UK Inflation Rate Drops for the Third Consecutive Month Despite Expectations
Whilst Whitehall says the slight drop in inflation month-on-month means its policies are working, the UK still has one of the highest inflation rates in the G20.
UK Inflation In Surprise Drop To 18-month Low
British inflation unexpectedly slowed in August, data showed Wednesday, hitting an 18-month low and sparking hope this week's widely-forecast interest rate hike by the Bank of England could be its last for now.
Waitrose and Aldi cut more prices as Britain's food inflation picture improves
Grocery price inflation has fallen to its lowest level for more than a year, causing major supermarkets to slash prices.
Experts predict the Bank of England will raise interest rates a final time from 5.25% to 5.5%
Initial GDP figures for July show a fall of 0.5 per cent, a worse performance than expected by economists, increasing the fears of a "mild recession".
UK residents least likely to say work is important, says new survey
The number of people who place emphasis on the importance of leisure time has risen in recent decades.
UK lagging in switch to green energy, study warns
The UK risks being left behind in the production of "green" electricity, despite having once being considered a leader in the energy transition, according to a new study.
UK annual inflation drops to 15-month low
Britain's annual inflation rate dropped sharply in July to a 15-month low, official data revealed Wednesday, off the back of lower energy prices and in line with economists' expectations.
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.
Number of teen terrorists continues to rise in the UK
Terrorist groups are recruiting young people by posting extreme content online. Since 2022, the number of young people involved in extremism has increased by 11 per cent.
New Covid strain dubbed 'variant of interest' by WHO
The World Health Organisation (WHO) on Wednesday declared a new Covid strain called Eris as a variant of interest.
UK retail sales face July slump due to rainy weather, analysts optimistic for rebound
July's inclement weather caused a dip in UK retail sales, with indicators pointing to its substantial influence. However, analysts are optimistic about a potential resurgence in the second half of the year.
Less than 1% of reported rape cases end in conviction
A reported £26 million investment has been awarded to specialist services that support victims of rape and sexual violence.
Londoners spend almost £1 billion a year on beauty products
In the lingering financial crisis, the "lipstick effect" takes centre stage as consumers turn to small indulgences for comfort, leading to a 1,006 per cent increase in demand.
Indian-origin man fired by US company for speaking to dying relative in Hindi
A 78-year-old Indian-American, Anil Varshney, has filed a lawsuit against a US firm, claiming that he was fired for speaking to his dying relative.
UK inflation drops to almost 8% in June 2023, marking significant slowdown in price growth
Inflation in the UK fell to 7.9 per cent in June 2023 from 8.7 per cent in May, marking the lowest rate since March 2022, as reported by the Office for National Statistics.
Young women seeking mental health help in the UK labelled 'dramatic'
Women seeking mental health help were told their issues could be hormonal while or that they were simply "overthinking things".
UK annual inflation drops under eight percent
Britain's annual inflation rate slowed more than expected in June as it dropped below eight percent, official data showed Wednesday, easing the country's cost-of-living crisis.
British small businesses face uphill battle as GDP dips and challenges mount
UK SMEs face challenges as GDP declined by 0.1 per cent in May 2023, and pressure mounts from interest rate hikes, inflation, and late payment practices by large businesses.
UK economy falters as outlook darkens
The UK economy shrank in May on an extra public holiday for the coronation of King Charles III, official data showed Thursday, and as high inflation prolongs a cost-of-living crisis.
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.
Lung cancer cases in women in the UK projected to surpass men
The projected trajectory indicates that by 2025, more women will be diagnosed with lung cancer than men in the UK. Historically, lung cancer has been predominantly associated with male smokers.
Recent data reveals UK leads G7 nations in April export growth
UK outperformed other G7 nations' export growth in April with a 5.86 per cent increase to over $38 billion, surpassing Japan's 2.52 per cent gain, according to ParcelHero.
Rishi Sunak's pledge to 'stop the boats' will cost the UK £169,000 per immigrant
The revelation is part of an Impact Assessment of the Government's new Illegal Migration Bill, which was introduced to Parliament in March.
Retail sales in the UK surpass expectations with 0.3% growth in May
UK retail sales experienced an unexpected increase of 0.3% in May, as experts identify King's coronation and warmer weather as possible reasons.
Is the soaring cost of living rooted in a deeper "cost of adaptation" crisis?
Climate and economic experts are pointing out that the systemic global and local problems behind sticky food inflation need more than just monetary approaches.
High UK inflation hinders cost-of-living fight
Britain's annual inflation rate unexpectedly remained at 8.7 percent in May, official data showed Wednesday, piling pressure on the Bank of England and government to act over a cost-of-living crisis.
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.
UK Geospatial Strategy 2030 aims to revolutionise location data
UK Government's Geospatial Strategy (up to 2030) aims to advance location data and technologies, benefiting the economy and consumers.
UK online retailers contend with technical debt as consumer expectations shift
As retailers face the challenge of aligning consumer desires with their business capabilities, a mounting concern known as "technical debt" has emerged.