The British property market has experienced a notable contraction, with the average house price falling to its lowest point in six months during December. According to mortgage lender Halifax, the
Economy
700Articles
Household expenditure on alcoholic beverages during the Christmas period has declined at its most rapid rate since the coronavirus lockdowns of 2021, according to retail data analysis. The contraction reflects
The UK government will receive a patriotic gift exceeding 600 million pounds to reduce its mounting debt burden from a charitable fund established nearly a century ago. The Debt Management
Grocery costs have pushed retail price inflation upwards, with the British Retail Consortium reporting a rise in shop price inflation to 0.7 per cent annually in December, up from 0.6
The British high street faces another significant blow as both Claire’s Accessories and The Original Factory Shop teeter on the brink of collapse, threatening more than 2,000 jobs across the
Andy Burnham’s Atom Valley project represents one of the most ambitious regional regeneration initiatives in contemporary British economic policy. Backed by a £1 billion “Good Growth” fund comprising loans and
Britain’s heavily indebted zombie companies face extinction as rising interest rates expose years of financial fragility, according to prominent insolvency specialist Begbies Traynor. The business recovery and financial consultancy firm
Britain’s ambitions to establish a thriving technology and life sciences hub along the Oxford-Cambridge corridor are being tested by mounting concerns over delayed infrastructure delivery. The government’s flagship project, intended
Bulgaria’s accession to the eurozone on 1 January 2026 marks a troubling milestone for the currency union. As the 21st member state to adopt the euro, Bulgaria faces significant headwinds
The financial landscape for UK households in 2026 presents a carefully balanced picture. Whilst inflation has declined from recent peaks and mortgage rates have begun to ease, the cost of
The global economic landscape entering 2026 presents a complex picture of divergent trajectories, with major economies grappling with structural headwinds whilst seeking pathways to sustainable growth. From tariff-induced disruptions to
Management consultancies are confronting mounting challenges against a backdrop of weak global economic conditions and technological upheaval. Accenture, recognised as the largest listed consultancy, has seen its share price fall
After several subdued years, cautious optimism is surfacing in the City as London shows tentative signs of revival in its initial public offering market. A modest recovery in IPO activity
The chief executive of defence group Leonardo has issued a stark warning regarding the future of its Somerset helicopter facility, citing the ongoing delay over the Ministry of Defence’s New
The United Kingdom has endured a challenging 2025, with stagnant growth, persistent inflation, and nervous bond markets contributing to a decidedly subdued economic mood. Despite these difficulties, there are emerging
Christmas has long been associated with increased alcohol consumption, as office parties and family gatherings encourage many Britons to indulge in festive drinks. However, the latest data now indicates that
