Google, Amazon Ask UK's CMA To Take Action Against Microsoft's Anticompetitive Business Practices
According to the UK's communications regulator Ofcom, Amazon and Microsoft owned 70 to 80 per cent of the nation's cloud computing market in 2022.
UK Household Financial Struggles Soar Amid Cost-of-Living Crisis
The latest research from the consumer group Which? unveiled that 9.8 per cent of surveyed households admitted to missing or defaulting on payments for loans, credit cards, housing, or household bills during that period.
Brexit, COVID And Strikes Have Left Hospitality Businesses In 'Crisis'
UK Hospitality says businesses are left in "crisis" mode after the recent Autumn Statement announced that the standard business multiplier would increase by more than six per cent.
Around 120 Earthquakes Reported In Iceland As Authorities Prepare For Imminent Eruption
The most affected region remains the town of Grindavik, whose residents are waiting for things to get back to normal.
Record Revenues Surge for UK Gambling Firms as Online Slot Machines Gain Momentum
The fiscal year saw a staggering uptick in revenues for major UK gambling operators as online slot machines increased in number.
Wealth Inheritance Surpasses Earnings for Next-Gen Billionaires, According to UBS Report
The UBS report revealed that many young tycoons are amassing wealth predominantly through inheritance rather than through their own entrepreneurial endeavours.
Starmer Says Tories In "Open Revolt" As Sunak Left Red-faced At PMQs
At the start of his premiership, Sunak had promised to "stop the boats" but his Rwanda Bill was declared illegal by the Supreme Court.
Tory MP Criticising Gambling Regulator Revealed to Have Received £8,000 from Betting Industry
Whittaker has been a prominent figure in the Conservative Party and has actively participated in discussions surrounding gambling legislation and policies.
British FTSE Companies Exposed For Lack Of Female CEOs
Across 350 British companies listed in the Financial Times Stock Exchange, just one in five boasted a female CEO.
Will the Autumn Statement Tax Relief and the Media Bill Boost the UK Creative Industries?
The UK government has announced VFX tax relief to boost the UK film and television industry in the Autumn Statement, which, along with the Media Bill, seeks to change how TV shows are made and broadcasted in the UK.
Businesses Will Benefit From Recruiting Female Athletes As Their Leaders, Report Suggests
Introducing children to sports at a young age can generate successful business leaders and assist with the fight to end gender inequality.
Tories Slammed For Brexit After Bank of England Says It Has 'Chilled' UK Economy
The financial impacts of Brexit have left UK business investment levels "chilled", according to the Deputy Governor of the Bank of England.
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.
Net Migration to UK Hit Record 745,000 in 2022, New Figures Show
The Office for National Statistics (ONS) said the updated data replaces the previous estimate of 606,000, after making revisions to reflect "unexpected patterns" in migrant behaviour.
Jeremy Hunt Announces Significant Tax Cut Amidst Downturn in Growth Forecast
Hunt defended the move, asserting that it aligns with the government's commitment to supporting businesses and individuals during challenging times.
Shakira Would Have Saved A Fortune If She Fell In Love With Sergio Ramos, Says Lawyer
The singer had a long-term relationship with former footballer Gerard Pique, which ended under bitter circumstances.
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.
Welsh Company Owens Group Falls Victim to Devastating Breach After Cyberattack From 'Dark Web'
Welsh company Owens Group was the victim of a devastating breach, culminating in the exposure of its confidential data on Lockbit's shadowy domain on the "dark web".
Disabled People Have To Earn Benefits As Rishi Sunak Aims To Change the 'Unsustainable' Welfare System
The UK government is changing the unsustainable UK welfare system with a new policy change that will reduce benefits for disabled and mentally ill people and make them work from home.
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.
UK Government Prepares Crunch Budget With Eyes On Next Election
Britain's Conservative government this week unveils a budget update that could determine its chances of re-election -- or the size of its defeat -- with promises to reinvigorate the economy as the party lags badly in the polls.
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.
Is It Safe To Travel To Iceland In 2023 Amid Possible Volcanic Eruption?
Iceland has experienced hundreds of small earthquakes over the last couple of days.
Greece Travel Warning As Foreign Office Changes Advisory For UK Tourists
Greece is always one of the top vacation destinations among travellers from the UK.
Iceland Is Still Preparing For Volcanic Eruption After Authorities Declare High Threat
More than 3,000 residents have been evacuated from Grindavik as the construction of lava barriers at the Svartsengi Geothermal Power Plant continues.
Shadow Chancellor Rachel Reeves Plans Pensions Reform to Revitalise UK's Sluggish Economic Growth
Reeves' vision for pension reform envisions redirecting a significant portion of retirement savings towards bolstering the growth of British businesses.
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.
Travel Warning: France Set To Cancel More Than 16,000 Flights In 2024
More than 2.5 million flights pass through the French airspace each year.
Marks & Spencer Regains Top Spot in UK Women's Fashion Retail, Reports Impressive Profits
M&S has also declared its intention to distribute nearly £20 million to its shareholders in January, marking its first dividend payment since 2019.
Government Denies NHS Request for £1 Billion Bailout Amid Strikes
NHS England will announce on Wednesday an allocation of £800 million to assist health service trusts in addressing the financial challenges brought about by industrial action and preparing for the upcoming winter season.