#uk-economy

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fromwww.theguardian.com
10 hours ago

Next shares slide as retailer warns on weak UK growth and jobs

The medium- to long-term outlook for the UK economy does not look favourable. To be clear, we do not believe the UK economy is approaching a cliff edge, Next's half-year earnings report said. At best we expect anaemic growth, with progress constrained by four factors: declining job opportunities; new regulation that erodes competitiveness;, government spending commitments that are beyond its means; and a rising tax burden that undermines national productivity.
Business
fromwww.bbc.com
1 day ago

AI could boost UK economy by 10% in five years, says Microsoft boss

Microsoft says its new $30bn (22bn) investment in the UK's AI sector its largest outside of the US - should significantly boost Britain's economy in the next few years. Its package forms a major part of a $31billion agreement made between the UK government and various other US tech giants, including Nvidia and Google, to invest in British-based infrastructure to support AI technology, largely in the form of data centres. Microsoft will also now be involved in the creation of a powerful new supercomputer in Loughton, Essex.
Artificial intelligence
fromBusiness Matters
2 days ago

Google pledges 5bn UK investment and opens Hertfordshire datacentre amid Trump visit

Google has unveiled plans to invest an additional £5 billion in the UK over the next two years, in a move it says will help expand the country's artificial intelligence economy, create thousands of jobs and accelerate breakthroughs in science and technology. The announcement coincides with the state visit of US President Donald Trump, during which major technology and energy deals are expected to dominate the agenda. The investment will include significant spending on Google's infrastructure, research and engineering teams, as well as support for Google DeepMind, its London-based AI arm. The company said the expansion would generate 8,250 " new AI-driven jobs " in Britain.
Artificial intelligence
#artificial-intelligence
#journalism-funding
fromwww.independent.co.uk
3 days ago
UK politics

Primark owner warns Rachel Reeves over mistaken' rate changes

ABF chief George Weston warns proposed business rate increases would significantly burden UK high street retailers and businesses already facing rising costs.
fromwww.independent.co.uk
2 weeks ago
UK politics

Defiant Reeves admits working people feel stuck' but insists Britain is not broken

Rachel Reeves acknowledges families struggle financially while promising policies to boost the economy and ease childcare costs amid cost-of-living pressures.
UK news
fromwww.bbc.com
6 days ago

UK economy saw zero growth in July

UK economy showed zero growth in July and 0.2% growth over three months to July, with manufacturing contracting sharply by 1.3%.
#gdp-growth
#gdp
UK news
fromBusiness Matters
2 months ago

UK economy shrinks again in May, fuelling fears of faltering recovery

UK economy contracted by 0.1% in May, marking the second consecutive month of decline and indicating a fragile recovery may be stalling.
#economic-growth
fromBusiness Matters
1 week ago
UK politics

Starmer and Reeves have taken Britain to 'the edge of a crisis', warns ex-M&S boss Stuart Rose

Britain faces an imminent economic crisis; Labour must adopt radical measures and reverse policies deterring investment and hiring to restore growth and jobs.
fromwww.theguardian.com
1 month ago
UK news

Economic bounceback may be under way but Reeves cannot afford to relax

Britain's economy grew by 0.3% in the second quarter, with manufacturing and construction sectors showing strong recovery.
UK news
fromLondon Business News | Londonlovesbusiness.com
1 week ago

NIESR highlights Rachel is facing a 'trilemma' how to pay for her spending plans - London Business News | Londonlovesbusiness.com

The Chancellor faces a fiscal trilemma while the UK endures sluggish growth, modest GDP upgrades for 2025, and weak business investment recovery.
Business
fromBusiness Insider
1 week ago

PwC is cutting the number of grads it hires. The chief of its 25,000-person UK business explained why.

PwC UK reduced entry-level hiring to 1,300 from 1,500 this year due to a UK economic slowdown and AI-driven role changes.
Business
fromLondon Business News | Londonlovesbusiness.com
1 week ago

Employment falls to lowest level since October 2012 on Starmer's watch as hiring slowdown deepens - London Business News | Londonlovesbusiness.com

UK economic output strengthened in August to its highest since 2021, led by services growth while manufacturing and the labour market remained weak.
#fiscal-policy
fromIrish Independent
3 weeks ago

Terry Wogan's son hits out at Labour chancellor after late father's 3.75m home fails to sell

Speaking to TalkTV's Plank Of The Week, Mark Wogan said: "It's interesting how you say [Labour chancellor] Rachel Reeves is killing the housing market - she's killed it already. "You'd think someone would come round, even just out of interest. But no one's come to see it. No one, not one single person. That's how dead the market is."
UK politics
World news
fromwww.independent.co.uk
3 weeks ago

Bank of England governor says UK faces acute challenge' from ageing workforce

Weak economic growth and declining workforce participation, driven by an ageing population and rising long-term sickness—notably mental health—are undermining UK productivity.
fromSocial Media Today
3 weeks ago

