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UK economy risks big hit under Trump tariffs plan, think tank says

LONDON, - A leading British think tank said on Wednesday that the country's already slow economic growth rate could be more...

UK Treasury chief unveils budget with $50 billion in tax hikes, promising greater investment

London: British Treasury chief Rachel Reeves told lawmakers Wednesday that taxes will rise by 40 billion pounds (USD 52 billion) in order to plug...

‘Why did I vote for Labour?’ UK tech’s testy relationship with the new government – UKTN

There were high hopes among senior ranks of UK tech that a fresh Labour government would mark a reset in relations with the sector,...

UK Government Adjusts Debt Rules for Infrastructure Boost

The UK government announces a landmark change in debt measurement rules to unlock billions for infrastructure investment. Chancellor confirms potential to borrow up to £50bn...

Booming Cambridge Exposes England’s Widening Wealth Gap

With its towering spires, pristine courtyards and cobblestone streets, the university city of Cambridge, England, rarely evokes thoughts of a tech hub, or anything...

Fashion Industry Leaders Urge End to ‘Tourist Tax’

Over 300 fashion industry leaders urge UK Chancellor to scrap the controversial ‘tourist tax’. Business figures highlight the UK as the sole European nation without...

International Investment Summit Generates £63 Billion and 38,000 Jobs in the UK

The recent International Investment Summit has significantly boosted the UK economy, drawing £63 billion and creating nearly 38,000 jobs. This event marked a substantial...

King Charles, PM and Sadiq Khan woo global business chiefs in London to invest billions in UK

King Charles, Sir Keir Starmer and Sadiq Khan were on Monday wooing global business chiefs at an investment summit in London to attract billions...

Doubts on UK Industrial Strategy Cloud Investment Push at Summit

When UK Prime Minister Keir Starmer welcomes business leaders to a major investment summit in London on Monday, his message to executives from...

DPD to Create 250 Jobs at New £100m Business Park

DPD is set to enhance its workforce with a new hub. The facility in County Durham will ensure 125 existing jobs. An agreement secures 250 additional...

BOE’s Greene Says Strong UK Consumer Could Renew Price Pressures

A consumption-driven recovery in the UK could set off a renewed bout of inflation, but more interest rate cuts are likely as prices...

UK tech faces talent exodus if founders are penalised by tax hikes

Prime Minister Keir Starmer has promised that Chancellor Rachel Reeves’ first Budget will prioritise economic growth and wealth creation.But moves to hike taxes that...

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