Landmark judgment upholds CMA's battle against unethical Pharmaceutical pricing practices
Competition Appeal Tribunal upholds CMA's verdict against Advanz Pharma for exorbitant pricing of liothyronine tablets, imposing £84M fine, marking a pivotal victory against pharmaceutical exploitation.
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.
UK pig industry becomes profitable after two years of losses
Market reforms in the UK pig industry pave the way for a swine resurgence, with analysts from the Agriculture and Horticulture Development Board (AHDB) saying pig farmers were still losing an average of £17.
Unfavourable weather conditions threaten consumer prices and agricultural output
Concerns over food inflation are intensifying as weather conditions threaten consumer prices and food security, particularly affecting crops like wheat, barley and potatoes.
Report uncovers alarming vulnerability of UK websites to bot attacks
The report reveals that 66 per cent of UK websites are vulnerable to basic bot assaults, posing serious risks to British businesses
Is the Smart Data reforms what UK businesses need to thrive?
A business alliance led by MP John Penrose is urging the government to expedite Smart Data reforms, to enhance the competitiveness of British exporters, among others.Business leaders rally behind urgent smart data reforms for British competitiveness and consumer benefits
Britain's cost-of-living crisis could intensify over probable taxi fare hike by private taxi operators
A landmark verdict is set to change how taxes like VAT are applied to private taxi operators, making way for a hike in taxi fares.
Many heat network customers are in line to receive fairer prices for their energy bills
Plans are being put in motion by the government to provide better consumer protection for heat network customers and reduce their energy bills.
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.
Social media is overtaking traditional channels for UK SMEs' revenue generation
A study reveals that 28 per cent of UK small businesses are now making more money through social media than from any other channel, while 21 per cent worry about lacking digital skills.
The Eco-Friendly Luxury Sneakers Handcrafted for the Modern Conscious Consumer
This article explores the creation of eco-friendly luxury sneakers, meticulously crafted to cater to the preferences of the conscious modern consumer.
How will the UK real estate industry go 'digital' in 2023?
The UK government and the major real estate industry players have jointly launched a new group for the digital transformation of UK real estate.
Meta to launch AI chatbots with personalities to retain users
The multinational technology company are developing variations of chatbots with different personalities and functions in a bid to improve user retention.
UK to overhaul product safety laws for 21st century innovations and e-commerce
The UK plans to overhaul its 30-year-old product safety laws to adapt to emerging technologies and e-commerce, benefiting businesses and consumers.
UK retail industry has lost 6,000 retailers in the past five years
The UK retail industry has been battling with the closure of 6,000 retailers over the past five years due to burdensome business rates and the COVID-19 pandemic.
Prince Harry still an 'invaluable part' of Travalyst says CEO
The Duke of Sussex founded Travalyst in 2019 with a mission to aid "both travelers and travel companies make better, greener choices."
Reports show 50% of banks think data-driven financial services have provided commercial benefits
Financial institutions in the UK want to assist clients better, with over 80 per cent of bank executives committed to providing data-driven financial management support.
European consumer goods industry sees decline in product innovations amidst sales slump
A recent study reveals a decline in product innovations among major brand manufacturers in Europe's six largest markets amidst falling sales in Fast-Moving Consumer Goods.
Gen Z and Millennials prioritise retailers' reputation and values over price
A new study reveals that despite a challenging economic environment, Gen Z and Millennial customers prioritise retailers' reputations when making purchasing decisions.
Equities edge higher as inflation moderates
Global stocks mostly edged up on Monday as investors remained optimistic that interest rates will not go higher and China made moves to boost lackluster growth.
Record high of nearly 6,000 hospitality industry closures in the last 12 Months
There have been approximately one in 18 hospitality industry closures all over Britain in the past year, as the record-breaking number sends shock waves through the sector and raises concerns about the long-term viability of businesses.
Samsung is sparing no effort to make foldable phones dustproof
Samsung could apply its experience in developing water-resistant phones to overcome the challenge of dust proofing.
Revolution of consumer behaviour: Exploring the transition of consumers to mobile shopping
With the rise of mobile shopping and the profound impact of the pandemic on consumer behaviour, retailers are investing heavily in their online presence.
Microsoft rolling out Bing AI for Google Chrome with some limitations
While Microsoft allows 30 messages per conversation on the Edge browser, Chrome's Bing supports only five messages per conversation.
Ford raises 2023 profit outlook but sees bigger EV loss
Ford lifted its full-year forecast Thursday after quarterly earnings nearly tripled on strong vehicle pricing in conventional autos that offset losses in electric vehicles (EV).
TikTok set to sell Chinese products in the US soon
With TikTok gearing up to launch its e-commerce platform in the U.S., buyers will have access to a wide range of products from China.
Stocks tread water while dollar dips after latest Fed rate hike
Wall Street stocks tread water while the dollar dipped Wednesday after the Federal Reserve lifted interest rates and signaled the possibility of further increases.
Apple Pay and contactless payments set to surpass cash in stores by 2023
A survey has revealed a major shift in payment preferences, indicating that Apple Pay and Contactless Payments will soon overtake cash payments in physical stores, with 87 per cent of face-to-face payments in the UK in 2022 being contactless.
The UK Is Promising New Trade Routes – Will It Deliver?
The UK has struggled to recover from Brexit but promises new trade routes on the horizon. Will it deliver? Discover here.
More than half of UK businesses say customers are spending less
Recent research has shed light on the shifting trends, indicating a rise in remote work and an increasing preference for second-hand shopping among UK consumers.