The Economy, Stupid? UK PM Sunak's 'Only' Chance Of Re-election
UK leader Rishi Sunak's hopes of turning around his beleaguered Conservative party's fortunes before a likely general election next year hinge on a British economic recovery, observers say.
UK Unveils Voter-friendly Budget With Election On Horizon
Britain's Conservative government launched plans Wednesday to stimulate growth and woo voters for the next general election, delivering a massive tax-cut sweetener for workers but also forecasting sharply lower growth and stubbornly high inflation.
Hospitality Workers Are Increasingly Optimistic Despite The Negative Impacts Of Brexit
The Business Confidence Survey reveals that hospitality leaders in Britain are becoming increasingly optimistic despite the challenge of Brexit business rates and inflation.
Kingfisher Faces Profit Woes Amid French Market Struggles as UK Flourishes on 'Improve Not Move' Trend
The company's stock saw a sharp decline of six per cent, marking it as the top faller on the FTSE 100. The underlying issue, as Kingfisher explained, stemmed from ongoing weaknesses in their French market.
Influencers Are Afraid Of Getting 'Cancelled' For Promoting Sustainability
A huge 84 per cent of content creators feel that they have to refrain from posting about sustainability due to fears of 'greenwashing' and being 'cancelled'.
Retail Sales Are At An All Time Low Since Lockdown, According to Reports
Due to the dramatic increase in prices across the UK, retail sale volumes are the lowest that they have ever been since 2021.
Meta Splits Up Its Responsible AI Team To Focus More On Generative AI
A considerable number of the RAI team members have been assigned to Meta's Generative AI product division.
US Transition To Electric Vehicles Faces Delays
The US transition to electric cars has hit a speed bump, with concerns about vehicle range and limited charging capacity adding to core affordability issues.
Inflation, Higher Rates Hit Eurozone Growth Outlook
The European Commission on Wednesday lowered its eurozone growth forecast for 2023 and 2024, saying the high cost of living and interest rates were weighing on consumers and businesses.
UK Inflation Plunges to Lowest Figure in 2023 At 4.6% as Sunak on Track to Meet Annual Target
In September, inflation stood at 6.7 per cent, as many people across the UK continue to struggle with the cost-of-living crisis.
Cooling US Inflation Raises Hopes Of An End To Rate Hikes
US consumer inflation cooled more than expected last month, according to government data published Tuesday, providing welcome news for policymakers looking to control price increases without damaging the economy.
Global Stocks On Cautious Footing Before Key US Inflation Data
Wall Street stocks finished mixed on Monday while European markets recovered from heavy selling last week, as traders awaited key US inflation data amid concerns over the prospect of another interest rate hike next month.
Google Expands Generative AI In Search To New Countries, Territories
Google has revealed its ambitious plans that involve making its AI chatbot Bard as popular as YouTube and Google Search.
EU Opens Probe Into TikTok, YouTube Over Child Protection
The EU announced investigations on Thursday into YouTube and TikTok to find out what action the US and Chinese-owned platforms are taking to ensure the safety of minors.
Food Inflation Expected to Subside by Easter, Amidst Global Economic Stability
This optimistic forecast comes from George Weston, the CEO of Associated British Foods (ABF), a conglomerate that oversees brands like Kingsmill Bread, Twinings Tea and Silver Spoon Sugar, along with the Primark budget clothing chain.
How Rowan Energy Is Accelerating Solar Adoption By Increasing Homeowner Incentives And Reducing Payback Times
Countries across the globe are steadily researching how they can decrease their carbon footprint when generating and consuming energy.
UK Grocery Price Inflation Hits Eight-Month Low at 9.7%
This noteworthy reduction in grocery price inflation comes after a prolonged period of 16 months where double-digit growth had become the norm.
October UK Retail Sales Drop Triggering Recession Worry in the UK Economy
UK retail sales growth declined in October as UK consumers are cautious of spending and saving for Christmas amidst the cost-of-living crisis which has sparked a recession for the UK economy.
Apple Sales Lose Ground, But iPhone Growth Strong
Apple on Thursday reported that sales fell for the fourth consecutive quarter when compared to the prior year, but profit rose on the back iPhones and services.
Shein's Recent Acquisition of Missguided: A Strategic Move for Global Expansion
The deal was officially announced by both companies on a Monday, signifying the start of a new chapter for Missguided.
Biden's AI Executive Order Set To Create New Standards For AI Safety
The recently signed AI executive order requires new safety assessments, equity and civil rights guidance.
How businesses can lower costs for consumers
Transparent communication with customers about price changes and a continuous focus on cost analysis are essential components of a comprehensive strategy to lower prices during inflation while maintaining competitiveness.
Ofwat Raises Alarm Over Financial Health of Key Water Companies in South East England
The water regulator responsible for overseeing the water supply in England and Wales has issued a warning regarding the financial stability of companies that serve more than 20 million customers in the southeast of England.
Alphabet And Microsoft See Earnings Rise On AI-infused Cloud
Google parent Alphabet and computing colossus Microsoft Tuesday reported that quarterly profits climbed on demand for cloud computing enhanced with artificial intelligence.
Netflix Edges Out Prime Video With the Highest Market Share Among Streaming Services in the UK
New data for Q3 shows that Netflix, Prime Video and Disney+ lead the way when it comes to having the majority of market share for streaming services in Britain.
This Clothing Brand Knows Sustainable Style with a Spanish Flair
BRAVA stands out as an open-minded and curious clothing label that goes beyond the ordinary
iPhone 15 Demand In Key Markets Like China Doesn't Look Promising
In China, the iPhone 15 series is locking horns with Huawei's Mate 60, which costs nearly £164 less than the iPhone 15 Pro.
Welsh Water Admits Dumping Untreated Sewage Into UK Rivers For Years
The company had been illegally discharging wastewater for at least a decade.
Amazon To Expand Drone Delivery Into Britain And Italy
Amazon on Wednesday said it hopes to expand drone delivery into Britain and Italy by late next year, as it unveiled new warehouse robots and tech in its race to get shoppers what they want quickly.
Oil Prices Rise, Stocks Slide On Fears Of Broader Middle East War
Oil prices rallied and global stocks fell Wednesday on fears that the Israel-Hamas war could spill over into a regional conflict, after a strike at a Gaza hospital dealt a blow to President Joe Biden's diplomatic drive.