UK-India trade deal ‘transformational’ for Scotch whisky market News The newly-announced trade deal between the UK and India has been lauded as “transformational” in opening Scotch up to the world’s largest whiskey market. Under the terms of the deal, the UK’s 150 per cent tariff on Scotch Whisky will be halved to 75 per cent, with the potential for further reductions in the coming [...]
‘Free speech in retreat’- JD Vance warns Europe of ‘threat from within’ Politics JD Vance has accused the UK and Europe of a “backslide away from conscience rights”, warning of the “threat from within” and claiming: “Free speech, I fear, is in retreat.” The US vice-president made the comments while addressing European leaders at the Munich Security Conference in Germany on Friday, amid wider concern on the continent [...]
How Asian stock markets are dominating the UK on IPOs Markets Asian stock markets continued to surge in popularity in 2024, outperforming the languishing UK market in IPOs. Throughout this year, Asia has dominated on stock exchange floats, with over 600 IPOs throughout the year, more than two thirds of the 867 floats globally in 2024, according to data from Globaldata. In comparison, the UK market [...]
Strong wage growth kills hopes of interest rate cut December 17, 2024 Analysts have warned that strong wage growth data reported this morning has killed any chance that the Bank of England will cut interest rates later this week. While the central bank had been widely expected to hold interest rates at its Monetary Policy Committee meeting on Thursday, the decision has been cemented by wages rising [...]
South Western Railway, C2C and Greater Anglia to be nationalised in 2025 December 4, 2024 SWR will come under state ownership in May, followed by C2C and Greater Anglia in July and autumn 2025, respectively.
Global top 50 companies: UK absent as American tech triumphs April 22, 2024 There are now no UK companies among the top 50 largest listed companies in the world, as the British economy has struggled to compete with the dominance of American tech firms.
UK and Korea prepare for second AI safety summit in Seoul April 12, 2024 The UK and the Republic of Korea are gearing up for the second Artificial Intelligence (AI) Safety Summit, set to be held in Seoul on 21 and 22 May.
Why China’s growing dominance in wind power should worry the West March 27, 2024 accounted for two-thirds of the entire global build in 2023 and now boasts a 77GW portfolio
Record sales for Flight Club Darts and Electric Shuffle as global expansion targeted February 26, 2024 Sales surged to record levels at the group behind Flight Club Darts and Electric Shuffle in 2023 as it prepares to open new venues in the UK, US and Australia.
UK off to strong start in 2024 despite recession while Germany and France stagnate February 24, 2024 Despite falling into a shallow recession in the second half of last year, business activity in the UK seems to have bounced back at the beginning of 2024.