150,000 UK Homes Must Replace 'Zombie' Energy Meters
UK energy watchdog Ofgem urges 150,000 households to act now and replace outdated 'zombie' electricity meters before the signal powering them is switched off for good in 2026.
Category : Search result: Economy 7
22% Minimum Wage Rise 'Causing Headache' for Small Firms
The National Living Wage rising to £12.71 an hour is creating a 'wage compression' crisis for small businesses, squeezing pay gaps and demotivating supervisors. Experts warn of brutal choices ahead.
Petrol drivers face 17p per mile charges in December
UK petrol drivers are paying an average of 17p per mile this December, with a 1000-mile trip costing £173. RAC warns of a costly Christmas on the roads. Read more for the full breakdown and expert comment.
Newport tech consultancy creating 50 new jobs
Fast-growing Newport tech consultancy de Novo Solutions announces plans to create 50 new roles by 2030, expanding its graduate apprenticeship scheme and boosting the Welsh economy.
UK economy stagnates as recession spectre looms
New ONS data reveals UK economic growth slowed to just 0.1% in Q3 2025, posing a major challenge for Chancellor Rachel Reeves. Experts warn of a looming recession.
Small Business Owners' Cautious 2026 Outlook
UK small business owners express cautious optimism for 2026 but warn of a 'serious reality check' for the wider economy. Experts cite inflation, rates, and AI risks.
UK GDP growth confirmed at 0.1% in third quarter
The UK economy grew by just 0.1% between July and September, official data confirms, with manufacturing hit by a major cyberattack. Discover the latest ONS figures and what they mean for the UK's economic outlook.
Night Time Economy Pleads for Help in West Midlands
Struggling night time businesses in the West Midlands met with Business Secretary Peter Kyle, calling for urgent support to tackle soaring costs and falling footfall. Read the latest.
Cardiff 13th, Swansea 47th in UK Investment Attractiveness
New research reveals Cardiff's resilience as a top UK investment destination, while Swansea faces challenges. Discover the key factors shaping regional economic appeal.
Christmas Trading: A £91bn Test for UK Economy
The festive period is a crucial economic stress test, with UK retail sales forecast to hit £91bn. Discover how Christmas spending impacts jobs, businesses, and high streets across the nation.
UK government borrowing tops £11.7bn in November
UK public sector borrowing reached £11.7bn last month, surpassing economist forecasts despite a surge in tax revenues. Discover the fiscal challenges facing the Chancellor.
Bank of England cuts interest rate to 3.75%
Prime Minister Keir Starmer welcomes the Bank of England's latest interest rate cut, highlighting government action on the cost of living. Read the full story.
Bank of England cuts interest rates to 3.75%
The Bank of England has cut interest rates for the first time since August, reducing Bank Rate to 3.75% in a tight 5-4 vote. Governor Andrew Bailey cited rising unemployment and moderating inflation. Read the full analysis.
Cornish Metals floats on AIM for South Crofty revival
Cornish Metals has floated on London's AIM market after re-domiciling to the UK, marking a key step in its plan to restart tin production at the historic South Crofty mine by 2028.
UK inflation falls more than expected to 3.2%
UK inflation fell sharply to 3.2% in November, the lowest rate in eight months. The surprise drop, driven by food prices, makes a Bank of England interest rate cut highly likely. Read the full analysis.
Sharp Rise in Welsh Unemployment to 6.1%
Unemployment in Wales has surged to 6.1%, affecting 94,000 people, while economic inactivity remains stubbornly high at 24.5%. Explore the latest ONS data and political reactions.
Inside Birmingham's multi-million pound Christmas market
From Transylvanian traders to economic impact, we explore the love-hate relationship with Birmingham's sprawling Frankfurt Christmas Market. Discover the facts and share your thoughts.
Wales Investment Summit: Scrutinising the £16bn claims
Analysis reveals the true economic value of £16bn in projects showcased at the Wales Investment Summit may be far lower, highlighting the need for a focus on home-grown firms.
Devon's Top 150 Private Companies for 2025 Announced
Norton Group Holdings, parent of The Range, leads Devon's 150 largest private firms. The list reveals £7.7bn turnover and 48,000 jobs. Discover the county's economic powerhouses.
Downdetector down in Cloudflare outage
A brief Cloudflare outage took Downdetector and countless websites offline, exposing the global economy's dangerous reliance on a few tech giants. Read the expert analysis.
Northern Investment Summit Targets £100bn Economic Boost
Northern mayors announce the Great North Investment Summit in Leeds for May 2026, aiming to attract global investors and add over £100bn to the UK economy. A landmark event for the region's future.
Separate food waste collections for all from 2026
Labour government mandates separate food waste bins for millions in England from 2026. New recycling and packaging rules aim to boost circular economy and cut landfill.
UK R&D spending rebounds, but Wales share under 2%
New ONS figures show UK business R&D expenditure rose to £55.6bn in 2024. However, Wales contributed less than 2% of the total. Discover the regional breakdown and expert analysis.
Wales Development Bank: £1bn Fails High-Growth Firms
As the Development Bank of Wales marks £1bn in investments, analysis reveals its strategy is failing to support the high-growth companies vital for Wales's future economy. A major rethink is urgently needed.
Plaid Cymru plans new Welsh development agency
Plaid Cymru leader Rhun ap Iorwerth unveils plans for a new national development agency to boost the Welsh economy, potentially reviving the WDA brand. Learn more about this key election pledge.
Reeves defends tax rises in Labour Budget
Chancellor Rachel Reeves refuses to apologise for breaking Labour's tax pledge as Budget pushes tax take to record high. Read the full analysis of political reactions.
West of England business leaders criticise Budget
West of England business leaders warn Rachel Reeves' Budget will dampen investment and job creation. Read the full reaction from the region's key industries.
Liverpool business reaction to Rachel Reeves Budget
Liverpool Chamber of Commerce members express relief at 'no surprises' Budget but call for a clearer government vision for long-term economic growth. Read the full analysis.
Reeves' Autumn Budget: Key Measures Revealed
Chancellor Rachel Reeves delivers Autumn Budget with tax changes, NHS funding and economic reforms. Full breakdown of all major announcements affecting UK households.
Rachel Reeves' 2025 Budget: Key Tax and Economy Facts
Chancellor Rachel Reeves unveils Budget 2025 with tax rises on property, pensions and EVs. OBR forecasts show economic growth revised to 1.5% for 2025. Discover the full details.
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