The Competition and Markets Authority (CMA) has announced plans to accelerate its merger investigation decisions amid mounting pressure from ministers and business leaders who have criticised regulatory processes as overly
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The British economy is projected to grow by 1.5% in 2025, according to the latest forecast from the National Institute of Economic and Social Research (NIESR). This upward revision from
The Labour government’s comprehensive industrial strategy faces a significant delay, with publication now scheduled for June, coinciding with the spending review on the 11th. The postponement comes as the UK
Britain’s largest chipmaker has urged the government to establish a more competitive landscape through enhanced tax incentives, bringing the nation in line with global competitors in the semiconductor industry. Pragmatic’s
The UK government’s consultation on copyright law modifications has come under severe criticism from prominent industry figures, with accusations of being prejudiced towards AI companies at the expense of the
British consumer spending has reached its fastest growth rate in two years during January, offering a glimmer of hope for the UK’s sluggish economic performance, according to two authoritative surveys.
The United Kingdom’s used electric vehicle (EV) market achieved unprecedented growth in 2024, with sales soaring by 57.4% to reach 188,382 units, according to data released by the Society of
The pharmaceutical giant AstraZeneca has scrapped plans for a £450m expansion of its childhood flu vaccine manufacturing site in Speke, Merseyside, following protracted negotiations with the UK government over state
At least half of WH Smith’s high street stores may face closure under new ownership, creating the possibility of widespread job losses at the long-standing retailer. Industry experts suggest that
The UK retail sector, a cornerstone of the nation’s economy employing over three million people directly and supporting two million more in its supply chains, faces mounting financial strain. Despite
In a significant move that signals mounting concerns over economic growth, the Bank of England has reduced its base interest rate to 4.5%, whilst simultaneously cutting its UK growth forecasts
The Bank of England is expected to announce its third interest rate cut in six months this Thursday, with analysts predicting a reduction to 4.5 per cent from the current
British institutional investors are poised to significantly increase their UK investments if the government takes more decisive action to mitigate climate change risks, according to a revealing new survey by
British retail prices experienced a notable decline this month, driven by substantial discounting in furniture and fashion sectors, though the overall rate of price decreases has begun to moderate. Shop
In a bold move to stimulate the UK economy, Chancellor Rachel Reeves is exploring plans to unlock approximately £100 billion from Britain’s £1.2 trillion defined benefit pension system. The government’s
Britain’s second-largest supermarket chain, Sainsbury’s, has announced plans to cut more than 3,000 jobs across its UK operations as it braces for significant cost increases this April. The dramatic restructuring
