Liz Truss Threatens Rishi Sunak's Majority and Urges Conservatives to 'Stop Taxing and Banning Things'
Liz Truss has been ushered back into the limelight after increasing her popularity in parliament with the support of 60 Tory MPs.
Bank of England Holds Interest Rates at 5.25%
The decision to hold the rate comes after figures revealed an unexpected slowdown in inflation in August.
Ukraine port ship reaches Istanbul despite Russian blockade
A civilian cargo ship sailing from Ukraine reached Istanbul on Thursday in defiance of a Moscow blockade that sent tensions soaring after Russia opened fire on a Turkish-owned ship.
Operating profits in the grocery retail industry dropped by over 41%
According to CMA, competition in the UK grocery retail industry will keep price increases low, despite food and grocery costs at historically high levels.
Britain moves closer to creating a Global Response Force to tackle changing global threats
The British government has updated the Defence Command Paper with an aim to create a global response force and increase the stockpiles.
Study reveals UK SMEs embrace AI despite regulatory concerns
A study conducted by Gong reveals that UK enterprises are integrating AI technology into their operations despite the absence of a legislative framework.
Bank of England set to increase interest rate for the 13th time in a row
The Bank of England is expected today to raise the interest rate for the 13th time in a row, despite recent forecasts of an improving economic outlook.
Prime Minister Rishi Sunak provides update on illegal migration delivery
Prime Minister Rishi Sunak provides an update on the government's progress in tackling illegal migration, highlighting a 20 per cent decrease in small boat crossings and comprehensive measures taken to address the issue.
Thousands of Brits to get refunded, Good Energy and OVO Energy found to have been overcharging customers
This subsidy is able to bring an average household's bills down to roughly £2,500 a year in Great Britain.
Europe resists energy crunch, boosting growth forecast
Consumer price inflation is expected to drop back to 2.8 percent in 2024, still above the European Central Bank's two percent target.
1,000-year-old Viking coins unearthed by young girl in Denmark
A hoard of nearly 300 Viking coins that are believed to be more than 1000 years old has been unearthed near the ruins of a Viking castle in northern Denmark.
Germany's Scholz in India to press on EU trade deal
Germany's Scholz in India to press on EU trade deal
UK government aims to transform Britain into the next Silicon Valley and tech superpower
UK Chancellor Jeremy Hunt believes "being a technology superpower can change our country's destiny" and has plans to "unlock our national potential to be one of Europe's most exciting, most innovative and most prosperous economies".
Why energy companies are making so much profit despite UK windfall taxes
Although Shell and BP have headquarters in London, they are multinational companies operating in many countries with different fiscal regimes.
France suffered record heat, rain shortfall in 2022: weather office
France experienced its hottest average temperature and lowest levels of rainfall on record in 2022, the national weather office said on Friday.
2022 set to be UK's hottest year on record
Most of England and Wales experienced drought this summer after exceptionally high temperatures and heatwaves as well as little rainfall.
The Try Guys after Ned-xit: the future of 2nd Try after founder's scandal
Ned's scandal cost their company hundreds of thousands of dollars due to unsalvageable videos that had to be scrapped entirely.
Government to aid UK households minimise cost of energy
The UK government has introduced new measures to help households minimise the way they consume energy and how they can save costs yearly.
Universal free school meals would make a huge difference to the cost-of-living crisis – here's how
Universal free school meals would put money back in the pockets of parents who are either currently purchasing school meals or preparing packed lunches.
High mortgage rates push UK first-time buyers towards rental market - Rightmove
Demand for rental homes in Britain rose in October as prospective first-time buyers put off purchases amid the surge in mortgage rates, property website Rightmove said on Friday.
Nintendo Switch 2/Pro speculations: Release date, price and likely specs of the upcoming console
Nintendo reportedly filed a Joy-Con-related patent in Japan, which could mean that the Switch 2 could arrive with upgraded controllers.
Bank of England to raise Bank Rate by 50 bps in Dec, peak at 4.25% in Q1: Reuters poll
The Bank of England will press on with interest rate rises to battle inflation even though Britain is heading into a long albeit shallow recession, with consumers facing an extended cost of living crisis, a Reuters poll of economists found.
Autumn statement 2022: this budget may not cause Truss-level chaos but it could still provoke markets
The story of brutally effective financial markets disciplining errant governments has been repeated many times since the most recent wave of globalisation began in the 1990s.
UK house prices fall as buyers count cost of mini-budget - Rightmove
Asking prices for British residential properties are dropping and there are signs that the fallout from the "mini-budget" bond market rout is weighing on first-time buyers, property website Rightmove said on Monday.
UK still faces 40 billion pound budget hole - resolution foundation
Britain still faces a 40 billion pound ($46 billion) budget hole that will need to be filled by tax rises as well as spending cuts, despite recent U-turns on measures proposed during Liz Truss's short-lived premiership, a think tank said on Tuesday.
European court rules against parents of missing Madeleine McCann
The European Court of Human Rights ruled on Tuesday against the parents of missing British toddler Madeleine McCann, saying that Portugal had given them a fair hearing in their libel battle against a former Portuguese policeman.
EU watchdog approves first Omicron jabs
The EU's drug regulator on Thursday approved Covid-19 vaccines by Pfizer/BioNTech and Moderna adapted for the Omicron variant.
UK first to approve Omicron COVID shot with Moderna go-ahead
Britain has now also given the first green light to a variant-adapted shot that targets both the original and Omicron version of the virus.
China to stage major drills around Taiwan after Pelosi visit
Pelosi left Taiwan Wednesday after a less than 24-hour visit that defied a series of increasingly stark threats from Beijing, which views the island as its territory.
Italian fizzy drinks risk falling flat as C02 runs short
Italian drinks companies are facing a shortage of the carbon dioxide they need to put the fizz into their cans and bottles this summer.