UK Economy on the Rise With Strongest Growth in Nearly Three Years
The UK's economy experienced its strongest growth in almost three years, with a 0.6% expansion in the first quarter of 2024, according to the Office for National Statistics.
GXO Challenges CMA CGM in Logistics Acquisition Battle
Shares of UK logistics company Wincanton surged as a bidding war unfolded, sparked by a 26% higher offer from US rival GXO.
EV Startup Arrival Faces Delisting and Financial Struggles Amidst Promising Beginnings
Arrival, the UK startup once hailed as an EV trailblazer with its micro-factories producing delivery vans for companies like Uber and UPS, is now in dire straits
UK Government Announces National Insurance Tax Cut but Fiscal Drag Impacts Workers
The UK government has announced a reduction in National Insurance tax for workers from 12% to 10%, aiming to provide relief amid a cost-of-living crisis.
27 Countries, Including US and China, Sign Bletchley Park Declaration on AI for Responsible Development
The United States and China, along with 27 other countries and the EU, have signed the Bletchley Park Declaration on AI during a two-day AI Safety Summit held in the UK.
UK's Pro-Motorist Policies Fuel 'Greenlash' in Europe as Governments Face Backlash
The UK government's recent pro-motorist policies have contributed to a "greenlash" against ambitious environmental initiatives in Europe.
UK Approves Equinor's Rosebank Oil Project Amid Environmental Concerns
The UK has given the green light for Equinor's North Sea Rosebank oil and gas project, emphasizing energy security despite opposition from environmentalists.
EU Electric Car Regulations Pose Billions in Costs for Carmakers
New Brexit trade rules related to electric vehicles could impose a significant financial burden on European auto manufacturers, potentially costing them £3.75 billion ($4.58 billion) over the next three years, as reported by BBC News.
U.K. Prime Minister Delays Emissions-Reduction Targets, Including Gasoline and Diesel Car Ban
U.K. Prime Minister Rishi Sunak has announced a delay in several key emissions-reduction targets, including pushing back the ban on the sale of new gasoline and diesel cars from 2030 to 2035.
Mars and DHL Establish Logistics Hubs, Achieving a 7.7% Reduction in CO2 Emissions
Mars and DHL have collaborated to establish new logistics centers in the UK, utilizing advanced technology to reduce CO2 emissions by 7.7%.
G-7 Prioritizes Strengthening Banks and Supply Chains Amidst Accusations of Hypocrisy
The Group of Seven (G-7) advanced economies held closed-door financial talks in Japan, focusing on issues such as bank runs, cybersecurity, and building more reliable supply chains for economic security.
France and the UK explore the use of hydrogen for EVs
A new hydrogen production plant aims to solve the problems with refueling and distribution snags.
For 20 years, London’s Congestion Charge has proven successful
London's Congestion Charge is a fee imposed by the government to drivers who wish to enter certain parts of central London during designated times.
Omicron, who? UK train strikes are what’s affecting retailers
The variant of COVID-19 that was said to destroy the Christmas season for retailers in 2021 is now in the backseat as the latest wave of strikes hit the United Kingdom’s rail network.
British multinational chemical company takes control of its rail network
A “Lean” chemical supply chain depends on the shipper’s ability to keep track of shipments.
The new zero-emission hydrogen electric commercial vehicle is here
Glasgow-based Hydrogen Vehicle Systems (HVS) has unveiled its new clean-sheet-designed hydrogen commercial vehicle, a 40-ton zero-emission HGV (Heavy Goods Vehicle).
Wind turbines see growth as world combats an energy crisis
Offshore wind pipeline projects have been growing at a record pace with the United Kingdom leading the charge.
U.K. postpones energy-saving rules for businesses
The threat of wiping out profits has left businesses across Europe scrambling for a way to deal with the energy crisis after Russia invaded Ukraine.
Global trend: unions are fed up
There seems to be a global trend regarding labor unions… they’ve had enough.
40,000 additional UK rail workers join national labor strike
The United Kingdom’s unionized rail workers are taking a stand against what they deem as unfair pay and reform issues in the rail network.