Global stocks down on weak Chinese data
Global stocks fell Tuesday after disappointing data from China deepened concerns over its economy, while strong US retail numbers and worries surrounding the American banking sector cast a pall on Wall Street.
Nigeria receives £10 million to fund sustainable climate infrastructure
A £10 million investment has been announced by a UK-backed funding program to create a Risk Sharing Backdrop Facility for Nigerian sustainable climate infrastructure.
PayPal debuts US dollar-backed stablecoin for payments
PayPal on Monday launched a stablecoin digital currency backed by US dollars to be used for transactions at its global online payments platform.
Hydrogen transport projects in North East England awarded £8 million in government funding
Airport vehicles and supermarket delivery trucks are set to benefit from upcoming hydrogen transport projects taking place in Tees Valley.
UK railways hit by latest staff walkout
Rail workers in Britain held their latest strike over pay and conditions on Saturday, as more than a year of walkouts on the country's train network grinds on.
Liverpool Investment Zone to deliver 4,000 jobs and boost medical innovation in North West England
Liverpool Investment Zone aims to boost medical innovation, creating 4,000 jobs with £320 million private investment, solidifying its position in life sciences.
Eurozone economic downturn steepens in July
Eurozone economic activity shrank at its fastest rate in eight months in July, as a contraction gathered pace on the back of cuts in manufacturing, a key survey said Monday.
UN talks seek to fix 'broken' global food system
A three-day United Nations summit opened in Rome on Monday aimed at tackling a "broken" global food system where millions are starving, two billion are overweight or obese and the planet is suffering.
Investors' projections indicate affordable housing market set to double by 2023
JLL's Affordable Housing 2023 report projects a 120 per cent growth in the UK's affordable housing market, with an increasing interest of investors.
'Strong trade unions' necessary says Starmer to Unite Policy Conference
Speaking at the 2023 Unite Policy Conference, the Labour leader Sir Keir Starmer referred to the importance of the TUC's recent victory at the High Court.
Britain moves closer to a disabled people inclusive society with Disability Action Plan
The British government has launched a Disability Action Plan to develop long-term plans for improving the lives of disabled people in consultation with people facing such difficulties.
Will innovative finance tackle the sustainable development goals and save the planet?
The world is halfway to the 2030 deadline of the UN Sustainable Development Goals. As challenges abound, a crucial issue needs attention: how to foot the bill.
Great British Nuclear could take the world away from Russian fuel and secure UK's energy future
The UK government launched the Great British Nuclear on July 18 to develop next-generation nuclear technology, which includes nuclear fuel that will reduce dependency on fossil fuels and provide an alternative to Russian fuel.
PM Sunak appoints leading chief executives to new business council
Prime Minister Rishi Sunak has appointed a new business council that brings the chief executives of major companies into the heart of government to help boost the British economy.
The UK food and consumer goods business struggles with low consumer confidence, inflation and labour shortage
The UK food and consumer goods business is facing challenges, including inflation and labour shortages, according to the Institute of Grocery Distribution.
How did this British startup earn nearly £30 million in sales during the pandemic?
British startup Luxtripper showed the way to recover from COVID-19 setbacks by building a resilient system within the past three years of turbulent times, gaining 144.87 per cent growth and £27.9 million in sales.
Development Minister highlights 'truly sobering' global refugee numbers
Britain's Minister for Development and Africa, Andrew Mitchell, has outlined steps that can be taken to tackle the 'sobering' numbers forcibly displaced around the world.
Study reveals funding shortage forces UK SMEs to halt operations
A study by Manx Financial Group reveals that a significant number of UK SMEs have been forced to reduce or halt their operations due to a lack of funds.
A new set of clean maritime tech investments takes Britain closer to fulfilling its net zero target
In four rounds of competition, the best innovative technologies for the UK maritime sector like alternative fuels, offshore vessel charging systems, sustainable ferries, etc., were demonstrated.
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.
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.
Sri Lankan govt asks protesters to return artefacts looted from presidential palace
Several artefacts were looted from the palace during the five-day siege, and now the government wants these items back.
Biden takes tea and talks climate with King Charles III
US President Joe Biden dropped in for tea and climate change talks with King Charles III on Monday, after a garden meeting with UK Prime Minister Rishi Sunak before a NATO leaders' summit on Ukraine.
The UK and US team up to support emerging nations fight climate change
The Climate Finance Mobilisation Forum will allow discussions to take place over the capabilities of emerging economies dealing with climate change and how necessary support can be provided to them.
Can the new NCSC's Active Cyber Defence programme enhance the UK's cybersecurity?
The NCSC's Active Cyber Defence programme focuses on transparency, automation, and collaboration to tackle evolving cyber threats and enhance cybersecurity resilience in the UK.
Stocks drop as Chinese, eurozone data disappoint
Stock markets retreated Wednesday on disappointing eurozone and Chinese economic data as well as rising tensions between Beijing and Washington.
Funding worth £12 million to be put towards a new aerospace project in South West England
The project will centre around new technology for aircraft wings and will ultimately strive to help achieve net zero air travel in the near future.
Investing in England's worst quality housing could generate over £135 billion
Restructuring England's poor housing could yield £135 billion in societal benefits, according to the Building Research Establishment.
High energy-use businesses urged to claim extra discount on energy bills
The British government has announced a one-month deadline for energy-intensive businesses to apply for the Energy Bills Discount Scheme (EBDS).