A recent report by the Co-op and think tank Demos highlights the economic impact of limited social mobility in the UK.The UK economy loses out on…
Browsing: UK economy
Retail leaders are calling for the abolition of the UK ‘tourist tax’, citing major economic disadvantages.A collective of over 300 business executives, including top-tier brands, has…
A coalition of over 300 retail leaders has urged Rachel Reeves to reconsider the removal of VAT-free shopping for tourists, arguing it’s detrimental to the UK’s…
The International Investment Summit secures unprecedented investments and job opportunities for the UK, marking a significant economic boost.This year’s summit attracted £63 billion in investments, more…
In August, the UK economy experienced a modest growth rate of 0.2%, breaking a two-month stagnation period. This change was primarily driven by increases in manufacturing…
The UK is at a crucial juncture with its new Labour government led by Keir Starmer, aiming to revolutionize economic growth across regions and industries.Starmer’s strategy…
Business confidence in the UK has declined for the first time in a year as speculation about potential tax hikes in the upcoming budget grows.The Institute…
The recent rescue of TGI Fridays by private equity firms has prompted the closure of numerous branches, leading to substantial job losses.Over 1,000 employees have been…
Santander’s recent report emphasizes the need for the UK government to develop skills in leadership, digital, and sustainability to advance the economy. Key societal shifts are…
The Bank of England may accelerate interest rate cuts if inflation continues to decline, signaling potential relief for borrowers, according to Governor Andrew Bailey.A cautious outlook…