TikTok Sees Big Revenue Increase in the UK Market

TikTok's operations in the United Kingdom, Europe, and Latin America more than doubled revenues since 2022, when the company brought in $2.6 billion, according to filings submitted to Companies House, the U.K's corporate registry.
Miscellaneous
#inflation
#insolvency
E-Commerce
fromBusiness Matters
4 weeks ago

WH Davis secures 44m export deal and plans 25% workforce expansion

WH Davis secures a €44 million export contract with Ireland, increasing workforce by 25%.
The contract allows WH Davis to return to exporting after two decades.
UK news
fromBusiness Matters
1 month ago

Britain warned it must build hundreds of new warehouses to meet defence pledge

Britain requires an additional three million sq m of warehouse space by 2032 due to increased defence spending demands.
UK politics
fromBusiness Matters
1 month ago

Borrowing costs rise again as gilt yields hit near 27-year high

Long-term government debt in the UK reaches levels last seen in 1998, with rising borrowing costs prompting market uncertainty.
UK politics
fromwww.theguardian.com
1 month ago

People have a right to be happy': the former Waitrose boss on how the UK can boost productivity

Happiness at work can significantly boost productivity and address economic challenges in the UK.
fromwww.independent.co.uk
1 month ago

Consumer confidence in UK economy falls to lowest level in two years

Consumer confidence in the future UK economy has plummeted over the last year, falling by 31 points from an average of minus nine to minus 40 as reported by Which?.
UK news
Agriculture
fromwww.theguardian.com
1 month ago

UK's largest bioethanol plant to shut after blow from Starmer's trade deal with Trump

Vivergo, UK's largest bioethanol plant, will close due to a US trade deal, resulting in 160 job losses and risking further jobs in the supply chain.
fromBusiness Matters
1 month ago

UK workers rank among the world's most miserable, survey finds

UK workers reported higher levels of workplace anxiety and lower happiness than counterparts in India, the Philippines, and the US, revealing significant disparities in job satisfaction.
Public health
Business
fromBusiness Matters
1 month ago

UK small firms that celebrate success see faster growth, Xero study finds

Celebrating business milestones correlates with faster revenue growth in UK companies.
UK news
fromwww.independent.co.uk
1 month ago

September 2025 payments dates for benefits and pensions plus cost of living support

Economic pressures continue to impact UK households with persistently high prices and rising food insecurity.
fromwww.independent.co.uk
1 month ago

UK exports to US plummet in wake of Trump tariffs

British exports to the US have plummeted to their lowest level in three years, dropping 13.5 per cent despite a US-UK trade agreement aimed at mitigating tariff impacts.
UK news
UK news
fromwww.independent.co.uk
1 month ago

Less available places to rent could see prices rise by at least 25%', report says

Rental supply shortages in the UK could lead to a 25% increase in rental prices over the next three months.
UK politics
fromwww.theguardian.com
1 month ago

In our first year Labour fixed the foundations now we must build a stronger economy for a renewed Britain | Rachel Reeves

Britain's economy has potential but has faced stagnation due to austerity, Brexit, and poor fiscal management.
fromwww.independent.co.uk
1 month ago

Blow for Reeves as hiring plans at record low' in wake of national insurance hike

Rachel Reeves faces another setback with a significant decline in company hiring plans, recorded at a historic low of 57 percent for the upcoming three months.
UK news
#bank-of-england
#interest-rates
fromwww.theguardian.com
1 month ago

UK construction activity in July falls at steepest rate since Covid

UK construction activity fell sharply in July, reflecting the steepest decline since May 2020 due to collapsing housebuilding and broader economic challenges.
Renovation
fromwww.theguardian.com
1 month ago

Climateflation' could push up UK food prices by more than a third by 2050, report says

The Autonomy Institute thinktank warned that climate-induced price increases for everyday food items could push almost 1 million people into poverty without urgent government intervention.
Food & drink
fromwww.independent.co.uk
1 month ago

Reeves must raise taxes, charge for NHS or ditch pensions triple lock, warns IMF

The world’s most important financial watchdog has warned that Chancellor Rachel Reeves will likely break a key party manifesto pledge by hiking taxes or cutting public services.
UK news
UK news
fromwww.theguardian.com
1 month ago

Reeves risks missing fiscal targets and should consider tax rises, says IMF

The IMF urges the UK government to ensure flexibility in fiscal measures to meet public finance targets amidst uncertainties.
UK politics
fromBusiness Matters
1 month ago

Andrew Bailey warns Rachel Reeves that City deregulation could reignite financial crisis

Bailey warns that rolling back banking regulations could destabilize the UK financial system and trigger another crisis.
UK news
fromwww.theguardian.com
1 month ago

