Businesses across the UK are urging policymakers to rethink immigration policies amidst growing labour shortages and economic uncertainty. Rain Newton-Smith, the head of the Confederation of British Industry (CBI), has
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Chancellor Rachel Reeves’ ambitious fiscal policies could see her forced into raising taxes or cutting public spending by up to £60 billion before the next general election, according to leading
Business confidence has climbed to its highest point since before the October budget, largely driven by a delay in US reciprocal tariffs. According to the Institute of Directors’ latest economic
Nikhil Rathi, the chief executive of the Financial Conduct Authority (FCA), recently addressed MPs regarding the potential consequences of the government’s directive to stimulate economic growth. This initiative, he explained,
Europe is facing a critical challenge as it falls behind the United States and Asia in the rollout of 5G infrastructure, according to Vodafone’s Chief Executive, Margherita Della Valle. Speaking
Old Oak Common in west London, once overlooked and underdeveloped, is now on course for a dramatic economic and development transformation. According to a study by consultancy Arcadis, commissioned by
London’s Elizabeth line has achieved a remarkable milestone, recording 500 million passenger journeys since its May 2022 launch. This achievement has effectively restored rail passenger numbers to pre-Covid levels, demonstrating
A significant uptick in retail sales volumes marked the start of 2025, with food shopping and post-Christmas discounts propelling a 1.7 per cent increase in January. The rise, which exceeded
British mortgage lending growth is projected to surge beyond 3.1 per cent in 2025, marking a significant increase from the 1.5 per cent growth witnessed in 2024, according to the
Fresh data from the Office for National Statistics reveals a concerning trend in UK productivity, with merely three out of 18 private sector industries recording growth in the latest quarter.
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
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
Consumer inflation in China accelerated to its highest rate since August, driven by increased spending ahead of the lunar new year celebrations. The latest data from the Chinese National Bureau
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.
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
