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.
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.
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.
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.