Labour leader Sir Keir Starmer says a strategic plan is needed to save the UK car industry, after the collapse of Britishvolt, the country’s biggest project to build electric car…
Economy
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EconomyEnergyEnglandEnvironmentEuropeFeaturedGlobal NewsNatural GasNewsUKUK Government
Energy bills rise for 2.5 million homes on Economy 7
by Flynn Owenby Flynn OwenAbout 2.5 million households in Britain have seen their annual energy bill go up by an average of £116 despite the government fixing prices until April. Those on Economy 7…
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BusinessChristmas & New YearsEconomyEnglandEuropeFeaturedGlobal NewsNewsUKUK GovernmentWorld News
Christmas cutbacks cause shock drop in shop sales
Shop sales fell by 1% in December from the month before as people reined in their spending. Retailers said “consumers are cutting back on spending because of increased prices and…
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EconomyEnglandEuropeFeaturedGlobal NewsNewsUKUK Government
UK economy beats expectations with November growth
by Flynn Owenby Flynn OwenThe UK economy unexpectedly grew in November, helped by a boost from the World Cup, official figures show.The UK economy unexpectedly grew in November, helped by a boost from the…
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BusinessEconomyEnglandEuropeFeaturedGlobal NewsNewsUK
Billionaire Sir James Dyson moves residency back to the UK
High-profile businessman Sir James Dyson has moved his residency back to the UK from Singapore. He now lives primarily in the UK according to filings for his companies, which include…
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EconomyEnglandEuropeFeaturedGlobal NewsNewsUKUK Government
Dyson calls UK approach to economy ‘stupid’
Sir James Dyson has accused the government of having a “stupid” and “short-sighted” approach to the economy and business in the UK. He said growth had “become a dirty word”…
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BusinessEconomyEnglandEuropeFeaturedGlobal NewsNewsPoliticsUKUK Government
Landmark Levelling Up Fund to spark transformational change across the UK
More than 100 projects awarded share of £2.1 billion from Round 2 of government’s flagship Levelling Up Fund to create jobs and boost the economy Landmark levelling up funding will…
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Happy second anniversary. And how is Brexit working for you so far? Yes, it was two years ago on New Year’s Day that the United Kingdom formally ended its 46…
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CryptocurrencyEconomyUKUK Government
UK Enforces Crypto Tax Break for Foreigners Using Local Brokers
by Flynn Owenby Flynn OwenThe U.K. is enforcing a tax exemption for foreign investors purchasing crypto through local investment managers or brokers starting Sunday. The tax break, announced in December, is a part of Prime Minister Rishi Sunak’s…
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EconomyFeaturedHuman RightsPoliticsUKUK Government
UK ministers poised to launch £700mn fund to rebuild poorer areas
by Lucas Hayesby Lucas HayesThe UK government is expected to launch a £700mn fund early this year that will provide long-term cash to rebuild some of the most deprived parts of Britain, as it…