UK borrowing rises more than expected, putting pressure on Rachel Reeves

UK public sector net borrowing significantly exceeded expectations in June, reaching £20.7 billion.
E-Commerce
fromBusiness Matters
1 month ago

Retail leaders warn business rates hike will push up food prices and hurt high streets

Plans to increase business rates for large retailers could worsen inflation and harm UK high streets.
fromwww.theguardian.com
2 months ago

Labour shouldn't fear taxing the rich the people I work with would welcome it | Stephanie Brobbey

Many of the super-rich have ties all over the world, decamping to homes in the south of France in the summer, or their Alpine chalets for ski holidays.
London
fromBusiness Matters
2 months ago

Ocado chief blames Reeves's Budget for rising food prices as inflation climbs

Am I surprised to see inflation coming through? Of course not. You can't increase the cost of labour in food production, food distribution and food retailing in the way that we have... and not expect to see prices move.
UK news
fromLondon Business News | Londonlovesbusiness.com
2 months ago

An interest rate cut likely next month but the halt on recruitment continues - London Business News | Londonlovesbusiness.com

The modest rise in unemployment reflects a slowdown in recruitment activity, with businesses cautious about hiring due to increased business costs, weak economic growth forecasts, elevated borrowing costs, and ongoing uncertainty in global markets.
UK news
fromwww.theguardian.com
2 months ago

Jaguar Land Rover axes 500 UK jobs after Trump tariff fallout dents sales

Jaguar Land Rover plans to cut up to 500 management jobs in the UK, amounting to about 1.5% of its workforce, due to a 15.1% sales drop.
Cars
E-Commerce
fromwww.theguardian.com
2 months ago

Isa shakeup: How can Rachel Reeves nudge savers into buying stocks and shares?

Encouraging Britons to invest more in shares can enhance returns, support businesses, and stimulate economic growth.
UK news
fromBusiness Matters
2 months ago

Reeves takes bold step to boost UK share ownership with sweeping reforms and new investor campaign

Chancellor Rachel Reeves advocates for a pragmatic regulatory approach to boost investment and increase stock market participation in the UK.
fromwww.theguardian.com
2 months ago

Reeves to say rules and red tape are boot on the neck' of innovation

Regulations act as a boot on the neck of businesses, choking off the enterprise and innovation that is the lifeblood of growth. Regulators must boldly regulate for growth.
UK politics
fromBusiness Matters
2 months ago

Aldermore provides 25m funding package to boost Osprey's EV charging hub rollout

Osprey Charging has received £25 million from Aldermore Bank to fund the rapid expansion of its ultra-fast EV charging network across the UK.
E-Commerce
Fundraising
fromBusiness Matters
2 months ago

How a 400,000 fund in Oxfordshire shows the future of community investment

Didcot's innovative fund bridges the gap between corporate resources and community needs through sustained partnerships and strategic collaboration.
UK news
fromBusiness Matters
2 months ago

We are heading for significant tax rises, warns OBR, as UK debt outlook darkens

UK faces economic challenges with a dip in GDP and rising government debt projections.
fromLondon Business News | Londonlovesbusiness.com
2 months ago

Chancellor urged that she must spark investment reform - London Business News | Londonlovesbusiness.com

Businesses large and small, across the UK, will be listening hard to the Chancellor's speech - to see if it can truly spark much needed investment reform.
Business
fromBusiness Matters
2 months ago

BT says UK planning barriers risk 230bn economic windfall from 5G

The UK seems to have made it the hardest of anywhere to build mobile infrastructure. Unless we remove unnecessary roadblocks and make more spectrum available, we risk missing out on a once-in-a-generation opportunity to boost growth.
Mobile UX
UK news
fromBusiness Matters
2 months ago

More small firms expect to shrink than grow, warns FSB

More UK small firms expect to shrink or shut down in the next year than anticipate growth for the first time in history.
fromwww.newsshopper.co.uk
2 months ago

The cheapest places for fuel in south east London this July

Fuel prices in the UK are rising due to global instability, with Brent crude oil prices increasing from $68 to $78 per barrel in July, leading to higher retail costs.
Miscellaneous
fromwww.bbc.com
2 months ago

UK economy shrank unexpectedly in May

The UK economy shrank unexpectedly in May, contracting for the second month in a row, with a decline of 0.1% driven by a drop in manufacturing.
UK news
fromLondon Business News | Londonlovesbusiness.com
2 months ago

Eight bank branches shuttered every week since 2016 in England, despite rapid business growth - London Business News | Londonlovesbusiness.com

The closure of 3,700 bank branches in England from 2016 to 2024, averaging eight weekly closures, demonstrates a shift towards digital financial solutions.
E-Commerce
fromwww.theguardian.com
2 months ago

As much as 5bn needed to revive UK's struggling high streets, study finds

The health of high streets across the country has varied significantly, with areas like Bradford, Newport, and Blackpool showing double the empty shops compared to London.
UK news
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