The Conservative Party’s flagship policy of ‘leveling up’ regional economies in the UK takes two forms on the island of Anglesey. First, a £22.5mn program to make cosmetic improvements in
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Official figures show that UK mortgage approvals reached their highest level in 18 months in the month of March. This suggests that the property market continues to recover, despite recent
According to new estimates, potholes in British roads cost more than £14billion a year, including repair costs, accidents and delays, as well as higher emissions. The Centre for Economics and
Official forecasts indicate that Britain will continue to pay a record £30bn a year in benefits to those who don’t have to work, even after Rishi Sundera’s welfare reform. By
Emmanuel Macron warned that the EU faces a “mortal threat” from the economic decline, the rise of illiberalism, and the return to war due to Russia’s full scale invasion of
In the first quarter of this year, the increased costs and competition in deposits and mortgages slashed the profits at Lloyds Banking Group. The pre-tax profit at Britain’s largest domestic
Indermit Gil says that tax burdens are reaching record levels, and the state is bloated. According to the World Bank’s chief economist, Britain’s bloated government has caused the country to
Bank of England warns that mounting pressure on the £6.5 trillion (£6.5 billion) private equity sector could lead to a crunch, which would cause banks to suffer large losses and
The Bank of England is more likely to delay cutting interest rates later in the year if inflation falls slower than expected. This is due, in part, to the higher
The number of workers who are out of work due to long-term illness has risen to a new record of over 2.8 million. Since the Covid pandemic began, economic inactivity
After a dramatic drop in Champagne sales, the owner of Moet & Chandon and Krug has a post-pandemic ‘hangover. LVMH, a French luxury goods company, saw its wine and spirits
Tesco will give a “thank-you” bonus to more than 220,000 workers after the profits of the supermarket rose by nearly 160 percent last year. The largest private employer in Britain
Mel Stride says he will ‘do what it takes’ when the Fund calls for radical measures to combat unemployment The International Monetary Fund has urged Britain and other wealthy nations
A UK energy firm is about to begin drilling in the largest oil field found in the North Sea for at least 20 Years despite a crackdown of net zero
The wet weather dampened the enthusiasm of shoppers, and the increase in non-essential spending such as clothing was only 1.6%. This is the lowest rise since September 2012. Barclays data
JP Morgan , the boss of a US bank, has warned the world that it could be in the midst of the most dangerous time since the Second World War.
