A report reveals that the UK's net zero economy experienced a notable surge of 9% in 2023, in stark contrast to the marginal 0.1% growth observed in the overall economy....
UK businesses are grappling with increased shipping expenses and delays of up to four weeks, attributed to Red Sea attacks, according to a statement from a prominent business group. The...
As Chancellor Jeremy Hunt readies for another round of tax reductions in next week’s budget, economists caution that Britain's extended public services will bear the burden of post-election spending cuts....
Lawyers cautioned that under the upcoming new visa salary rules, UK workers face the potential of earning lower salaries than their foreign counterparts while performing identical job activities. This concerning...
Employment opportunities have declined significantly, experiencing a notable 15% drop. This downturn comes amidst a backdrop of escalating borrowing costs and a broader economic recession within the UK. Employment Opportunities...
The most influential banks globally are expressing scepticism about the Bank of England's macroeconomic assessment. A concerning proportion believes that the Monetary Policy Committee has misinterpreted global developments and is...
As February approaches its end, commuters face disruptions in rail services due to planned train strikes and an overtime ban by Aslef on Northern Rail and LNER services. Navigating the...
The Department for Work and Pensions (DWP) has unveiled ambitious plans to optimize £1.4 trillion in pension schemes, aiming to enhance benefits for savers and contribute to the broader economic...
In a stunning feat, Nvidia has entered the elite $2 trillion market value club, marking a historic milestone. This achievement comes hot on the heels of the chipmaker's stellar earnings...
Embarking on a new era in travel protocols, the United Kingdom has initiated its Electronic Travel Authorisation (ETA) scheme, signifying a pivotal shift in entry requirements for visitors to the...
In a promising development for UK households, energy bills are on the brink of reaching their lowest point in two years come April, thanks to a decisive move by Ofgem....
The UK's economy, rebounding from a recent recession, exhibits resilience with robust growth in services firms. Despite a surge in business optimism, inflation concerns, heightened by the recent recession, raise...
In a digital age where cryptocurrencies continue to stir debate, the reception to a recent European Central Bank (ECB) blog post critiquing Bitcoin has been notably contentious. As of today,...
In a cautionary note, Swati Dhningra, a policymaker at the Bank of England, has expressed concerns about the potential consequences of delaying interest rate cuts until inflation further subsides. Dhingra...
The Bank of England's official announcement solidifies the introduction of banknotes adorned with the likeness of King Charles III, slated for release on June 5th. In a directive aimed at...
Commuters felt relieved as the RMT union announced the cancellation of several scheduled train strikes following improvements in pay offers. However, concerns remain as London Overground employees continue to plan...
UK motorists have faced a significant £2 surge in petrol prices this month, attributed to escalating fuel costs amidst the ongoing Red Sea attacks. This sharp escalation underscores the susceptibility...
Jeremy Hunt received a pre-budget boost with the latest government borrowing figures revealing that the UK achieved a monthly budget surplus in January, marking a record since modern record-keeping began...
Indicating a positive turn in its economic trajectory, Britain exhibits signs of recovery following a mild recession, as affirmed by the Bank of England governor. The anticipation of a forthcoming...
As local authority funding faces an acute crisis, fresh analysis reveals an alarming trend: the overwhelming majority of councils across the UK are gearing up to enact maximum council tax...
Amidst the intricacies of fund transfers, a prominent pension provider has issued a stark warning to UK pension savers. The caution emphasizes the looming potential for significant financial losses in...
Recent reports highlight that high housing prices and insecure jobs in Britain are causing UK middle class households to grapple with financial struggles in their journey to maintain decent living...
Economists are pointing to a potential emergence of Britain's economy from recession, propelled by a significant surge in real wages. This wage surge is considered a pivotal factor in bolstering...
The Bank of England faces the peril of exacerbating the UK's recession unless it promptly reduces interest rates to alleviate the strain on households grappling with the relentless cost of...
House prices in Britain have experienced a year-on-year increase for the first time in six months, reflecting a boost in demand from buyers and indicating a stabilization trend in the...
