UK News

UK Braces for Impact: How Trump's April 2 Tariffs Will Reshape Trade Relations

The UK is preparing for the impact of US President Donald Trump's tariffs on foreign goods starting April 2. Discussions for a UK-US economic prosperity deal are ongoing, with the ...

UK Braces for Impact: Trump's April 2 Tariffs Set to Shake British Economy

The UK anticipates the impact of US President Donald Trump's tariffs on foreign goods starting April 2. British officials are negotiating a trade deal with the US, emphasizing econ...

UK Braces for Impact as Trump's April 2 Tariffs Threaten Trade Relations

The UK anticipates the repercussions of President Trump's tariffs on foreign goods starting April 2, with ongoing discussions for a UK-US economic deal. Prime Minister Starmer cons...

UK Braces for Impact as Trump's April 2 Tariffs Loom: What It Means for British Economy

The UK anticipates significant impacts from President Trump's upcoming tariffs on foreign goods, with discussions ongoing for a UK-US economic deal that prioritizes British economi...

UK Halts Producer Price Index Publications: A Deep Dive into the Chain-Linking Conundrum

The UK's Office for National Statistics has temporarily suspended the publication of producer price indices due to issues with the chain-linking methodology. The consumer price ind...

UK Halts Producer Price Index Release Due to Calculation Issues

The UK's Office for National Statistics has temporarily suspended the publication of producer and services producer price indices due to identified issues with calculation methods....

March Sees a Boost in UK Consumer Confidence: A Detailed Look

The latest GfK survey reveals a one-point increase in the UK consumer confidence index in March, reaching negative 19 points. This indicates a slight improvement in economic optimi...

UK Races Against Time to Shield Economy from US Tariffs Ahead of April 2 Deadline

The UK is in urgent negotiations to mitigate the impact of US tariffs set for April 2, focusing on the digital services tax affecting tech giants. The Treasury insists on maintaini...

UK Chancellor Rachel Reeves Addresses Global Changes and Economic Challenges

UK Chancellor Rachel Reeves discusses the global changes affecting the world and the UK's response, including economic reforms and increased defence spending, following a 0.1% GDP ...

UK Chancellor Rachel Reeves Addresses Global Changes and Economic Strategies

UK Chancellor Rachel Reeves discusses the global changes impacting the world and outlines the UK's strategy to protect the nation, reform public services, and boost economic growth...

UK Lifts Sanctions on Rosbank: A New Chapter for Russian Financial Institutions

The UK has removed Rosbank PJSC from its sanctions list, marking a significant shift in the financial sanctions landscape. This decision affects the bank's operations and comes ami...

UK Regulator Clears Microsoft-OpenAI Partnership, No Merger Concerns Found

The UK's Competition and Markets Authority has concluded that Microsoft's partnership with OpenAI does not qualify as a merger, after assessing Microsoft's role in investment, comp...

UK Regulator Clears Microsoft-OpenAI Partnership from Merger Scrutiny

The UK's Competition and Markets Authority (CMA) has determined that Microsoft's partnership with OpenAI does not qualify as a merger, concluding an inquiry that began in December ...

February Sees a Sharp Decline in UK Manufacturing Activity: A 14-Month Low

UK manufacturing activity fell to a 14-month low in February, with the PMI dropping to 46.9. Factors include reduced new orders, lower client confidence, and supply chain issues, a...

UK Considers Joining Pan-European Trade Bloc to Enhance Global Trade Links

The UK is exploring membership in the Pan-Euro-Mediterranean Convention to boost tariff-free trade across Europe, Africa, and the Levant. British Business Secretary Jonathan Reynol...

UK Regulatory Authority Launches Investigation into Apple and Google's Market Dominance

The UK's Competition and Markets Authority is investigating Google and Apple for their compliance with the DMCC Act's Strategic Market Status, focusing on their application stores ...

Reeves Asserts UK's Minimal Impact on US Trade Deficit Amid Trump's Concerns

British Chancellor Rachel Reeves clarifies that the UK does not contribute to the US trade deficit, highlighting increased trade during Trump's previous term.

UK's Industrial Sector Faces Setback: November Sees a 0.4% Drop in Production

The UK's industrial production output saw a 0.4% decline in November, as reported by the Office for National Statistics, signaling potential challenges for the economy.

UK Factory Prices Edge Up: A Slight Rise in December Signals Economic Shifts

The UK's factory gate prices saw a slight increase of 0.1% in December, marking a shift from the previous month's decline. The coke and refined petroleum products sector was the la...

UK Inflation Dips Slightly to 2.5% in December, Defying Analyst Predictions

The UK's annual inflation rate slightly decreased to 2.5% in December, down from 2.6% in November, and below analysts' expectations. This development, reported by the UK Office for...

UK Launches Groundbreaking Investigation into Google's Dominance in Search Services

The UK's Competition and Markets Authority has launched an investigation into Google's search services, focusing on its market dominance and the need for effective competition, wit...

UK Unveils Bold 50-Point Strategy to Dominate Global AI Innovation

British Prime Minister Keir Starmer announces a 50-point strategy to position the UK as a global AI superpower, focusing on simplifying data center construction, expanding public c...

UK's CMA Alerts to High Risks of Bid-Rigging in Procurement Markets

The UK's CMA warns of high risks of bid-rigging in procurement markets, testing a new AI tool to detect irregularities. A new government program aims to simplify bidding and enforc...

UK Factory Output Prices Fall Sharply in November: ONS Data Reveals

The UK's Office for National Statistics reports a 0.6% year-on-year drop in factory output prices for November, driven by significant declines in coke and refined petroleum product...

UK Joins CPTPP: A Game-Changer for Penderyn Distillery and Beyond

The UK's entry into the CPTPP trade bloc promises to lower export tariffs for Penderyn Distillery and other businesses, enhancing trade opportunities in member nations like Malaysi...

UK Approves £5.3 Billion Sale of Royal Mail Owner to Billionaire Investor

The UK has approved the sale of Royal Mail's owner, International Distribution Services, to Daniel Kretinsky for £5.3 billion. The deal, arranged in May, includes a 'golden share' ...

UK Considers Postponing Economic Data Releases to Market Hours

The UK Office for Statistics Regulation is considering postponing the release of sensitive economic data to market hours in London, following feedback from traders. The Bank of Eng...