UK Party Leaders Kick Off General Election Year
UK Prime Minister Rishi Sunak said on Thursday he had pencilled in later this year for a general election, as he and his main political rival to be Britain's next leader effectively kicked off campaigning.
UK Grocery Inflation Stays At 4.3% Despite Decline in Food Prices
The introduction of new border checks on EU goods in April entering the UK could lead to further spikes in UK grocery inflation.
Energy Bills In The UK Is Set To Increase By Five Per Cent After Rise In Energy Price Cap
The average annual household energy bill has risen by £94 to £1,928 during the coldest months of 2024.
Record Number Of Homeless Children In UK Reaches All Time High At Over 140,000
Research shows that a record number of children have been forced into temporary accommodation this winter, including shipping containers and shared rooms.
Retailers to Shoulder E-Waste Recycling Costs for Consumers in the UK Starting 2026
The implementation of these measures is expected to alleviate the burden on taxpayers while fostering a more sustainable approach to e-waste disposal.
UK Mergers and Acquisitions Witness 33% Decline, Lowest Levels Since 2009
The notable 33 per cent decrease in the overall value of mergers and acquisitions deals involving UK firms amounts to £207 billion throughout 2023.
Indian-Origin Family Found Dead In Their Multi-Million-Pound Mansion
The incident came to light after one of their relatives stopped by at their house to check on them.
China's Xi Hails 'Resilient' Economy In Bullish New Year Speech
President Xi Jinping said Sunday the Chinese economy had grown "more resilient and dynamic" in 2023, despite financial figures continuing to disappoint as the post-Covid recovery stalls.
New Labour Plan Could See Less Children In Private Schools In The UK
In a bid to win the next general election, the Labour Party have pledged to end business rate relief and increase VAT charges for private schools.
Sport Giant Decathlon Exposed For Ignoring EU Sanctions Against Russia Under 'Secret Contract'
The non-profit newsroom Disclose has exposed French sporting giant Decathlon for continuing to sell goods in Russia, despite sanctions.
EU Face Backlash After Announcing New Accelerated Asylum System
After years of negotiations regarding the EU's Migrant Pact, the member-states have struck a deal that will see children having their fingerprints taken.
Energy Bills in the UK is set to Decrease by a Significant Amount in 2024
The energy price cap in Great Britain is set to decrease by 14 per cent, anticipated to bring down annual bills by an average of £268.
Waning Influence Of OPEC+ In Spotlight As Prices Flag
Despite slashing oil production for months on end and announcing new cuts in late November, the Organization of the Petroleum Exporting Countries (OPEC) and its ten allies have struggled to boost flagging prices.
UK Consumer Inflation Rate Unexpectedly Decreases In November
Jeremy Hunt says that wages will go up as prices go down next year after it was announced that the rate of inflation has decreased to 3.9 per cent.
Energy Bills Predicted To Fall To £1,660 From April, A New Forecast Suggests
Consultancy firm Cornwall Insight says bills could drop by £268 a 16 per cent decrease – in line with the official price cap set by the UK's energy regulator Ofgem.
Working Class Households Will Finally Receive Funding To Fight Soaring Energy Bills
As inflation continues to dominate low-income households across the UK, the government have offered to fund their transition towards green energy.
What You May Have Missed: A Roundup Of Recent Russia-Ukraine War Events
As media outlets are dominated by the Israel-Hamas war, the US has threatened to refuse Ukraine military aid and Ukraine advances in its ground offensive.
Israeli Business Continue To Collapse And Beg For Customers
Israel's economy has significantly decreased and companies continue to collapse after the country lost 8% of its workforce to the Israeli Defence Forces.
Colossal Costs and Insatiable Influencers: How One Cake Maker Is Weathering the Storm With Swagger
Cake maker Reshmi Bennett spills the beans on her viral creations, her boisterous social media presence, and thriving in a tumultuous business environment.
Ofgem Proposes Energy Price Cap Adjustment to Tackle £3 Billion Debt Crisis
The proposed measure involves a one-time adjustment of £16, spread across the period from April 2024 to March 2025.
Putin Left Furious After UK Implement Further Sanctions On Russian Goods
As Russian President Vladimir Putin continues to deny an economic crisis, the UK and its NATO allies have implemented further sanctions on Russian businesses.
What New Businesses Will Generate The Most Profits In 2024?
The COVID-19 pandemic led to almost 50 people quitting their jobs, taking matters into their own hands and becoming the newest entrepreneurs in the UK.
UK Regulators Urged to Intervene and Mitigate Soaring Costs of Infant Formula
Around 65 per cent of mothers are increasingly troubled by the financial burden associated with feeding their babies as the cost of infant formula increases.
Why Is Puma Really Ending Its Partnership With Israel's National Football Team?
After being accused of supporting Israeli settlements in the West Bank, Puma has announced that it will no longer be sponsoring Israel's football squad.
A Conversation With 'Hey Girls': How Women Are Reclaiming Control Of Menstrual Health
'Hey Girls' is a menstrual health brand that sets out to provide women with safe and sustainable sanitary products while eradicating period poverty across the UK.
Falling Inflation Shifts Focus To When ECB Could Cut Rates
With inflation dropping faster than expected and the economic outlook darkening, markets will be looking for clues about when eurozone borrowing costs might start to come down as rate-setters meet this week.
Bank of England's Financial Stability Report Highlights Resilience Amid Rising Interest Rates
The Bank of England recently released its Financial Stability Report, spotlighting the resilience of UK households and businesses in the face of escalating interest rates.
IKEA Invests £35 Million in UK Co-workers' Financial Wellbeing Amidst Market Challenges
The retail giant plans to achieve this by implementing a series of measures, including pay increases aligned with the true cost of living and year-end bonuses tied to the company's FY23 performance.
Bank of England To Assess Risks AI Poses To UK Financial Stability
AI and machine learning have been used across the financial sector for at least a decade, such as to help detect fraud and money laundering.
UK Property Market Anticipates 1% Price Drop in 2024 Amidst Seller Competition and Mortgage Rate Stability
Rightmove foresees sellers having to adopt more competitive pricing strategies in 2024 to secure transactions.