Scottish Port Feels Force Of UK Fishing Storm
In Peterhead, a major port in northeast Scotland and Europe's largest wholesale market for white fish, Brexit was supposed to offer "a sea of opportunity" for locals.
Stock Markets Across the G20 Are under Strain as They Face a Host of Challenges
Whilst high interest rates are putting pressure on Western stock exchanges, China and Russia are facing difficulties of their own.
US States Relax Child Labor Laws Amid Rise In Illegal Work
Working in industrial laundries at age 14, laboring up to 35 hours a week on top of school -- some US states are relaxing the barriers to employing minors, despite rising cases of exploitation.
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.
Why is Singapore's birth rate so low?
Singapore, one of the most expensive countries to live in, hit a record-low birth rate in 2022 after years of consistent decline, and the government introduced new benefits to couples who are starting families.
Labour vows to renegotiate Brexit deal, Keir Starmer pledges
Although unclear if the EU would be willing to renegotiate the accord, Starmer's pledge is likely to prove popular with many Labour voters, who have been critical of the current Brexit deal.
ECB hikes rates again, maybe for last time
The European Central Bank hiked a key interest rate to a record high Thursday as it battles stubbornly high inflation but indicated that its historic hiking cycle may be at an end.
UK to consider banning single-use vapes over concerns of children's health
Recent research found that more than five million single-use vapes are being disposed of in the UK every week, which is a fourfold increase from 2022.
Former council advisor questions legacy of Commonwealth Games amid Birmingham's financial crisis
Birmingham City Council, Europe's largest local authority, declared effective bankruptcy due to annual budget shortfalls, shifting focus to protect vital services while halting non-essential spending.
Asian markets rise as US jobs data ease rate pressure on Fed
Asian stocks rose Monday on hopes the Federal Reserve has come to the end of its interest rate hiking cycle following a positive US jobs report.
US stocks shrug off sticky inflation data, Europe mixed
US stocks advanced Thursday as investors shrugged off sticky inflation data and its impact on future central bank policy on interest rates, but European stocks mostly dipped.
Advantages of Custom Software Development and Indications Your Business Requires Custom Solutions
Explore the benefits of custom software development and learn when your business should opt for a tailored solution.
Fears of further delay to UK's post-Brexit border checks
Britain is expected to confirm that it will once again delay introducing post-Brexit border controls on food and fresh products coming from the European Union, the Financial Times reported Thursday.
Schools are being urged to prioritise cybersecurity learning with the industry expanding
The education platform Cyber Explorers is designed to help young students grasp cybersecurity and encourage them to have a potential career in the cyber sector.
UK's long-term sick pile pressure on economy
The number of people not working in t.he UK due to chronic illnesses has soared since the pandemic, putting pressure on the British economy, analysts said on Tuesday.
UK unemployment climbs as wages grow at record rate
UK unemployment increased in the three months to the end of June while wages grew at record annual pace, official data showed Tuesday, as the economy struggles with high inflation.
Bank of England raises UK interest rates to a record 5.25%
The last time rates were this high was in April 2008, in the midst of the global financial crash, with the UK's central bank expecting inflation to fall below five per cent in the autumn or winter.
Meta to launch AI chatbots with personalities to retain users
The multinational technology company are developing variations of chatbots with different personalities and functions in a bid to improve user retention.
Record high of nearly 6,000 hospitality industry closures in the last 12 Months
There have been approximately one in 18 hospitality industry closures all over Britain in the past year, as the record-breaking number sends shock waves through the sector and raises concerns about the long-term viability of businesses.
Business price hikes expected to ease as wage costs rises
The BCC Quarterly Economic Survey for Q2 2023 reveals that nearly half of businesses plan to raise prices in the coming months as cost pressures ease.
One-third of SMEs believe running a business has gotten more difficult in the last year
A recent survey revealed that 79 per cent of SME owners in the UK plan to develop their firms over the next year, marking a great increase from the previous year.
The UK Is Promising New Trade Routes – Will It Deliver?
The UK has struggled to recover from Brexit but promises new trade routes on the horizon. Will it deliver? Discover here.
Losing a parent before you turn 21 can lead to mental illness, study suggests
A new study suggests that experiencing the premature death of a parent before the age of 21 can lead to poor mental health in adulthood.
British berry sector facing critical challenge amidst rising production costs
The British berry sector is confronting a critical challenge as retailers fail to keep pace with growers' increasing production costs.
UK government report finds cybersecurity skills gap stagnant despite increased demand
UK report reveals stagnant cybersecurity skills gap despite increased demand, emphasizing the need for diversity and talent pool expansion.
Flexible Working Bill could increase the productivity of an unhappy UK workforce
The UK government's Flexible Working Bill goes into Royal Assent fulfilling the first step towards building a strong labour market and increasing UK productivity.
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.
ECB set to hike again with inflation stubbornly high
Another interest rate hike appears a near certainty when ECB policymakers meet Thursday as inflation remains high, but the central bank faces increasing discontent among countries scared high interest rates will hurt growth.
Asian markets mostly gain ahead of key rate decisions
Equities mostly rose Monday in Asia with investors gearing up for policy decisions at major central banks this week, while concern over the Chinese economy continued to dampen sentiment.
'Strong trade unions' necessary says Starmer to Unite Policy Conference
Speaking at the 2023 Unite Policy Conference, the Labour leader Sir Keir Starmer referred to the importance of the TUC's recent victory at the High Court.