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Business

System Failure, Not Youth Apathy, Driving UK Joblessness Crisis

Young people in Britain are not to blame for soaring unemployment levels, according to Amazon's UK boss John Boumphrey, who has called for a fundamental...

May 18, 2026 · admin

Business

UK Secures £3.7bn Trade Agreement with Six Gulf Nations

The UK has secured a major commercial deal worth £3.7bn with six Gulf states, marking a substantial post-Brexit commercial landmark for the government. The deal,...

May 17, 2026 · admin

Business

UK inflation dips to 2.8% but economists warn of imminent surge ahead

The UK's rate of inflation has dropped to 2.8% in the year to April, lower than 3.3% the month before, chiefly caused by reduced gas...

May 16, 2026 · admin

Business

UK Labour Market Weakens as Vacancies Hit Five Year Low

The UK job market has weakened significantly, with vacant positions dropping to their lowest level in five years, per the latest figures from the ONS....

May 15, 2026 · admin

Business

Oil markets brace for summer surge as Iran tensions escalate

Oil prices surged on Monday as tensions between the United States and Iran escalated, with President Donald Trump delivering a pointed warning that "the clock...

May 14, 2026 · admin

Business

Crackdown on Driving Test Resellers Closes Loophole for Desperate Learners

A 21-year-old student of criminology from Croydon has turned into an unwitting victim of Britain's driving test crisis, having invested £726 of his savings on...

May 13, 2026 · admin

Business

Sterling slides as UK borrowing costs hit 18-year peak amid leadership turmoil

The pound has slumped and UK government debt servicing expenses have reached their peak in nearly two decades as the Labour Party's leadership contest plunged...

May 12, 2026 · admin

Business

British Gas Settles £20m Prepayment Meter Scandal with Vulnerable Customers

British Gas has committed to contributing £20m into a redress fund and cancel up to £70m of at-risk households' energy debt to settle a significant...

May 11, 2026 · admin

Business

Europe faces inevitable flight price surge amid Middle East fuel crisis

Higher airline ticket prices across Europe are now certain as the aviation industry grapples with soaring jet fuel costs sparked by the Middle East conflict,...

May 10, 2026 · admin

Business

Musk Sought Dynasty Control of OpenAI, Altman Testifies in Court

Elon Musk suggested that control of OpenAI ought to transfer to his children after he died, according to testimony given by the company's CEO Sam...

May 9, 2026 · admin