Economy

What Does CBI’s Call of More Help for Virus-Hit Companies Mean?

UK business organisation Confederation of British Industry (CBI), consisting of nearly 190,000 businesses, fears that several thousands of small busin...

Have Sunak’s policies been well-targeted? 

There is no denying that Rishi Sunak has been the most popular chancellor of the exchequer in the United Kingdom in the last many decades, primar...

Clearance of New UK Coal Mine Leads to Controversy Within the Govern...

A serious debate has erupted over the plans to open a new coal mine in the UK, which will be the first deep coal mine in 30 years. The Cumbria County...

UK government borrowings record their highest level in December

The latest figures posted by the Office for National Statistics reveal that the public sector net borrowing has hit a new record of £34.1 billion in D...

UK Retail Sales Surge in December, But Hit Record Low in 2020

The latest data published by the Office for National Statistics (ONS) revealed that the retail sales in the UK slightly increased for December, though...

GfK survey records a fall in the consumer confidence index in Januar...

The latest figures for the UK consumer confidence index for the month of January have been released. The monthly report publi...

UK Gas Networks Plan to Deliver First Hydrogen-Fuelled Town by 2030

  UK can expect to get its first hydrogen-powered heated town by 2030. Britain’s natural gas network operators are devising a strategy to...

Sunak’s Covid-19 policies being attacked by Labour

UK Chancellor Rishi Sunak has been fiercely attacked by the Labour Party on the way he is handling the economy during the pandemic. Sha...

UK’s annual consumer price inflation rises in December

  The Office for National Statistics (ONS) has released the Consumer Prices Index (CPI) data for December 2020, which stated that the 12-month i...

Financial Services Business Volumes to See A Spurt in the First Quar...

The Confederation of British Industry (CBI), in association with a consulting major PwC, conducted a survey in the financial services sector, which st...

Can the UK Aviation Sector Revive After Repeated Disruptions?

The aviation sector has been one of the worst victims of the coronavirus pandemic as the repeated, and prolonged travel curbs have disrupted the indus...

Most Britons Forced to Make Contactless Payments During Coronavirus...

As the pandemic washed up the shores of the UK, more than 30 per cent of the shoppers were discouraged from paying cash and were pushed for adopting a...

UK forms Build Back Better Council for economic revival

British PM Boris Johnson has launched the Build Back Better Council with the goal of creating jobs, boosting investment, and reviving the ec...

British firms call upon the government to extend financial support 

The Confederation of British Industry (CBI), the biggest business group in the UK, has requested the government to extend its&nbsp...

Act Now to Avoid Any Potential Disruption in Businesses: Paul Scully

  Businesses have to modify their functioning with regard to the new guidelines by the UK government after the completion of the Brexit transiti...

UK Expands Vaccine Rollout as Global Immunisation Drive Gears Up 

  The UK healthcare administration is all set to widen the ongoing vaccination programme in the next few weeks as the global Covid-19 inoculatio...

UK Supreme Court Rules in Favour of Small Businesses in Insurance Cl...

The Supreme Court of the UK on Friday provided relief to tens of thousands of small businesses that were forced to close during the Covid-19 pandemic...

Brexit aftermath: Supply chain disruptions make businesses face dela...

The United Kingdom and the European Union agreed upon the free trade Brexit deal on 24 December marking the end of 47 year association. The transition...

No drop in workers’ rights after Brexit, says Business Secretary Kwa...

  With a slew of modifications that are underway after the completion of Brexit transition deadline, the workers employed in the United Kingdom...

UK’s economy shrank by 2.6 per cent in November

  The gross domestic product of Britain fell by 2.6 per cent for November last year, according to latest data from the Office of National Statis...