Britain's system faces the stark reality of struggling to meet the needs of an ageing population, warns Andy Briggs, the chief executive of life insurer Phoenix Group. Retirees are at...
After enduring years of austerity and weathering the storm of the Covid-19 pandemic, Britain's economic growth faces a daunting reality an ailing workforce and businesses grappling with recruitment struggles. The...
In a week marked by the announcement that inflation remains at 4% in January, a glimmer of hope emerges for savers, the possibility of securing a savings account with an...
As the clock ticks on, signalling the inevitable journey toward retirement, a daunting revelation casts a shadow over the typical worker facing the stark reality of being left £600,000 adrift...
In the face of a looming national recession, Chancellor Rishi Sunak remains resolute in his assertion that the government can afford to implement tax cuts. Despite concerns about economic downturn,...
According to LinkedIn, the dynamic landscape of job growth in Europe is currently being reshaped by the flourishing fields of IT, sales and marketing, data analytics, and sustainability. Unveiling a...
In a revealing glimpse into the aspirations of third-country nationals seeking EU citizenship, a significant majority has expressed a distinct preference for Ireland's passport. Among the myriad choices available within...
Housing associations are cautioning the government about a concerning trend in London, where housebuilding is rapidly slowing down. Over the last 12 months, the construction of affordable homes in the...
On Thursday, amidst the disheartening revelation that the UK economy slipped into a recession in the latter half of 2023, London's financial markets, including the FTSE, and the pound demonstrated...
In the intricate mosaic of the United Kingdom's economic landscape, the omnipresent force of inflation plays a pivotal role, subtly but significantly influencing the costs associated with everyday essentials. Inflation's...
Rishi Sunak's vow to foster economic growth hits a dissonant note as the UK unexpectedly plunges into recession. Shadow chancellor Rachel Reeves asserts that Sunak's commitment lies in tatters, painting...
Following recent allegations of contract breaches by the Aslef union, train drivers from both Northern and LNER have announced plans to commence a series of strikes in the coming month....
Official statistics project a forthcoming rebound in the UK housing market for 2024, spurred by a £4000 decline in house prices noted in the previous year. This anticipated recovery carries...
Despite recent efforts to stabilize inflation, complaints persist among UK households as they continue to feel the impact of rising prices. The Consumer Prices Index (CPI), which peaked in 2022,...
Official data shows that UK inflation held steady at 4% in January, defying all the previous forecasts of a higher rise, as household goods' and food prices drop counteracting the...
With a breathtaking ascent, Bitcoin teeters at the $50,000 mark, marking a stunning resurgence from the depth of crypto turmoil and uncertainty that once shrouded its future. After over two...
The situation facing Bank of England rate setters became more complex today as official data revealed that wages had increased more than expected by the end of 2023. This unexpected...
Despite initial expectations of a slowdown, recent data indicates that pay growth in the UK has defied projections, continuing its upward trend. This persistence is noteworthy, particularly amidst challenges such...
A recent report highlights the struggle of poverty-stricken households in the UK to establish financial resilience amidst the ongoing cost of living crisis. It reveals that over 11 million working...
In a concerning development, individuals receiving care as mentally ill inpatients have been instructed to participate in jobcentre meetings regarding their benefits, further exacerbating the challenges they already have to...
In an effort to counter a substantial poll deficit against the Labour Party and address criticism from within his own party, Chancellor Rishi Sunak has endeavoured to present a more...
The United Kingdom is poised to experience a second consecutive monthly increase in its inflation rate, dealing a setback to expectations of a potential interest rate cut by the Bank...
As the City awaits the new revelations next week, anticipation looms over the fate of the UK economy, hanging in the balance of whether it succumbed to a recession in...
As the UK nears a historic milestone, welfare costs soar, with the working-age benefits bill set to exceed £100 billion this year. This unprecedented expenditure, linked to a surge in...
In the five years since the announcement of the no-fault evictions ban, over 26,000 Section 21 notices have been issued. Concurrently, the social housing stock has plummeted, creating a complex...