UK food and drink sector expected to reach £315.2 billion by 2028
The UK food and drink sector is projected to reach £315.2 billion by 2028, a 19 per cent increase from 2023, according to IGD.
UK water crisis pollutes privatisation legacy
Britain's biggest water supplier staving off renationalisation, trains derailed by strikes and consumers suffering huge energy bills -- the nation's vital sectors are mired in chaos decades after their controversial privatisation.
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 postal workers call off strikes
Postal workers at the UK's Royal Mail on Tuesday accepted a new pay deal to end a costly series of strikes.
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 retail sales in June show modest growth, falling behind inflation rates
Retail sales saw a slight improvement in June, with like-for-like (LFL) sales increasing by only 1.9 per cent, according to the latest data from BDO LLP.
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.
UK launches global task force to boost careers in aviation and enhance sustainable shipping
Global Aviation Skills Taskforce launched to boost careers in aviation as demand for flights grows post-COVID-19 pandemic, creating a resilient workforce and helping to grow the economy.
Why companies employing workers in India see success
India has a large pool of highly skilled professionals in various domains, including IT, software development, engineering, finance and customer service and companies can create mutually beneficial partnerships by hiring them.
FC Barcelona still owes Messi payments until 2025, admits Laporta
The club's financial troubles resulted in massive debts even to their players.
Stocks diverge as US rally loses steam
Stock markets diverged Wednesday as a rally fueled by upbeat US economic data ran out of steam, but the dollar got a boost on rate hike comments.
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.
Bank of England set to increase interest rate for the 13th time in a row
The Bank of England is expected today to raise the interest rate for the 13th time in a row, despite recent forecasts of an improving economic outlook.
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.
UK's E-Commerce Trade Commission aims to drive £9.3bn SME export growth
The UK has launched its first E-Commerce Trade Commission, aiming to support 70,000 small British businesses in expanding their online trade and exports.
Latest labour market data spells more trouble for UK mortgage holders
A reported 1.3 million UK households with mortgages were already expecting increased costs at the start of the year. The latest data means there is more pain yet to come.
Social housing staff latest in a series of public employees to announce strike action over pay and conditions
Workers at the Housing Ombudsman and the Regulator of Social Housing have announced a week of strike action in June.
Leeds public transport in jeopardy as First Bus drivers go on strike over pay date
First West Yorkshire drivers have made it clear that they are taking the path of continuous industrial action as the company has refused to set a date for pay rises. Hence, they will go on strike starting June 18.
Sunak announces first AI summit, pitching UK role from US
British Prime Minister Rishi Sunak on Wednesday announced a world-first summit on artificial intelligence, seeking a leading role for the UK in limiting potential doomsday risks as he visited Washington.
NHS strikes to continue after workers reject the governments pay rise
After months of protests, an agreement has been made between the government and unions regarding the increase of NHS staff wages. Several NHS workers are rejecting the offer and will continue to strike until their demands are met.
iPhone 15 set to enter mass production soon, here's everything we know
If things go as planned, Apple could unveil the iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and iPhone 15 Pro Max in September.
UK inflation slides to 13-month low, stays elevated
UK food price inflation stood at 19 percent in April, around the highest level in more than 45 years.
The inaugural Made in UK, Sold to the World Awards celebrates SMEs
DBT launches groundbreaking awards to recognise the significant contributions of SMEs to the UK economy by sustaining jobs, increasing wages, and expanding the economy.
Unveiling the Economic Impact of Proposed UK Gambling Reforms
The concern centred around the potential impact on the gambling industry's revenue is a consequence of the proposed UK gambling reforms and their potential impact on the industry and broader economy.
VOA launches online consultation to improve British business rates system
Online consultation set to revolutionise business rates system, prioritising fairness, transparency, sensitive data identification and information sharing.
Bank of England lifts interest rate to 15-year high
Global policymakers are battling elevated inflation caused largely by runaway energy bills following last year's invasion of Ukraine by major oil and gas producer Russia.
UK interest rates raised for 12th time in a row to highest level for almost 15 years
UK interest rates have been raised for the 12th time in a row in a further attempt by the Bank of England to slow the rising cost of living, increasing the Bank's base rate from 4.25 to 4.5 per cent.
Royal Mail CEO to depart after delivery failures: report
It comes after UK lawmakers in March concluded that Royal Mail has "systemically failed" to meet its postal-delivery requirement.
UK unveils pharmacies plan to ease NHS pressure
Under the new plans, treatments for seven common conditions including earache and sore throats will be available without seeing a doctor.
Man United may have found Mason Greenwood escape route amid sexual assault scandal
Mason Greenwood still has two years left on his Manchester United contract.