehicles, sparking cri…

Economy 21 May 2026

Fuel Duty Freeze Extended as Russian Oil Sanctions Quietly Watered Down

The UK government extended its fuel duty freeze alongside relaxed enforcement of Russian oil sanctions, sparking criticism over c…

Economy 13 May 2026

Reeves Faces Cabinet Pressure Over Autumn Budget as Growth Forecasts Slip

Treasury sources say the Chancellor is resisting calls to ease borrowing rules even as the OBR trims its GDP outlook

Society 30 Jun 2026

Glasgow's £1.4 Billion Clyde Waterfront Regeneration Project Reaches Critical Milestone

Major urban development transforms riverside district with new residential and commercial spaces as city aims to rival European w…

Society 03 Jun 2026

Birmingham's Cultural Quarter Secures Major Arts Investment as City Positions Itself as C…

£42m funding boost will expand theatres, galleries, and cultural spaces as the city competes with London and Manchester

Economy 21 May 2026

Supermarkets Reject Pressure to Cap Milk, Bread and Egg Prices

Major UK supermarkets rejected government calls to cap prices on essential goods like milk, bread, and eggs, defying efforts to c…

Economy 30 May 2026

UK Hospitality Sector Presses Treasury on VAT Reform

UK hospitality leaders urge Treasury to enact permanent VAT reduction, warning of potential closures for pubs, restaurants, and h…

Economy 21 May 2026

Inflation Eases to 2.8% But Economists Warn Pressure Is Building

UK inflation eased to 2.8% in the year to October, according to new ONS data, signaling a slight drop but with economists warning…

Economy 21 May 2026

Reeves Unveils £100m Free Bus Scheme But Skips Energy Bills

Chancellor Reeves launched a £100m free bus travel scheme for England to combat cost-of-living pressures, excluding any support f…

Society 15 Jun 2026

Glasgow City Centre Experiences Revival as Independent Retailers Return to Historic Shopp…

Local businesses report improved footfall and investor confidence as city centre revitalization efforts gain momentum following p…

Society 08 Jun 2026

Bristol's £1 Billion Regeneration: Harbourside Development Reaches Critical Phase

Major waterfront project promises 2,000 new homes and significant economic boost to West Country's largest city

Tech 16 Jan 2026

Top 10 Innovative British Startups in 2026

From autonomous driving AI to synthetic media — the UK's most groundbreaking new companies changing the world

Tech 13 May 2026

UK Tightens AI Rules as EU Enforcement Begins

The UK is strengthening its AI regulations to align with the EU's AI Act, as enforcement begins, marking a major overhaul of Brit…

Climate 14 May 2026

UK Misses Interim Net Zero Target, Report Warns

The UK failed to meet its interim net zero target, new report reveals, with carbon emissions increasing across key sectors despit…

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