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Highlights:,Due to the decades-high inflation rate, business activity in the UK is witnessing a drop in momentum.,This comes as the cost-of-living crisis has curbed the spending power of consumers.,The UK economy is going through tough times. Gross Domest...

UK-based low-cost carrier Easyjet has announced today that it is buying 56 A320neo aircraft from the European aerospace company Airbus.

Trade body Make UK has upon the Treasury asking for more support amid poor economic outlook and rising energy, raw materials, and transport costs. ©2022 Kalkine Media® A survey by the trade body and accounting and business advisory fir...

Highlights As airlines continue to cancel flights, the UK government is planning to reduce the compensation provided to travellers. This comes after the carriers claimed that the compensation fees could be up to 3% of their turnover. Sever...

Highlights The leisure sector is booming after the removal of COVID-19 restrictions. However, companies are struggling to hire new staff and have bumped up salaries to attract more workers. After two years of struggle due to the pandemic, ...

The FTSE 100 index moved higher on Wednesday with several companies reporting higher sales and profits, including Bloomsbury (LON: BMY), WH Smith (LON: SMWH), and Whitbread (LON: WTB). The blue-chip index was up by 1.37% at around 11:00 AM (GMT+1) ...

Sterling fell to a eight-month low versus the euro on Tuesday after data showed the jobless rate in Britain rose for the first time since late 2020 in the three months to April. Official data showed the jobless rate edged up to 3.8% in the three m...

Top 100 restaurants in the UK have seen their losses swell by 24% to £832 million from £673 million in just the past six months, according to an analysis by accountancy firm UHY Hacker Young. The losses were largely on the back of major...

Britain's biggest pubs group Stonegate, which is suing Zurich Insurance and two peers for £1.0 billion ($1.2 billion) over lockdown losses, battled the COVID-19 pandemic "day by day, venue by venue", a London trial heard on Monday. Ben Lynch...

Smurfit Kappa (LON:SKG) said its paper mill in central England was unaffected by a large fire that spread from adjacent premises and that it did not expect any material impact on production. West Midlands Fire Service said more than 100 firefighte...