Public sector employees across the United Kingdom are facing increasingly constrained pay prospects as the Treasury signals a period of subdued wage growth. The fiscal pressures weighing on government finances
Economy15- Page
805Articles
The anticipated decline in UK interest rates throughout 2025 did not materialise as expected. At the close of the previous year, the Bank of England held its base rate steady
The UK legal sector has recorded a substantial increase in revenue, rising 65 per cent over the past ten years according to new research from TheCityUK. The latest figures indicate
Homeowners are set to face higher costs for renovations as Travis Perkins, the country’s largest builders merchant, signals a significant increase in prices for key construction materials beginning in January.
Jaguar Land Rover which employs more than 38000 people has confirmed that a significant cyber attack earlier this year resulted in the theft of staff payroll and benefit data placing
Plans for the Sea Lion oil field, located 137 miles north of the Falkland Islands, have reached a significant milestone as Rockhopper Exploration and its operating partner Navitas Petroleum commit
Sir Keir Starmer and Rachel Reeves made economic growth the centrepiece of Labour’s manifesto, yet the first sixteen months of their government have brought little improvement. The UK economy has
Hiroki Takeuchi, chief executive of GoCardless, is set to receive a significant payout following the sale of the payments company to Dutch competitor Mollie. The transaction, valued at approximately £920
Oil production in the waters off the Falkland Islands is set to commence following the final investment decisions made by Navitas Petroleum of Israel and Britain’s Rockhopper Exploration. The initial
Recent trading activity suggests that market confidence in Sir Keir Starmer and Chancellor Rachel Reeves has strengthened, signalling an end to the elevated risk premium that has burdened UK government
Britain is increasingly reliant on high taxation to bolster public finances amid lacklustre economic growth, according to the head of the International Air Transport Association. Willie Walsh, director general of
The Bank of England has signalled potential job losses among its workforce of nearly 6000 as part of cost-cutting measures to finance improvements in its economic forecasting. Governor Andrew Bailey
Amid mounting economic pressure and internal debate within Downing Street, the Labour Party’s position on Brexit has come under renewed scrutiny, following a series of statements by Deputy Prime Minister
The Governor of the Bank of England has issued a warning over recent criticism of the Office for Budget Responsibility amid rising tensions between the fiscal watchdog and Chancellor Rachel
JP Morgan is set to build a new three billion pound headquarters in London’s Canary Wharf, an announcement that closely followed Chancellor Rachel Reeves’s recent budget. The move highlights the
Whitbread, one of the United Kingdom’s leading hotel groups and owner of Premier Inn, has issued a sharp warning that business rates reforms announced in the latest budget will result
