Tariffs to blame: ONS reports GDP contraction
Britain’s economy contracted by 0.3% in April, marking its worst monthly performance in two years and falling short of forecasts, according to the Office for National Statistics (ONS).…
Continue ReadingBritain’s economy contracted by 0.3% in April, marking its worst monthly performance in two years and falling short of forecasts, according to the Office for National Statistics (ONS).…
Continue ReadingThe first quarter of Donald Trump’s presidency saw a record number of Americans applying for British citizenship, with 1,931 petitions filed between January and March – the highest…
Continue ReadingBritish car manufacturers have negotiated preferential access to the US market under a new trade agreement with the Trump administration, sparking fierce opposition from major American automakers. The…
Continue ReadingThe UK is undergoing one of the most significant tax reforms in decades, with HM Revenue & Customs (HMRC) rolling out its Making Tax Digital (MTD) for Income…
Continue ReadingBritain is on the verge of securing a major trade deal with the European Union, one that would grant British defence firms access to lucrative EU arms markets.…
Continue ReadingThe British government unveiled a £20 billion financial support package for exporters hit by punishing new US tariffs, framing it as essential to provide stability in an increasingly…
Continue ReadingThe United Kingdom stands on the verge of securing a landmark trade deal with India, with negotiations reportedly 90% complete, marking a significant milestone in Britain’s post-Brexit trade…
Continue ReadingThe UK faces significant economic challenges following the announcement of new US tariffs by President Donald Trump, which will impose reciprocal duties of at least 10% on imported…
Continue ReadingBritish Steel, owned by Chinese conglomerate Jingye, has confirmed plans to decommission its two remaining blast furnaces in Scunthorpe, effectively terminating primary steel production in the UK after…
Continue ReadingThe United Kingdom has introduced its first updated Pesticides National Action Plan in more than a decade, imposing binding targets to reduce the environmental risks posed by agricultural…
Continue Reading