Economy

The United Kingdom is borrowing a lot less than it expected to when Chancellor Jeremy Hunt put together his budget late last year.  That’s the good news. The bad news…

Higher tax receipts helped Britain to borrow less than expected in July. That doesn’t help finance minister Jeremy Hunt much. The UK’s poor economic health leaves him with little room…

The Times has just unveiled a list of the top bakeries to visit in the UK – and London is in the spotlight Everyone’s got a favourite bakery, but have…

Barclays data shows almost nine out of 10 purchase scams start on social media. A major UK bank is calling on tech companies to reimburse victims of scams, as it…

The government will spend £100m to try to win a toe-hold for the UK in the global race to produce computer chips used to power artificial intelligence. Taxpayer money will…

The first UK ovine embryos have been shipped as part of the wider access win which has also enabled lamb exports to the United States. It was the culmination of…

Supermarkets have faced claims they are overcharging customers for fuel The average cost of petrol at UK forecourts has risen to break 150p a litre for the first time since…

Prime Minister Alikhan Smailov signed a decree on approval of the comprehensive action plan to combat the shadow economy for 2023-2025, the Prime Minister’s press service reported on July 26.…

U.K. inflation cooled significantly in June, coming in below consensus expectations at 7.9% annually. Economists polled by Reuters had projected an annual rise in the headline consumer price index of…

Total trade in goods and services (exports plus imports) between the UK and Nigeria rose by 78.2 percent (or £3.3 billion) to £7.5 billion in the four quarters to the…