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Category : Search result: economic recovery
Lloyds Bank warns of falling UK business confidence
Lloyds Bank's latest survey reveals a dip in UK business confidence to 42% in November. Explore the key data and expert insights on hiring, wages, and price pressures for 2026.
Barclays pledges £45bn UK lending boost over three years
Barclays announces a major £45 billion lending increase and £4.4bn UK investment over the next three years, aiming to mobilise economic growth and support customers.
Lloyds: Business Confidence Ends 2025 Higher
Lloyds Bank reveals UK business confidence rose 10 points in 2025, with construction leading the surge. A positive sign for economic growth heading into 2026.
UK GDP growth slows to 0.1% in Q3
The UK economy slowed sharply between July and September, with GDP growth of just 0.1%. A slump in car manufacturing and falling household savings highlight the pressures. Read the full analysis.
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.
Birmingham Council Sells Alpha Tower Amid Bankruptcy
Birmingham City Council approves the sale of the Grade II listed Alpha Tower to aid its financial recovery. The move follows the council's effective bankruptcy declaration in 2023. Read the full story.
Birmingham's 2026 leaders face strict financial controls
Future Birmingham council leaders elected in 2026 will lack full autonomy, bound by a government-imposed action plan to ensure financial stability. Discover the binding roadmap for recovery.
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.
Birmingham's new council leaders will have limited freedom
Government commissioners will oversee Birmingham City Council after the 2026 elections, restricting new leaders' autonomy with a strict action plan. Discover the roadmap for recovery.
Birmingham City Council approves Alpha Tower sale
Birmingham City Council approves the sale of the iconic Alpha Tower to aid its financial recovery. Read the full story and reactions from local councillors.
Council fixers may stay in Birmingham until 2028
The government's lead commissioner warns a 'that'll do' attitude must be broken for Birmingham City Council to recover. Key financial deadlines are set for early 2025.
BoE Cuts Interest Rates to 3.75% After Budget
The Bank of England has cut interest rates to 3.75%, its sixth reduction since the election. Governor Andrew Bailey warns of a 'sharper downturn' risk as growth forecasts are slashed. Read the full analysis.
AA's new app aims to speed up breakdown rescue
The AA has launched a new app to make breakdowns less stressful. Drivers can now report issues digitally, share their exact GPS location, and get help faster, even on dark country roads.
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.
How a phone tap now gets you breakdown help in 3.5 mins
Breakdown assistance in the UK is now faster and clearer thanks to new app-based services. Drivers can report a fault in under 3.5 minutes and track help in real-time. Discover the digital revolution on the roadside.
AA's new app uses GPS to find you faster in a breakdown
The AA has launched a new app feature that uses your smartphone's GPS to pinpoint your exact location during a breakdown, helping patrols reach you faster. Discover how it works and what else the app offers.
DWP can now take money from bank accounts to stop benefit fraud
New laws grant the DWP powers to reclaim cash directly from bank accounts of benefit cheats and check financial data to verify claims. Find out how the crackdown works.
Wales Summit Delivers £16bn Investment and Thousands of Jobs
First Minister Eluned Morgan hails the Wales Investment Summit as a major economic catalyst, securing £16bn in projects from AI data centres to carbon capture. Discover how Wales is positioning itself as a global tech and green energy leader.
Significant Progress at Cornwall's South Crofty Tin Mine
Cornish Metals reports major advances in reviving the historic South Crofty tin mine, with key infrastructure work on track. Production is targeted for 2028, promising a £70m annual boost.
Wales Summit: £16bn Investment to Create 10,000 Jobs
The Welsh Government's Investment Summit confirms over 10,000 new jobs from £16bn in projects, including a major US data centre and Vodafone's 5G expansion.
Birmingham ram-raiders forced to repay £250k
Five men sentenced to 72 years for a terrifying daylight ram-raid on a Birmingham jewellers. They must repay £250k or face more prison time. Read the full story.
Birmingham City's Triple Injury Update & Return Dates
Birmingham City boss Chris Davies provides crucial return timelines for injured trio Ethan Laird, Scott Wright and Lee Buchanan. Get the latest Blues fitness news.
Amy Dowden's new BBC One Show presenting role
Strictly's Amy Dowden announces new presenting role on BBC's The One Show while continuing her recovery. Tune in to see her host the popular programme.
Asda's £1bn IT setback delays recovery 6 months
Asda's £1bn IT system transition caused severe disruption, pushing its recovery timeline back by six months. CEO Allan Leighton calls the sales slump 'self-inflicted'. Read the full analysis.
Plymouth Skyscraper Plans Halted Due to Poor Demand
Sutton Harbour Group pauses £60m Plymouth waterfront development as economic conditions deter buyers. Explore the future of this key regeneration site.
Jen Heal Named New CEO of Design Commission for Wales
Chartered town planner Jen Heal promoted to lead Wales' design advisory body. She will champion design excellence to boost economic growth and community wellbeing across Wales from January.
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.
North West firms react to Rachel Reeves' Budget
North West business leaders give mixed reactions to Chancellor Rachel Reeves' Budget, with many warning of a lack of growth strategy and concerns over regional investment. Read the full analysis.
Welsh business gives mixed verdict on Budget
Welsh business leaders react to the Chancellor's Budget, welcoming investments in AI and nuclear energy but warning that tax rises risk stifling growth. Discover the full analysis.
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