Stock markets rise on China support, pound rallies
Major stock markets mostly rose Tuesday as China moved to boost its flagging economy, while the pound hit a 15-month high against the dollar on expectations of more aggressive UK interest rate hikes.
UK unemployment climbs as inflation weighs on economy
UK unemployment rose back to four percent in the three months to the end of May, official data showed Tuesday, as the economy struggles with stubbornly-high inflation.
UK's hospitality sector 'anxious' over significant summer staffing shortage
Another contributing factor to the staffing challenge is the tightening of immigration rules and the end of free movement between the UK and the EU.
A new investment platform by WHO offers hope for universal health coverage in the global south
Three of the best multilateral development banks in the world have come together under the leadership of the WHO to launch an investment platform for healthcare services in low and middle-income countries.
Sri Lankan govt asks protesters to return artefacts looted from presidential palace
Several artefacts were looted from the palace during the five-day siege, and now the government wants these items back.
The UK and US team up to support emerging nations fight climate change
The Climate Finance Mobilisation Forum will allow discussions to take place over the capabilities of emerging economies dealing with climate change and how necessary support can be provided to them.
UK workers forced to retire early due to the COVID-19 pandemic are now living in poverty
Many retirees who relied on income from investments or rental properties saw their revenue streams dwindle during the pandemic.
Vinicius Jr. makes fun of Barcelona after Real Madrid beats rivals to coveted signing
Real Madrid announced the signing of Arda Guler from Fenerbahce on Thursday.
Is the Russia-Ukraine war affecting the real estate industry?
Urban Logistics REIT PLC highlighted the adverse impact of Russia's invasion of Ukraine as a contribution to a significant shift in its financial performance.
Professors call the High Potential Individual Visa route 'unfair'
One year after Prime Minister Rishi Sunak launched the new High Potential Individual Visa in 2022, professors from universities in Europe and Africa call the route "unfair".
HIV patients are susceptible to psychosocial challenges, study suggests
New research from HIV/AIDS experts shows that patients with HIV are vulnerable to psychosocial challenges such as anxiety, depression, substance abuse and more.
Investing in England's worst quality housing could generate over £135 billion
Restructuring England's poor housing could yield £135 billion in societal benefits, according to the Building Research Establishment.
What is Britain's approach to the global multilateral system?
The British Foreign Secretary James Cleverly has outlined five 'transnational priorities' for reforming the global multilateral system.
Parents struggle to keep up with childcare expenses amid the cost-of-living crisis
Parents speak out about the cost of raising a child. Childcare expenses already take up to 60 per cent of a parent's average monthly salary.
Britain's mortgage crisis, borrowers to be given 12-month grace period before repossession
Rising costs, affordability concerns, and economic uncertainty impact the housing market, with interest rates now standing at five per cent in the UK, the highest level since April 2008.
Britain and France launch Global Biodiversity Credits Roadmap
Launched at the Summit for a New Global Financing Pact, the new biodiversity credits initiative aims to mobilise finance to support Earth's natural environments.
UK partners with Africa and the Caribbean to combat the climate crisis
The UK is supporting Africa and the Caribbean through the climate crisis. Catastrophic climate events that occur in Africa and the Caribbean include droughts, hurricanes, floods, cyclones, landslides and earthquakes.
Wrong policy decisions may play a key role in Britain's high inflation rates
Apart from global factors, UK policy decisions have exacerbated inflation – whether post-pandemic public spending or the slow pace of interest rate hikes.
More than half of frequent convenience store shoppers are frustrated by growing food costs
A survey revealed a prevailing sentiment among respondents that convenience stores tend to overcharge customers due to their higher prices.
Climate finance summit wraps up eyeing bigger progress
A global summit seeking to overhaul the international financial system wraps up Friday after taking small steps towards easing the debt burden of developing nations weighed down by climate and economic crises.
Interest rate hike heaps pressure on cash-strapped Britons
Millions of Britons are facing fresh mortgage misery after the Bank of England increased interest rates by an unexpected half-point, putting homeowners at risk of higher repayments on their loans during a cost-of-living crisis.
Scottish tourism and hospitality sector demonstrates resilience amidst challenges
Scotland's renowned tourism and hospitality industry remains steadfast despite a decline during the COVID-19 pandemic.
More than 200 companies in the UK have failed to pay their workers minimum wage
The government have named over 200 companies that have breached the National Minimum Wage law. These employers include high-street brands, sole traders and small businesses.
Cost of living crisis drops UK workers' retirement figures to 1 million
A recent report describes this phenomenon of people postponing their retirement plans as "the great un-retirement", given the number of people out of the labour market has reduced compared to last year.
Lockbit ransomware still poses persistent threat to businesses, warn international agencies
The UK and international agencies issue advisory warnings about the ongoing threat from Lockbit ransomware, the most deployed variant globally in 2022.
Global markets drop as China stimulus hopes fade
Asian and European stocks fell into the red Monday as investors await more interest-rate decisions this week and fret over the lack of a stimulus plan to kickstart the Chinese economy.
Industry bodies unite to oppose proposed Infrastructure Levy
Thirty industry bodies, including housebuilders, housing associations, and charities, oppose the proposed Infrastructure Levy, warning it threatens affordable housing and infrastructure development in England.
The UK has committed £3.8 billion to the Syria Crisis in 12 years
The UK pledges a further £150 million to the people seeking humanitarian assistance in Syria. Over 12 years, the UK has contributed around £3.8 billion to support the people affected by the largest refugee crises in the world.
British Airways, BBC and Boots among affected companies exposed by data breach
Multiple companies, including British Airways, BBC and Boots, have suffered a data breach, exposing confidential information and personal data.
Investor concerns revealed following collapse of SVB and Credit Suisse
Following the failure of the Silicon Valley Bank (SVB) and Credit Suisse earlier this year, new research has revealed concerns among investors.