Strike action sees UK economy flatline in February The UK economy experienced no growth in February due to strikes by public sector workers, according to…
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UK to be one of worst performing economies this year, predicts IMF The UK is set to have the worst-performing economy in the G20 this…
CBI boss Tony Danker sacked over misconduct claims Tony Danker, the boss of the Confederation of British Industry (CBI), has been fired following an investigation…
Interest rates likely to fall to pre-Covid levels, IMF predicts A new International Monetary Fund (IMF) forecast suggests that interest rates in major economies are…
More people entertaining at home amid cost of living crisis Sales of home accessories and furniture increased sharply in March, according to the British Retail…
Financial Times – Global economy dodges big slowdown as growth outlook outpaces forecasts Summary of the front page The Financial Times says the world’s leading…
Wizz Air ranked the worst airline for flight delays Wizz Air has been named the worst major airline for flight delays from UK airports for…
CITY AM – CBI IN CRISIS: Firms mull bailing out CITYAM SAYS The Treasury has placed on pause all engagement with the CBI, Britain’s biggest…
New tax year: Bills and benefits rise, but tax rise risk looms The new tax year has started with warnings for people to be cautious…
Richard Branson’s rocket firm Virgin Orbit files for bankruptcy Virgin Orbit, the satellite launch company founded by British billionaire Sir Richard Branson, has filed for…
City AM – Britain goes own brand Recession fears see Brits stock up on own-brand kitchen staples CITY AM SAYS THE COST of living crisis…
Cineworld ditches sale of UK, US businesses after failing to find buyer Cineworld has abandoned plans to sell its cinema businesses in the US, UK,…
Sadly, this isn’t an April Fools’ prank.
UK-Asia trade deal to boost UK economy by 0.08% The UK has signed a trade deal with 11 Asia and Pacific nations, including Australia, Canada,…
Virgin Orbit lays off 85% of staff after failing to secure funding Virgin Orbit has announced that it will lay off 85% of its workforce…
‘Half-baked, half-hearted’: critics deride UK’s long-awaited climate strategy The Guardian says The UK’s new energy plan unveiled on Thursday is a missed opportunity full of…
UK supermarket inflation hits record high The UK is experiencing record-high supermarket price inflation, with a 17.5% increase in grocery prices in the four weeks…
CITY AM – UK economy not out of the woods yet UK recession still on the cards after aggressive Bank of England interest rate hikes…
UK households ‘spent 12% more on essentials in February than year earlier’ The Guardian says Inflation and rising bills mean UK households are spending 12%…
Bank of England warns interest rates will rise again if businesses hike prices The Independent says The head of the Bank of England has warned…
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UK interest rates: Another Bank of England rise expected as prices soar Following an unexpected jump in the rate of inflation, the Bank of England…
CITY AM – Don’t panic The front page of the London business paper reports on the banking crisis – saying markets were soothed by Credit…
UK borrowing in February hits highest level since record began According to the Office for National Statistics (ONS), government borrowing in February hit its highest…
Thousands may have fallen for Crypto app scam The Metro says Another cryptocurrency trading app may have lost thousands of people their hard-earned savings, it…