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…]

Download IPFS LONDON, Emirates has recorded a sharp increase in first and business-class bookings to the United Kingdom, with new figures revealing rising demand from travellers in China, India and Australia. The airline said this trend is helping to stimulate economic activity across Britain, particularly outside London. According to data[Read More…]

Download IPFS The Bank of England (BoE) is widely expected to lower interest rates this Thursday, even amid a recent surge in inflation. The Monetary Policy Committee (MPC) is anticipated to cut the benchmark rate by 25 basis points, bringing it down to 4 %, as the British economy faces[Read More…]

Download IPFS The suspension of operations at the Vivergo bioethanol plant in Hull has raised renewed concerns for the UK agricultural economy, particularly among wheat growers and stakeholders in the domestic biofuels market. Jamie Burrows, Chair of the National Farmers’ Union (NFU) Combinable Crops Board, noted that the closure could[Read More…]

Download IPFS The United Kingdom’s labour market continues to underperform compared to much of Europe, with productivity levels still lagging and workforce participation yet to rebound to pre-pandemic levels. Official figures show a significant rise in long-term economic inactivity, particularly among working-age adults facing chronic health issues. Data from the[Read More…]

Download IPFS Retail property group Hammerson has announced plans to acquire full ownership of Birmingham’s prominent shopping destinations, Bullring and Grand Central, in a transaction valued at £319 million. The deal, which will see Hammerson buy out its joint venture partner, Canada Pension Plan (CPP) Investments, will make the company[Read More…]

Download IPFS The United Kingdom has emerged as the leading nation in Europe for electric vehicle (EV) adoption, achieving the highest market share of battery electric vehicles (BEVs) among the continent’s five largest economies in the first half of 2025. The figures show a clear shift among British drivers as[Read More…]

Download IPFS The UK economy could suffer a blow exceeding £22 billion this year as domestic tourism sharply declines, prompting urgent calls for intervention. Despite a summer marked by multiple heatwaves, traditional British staycation activities such as camping and caravanning are seeing a major drop in participation, leaving small businesses[Read More…]

Download IPFS Company directors across Cumbria and the UK are being urged to prepare for new identity verification regulations introduced under the Economic Crime and Corporate Transparency Act 2023. These regulations, due to come into force later this year, will require directors and individuals with significant control (PSCs) over limited[Read More…]

Download IPFS The FTSE 100 experienced a sharp decline on Friday following US President Donald Trump’s announcement of new tariffs on several trading partners, alongside disappointing US jobs data that raised concerns about the health of the US economy. The FTSE 100 index closed down by 64.23 points, or 0.7%,[Read More…]