Download IPFS South West, United Kingdom, 4 August 2025Business confidence in the South West declined in July, despite firms continuing to prioritise expansion and investment, according to the latest figures from Lloyds Bank’s Business Barometer. Confidence among firms in the region fell by eight points to 44%, with a more[Read More…]

Download IPFS Scotland’s economy has come under renewed pressure following the release of figures highlighting a contraction in output, with the shutdown of oil refining at the Grangemouth site emerging as a key factor. According to official data from the Scottish Government, gross domestic product (GDP) in May declined notably,[Read More…]

Download IPFS A renewed free trade agreement between the United Kingdom and Türkiye is shaping up to be a modern example of bilateral economic cooperation, according to British trade official Kenan Poleo. Poleo, the British consul general in Istanbul and UK trade commissioner for Eastern Europe and Central Asia, confirmed[Read More…]

Download IPFS LONDON, One year after the Bank of England (BoE) began reducing interest rates, the financial burden on British households continues to grow, with savings returns falling and mortgage costs remaining stubbornly high. An analysis of official BoE data by Bloomberg shows that households are, in total, £11 billion[Read More…]

Download IPFS The UK beauty industry is facing sharp job losses, with 14,000 roles expected to go this year alone due to recent tax hikes introduced by the Labour government. The findings come from Oxford Economics, which forecasts a two per cent decline in employment across the sector during 2025.[Read More…]