Economy
Bank of England governor warns the UK public to expect higher costs throughout this year
19 June 2026 | 07:00
Bank of England governor warns the UK public to expect higher costs throughout this year
Bank of England holds interest rates at 3.75% despite inflation risks. Middle East conflict causes energy costs to rise for…
BA boss warns that expensive aviation taxes and rail tickets are stunting growth in the UK
8 June 2026 | 09:10
BA boss warns that expensive aviation taxes and rail tickets are stunting growth in the UK
British Airways CEO warns aviation taxes hinder UK economic growth. High travel costs deter tourists compared to European rivals. Infrastructure…
UK consumers likely to face higher prices for many months to come
26 May 2026 | 19:10
UK consumers likely to face higher prices for many months to come
UK consumers face persistently higher prices for many months despite possible US-Iran ceasefire talks. Shop price inflation rose to 1.2%…
UK inflation slows to 2.8 per cent as energy price caps limit fuel costs
20 May 2026 | 19:10
UK inflation slows to 2.8 per cent as energy price caps limit fuel costs
UK inflation fell to 2.8 per cent in April according to official figures because a lower energy price cap helped…
UK unemployment unexpectedly rises to 5 per cent as firms feel Iran war pressure
19 May 2026 | 19:10
UK unemployment unexpectedly rises to 5 per cent as firms feel Iran war pressure
UK unemployment has unexpectedly increased to 5 per cent as companies face pressures from the Iran war. Official data also…
NatWest: £140m Iran war hit amid slow UK growth growth
1 May 2026 | 18:33
NatWest: £140m Iran war hit amid slow UK growth growth
NatWest expects losses of 140 million pounds due to the war in Iran. The bank reported operating profits of 2…
Jet fuel shortages at airports could lead to cancelled flights across UK and EU
11 April 2026 | 19:45
Jet fuel shortages at airports could lead to cancelled flights across UK and EU
European airports warn that jet fuel shortages could occur within three weeks. The closure of the strait of Hormuz has…
A tax credit of £13.7m was granted to Starbucks despite its rising retail sales
11 April 2026 | 06:39
A tax credit of £13.7m was granted to Starbucks despite its rising retail sales
Starbucks UK retail arm gained a 13.7 million pound tax credit despite rising sales. Large royalty payments to the parent…
Many companies currently face losing their B Corp certification as new global standards are updated
7 April 2026 | 07:31
Many companies currently face losing their B Corp certification as new global standards are updated
B Lab is implementing the most significant update to its ethical certification standards in 19 years. New requirements mandate that…
British small businesses face energy costs that will likely soar twofold following Iranian warfare
6 April 2026 | 18:52
British small businesses face energy costs that will likely soar twofold following Iranian warfare
Small British companies face energy bills doubling due to rising heating oil costs from conflict. Rural businesses are particularly vulnerable…