UK and Ukraine Extend Tariff-Free Trade Agreement to Aid Ukrainian Businesses
The agreement, which covers the majority of goods, is extended for an additional five years, providing much-needed economic support to Ukrainian businesses impacted by the war.
China Says Foreign Consulting Agency Head Spied For Britain
China's spy agency said Monday the head of a foreign consultancy had been found to be spying for Britain's MI6 intelligence service.
UK Businesses Still 'Reluctant to Invest' Over Brexit and Interest Rates
Business investment in the UK increased in the first six months of 2023, but the growth was partly due to exceptional factors such as investment in new planes and a tax break. Businesses are now expecting inflation to be lower than previously forecast, which could reduce the pressure on the Bank of England to raise interest rates.
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.
Government announces plan to crackdown on 'rip-off' degrees
Concerned that some degrees offered by British universities are failing to deliver good graduate outcomes, the government have announced plans to limit student numbers on poorly performing courses.
Resilient retailers and thriving film industry drive unexpected growth in British economy in April
The British economy defied expectations by experiencing a slight growth in April, driven by the resilience of retailers and the thriving film industry.
Crisis-hit UK business lobby faces survival vote
Britain's scandal-hit business lobby group, the CBI, faces a vote crucial to its survival Tuesday, with members urged to back reform under new leadership after allegations of sexual harassment by staff.
UK businesses more upbeat about sales despite weak growth
Most British businesses expect their sales to rise over the coming year - an improvement from late 2022 - despite seeing no sales growth over the past three months, the British Chambers of Commerce said on Tuesday.
Work Foundation Director suggests UK economy reforms to make UK employment more inclusive
Ben Harrison suggests long-term investments and reforms for the UK's employment services, as the nation's economic challenges continue to haunt employers and employees alike.
UK inflation retreats further, remains above 10%
British annual inflation dropped further last month on easing transport costs, official data showed Wednesday, but remains above 10 percent, prolonging a cost-of-living crisis that has sparked massive strikes.
UK curbs energy bill support for businesses
The Energy Bill Relief Scheme offers help for businesses, the public sector and charity organisations.
UK businesses face 'bleak' outlook after poor end to 2022: BCC
British businesses are gloomy about prospects for 2023 as they face the likelihood of a surge energy bills and ongoing post-Brexit trade difficulties, the British Chambers of Commerce said late on Wednesday.
Incoming PM Sunak inherits UK economy in crisis
Britain's next prime minister, former finance chief Rishi Sunak, inherits a UK economy that was headed for recession even before the recent turmoil triggered by Liz Truss.
UK businesses most downbeat about profits since Q4 2020 - BCC
British companies are the most downbeat about the outlook for their profits since the depths of the COVID-19 pandemic in late 2020 despite widespread plans to raise prices, a major survey showed on Thursday, adding to signs of gloom about the economy.
Analysis-UK's Brexit woes threaten another flagship policy: levelling-up
Dashed hopes, so far at least, that Brexit would tilt Britain's economy towards growth driven by trade and investment are threatening another of Prime Minister Boris Johnson's flagship policies: "levelling up" the regions outside of London.
Authority shaken, Boris Johnson pitches new plan for UK economy
Rocked by a major revolt against his leadership this week, British Prime Minister Boris Johnson will on Thursday promise to rejuvenate a flagging economy and make it easier for young people to buy homes.
UK MPs' report finds Brexit burdening businesses
The British Chambers of Commerce (BCC) said the report reflected the "lived experiences" of more than 1,000 small- and medium-sized firms trading with the EU.
UK delays full post-Brexit border checks from EU
Britain will still introduce full customs declarations and controls on January 1, 2022, as planned.
Business lobby groups press David Davis to strike Brexit transition deal
Five major business lobby groups say companies will begin relocating jobs out of the UK in the coming months if no deal is in place.
BCC warns Bank of England against interest rate rise amid sluggish growth
Survey of more than 7,100 businesses reveals improvements in the manufacturing sector in the third quarter.
Brexit negotiations: Davis calls for 'flexibility and imagination' in a bid to unblock talks
Discussions open as UK and German business leaders jointly call far "business critical" issues such as workers' rights, tax and customs arrangements to be tackled.
Lobby groups and analysts cautious over UK GDP figures
Latest UK official economic data greeted with caution by City analysts and business lobby groups.
UK business growth stagnates as calls for Brexit clarity grow
Economy to see subdued growth in second quarter, BCC says.
Five things we learnt from the Taylor Review about Britain's gig economy
Taylor says flexibility is key to job creation in the UK, even though millions are in insecure work.
UK businesses feel their needs are being neglected in Brexit negotiations
Some 54% of firms say their needs are not being prioritised by the government.
Business groups seek clarity and reassurance following hung parliament
CBI, BCC, IoD and FSB among business lobby groups calling for politicians to get their act together for the sake of the UK economy.
Dogmatic Tories are raising the drawbridge on international students – the UK economy will suffer
Labour's shadow foreign minister Catherine West writes for IBTimes UK on migration.
Conservatives to take on Labour directly with pledge to extend workers' rights
Theresa May will unveil the party's pledge to help those in the gig economy.
Most 'disruptive' cyberattacks against UK firms not reported to public says report
Department for Culture, Media and Sport study: "Nearly half" of UK businesses suffered a cyberattack or breach.
Has your business been hacked? One in five UK firms hit by cybercrime
Even though big businesses are major targets, we all need to improve security.