Britain's green economy grew in 2023 to buck a broader recession, according to a report released Tuesday that urged politicians heading into a general election to stick with climate-friendly investments.

Britain is in recession, official data showed Thursday, dealing another blow to embattled Prime Minister Rishi Sunak, whose Conservative party is forecast to lose a general election expected this year.

The UK space sector could become a driving force in space sustainability as the UK government announced funding and gave contracts to three space companies to develop in-orbit satellite refuelling technology.

British annual inflation steadied last month, official data showed Wednesday, but prices still rose at double the Bank of England's target rate, adding to uncertainty over the timing of an interest-rate cut.

According to official data published by the National Bureau of Statistics, China's consumer price index fell by 0.8 per cent in January 2024, compared to that of January 2023.

A new AI regulation white paper has called for strict changes AI regulatory framework including supporting UK regulators with £100 million in funding to develop technical systems to monitor AI systems.

Those who were unable to vote when the Brexit referendum was held in 2016, now aged 19 to 21 years old, revealed to International Business Times UK how the independence scheme has changed their lives.

The UK government is helping UK businesses across various sectors to make the net zero switch to green energy with a new net zero funding announcement of £190 million to 12 projects.

A new study revealed how the UK hospitality industry can use personal touch coupled with technology like AI and automation to lure UK travellers to rebook the same hotels in the cost-of-living crisis.

British annual inflation unexpectedly picked up in December, data showed Wednesday, dashing hopes of an early cut to UK interest rates and prolonging a cost-of-living squeeze before an election.

Three prominent forecasters – Oxford Economics, Investec, and Deutsche Bank – have issued updates indicating a potential halving of the inflation rate to two per cent by April, forcing the Bank of England (BoE) to reconsider its timeline for the first interest rate cut.

The total UK retail sales for the month showed a growth of 1.7 per cent, marking a substantial decline from the 6.9 per cent recorded in December 2022.

The UK government has revealed how its Green Recovery Challenge Fund helped add more green jobs and saved hectares of land across the UK through 150 environmental projects.

Homelessness in rural England has risen by 40 percent in five years with many sleeping in the open air, tents or makeshift shelters, a British rural charity said on Tuesday.

British inflation has slowed sharply to the lowest level in more than two years on falling petrol prices, official data showed Wednesday, easing a cost-of-living crisis after aggressive interest-rate hikes.

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.

The financial impacts of Brexit have left UK business investment levels "chilled", according to the Deputy Governor of the Bank of England.

Sunak is scrapping free NHS prescriptions that have been a vital lifeline for individuals with chronic conditions, low-income families, and the elderly.

Hunt defended the move, asserting that it aligns with the government's commitment to supporting businesses and individuals during challenging times.

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.

The Business Confidence Survey reveals that hospitality leaders in Britain are becoming increasingly optimistic despite the challenge of Brexit business rates and inflation.

The UK government has sought to change the £2.5 billion worth of British arbitration services through an Arbitration Bill, which seeks to modernise the procedure better to resolve legal disputes for businesses.

In a bid to help the economy recover from the financial effects of COVID-19, European authorities have welcomed remote workers through the digital nomad visa.

UK inflation hit the lowest level in two years last month after consumer prices fell sharper than expected on easing energy bills, official data showed Wednesday, relieving a cost-of-living crisis and pressure on embattled Prime Minister Rishi Sunak.

UK retail sales growth declined in October as UK consumers are cautious of spending and saving for Christmas amidst the cost-of-living crisis which has sparked a recession for the UK economy.

HSBC, headquartered in London but primarily focused on the Asian market, announced pre-tax profits of $7.7 billion (£6.4 billion) for the third quarter spanning from July to September.

The preliminary reading of the S&P Global UK PMI for the services sector, often referred to as the "flash" PMI, fell to 49.2 in October from 49.3 in September.

UK companies across various sectors like finance, logistics and transport can now use satellite data for their benefit as the UK Space Agency is opening it for business use.

As Britain grapples with a cost of living crisis, the deeper fissures in the economy, including inadequate education and training spend, are more evident than ever.

Rachel Reeves was in the limelight in Liverpool, described as the would-be "first female Chancellor ever in Britain", and also the "best qualified".