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UK’s Food Inflation Reaches 12-Month Low

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Following a recent high of 19.1% in March 2023, which was the highest annual rate observed in more than 45 years, food inflation in...

UK’s Producer Inflation Declines to 12-Month Low

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Producer input prices rose by 12.7% in the 12 months to February 2023, down from 14.7% in the year to January 2023. Producer...

UK Government Projects 0.2% Economic Growth This Year, Avoiding Technical Recession

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Due to shifting global developments and government support measures, the UK economy is expected to contract this year but escape a technical recession, according...

As a result of February’s resurgent economic development, the UK’s recession...

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Much better than anticipated PMI data for February indicate encouraging resilience of the economy in the face of headwinds which include rising interest rates,...

Ford plans to exit UK upon Brexit

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U.S based automotive company Ford informed UK Prime Minister Theresa May about Brexit, indicating that it would cause the company to withdraw from the...

UK reviews trade deals before Brexit

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Switzerland and the UK signed an agreement on Monday that will allow the countries to continue doing trade after Brexit. Switzerland and the UK do...

The UK to produce micro-robots

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The UK government plans on developing micro-robots to work in dangerous sites such as nuclear facilities and underground pipe lines. Some micro-robots will be developed...

UK faces employee crisis since Brexit

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The UK’s manufacturing sector faces the biggest crisis in finding qualified workers since 1989. The level of employment and the number of employees coming from...

May tells the UK firms to train British workers

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Theresa May stated that British firms struggling to fill low-skilled jobs should be training British workers to plug the gaps rather than relying on...

UK car industry and Airbus support PM’s Brexit deal

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The automotive industry and Airbus have offered support to Brexit deal, warning that the “cliff-edge” no-deal alternative would be much worse for the UK. Airbus,...