UK Economy Posts Strongest Quarterly Growth in a Year
UK GDP grew 0.6% in Q1 2026, beating forecasts despite global tensions. Services led growth, but economists warn of slowdown ahead due to rising energy costs.
UK GDP grew 0.6% in Q1 2026, beating forecasts despite global tensions. Services led growth, but economists warn of slowdown ahead due to rising energy costs.
UK GDP grew 0.3% in March, beating expectations, but economists warn of a potential recession as the Iran war disrupts trade and energy markets.
Birmingham City's Marc Leonard returns after Achilles surgery. The midfielder ruptured his Achilles playing for Hearts, ending his loan and scuppering summer transfer interest.
GWR will transition to public ownership under Great British Railways. A Devon MP says the measure of success will be efficient and punctual services for passengers.
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RecommendedRussell Greenslade, director of CBI Wales, outlines key economic priorities for the next Welsh government, including stable policy, targeted investment, and infrastructure improvements to boost competitiveness.
Somerset Council bids for government funds to reopen B3191 Cleeve Hill, closed since 2023 due to coastal erosion, with a £30-40m scheme to restore vehicle access.
The UK government's Crime and Policing Act 2026 makes it illegal to possess signal relay, repeater, or amplifier devices used for keyless car theft, with penalties up to five years in prison.
Unai Emery defends his decision to make seven changes after Aston Villa's 2-1 defeat to Tottenham, expressing pride in his players despite boos and a third straight loss.
HMRC collected a record £8.5 billion in inheritance tax in 2025/26, up £200 million. Experts warn 49,000 estates face higher bills due to frozen thresholds and pension rule changes.
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RecommendedExecutive director Mark Miles confirms Albion's financial picture brightens from summer, with full backing for newly-appointed head coach James Morrison after surviving relegation.
Lloyds Bank's April barometer shows Welsh business confidence rose to 38%, bucking the UK-wide decline. However, it remains below the national average of 44%.
Northern mayors and business leaders will gather for the Great North Investment Summit in Leeds on May 18, aiming to attract billions in investment and boost the regional economy.
Premier Modular announces expansion and up to 50 new jobs amid increased demand, moving towards round-the-clock production near Driffield in East Yorkshire.
Despite the April 2026 State Pension triple lock increase of up to £575, experts warn that millions of pensioners will not receive the full amount due to pension type and NI record gaps.
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RecommendedLuciana Ciubotariu has resigned as chief executive of the Celtic Freeport, which covers Milford Haven and Port Talbot, following her appointment in May 2024.
A major £6.3m regeneration project at Glastonbury's historic Baily's Buildings has secured an undisclosed anchor tenant, creating at least 15 new local jobs and revitalising the town's industrial heritage.
A new NatWest survey shows Yorkshire and Humber's private sector economy has slipped into decline, with cost inflation reaching a three-year high. Business confidence, however, remained resilient in the region.
A new NatWest report reveals North East private sector activity grew only slightly in March 2026, with confidence dampened by Middle East conflict and surging input costs, though employment levels improved.
Business Secretary Peter Kyle suggests Donald Trump's policies and Middle East conflicts are stressing UK economic growth, despite positive GDP figures showing 0.5% expansion.
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RecommendedChancellor Rachel Reeves responds to latest UK GDP figures showing 0.5% growth, warning that the conflict in Iran will have economic consequences while defending government economic strategy.
Dorset Innovation Park could see a significant surge in employment and expansion next year if Ministry of Defence funding is secured, with delays currently stalling major projects.
Residents in Middleton express growing excitement as regeneration plans progress, bringing new jobs, homes, and transport links to the once-sceptical town.
Jo Bamford, heir to the JCB fortune, warns that new inheritance tax rules on family businesses could force relocation abroad to preserve jobs and prevent company breakups.
Community lender BCRS Business Loans receives £20m from the British Business Bank to support underserved small businesses in the West Midlands and Wales, enhancing economic growth and job creation.
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RecommendedA major £380 million government investment has been secured for Somerset's Agratas gigafactory, safeguarding thousands of local jobs and positioning the UK as a leader in battery manufacturing for decades to come.
The National Wealth Fund has announced a £599m financing package for Rolls-Royce Small Modular Reactors, aimed at accelerating clean energy development with Great British Energy and creating around 1,000 jobs.
A £380 million government grant will fund a major gigafactory in Somerset, creating batteries for Jaguar Land Rover's electric vehicles, supporting 4,200 jobs and boosting economic growth.
The UK government has invested over £86 million in ITM Power to support the establishment of a large-scale manufacturing line for its Chronos electrolysers in South Yorkshire, creating jobs and advancing the hydrogen economy.
Frozen food giant Apetito secures planning permission for a new £100 million state-of-the-art factory in Trowbridge, safeguarding 700 jobs and creating new roles while boosting production capacity for healthcare and care services.
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RecommendedWil Williams argues Wales needs a radical overhaul of its business support system, which has been ineffective since the WDA was abolished in 2006. He calls for a transparent, decisive approach to boost medium-sized firms and economic growth.