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UK wage growth deceleration: BoE faces dilemma amid persistent inflationary pressures

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The pace of wage growth for UK workers eased in the three months leading up to the end of May but remained at levels...
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UK faces fiscal tightrope: IMF urges reforms amid high debt

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The International Monetary Fund (IMF) has warned that the United Kingdom, under its new Labour government, faces tough decisions due to high public debt.In...
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Global stocks hit record highs amid UK election results

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Global stocks continue their bull run on Friday amid Labour's landslide victory in the UK. The optimism is further fuelled by anticipation of US...
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UK shop price inflation weakest since 2021 ahead of elections

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UK retailers feel the pinch as the country heads for the upcoming election. Prices rose at the slowest pace in almost three years month,...
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Payment issues that affected major banks in UK are fixed

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Major banks in the United Kingdom (UK) including HSBC, Nationwide, and Barclays suffered outages to their online banking services on Friday (June 28). Thousands of customers were hit...
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UK economy exits recession faster than expected, faces election challenges

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Britain's economy bounced back from recession faster than initially reported in the first quarter of this year, according to revised data from the Office...
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Affordable housing, a utopian dream in the UK

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The UK housing market is in no way welcoming to first-time buyers, as the price of houses increases by 1.1 per cent in the...
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UK leads Europe and Israel in generative AI startup landscape

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According to a study undertaken by venture capital firm Accel, the United Kingdom has the most generative artificial intelligence (GenAI) startup companies in Europe...
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Post-Brexit border arrangements expected to cost UK taxpayers $6 billion

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The post-Brexit border checks are expected to cost taxpayers in the United Kingdom at least $6 billion after repeated delays in setting new rules,...

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