The UK economy grew by 0.7 percent in the first quarter of 2025, marking its strongest performance in a year and placing the country at the top of the G7 growth rankings. The rebound was driven largely by the manufacturing and services sectors, which saw a boost from strong domestic[Read More…]

Ofgem has approved a landmark £24 billion investment into the UK’s electricity transmission networks, a move aimed at modernizing the country’s energy infrastructure and supporting the transition to a net-zero future. The funding, which forms part of the broader RIIO-2 regulatory framework running from 2021 to 2026, is set to[Read More…]

The UK government has called for an urgent investigation into the sudden insolvency of the Lindsey Oil Refinery, one of the country’s key fuel processing facilities. Located in North Lincolnshire, the refinery ceased operations after its operator, Prax Group, filed for insolvency, sending shockwaves through the energy sector and prompting[Read More…]

The UK is facing renewed pressure on food prices as prolonged dry weather disrupts crop yields and squeezes supply chains, fueling a fresh wave of inflation across key grocery items. Farmers and food industry leaders are warning that months of unusually low rainfall have left fields parched, stunted crop growth,[Read More…]

Business investment in the UK grew solidly in the first quarter of 2025, though revised figures released by the Office for National Statistics (ONS) show that the initial surge was more tempered than previously reported. Investment rose by 3.9% between January and March, a downward revision from the earlier estimate[Read More…]

A new trade agreement between the UK and the United States has come into effect, delivering immediate tariff reductions that offer a significant boost to the UK’s automotive and aerospace industries. Announced on 30 June 2025, the deal marks a tangible step in strengthening economic ties between the two countries,[Read More…]

Despite recording the fastest economic growth among G7 nations in the first quarter of 2025, UK households are facing growing financial strain, according to the latest data from the Office for National Statistics. While the economy expanded by 0.7% between January and March, the strongest quarterly performance in over a[Read More…]

The UK economy recorded growth of 0.7% in the first three months of 2025, according to updated figures from the Office for National Statistics, offering a sign of modest recovery after a sluggish period. This marks the strongest quarterly performance in over a year, with gains seen across key sectors[Read More…]

The UK government has launched an updated trade strategy designed to make it easier for British businesses to export goods and services abroad, with the potential to unlock £5 billion in new opportunities. The revised plan, announced by Business and Trade Secretary Kemi Badenoch, aims to remove practical barriers that[Read More…]

The UK government has announced plans to limit the authority of the Financial Ombudsman Service (FOS), a move that signals a significant shift in the balance of power between financial institutions and consumers. Economic Secretary to the Treasury Bim Afolami stated that ministers are preparing to restrict the ombudsman’s ability[Read More…]