Category: News

The majority of Wilko stores are expected to shut with the loss of thousands of jobs after a white knight failed to step forward to rescue the collapsed retailer.

Nigel Farage branded Dame Alison Rose’s NatWest exit an “absolute disgrace”, after it emerged she could be set to receive a pay package worth more than £2.4million.

Workers at the Civil Aviation Authority (CAA) have voted overwhelmingly in favour of industrial action in a dispute over pay.

The UK’s private sector recorded its worst month since the start of 2021 in August after a surprise downturn hit the services sector, increasing concerns about the risk of recession.

Licensing rules should be changed to allow pubs to serve alcohol outside their usual hours during “national moments”, the leading UK pub industry body has said, after restrictions limited sales during Sunday’s Women’s World Cup final.

The UK’s borrowing costs rose less than expected last month on the back of rising tax receipts and a lower debt interest bill, but economists have warned that the government is still in danger of missing its fiscal targets.

Government borrowing came in lower than expected last month despite a hit from the highest debt interest payments ever seen for the month of July.

A host of British firms have been asked by the government to hand over information on their investments in China, as the UK looks to take stock of its business ties to the state amid increasing geopolitical tensions.

The UK government spent more than £46m on negotiating just two trade deals last year, it has been revealed.

London’s SMEs are increasing their tech budgets, allocating over half of their annual revenue to technology investments, according to a report by Barclays.

The Panama Canal, a vital trade route connecting the Pacific and Atlantic Oceans, is currently facing significant congestion and delays with more than 200 ships are stuck on both sides of the canal, with some waiting for weeks to cross.

In September 2023, Lord Karan Bilimoria, Chair and founder of Change the Race Ratio, will move to a newly created role as President, handing the baton of campaign Chair to Sir Trevor Phillips. 

The cost of petrol in the UK has broken a major threshold, reaching a price of 150p per litre for the first time since January, as data provided by the AA shows.

The world’s first cargo ship fitted with giant, rigid sails – a groundbreaking innovation by BAR Technologies – has embarked on its inaugural voyage.

In a bid to deter shoplifters, Waitrose and John Lewis have taken an innovative approach by providing on-duty police officers with complimentary hot drinks.